Cost of Living Comparison Between Mexico City and Palma de Mallorca Cost of Living Comparison Between Mexico City and Palma de Mallorca

Monthly Cost of Living

Monthly costs for one person with rent: $1,456 in Mexico City versus $2,247 in Palma de Mallorca.

Estimated couple costs with rent: $2,361 in Mexico City versus $3,226 in Palma de Mallorca.

Monthly costs for a family of three with rent: $3,266 in Mexico City versus $4,205 in Palma de Mallorca.

Living in Mexico City costs roughly 35% less than in Palma de Mallorca, driven mainly by Eating Out.

Both cities are pricier than the global median: Mexico City 9% above, Palma de Mallorca 68% above.

Meal at Budget Restaurant

$13.07 MX$229

$17.19 €15.02

-23.97%

Three-Course Dinner for Two, Mid-Range

$53.8 MX$940

$62.8 €54.9

-14.40%

Fast Food Meal (McDonalds, etc)

$9.68 MX$169

$14.13 €12.35

-31.49%

Cappuccino

$3.74 MX$65.4

$3.45 €3.01

8.41%

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

$1.62 MX$28.25

$2.99 €2.61

-45.82%

Water (0.33 liter bottle)

$1.16 MX$20.31

$2.85 €2.49

-59.30%

Local Beer (0.5 liter draught)

$3.23 MX$56.4

$4.75 €4.15

-32.00%

Imported Beer (0.33 liter bottle)

$4.74 MX$82.9

$4.74 €4.14

Milk (1 liter)

$1.65 MX$28.80

$1.21 €1.06

36.36%

White Bread (500g)

$2.75 MX$48.15

$1.59 €1.39

72.96%

Rice (white) (1kg)

$1.87 MX$32.77

$1.77 €1.55

5.65%

Eggs

$2.50 MX$43.72

$3.45 €3.01

-27.54%

Local Cheese (1kg)

$10.20 MX$178

$16.29 €14.24

-37.38%

Chicken Fillets (1kg)

$8.25 MX$144

$9.00 €7.86

-8.33%

Beef Round Steak (1kg)

$11.82 MX$207

$16.08 €14.05

-26.49%

Apples (1kg)

$3.01 MX$52.6

$2.37 €2.07

27.00%

Banana (1kg)

$1.81 MX$31.67

$1.96 €1.72

-7.65%

Oranges (1kg)

$2.00 MX$34.96

$1.88 €1.64

6.38%

Tomato (1kg)

$2.00 MX$34.89

$3.02 €2.64

-33.77%

Potato (1kg)

$2.08 MX$36.45

$1.75 €1.53

18.86%

Onion (1kg)

$2.27 MX$39.72

$2.30 €2.01

-1.30%

Lettuce (1 head)

$1.46 MX$25.47

$1.33 €1.16

9.77%

Water (1.5 liter bottle)

$1.08 MX$18.82

$0.70 €0.61

54.29%

Cigarettes 20 Pack (Marlboro, Camel)

$4.35 MX$76.0

$6.53 €5.71

-33.38%

Wine (Bottle)

$16.99 MX$297

$5.80 €5.07

192.93%

Local Beer (0.5 liter bottle)

$1.73 MX$30.31

$1.35 €1.18

28.15%

Imported Beer (0.33 liter bottle)

$3.58 MX$62.5

$1.79 €1.56

100.00%

One-way Ticket (Public Transport)

$0.39 MX$6.77

$2.24 €1.96

-82.59%

Public Transport Monthly Pass (Regular Price)

$18.69 MX$327

$44.49 €38.87

-57.99%

Taxi Start (Normal Tariff)

$1.33 MX$23.18

$5.30 €4.63

-74.91%

Taxi (Normal Tariff) (1km)

$0.28 MX$4.89

$3.19 €2.79

-91.22%

Taxi 1hour Waiting (Normal Tariff)

$5.25 MX$91.8

$24.85 €21.71

-78.87%

Gasoline (1 liter)

$1.34 MX$23.37

$1.78 €1.55

-24.72%

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

$19.4K MX$339.4K

$39.1K €34.2K

-50.42%

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

$23.8K MX$416.7K

$31.6K €27.6K

-24.59%

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

$40.69 MX$712

$240 €210

-83.04%

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

$26.87 MX$470

$21.97 €19.19

22.30%

Internet (50+ Mbps, Unlimited Data)

$30.51 MX$534

$41.93 €36.63

-27.24%

Gym Membership (Monthly)

$52.8 MX$923

$60.2 €52.6

-12.37%

Tennis Court (1 Hour on Weekend)

$26.65 MX$466

$21.92 €19.15

21.58%

Cinema Ticket

$6.51 MX$114

$9.65 €8.43

-32.54%

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

$428 MX$7,485

$618 €540

-30.68%

International Primary School, 1 Child (Yearly)

$10.5K MX$183.6K

$12.7K €11.1K

-17.16%

Jeans (Levis 501 Or Similar)

$57.3 MX$1,001

$98.5 €86.1

-41.90%

Summer Dress (H&M, Zara, etc)

$45.50 MX$796

$65.8 €57.5

-30.84%

Sport Shoes (Adidas, Nike)

$104 MX$1,819

$94.5 €82.6

10.07%

Men's Leather Business Shoes

$108 MX$1,885

$136 €119

-20.59%

1-bedroom Apartment, City Center (Monthly)

$1,003 MX$17.5K

$1,327 €1,160

-24.41%

1-bedroom Apartment, Outside City Center (Monthly)

$623 MX$10.9K

$1,043 €912

-40.32%

3-bedroom Apartment, City Center (Monthly)

$2,109 MX$36.9K

$2,045 €1,787

3.13%

3-bedroom Apartment, Outside City Center (Monthly)

$1,218 MX$21.3K

$1,652 €1,444

-26.29%

Buy Apartment in City Center (m2)

$3,885 MX$67.9K

$6,802 €5,943

-42.89%

Buy Apartment Outside City Center (m2)

$2,033 MX$35.5K

$3,787 €3,308

-46.32%

Average Monthly Net Salary (After Tax)

$1,038 MX$18.1K

$2,063 €1,802

-49.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.34

3.59

215.88%

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

Last update for Mexico City: July 13, 2026

Last update for Palma de Mallorca: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,003 in Mexico City and $1,327 in Palma de Mallorca. Housing cost is often the main lever when comparing two cities.

Palma de Mallorca pays 99% 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: $54.0 in Mexico City vs $63.0 in Palma de Mallorca. Groceries flip the comparison at $292 vs $283, with Palma de Mallorca cheaper for home cooking.

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

Mexico City vs Palma de Mallorca: Cost of Living - Frequently Asked Questions

Mexico City and Palma de Mallorca differ by about 54% in total monthly costs ($1,456 vs $2,247 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 99% 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: $1,003 in Mexico City versus $1,327 in Palma de Mallorca. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 138% less than in Palma de Mallorca. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $428 in Mexico City versus $618 in Palma de Mallorca. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,456 in Mexico City versus $2,247 in Palma de Mallorca, a $2,000 budget is realistic in Mexico City but tight or insufficient in Palma de Mallorca. The gap between the two cities makes Mexico City 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, Mexico City 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 Mexico City gentler on the wallet – expenses run 54% less than in Palma de Mallorca. Beyond cost, consider language, visa policies, and how big the international community is in each city.