Last update: Oct 2026

Cost of Living Comparison Between Buenos Aires and Palma de Mallorca

For one person, living is cheaper in Buenos Aires: $1,685 a month against $2,239 in Palma de Mallorca, rent and utilities included – about $6,600 less a year. Higher rent and utilities in Palma de Mallorca outweigh lower spending on other living expenses.

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Cost of Living Index in Buenos Aires
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Buenos Aires Living Index
109

Cost of Living Index in Palma de Mallorca
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Palma de Mallorca Living Index

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Buenos Aires

🇦🇷 Argentina

$1,685

/mo nomad

Palma de Mallorca

🇪🇸 Spain

$2,239

/mo nomad

Monthly Cost of Living

How much you'll spend in Buenos Aires and in Palma de Mallorca

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Buenos Aires and in Palma de Mallorca actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,685 in Buenos Aires versus $2,239 in Palma de Mallorca.

Buenos Aires $1,685
Palma de Mallorca $2,239

Estimated couple costs with rent: $2,742 in Buenos Aires versus $3,269 in Palma de Mallorca.

Buenos Aires $2,742
Palma de Mallorca $3,269

Monthly costs for a family of three with rent: $3,799 in Buenos Aires versus $4,300 in Palma de Mallorca.

Buenos Aires $3,799
Palma de Mallorca $4,300

Living in Buenos Aires costs roughly 25% less than in Palma de Mallorca, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Buenos Aires 26% above, Palma de Mallorca 67% above.

Meal at Budget Restaurant

$18.73 ARS 28.4K

$18.64 €16.63

0.48%

Three-Course Dinner for Two, Mid-Range

$64.5 ARS 97.8K

$66.2 €59.1

-2.66%

Fast Food Meal (McDonalds, etc)

$12.88 ARS 19.5K

$13.35 €11.91

-3.52%

Cappuccino

$3.98 ARS 6,029

$3.20 €2.86

24.37%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.05 ARS 3,103

$2.70 €2.41

-24.07%

Water (0.33 liter bottle)

$1.55 ARS 2,349

$2.71 €2.42

-42.80%

Local Beer (0.5 liter draught)

$3.84 ARS 5,830

$4.61 €4.11

-16.70%

Imported Beer (0.33 liter bottle)

$4.60 ARS 6,970

$3.87 €3.46

18.86%

Milk (1 liter)

$1.44 ARS 2,181

$1.35 €1.21

6.67%

White Bread (500g)

$2.46 ARS 3,738

$1.16 €1.03

112.07%

Rice (white) (1kg)

$1.63 ARS 2,467

$1.62 €1.45

0.62%

Eggs

$2.89 ARS 4,385

$3.41 €3.04

-15.25%

Local Cheese (1kg)

$10.65 ARS 16.1K

$14.56 €13.00

-26.85%

Chicken Fillets (1kg)

$10.00 ARS 15.2K

$8.77 €7.83

14.03%

Beef Round Steak (1kg)

$13.74 ARS 20.8K

$15.90 €14.19

-13.58%

Apples (1kg)

$2.75 ARS 4,166

$2.57 €2.30

7.00%

Banana (1kg)

$2.18 ARS 3,300

$1.95 €1.74

11.79%

Oranges (1kg)

$1.45 ARS 2,205

$1.76 €1.57

-17.61%

Tomato (1kg)

$1.99 ARS 3,013

$2.87 €2.56

-30.66%

Potato (1kg)

$1.24 ARS 1,885

$1.94 €1.73

-36.08%

Onion (1kg)

$1.27 ARS 1,921

$2.18 €1.94

-41.74%

Lettuce (1 head)

$1.70 ARS 2,575

$1.26 €1.12

34.92%

Water (1.5 liter bottle)

$1.73 ARS 2,617

$0.64 €0.58

170.31%

Cigarettes 20 Pack (Marlboro, Camel)

$4.18 ARS 6,337

$6.87 €6.13

-39.16%

Wine (Bottle)

$5.80 ARS 8,790

$5.55 €4.95

4.50%

Local Beer (0.5 liter bottle)

$2.09 ARS 3,163

$1.39 €1.24

50.36%

Imported Beer (0.33 liter bottle)

$2.77 ARS 4,198

$1.91 €1.71

45.03%

One-way Ticket (Public Transport)

$0.75 ARS 1,132

$2.26 €2.02

-66.81%

Public Transport Monthly Pass (Regular Price)

$27.15 ARS 41.2K

$40.95 €36.54

-33.70%

Taxi Start (Normal Tariff)

$1.62 ARS 2,451

$5.09 €4.54

-68.17%

Taxi (Normal Tariff) (1km)

$0.98 ARS 1,481

$1.38 €1.23

-28.99%

Taxi 1hour Waiting (Normal Tariff)

$7.72 ARS 11.7K

$24.04 €21.45

-67.89%

Gasoline (1 liter)

$1.36 ARS 2,058

$1.81 €1.62

-24.86%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.0K ARS 42.5M

$35.4K €31.6K

-20.79%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$34.5K ARS 52.4M

$31.4K €28.0K

10.03%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$216 ARS 326.9K

$253 €226

-14.91%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$25.61 ARS 38.8K

$23.84 €21.28

7.42%

Internet (50+ Mbps, Unlimited Data)

$31.36 ARS 47.6K

$42.93 €38.31

-26.95%

Gym Membership (Monthly)

$49.82 ARS 75.6K

$62.0 €55.3

-19.61%

Tennis Court (1 Hour on Weekend)

$17.06 ARS 25.9K

$27.84 €24.85

-38.72%

Cinema Ticket

$10.43 ARS 15.8K

$9.77 €8.72

6.76%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$466 ARS 706.7K

$610 €544

-23.55%

International Primary School, 1 Child (Yearly)

$9,057 ARS 13.7M

$10.4K €9,246

-12.59%

Jeans (Levis 501 Or Similar)

$122 ARS 185.2K

$71.1 €63.5

71.65%

Summer Dress (H&M, Zara, etc)

$97.4 ARS 147.8K

$55.3 €49.34

76.23%

Sport Shoes (Adidas, Nike)

$117 ARS 177.4K

$99.7 €89.0

17.30%

Men's Leather Business Shoes

$140 ARS 211.9K

$129 €115

8.71%

1-bedroom Apartment, City Center (Monthly)

$763 ARS 1.2M

$1,497 €1,336

-49.02%

1-bedroom Apartment, Outside City Center (Monthly)

$505 ARS 766.1K

$1,055 €941

-52.12%

3-bedroom Apartment, City Center (Monthly)

$1,598 ARS 2.4M

$2,356 €2,103

-32.16%

3-bedroom Apartment, Outside City Center (Monthly)

$1,185 ARS 1.8M

$1,841 €1,643

-35.65%

Buy Apartment in City Center (m2)

$2,678 ARS 4.1M

$6,887 €6,146

-61.11%

Buy Apartment Outside City Center (m2)

$1,858 ARS 2.8M

$3,721 €3,321

-50.06%

Average Monthly Net Salary (After Tax)

$954 ARS 1.4M

$2,018 €1,801

-52.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

57.25

3.07

1764.82%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Buenos Aires: October 6, 2026

Last update for Palma de Mallorca: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Buenos Aires

$505 30.4%

Palma de Mallorca

$1.1K 47.3% 109% $550

Groceries & Markets

Buenos Aires

$284 17.1%

Palma de Mallorca

$271 12.2% 4.5% $13

Eating Out

Buenos Aires

$279 16.8%

Palma de Mallorca

$280 12.6% 0.4% $1.1

Monthly Utilities & Internet

Buenos Aires

$273 16.4%

Palma de Mallorca

$320 14.4% 17.5% $48

Clothing & Footwear

Buenos Aires

$214 12.9%

Palma de Mallorca

$160 7.2% 25.5% $55

Sport & Entertainment

Buenos Aires

$71 4.3%

Palma de Mallorca

$82 3.7% 15.3% $11

Getting Around

Buenos Aires

$37 2.2%

Palma de Mallorca

$62 2.8% 69.2% $25

Cost Breakdown

A one-bedroom apartment in the center runs $763 in Buenos Aires and $1,497 in Palma de Mallorca. Housing cost is often the main lever when comparing two cities.

Palma de Mallorca pays 111% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $64.0 in Buenos Aires vs $66.0 in Palma de Mallorca. Groceries flip the comparison at $284 vs $271, with Palma de Mallorca cheaper for home cooking.

Good to know

🇦🇷 Buenos Aires

🇪🇸 Palma de Mallorca

🕒 Local time

07:42 7:42 AM

12:42 12:42 PM

5 h ahead of Buenos Aires

🌤 Weather

👥 Population

2,891,082 Capital

423,350

💱 Currency

Argentine Peso ARS $

Euro EUR €

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.88 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to ARS – Argentine Peso Converter

🇺🇸 United States Dollar ($)

🇦🇷 Argentine Peso ($)

Argentine Peso exchange rates as of October 10, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,699 ARS (10,000 ARS = 5.88 EUR).

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to ARS in detail →

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Between locations

Buenos Aires Palma de Mallorca 10,360 km ≈ 13 h nonstop flight

From you

Buenos Aires
Palma de Mallorca

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Buenos Aires vs Palma de Mallorca: Cost of Living - Frequently Asked Questions

Buenos Aires and Palma de Mallorca differ by about 33% in total monthly costs ($1,685 vs $2,239 including rent). Buenos Aires is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 111% lower in Palma de Mallorca. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $763 in Buenos Aires versus $1,497 in Palma de Mallorca. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $466 in Buenos Aires versus $610 in Palma de Mallorca. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Palma de Mallorca pay roughly 5% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $1,685 in Buenos Aires versus $2,239 in Palma de Mallorca, a $3,000 budget is realistic in Buenos Aires but tight or insufficient in Palma de Mallorca. The gap between the two cities makes Buenos Aires the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Buenos Aires and Palma de Mallorca are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Buenos Aires gentler on the wallet – expenses run 33% less than in Palma de Mallorca. Beyond cost, consider language, visa policies, and how big the international community is in each city.