Cost of Living Comparison Between Madrid and Mallorca Cost of Living Comparison Between Madrid and Mallorca

Monthly Cost of Living

Monthly costs for one person with rent: $2,293 in Madrid versus $1,609 in Mallorca.

Estimated couple costs with rent: $3,370 in Madrid versus $2,376 in Mallorca.

Monthly costs for a family of three with rent: $4,447 in Madrid versus $3,143 in Mallorca.

Living in Madrid is roughly 42% more expensive than in Mallorca, driven mainly by Eating Out.

Both cities are pricier than the global median: Madrid 72% above, Mallorca 20% above.

Meal at Budget Restaurant

$17.33 €15.16

$14.89 €13.03

16.39%

Three-Course Dinner for Two, Mid-Range

$68.7 €60.1

$57.6 €50.4

19.15%

Fast Food Meal (McDonalds, etc)

$11.95 €10.46

$10.31 €9.02

15.91%

Cappuccino

$3.10 €2.71

$2.22 €1.94

39.64%

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

$3.21 €2.81

$2.29 €2.00

40.17%

Water (0.33 liter bottle)

$2.14 €1.87

$1.78 €1.56

20.22%

Local Beer (0.5 liter draught)

$4.10 €3.58

$3.24 €2.83

26.54%

Imported Beer (0.33 liter bottle)

$4.55 €3.98

$3.44 €3.01

32.27%

Milk (1 liter)

$1.19 €1.04

$1.14 €1.00

4.39%

White Bread (500g)

$1.71 €1.49

$1.42 €1.24

20.42%

Rice (white) (1kg)

$1.72 €1.50

$1.62 €1.42

6.17%

Eggs

$3.52 €3.08

$2.95 €2.59

19.32%

Local Cheese (1kg)

$14.98 €13.11

$13.53 €11.83

10.72%

Chicken Fillets (1kg)

$8.83 €7.73

$8.62 €7.55

2.44%

Beef Round Steak (1kg)

$16.75 €14.65

$15.19 €13.29

10.27%

Apples (1kg)

$2.60 €2.27

$2.53 €2.21

2.77%

Banana (1kg)

$2.22 €1.94

$2.03 €1.78

9.36%

Oranges (1kg)

$2.45 €2.14

$1.91 €1.67

28.27%

Tomato (1kg)

$2.65 €2.32

$2.57 €2.25

3.11%

Potato (1kg)

$2.07 €1.81

$1.72 €1.51

20.35%

Onion (1kg)

$2.15 €1.88

$1.94 €1.70

10.82%

Lettuce (1 head)

$1.34 €1.17

$1.28 €1.12

4.69%

Water (1.5 liter bottle)

$0.99 €0.86

$0.77 €0.67

28.57%

Cigarettes 20 Pack (Marlboro, Camel)

$6.99 €6.11

$6.44 €5.63

8.54%

Wine (Bottle)

$7.77 €6.80

$5.99 €5.24

29.72%

Local Beer (0.5 liter bottle)

$1.43 €1.25

$1.22 €1.06

17.21%

Imported Beer (0.33 liter bottle)

$2.18 €1.91

$2.12 €1.86

2.83%

One-way Ticket (Public Transport)

$1.78 €1.56

$1.66 €1.45

7.23%

Public Transport Monthly Pass (Regular Price)

$48.79 €42.68

$34.68 €30.34

40.69%

Taxi Start (Normal Tariff)

$4.12 €3.61

$4.16 €3.64

-0.96%

Taxi (Normal Tariff) (1km)

$1.39 €1.22

$1.25 €1.10

11.20%

Taxi 1hour Waiting (Normal Tariff)

$28.50 €24.93

$24.66 €21.57

15.57%

Gasoline (1 liter)

$1.92 €1.68

$1.74 €1.52

10.34%

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

$37.7K €33.0K

$39.3K €34.4K

-4.20%

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

$34.1K €29.9K

$30.2K €26.4K

13.06%

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

$193 €169

$134 €117

43.97%

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

$21.55 €18.86

$21.08 €18.44

2.23%

Internet (50+ Mbps, Unlimited Data)

$35.97 €31.47

$31.54 €27.59

14.05%

Gym Membership (Monthly)

$52.7 €46.10

$48.27 €42.23

9.16%

Tennis Court (1 Hour on Weekend)

$17.64 €15.44

$15.09 €13.20

16.90%

Cinema Ticket

$11.44 €10.01

$9.43 €8.25

21.31%

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

$669 €585

$409 €357

63.64%

International Primary School, 1 Child (Yearly)

$11.9K €10.4K

$8,114 €7,099

46.44%

Jeans (Levis 501 Or Similar)

$94.7 €82.8

$83.3 €72.8

13.70%

Summer Dress (H&M, Zara, etc)

$42.81 €37.46

$34.42 €30.11

24.38%

Sport Shoes (Adidas, Nike)

$105 €91.7

$90.6 €79.2

15.76%

Men's Leather Business Shoes

$132 €115

$110 €96.3

19.88%

1-bedroom Apartment, City Center (Monthly)

$1,607 €1,406

$844 €738

90.43%

1-bedroom Apartment, Outside City Center (Monthly)

$1,151 €1,007

$685 €599

68.17%

3-bedroom Apartment, City Center (Monthly)

$2,839 €2,483

$1,314 €1,150

115.95%

3-bedroom Apartment, Outside City Center (Monthly)

$1,879 €1,644

$993 €868

89.34%

Buy Apartment in City Center (m2)

$9,038 €7,907

$3,338 €2,921

170.71%

Buy Apartment Outside City Center (m2)

$4,262 €3,729

$2,297 €2,010

85.56%

Average Monthly Net Salary (After Tax)

$2,464 €2,156

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

3.5

-2.00%

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

Last update for Madrid: July 12, 2026

Last update for Mallorca: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,607 in Madrid and $844 in Mallorca. Housing cost is often the main lever when comparing two cities.

Dining out: $69.0 in Madrid vs $58.0 in Mallorca for a mid-range dinner for two. Groceries echo the gap at $293 vs $264 per month, with Mallorca cheaper across the board.

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 42% 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 $3,439 in Madrid and $2,414 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: $1,607 in Madrid versus $844 in Mallorca. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 11% 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 $58.0 versus $69.0 in Madrid. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,609 in Mallorca versus $2,293 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 $1,609 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 42% less than in Madrid. Beyond cost, consider language, visa policies, and how big the international community is in each city.