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

🙂 Solo nomad: Madrid is 1.3% cheaper than Palma de Mallorca without rent, and 0.9% more expensive with rent.

😐 Family of 3: Madrid is 0.5% more expensive than Palma de Mallorca without rent, and 2.3% more expensive with rent.

Meal at Budget Restaurant

$17.03 €14.7

$17.46 €15.08

-2.46%

Three-Course Dinner for Two, Mid-Range

$70.3 €60.7

$64.1 €55.4

9.66%

Fast Food Meal (McDonalds, etc)

$11.77 €10.16

$13.73 €11.85

-14.28%

Cappuccino

$3.21 €2.77

$3.43 €2.96

-6.41%

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

$3.18 €2.75

$3.02 €2.6

5.30%

Water (0.33 liter bottle)

$2.1 €1.82

$2.89 €2.5

-27.34%

Local Beer (0.5 liter draught)

$4.13 €3.56

$4.74 €4.09

-12.87%

Imported Beer (0.33 liter bottle)

$4.49 €3.88

$4.54 €3.92

-1.10%

Milk (1 liter)

$1.23 €1.07

$1.21 €1.04

1.65%

White Bread (500g)

$1.63 €1.41

$1.67 €1.44

-2.40%

Rice (white) (1kg)

$1.64 €1.41

$1.72 €1.48

-4.65%

Eggs

$3.34 €2.89

$3.31 €2.86

0.91%

Local Cheese (1kg)

$14.88 €12.84

$16.02 €13.83

-7.12%

Chicken Fillets (1kg)

$9.04 €7.81

$9.25 €7.98

-2.27%

Beef Round Steak (1kg)

$16.8 €14.5

$15.76 €13.61

6.60%

Apples (1kg)

$2.73 €2.35

$2.44 €2.1

11.89%

Banana (1kg)

$2.15 €1.86

$2 €1.73

7.50%

Oranges (1kg)

$2.5 €2.16

$1.82 €1.58

37.36%

Tomato (1kg)

$2.67 €2.31

$2.9 €2.51

-7.93%

Potato (1kg)

$2.14 €1.85

$1.83 €1.58

16.94%

Onion (1kg)

$2.16 €1.87

$2.29 €1.98

-5.68%

Lettuce (1 head)

$1.35 €1.17

$1.34 €1.16

0.75%

Water (1.5 liter bottle)

$0.93 €0.81

$0.69 €0.6

34.78%

Cigarettes 20 Pack (Marlboro, Camel)

$7.12 €6.15

$6.82 €5.89

4.40%

Wine (Bottle)

$7.96 €6.87

$6.21 €5.36

28.18%

Local Beer (0.5 liter bottle)

$1.39 €1.2

$1.3 €1.12

6.92%

Imported Beer (0.33 liter bottle)

$2.27 €1.96

$1.72 €1.49

31.98%

One-way Ticket (Public Transport)

$1.71 €1.47

$2.24 €1.94

-23.66%

Public Transport Monthly Pass (Regular Price)

$48.37 €41.77

$44.7 €38.59

8.21%

Taxi Start (Normal Tariff)

$4.15 €3.59

$5.29 €4.57

-21.55%

Taxi (Normal Tariff) (1km)

$1.34 €1.15

$3.14 €2.71

-57.32%

Taxi 1hour Waiting (Normal Tariff)

$28.54 €24.64

$24.53 €21.18

16.35%

Gasoline (1 liter)

$1.86 €1.6

$1.78 €1.53

4.49%

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

$37.9K €32.7K

$39.2K €33.8K

-3.29%

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

$34.2K €29.5K

$32.1K €27.7K

6.61%

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

$191 €165

$243 €210

-21.33%

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

$21.25 €18.35

$21.58 €18.63

-1.53%

Internet (50+ Mbps, Unlimited Data)

$35.96 €31.05

$41.76 €36.06

-13.89%

Gym Membership (Monthly)

$54 €46.59

$59.8 €51.7

-9.81%

Tennis Court (1 Hour on Weekend)

$17.96 €15.51

$21.66 €18.7

-17.08%

Cinema Ticket

$11.51 €9.94

$9.4 €8.12

22.45%

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

$674 €582

$615 €531

9.60%

International Primary School, 1 Child (Yearly)

$11.8K €10.2K

$12.2K €10.5K

-3.05%

Jeans (Levis 501 Or Similar)

$95.7 €82.6

$97.4 €84.1

-1.68%

Summer Dress (H&M, Zara, etc)

$41.6 €35.92

$65.8 €56.8

-36.77%

Sport Shoes (Adidas, Nike)

$105 €91.1

$93.8 €81

12.40%

Men's Leather Business Shoes

$132 €114

$135 €116

-2.09%

1-bedroom Apartment, City Center (Monthly)

$1,561 €1,348

$1,302 €1,124

19.89%

1-bedroom Apartment, Outside City Center (Monthly)

$1,109 €958

$1,024 €884

8.33%

3-bedroom Apartment, City Center (Monthly)

$2,840 €2,452

$2,020 €1,744

40.58%

3-bedroom Apartment, Outside City Center (Monthly)

$1,884 €1,626

$1,673 €1,444

12.61%

Buy Apartment in City Center (m2)

$8,381 €7,236

$6,001 €5,181

39.66%

Buy Apartment Outside City Center (m2)

$4,938 €4,263

$4,369 €3,772

13.02%

Average Monthly Net Salary (After Tax)

$2,579 €2,227

$1,855 €1,601

39.06%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

3.59

-4.46%

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

Last update for Madrid: October 29, 2025

Last update for Palma de Mallorca: October 29, 2025

Similar cities

Barcelona

🇪🇸 Spain

Athens

🇬🇷 Greece

Rome

🇮🇹 Italy

Brisbane

🇦🇺 Australia

Turin

🇮🇹 Italy

Tokyo

🇯🇵 Japan

Abu Dhabi

🇦🇪 United Arab Emirates

Ljubljana

🇸🇮 Slovenia