Last update: Oct 2026

Cost of Living Comparison Between Mallorca and Madrid

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.

79

Cost of Living Index in Mallorca
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Mallorca Living Index
109

Cost of Living Index in Madrid
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Madrid Living Index

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Mallorca

🇪🇸 Spain

$1,619

/mo nomad

Madrid

🇪🇸 Spain

$2,265

/mo nomad

Monthly Cost of Living

How much you'll spend in Mallorca and in Madrid

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

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

Mallorca $1,619
Madrid $2,265

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

Mallorca $2,373
Madrid $3,311

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

Mallorca $3,126
Madrid $4,356

Living in Mallorca costs roughly 29% less than in Madrid, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$15.33 €13.64

$18.06 €16.06

-15.12%

Three-Course Dinner for Two, Mid-Range

$58.7 €52.2

$66.5 €59.2

-11.76%

Fast Food Meal (McDonalds, etc)

$10.54 €9.37

$11.40 €10.14

-7.54%

Cappuccino

$2.22 €1.98

$3.03 €2.69

-26.73%

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

$2.36 €2.10

$3.25 €2.89

-27.38%

Water (0.33 liter bottle)

$1.77 €1.57

$2.32 €2.07

-23.71%

Local Beer (0.5 liter draught)

$3.35 €2.98

$3.85 €3.42

-12.99%

Imported Beer (0.33 liter bottle)

$3.54 €3.15

$4.82 €4.29

-26.56%

Milk (1 liter)

$1.14 €1.02

$1.32 €1.18

-13.64%

White Bread (500g)

$1.36 €1.21

$1.61 €1.43

-15.53%

Rice (white) (1kg)

$1.68 €1.50

$1.75 €1.56

-4.00%

Eggs

$2.90 €2.58

$4.06 €3.61

-28.57%

Local Cheese (1kg)

$13.55 €12.06

$16.34 €14.54

-17.07%

Chicken Fillets (1kg)

$8.28 €7.37

$9.61 €8.55

-13.84%

Beef Round Steak (1kg)

$14.90 €13.26

$17.43 €15.50

-14.52%

Apples (1kg)

$2.44 €2.17

$2.63 €2.34

-7.22%

Banana (1kg)

$2.04 €1.81

$2.18 €1.93

-6.42%

Oranges (1kg)

$1.97 €1.76

$2.50 €2.22

-21.20%

Tomato (1kg)

$2.64 €2.35

$2.60 €2.32

1.54%

Potato (1kg)

$1.73 €1.54

$2.25 €2.01

-23.11%

Onion (1kg)

$2.05 €1.82

$2.08 €1.85

-1.44%

Lettuce (1 head)

$1.33 €1.19

$1.56 €1.39

-14.74%

Water (1.5 liter bottle)

$0.76 €0.68

$1.08 €0.96

-29.63%

Cigarettes 20 Pack (Marlboro, Camel)

$6.44 €5.73

$6.70 €5.96

-3.88%

Wine (Bottle)

$5.79 €5.15

$7.82 €6.95

-25.96%

Local Beer (0.5 liter bottle)

$1.24 €1.11

$1.22 €1.08

1.64%

Imported Beer (0.33 liter bottle)

$2.06 €1.84

$2.25 €2.00

-8.44%

One-way Ticket (Public Transport)

$1.69 €1.50

$1.63 €1.45

3.68%

Public Transport Monthly Pass (Regular Price)

$34.17 €30.39

$37.72 €33.56

-9.41%

Taxi Start (Normal Tariff)

$4.11 €3.65

$3.81 €3.39

7.87%

Taxi (Normal Tariff) (1km)

$1.21 €1.08

$1.49 €1.33

-18.79%

Taxi 1hour Waiting (Normal Tariff)

$24.95 €22.20

$29.99 €26.68

-16.81%

Gasoline (1 liter)

$1.80 €1.60

$1.79 €1.59

0.56%

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

$38.0K €33.8K

$33.7K €29.9K

12.90%

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

$30.1K €26.8K

$33.3K €29.6K

-9.38%

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

$137 €122

$190 €169

-27.87%

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

$20.46 €18.20

$17.57 €15.63

16.45%

Internet (50+ Mbps, Unlimited Data)

$31.37 €27.91

$35.34 €31.43

-11.23%

Gym Membership (Monthly)

$48.42 €43.07

$49.52 €44.04

-2.22%

Tennis Court (1 Hour on Weekend)

$15.10 €13.43

$18.20 €16.19

-17.03%

Cinema Ticket

$9.35 €8.31

$11.09 €9.87

-15.69%

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

$406 €361

$684 €609

-40.62%

International Primary School, 1 Child (Yearly)

$8,103 €7,208

$18.2K €16.2K

-55.53%

Jeans (Levis 501 Or Similar)

$83.1 €73.9

$87.8 €78.1

-5.32%

Summer Dress (H&M, Zara, etc)

$34.97 €31.11

$42.06 €37.41

-16.86%

Sport Shoes (Adidas, Nike)

$88.6 €78.8

$111 €98.3

-19.86%

Men's Leather Business Shoes

$106 €94.6

$113 €100

-5.70%

1-bedroom Apartment, City Center (Monthly)

$862 €767

$1,509 €1,342

-42.86%

1-bedroom Apartment, Outside City Center (Monthly)

$688 €612

$1,162 €1,034

-40.78%

3-bedroom Apartment, City Center (Monthly)

$1,331 €1,184

$2,804 €2,494

-52.54%

3-bedroom Apartment, Outside City Center (Monthly)

$988 €879

$1,867 €1,661

-47.09%

Buy Apartment in City Center (m2)

$3,395 €3,020

$9,017 €8,021

-62.35%

Buy Apartment Outside City Center (m2)

$2,283 €2,031

$4,294 €3,819

-46.83%

Average Monthly Net Salary (After Tax)

$2,495 €2,219

20-Year Fixed Mortgage Interest Rate (Annual %)

3.5

3.14

11.46%

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

Last update for Mallorca: October 18, 2026

Last update for Madrid: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Mallorca

$688 42.5%

Madrid

$1.2K 51.3% 68.9% $474

Groceries & Markets

Mallorca

$261 16.1%

Madrid

$308 13.6% 17.7% $46

Eating Out

Mallorca

$221 13.7%

Madrid

$266 11.8% 20.3% $45

Monthly Utilities & Internet

Mallorca

$189 11.7%

Madrid

$243 10.7% 28.6% $54

Clothing & Footwear

Mallorca

$141 8.7%

Madrid

$159 7% 12.8% $18

Sport & Entertainment

Mallorca

$67 4.1%

Madrid

$72 3.2% 6.8% $4.6

Getting Around

Mallorca

$51 3.2%

Madrid

$56 2.5% 8.6% $4.4

Cost Breakdown

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

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

Good to know

🇪🇸 Mallorca

🇪🇸 Madrid

🕒 Local time

04:53 4:53 AM

Same time as Mallorca

🌤 Weather

👥 Population

940,332

3,332,035 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Mallorca Madrid 580 km ≈ 1 h 15 min nonstop flight

From you

Mallorca
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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

Mallorca vs Madrid: 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 $2,429 in Mallorca and $3,398 in Madrid 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: $862 in Mallorca versus $1,509 in Madrid. 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, Mallorca and Madrid 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.