Cost of Living in Palma de Mallorca

Summary of cost of living in Palma de Mallorca, Spain:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 13.94 $ 10.72-21.45
Meal for 2 People, Mid-range Restaurant, Three-course 53.62 $ 42.89-75.06
McMeal at McDonalds (or Equivalent Combo Meal) 11.80 $ 10.72-12.87
Domestic Beer (1 pint draught) 3.22 $ 2.57-5.36
Imported Beer (12 oz small bottle) 4.29 $ 3.22-5.36
Cappuccino (regular) 2.84 $ 1.61-3.75
Coke/Pepsi (12 oz small bottle) 2.81 $ 2.14-3.22
Water (12 oz small bottle) 2.23 $ 1.93-3.22
Markets
Edit
Milk (regular), (1 gallon) 3.98 $ 3.65-4.26
Loaf of Fresh White Bread (1 lb) 1.24 $ 0.73-2.54
Rice (white), (1 lb) 0.84 $ 0.49-0.97
Eggs (regular) (12) 2.93 $ 1.29-4.29
Local Cheese (1 lb) 6.32 $ 3.45-6.81
Chicken Fillets (1 lb) 3.59 $ 1.95-4.37
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.66 $ 4.86-8.03
Apples (1 lb) 0.86 $ 0.63-0.97
Banana (1 lb) 0.92 $ 0.71-1.22
Oranges (1 lb) 0.69 $ 0.49-0.88
Tomato (1 lb) 1.19 $ 0.88-1.46
Potato (1 lb) 0.66 $ 0.39-0.85
Onion (1 lb) 0.85 $ 0.49-0.97
Lettuce (1 head) 1.18 $ 0.91-2.14
Water (1.5 liter bottle) 0.68 $ 0.43-0.97
Bottle of Wine (Mid-Range) 8.04 $ 5.36-9.65
Domestic Beer (0.5 liter bottle) 1.04 $ 0.75-2.14
Imported Beer (12 oz small bottle) 1.65 $ 1.07-2.14
Cigarettes 20 Pack (Marlboro) 5.90 $ 5.36-6.43
Transportation
Edit
One-way Ticket (Local Transport) 2.14 $ 0.00-2.14
Monthly Pass (Regular Price) 39.68 $ 39.68-42.89
Taxi Start (Normal Tariff) 4.50 $ 4.29-5.36
Taxi 1 mile (Normal Tariff) 4.31 $ 2.42-5.18
Taxi 1hour Waiting (Normal Tariff) 22.95 $ 21.45-42.89
Gasoline (1 gallon) 6.78 $ 6.21-8.81
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,778.86 $ 26,808.67-35,778.86
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,932.07 $ 21,446.94-25,736.33
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 218.88 $ 128.68-268.09
Mobile Phone Monthly Plan with Calls and 10GB+ Data 21.45 $ 16.09-21.45
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 38.71 $ 32.17-53.62
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 54.56 $ 38.60-80.43
Tennis Court Rent (1 Hour on Weekend) 18.87 $ 16.09-20.37
Cinema, International Release, 1 Seat 8.58 $ 8.04-9.65
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 661.28 $ 428.94-893.62
International Primary School, Yearly for 1 Child 11,554.54 $ 7,077.49-19,302.25
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 88.29 $ 84.72-96.51
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.83 $ 37.53-64.34
1 Pair of Nike Running Shoes (Mid-Range) 83.34 $ 64.34-96.51
1 Pair of Men Leather Business Shoes 100.34 $ 75.06-160.85
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,092.45 $ 965.11-1,286.82
Apartment (1 bedroom) Outside of Centre 893.62 $ 804.26-1,072.35
Apartment (3 bedrooms) in City Centre 1,754.05 $ 1,501.29-2,037.46
Apartment (3 bedrooms) Outside of Centre 1,414.16 $ 1,286.82-1,715.76
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 410.45 $ 348.68-747.18
Price per Square Feet to Buy Apartment Outside of Centre 262.34 $ 189.28-398.49
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,601.82 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 2.00-4.50

Prices in Palma de Mallorca

This city had 434 entries in the past 12 months by 42 different contributors.
Last update: March 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
Sign Up for Our Newsletter:
Your Email Address:
Nearby cities:
  
  
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

6 Comments so far
HaChris on Jan 25, 2024:
If the rental of 1-bedroom apartment is 975.00 and salary average 1.565, how can reantal only be 30% in your distribution of expences?
Tony on Nov 18, 2022:
Cost of living in Mallorca much higher than you print
Anonymous on Jun 13, 2021:
How are the schools in Mallorca
My husband & I have two amazing young boys, currently following an English (UK) Cambridge system & have Spanish as a 2nd language as being half Spanish. We’d like to know they the quality of school systems there & if there are predominantly English/ Internationally recognized schools for them to school in.
Requirements of schools can range from mid to high quality.
EJW on Jan 10, 2021:
LOL I guess I shouldn't comment on another post but HOW does anyone spend 4000 euros on food for two for 1 week anywhere? Please explain.
Z on Dec 31, 2020:
I was there for a week and paid for food alone 4k Euro, two adults.

Probably depends on the quality you expect, I expect good.

If you really want to know if you can afford to live there happily, I recommend going on vacation and see for your self.

Could be a lot cheaper if you plan to make food yourself but that's a poor retirement. Better invest money and retire when you can afford better.

Cheers!
Leonard on Sep 05, 2020:
My wife and I are retired and want to live out the rest of our life's in a WARM and SUNNY Beach inviroment..Like Santa Ponsa or Paquera Spain maybe even Palma de'Mallorca . Between the two of us we receive approximately $3.775.00 A mouth in retirement pay.. Would it be doable for the two us to live comfortably please let me know what you think.. Thank you very much.Mr Kozerski