Last update: Oct 2026

Cost of Living Comparison Between Madrid and Mallorca

For one person, living is cheaper in Mallorca: $1,619 a month against $2,265 in Madrid, rent and utilities included – about $7,800 less a year. Rent and utilities account for most of the difference.

109

Cost of Living Index in Madrid
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Madrid Living Index
79

Cost of Living Index in Mallorca
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Mallorca Living Index

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Madrid

🇪🇸 Spain

$2,265

/mo nomad

Mallorca

🇪🇸 Spain

$1,619

/mo nomad

Monthly Cost of Living

How much you'll spend in Madrid and in Mallorca

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

Monthly costs for one person with rent: $2,265 in Madrid versus $1,619 in Mallorca.

Madrid $2,265
Mallorca $1,619

Estimated couple costs with rent: $3,311 in Madrid versus $2,373 in Mallorca.

Madrid $3,311
Mallorca $2,373

Monthly costs for a family of three with rent: $4,356 in Madrid versus $3,126 in Mallorca.

Madrid $4,356
Mallorca $3,126

Living in Madrid is roughly 40% more expensive than in Mallorca, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Madrid 67% above, Mallorca 19% above.

Meal at Budget Restaurant

$18.06 €16.06

$15.33 €13.64

17.81%

Three-Course Dinner for Two, Mid-Range

$66.5 €59.2

$58.7 €52.2

13.33%

Fast Food Meal (McDonalds, etc)

$11.40 €10.14

$10.54 €9.37

8.16%

Cappuccino

$3.03 €2.69

$2.22 €1.98

36.49%

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

$3.25 €2.89

$2.36 €2.10

37.71%

Water (0.33 liter bottle)

$2.32 €2.07

$1.77 €1.57

31.07%

Local Beer (0.5 liter draught)

$3.85 €3.42

$3.35 €2.98

14.93%

Imported Beer (0.33 liter bottle)

$4.82 €4.29

$3.54 €3.15

36.16%

Milk (1 liter)

$1.32 €1.18

$1.14 €1.02

15.79%

White Bread (500g)

$1.61 €1.43

$1.36 €1.21

18.38%

Rice (white) (1kg)

$1.75 €1.56

$1.68 €1.50

4.17%

Eggs

$4.06 €3.61

$2.90 €2.58

40.00%

Local Cheese (1kg)

$16.34 €14.54

$13.55 €12.06

20.59%

Chicken Fillets (1kg)

$9.61 €8.55

$8.28 €7.37

16.06%

Beef Round Steak (1kg)

$17.43 €15.50

$14.90 €13.26

16.98%

Apples (1kg)

$2.63 €2.34

$2.44 €2.17

7.79%

Banana (1kg)

$2.18 €1.93

$2.04 €1.81

6.86%

Oranges (1kg)

$2.50 €2.22

$1.97 €1.76

26.90%

Tomato (1kg)

$2.60 €2.32

$2.64 €2.35

-1.52%

Potato (1kg)

$2.25 €2.01

$1.73 €1.54

30.06%

Onion (1kg)

$2.08 €1.85

$2.05 €1.82

1.46%

Lettuce (1 head)

$1.56 €1.39

$1.33 €1.19

17.29%

Water (1.5 liter bottle)

$1.08 €0.96

$0.76 €0.68

42.11%

Cigarettes 20 Pack (Marlboro, Camel)

$6.70 €5.96

$6.44 €5.73

4.04%

Wine (Bottle)

$7.82 €6.95

$5.79 €5.15

35.06%

Local Beer (0.5 liter bottle)

$1.22 €1.08

$1.24 €1.11

-1.61%

Imported Beer (0.33 liter bottle)

$2.25 €2.00

$2.06 €1.84

9.22%

One-way Ticket (Public Transport)

$1.63 €1.45

$1.69 €1.50

-3.55%

Public Transport Monthly Pass (Regular Price)

$37.72 €33.56

$34.17 €30.39

10.39%

Taxi Start (Normal Tariff)

$3.81 €3.39

$4.11 €3.65

-7.30%

Taxi (Normal Tariff) (1km)

$1.49 €1.33

$1.21 €1.08

23.14%

Taxi 1hour Waiting (Normal Tariff)

$29.99 €26.68

$24.95 €22.20

20.20%

Gasoline (1 liter)

$1.79 €1.59

$1.80 €1.60

-0.56%

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

$33.7K €29.9K

$38.0K €33.8K

-11.43%

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

$33.3K €29.6K

$30.1K €26.8K

10.35%

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

$190 €169

$137 €122

38.65%

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

$17.57 €15.63

$20.46 €18.20

-14.13%

Internet (50+ Mbps, Unlimited Data)

$35.34 €31.43

$31.37 €27.91

12.66%

Gym Membership (Monthly)

$49.52 €44.04

$48.42 €43.07

2.27%

Tennis Court (1 Hour on Weekend)

$18.20 €16.19

$15.10 €13.43

20.53%

Cinema Ticket

$11.09 €9.87

$9.35 €8.31

18.61%

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

$684 €609

$406 €361

68.41%

International Primary School, 1 Child (Yearly)

$18.2K €16.2K

$8,103 €7,208

124.85%

Jeans (Levis 501 Or Similar)

$87.8 €78.1

$83.1 €73.9

5.62%

Summer Dress (H&M, Zara, etc)

$42.06 €37.41

$34.97 €31.11

20.27%

Sport Shoes (Adidas, Nike)

$111 €98.3

$88.6 €78.8

24.78%

Men's Leather Business Shoes

$113 €100

$106 €94.6

6.04%

1-bedroom Apartment, City Center (Monthly)

$1,509 €1,342

$862 €767

75.01%

1-bedroom Apartment, Outside City Center (Monthly)

$1,162 €1,034

$688 €612

68.87%

3-bedroom Apartment, City Center (Monthly)

$2,804 €2,494

$1,331 €1,184

110.71%

3-bedroom Apartment, Outside City Center (Monthly)

$1,867 €1,661

$988 €879

89.00%

Buy Apartment in City Center (m2)

$9,017 €8,021

$3,395 €3,020

165.59%

Buy Apartment Outside City Center (m2)

$4,294 €3,819

$2,283 €2,031

88.06%

Average Monthly Net Salary (After Tax)

$2,495 €2,219

20-Year Fixed Mortgage Interest Rate (Annual %)

3.14

3.5

-10.29%

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

Last update for Madrid: October 18, 2026

Last update for Mallorca: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Madrid

$1.2K 51.3%

Mallorca

$688 42.5% 40.8% $474

Groceries & Markets

Madrid

$308 13.6%

Mallorca

$261 16.1% 15% $46

Eating Out

Madrid

$266 11.8%

Mallorca

$221 13.7% 16.9% $45

Monthly Utilities & Internet

Madrid

$243 10.7%

Mallorca

$189 11.7% 22.3% $54

Clothing & Footwear

Madrid

$159 7%

Mallorca

$141 8.7% 11.4% $18

Sport & Entertainment

Madrid

$72 3.2%

Mallorca

$67 4.1% 6.4% $4.6

Getting Around

Madrid

$56 2.5%

Mallorca

$51 3.2% 7.9% $4.4

Cost Breakdown

A one-bedroom apartment in the center runs $1,509 in Madrid and $862 in Mallorca. Housing cost is often the main lever when comparing two cities.

Dining out: $66.0 in Madrid vs $59.0 in Mallorca for a mid-range dinner for two. Groceries echo the gap at $308 vs $261 per month, with Mallorca cheaper across the board.

Good to know

🇪🇸 Madrid

🇪🇸 Mallorca

🕒 Local time

05:37 5:37 AM

Same time as Madrid

🌤 Weather

👥 Population

3,332,035 Capital

940,332

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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Between locations

Madrid Mallorca 580 km ≈ 1 h 15 min nonstop flight

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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

Madrid vs Mallorca: Cost of Living - Frequently Asked Questions

Mallorca wins on cost – living expenses run 40% lower than in Madrid. Housing and daily spending are where you'll feel the difference most, making Mallorca the obvious pick if budget is a priority.

You'd need roughly $3,398 in Madrid and $2,429 in Mallorca to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,509 in Madrid versus $862 in Mallorca. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 18% higher in Madrid. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Mallorca – a meal for two runs $59.0 versus $66.0 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,619 in Mallorca versus $2,265 in Madrid, a $2,500 budget is realistic in Mallorca but tight or insufficient in Madrid. The gap between the two cities makes Mallorca the clear choice for anyone on this budget.

Both work as nomad bases, but Mallorca delivers better value – similar infrastructure at $1,619 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Mallorca hard to pass up.

Safety-wise, Madrid and 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 Mallorca gentler on the wallet – expenses run 40% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.