Cost of Living Comparison Between Palermo and Bilbao Cost of Living Comparison Between Palermo and Bilbao

Monthly Cost of Living

Monthly costs for one person with rent: $1,566 in Palermo versus $2,008 in Bilbao.

Estimated couple costs with rent: $2,384 in Palermo versus $2,876 in Bilbao.

Monthly costs for a family of three with rent: $3,202 in Palermo versus $3,743 in Bilbao.

Living in Palermo costs roughly 22% less than in Bilbao, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Palermo 17% above, Bilbao 50% above.

Currency
🍽 Eating Out
Palermo
Bilbao
Difference
Meal at Budget Restaurant
$14.05 €12.10
$17.06 €14.69
-17.64%
Three-Course Dinner for Two, Mid-Range
$58.4 €50.3
$70.6 €60.8
-17.26%
Fast Food Meal (McDonalds, etc)
$11.63 €10.01
$11.36 €9.78
2.38%
Cappuccino
$2.01 €1.73
$2.30 €1.98
-12.61%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.28 €1.96
$3.01 €2.59
-24.25%
Water (0.33 liter bottle)
$1.28 €1.10
$1.98 €1.71
-35.35%
Local Beer (0.5 liter draught)
$5.72 €4.92
$3.67 €3.16
55.86%
Imported Beer (0.33 liter bottle)
$4.14 €3.56
$3.75 €3.23
10.40%
🛒 Groceries & Markets
Palermo
Bilbao
Difference
Milk (1 liter)
$1.41 €1.21
$1.29 €1.11
9.30%
White Bread (500g)
$2.11 €1.81
$1.49 €1.28
41.61%
Rice (white) (1kg)
$2.86 €2.46
$1.71 €1.47
67.25%
Eggs
$3.43 €2.95
$2.92 €2.51
17.47%
Local Cheese (1kg)
$14.37 €12.38
$15.66 €13.49
-8.24%
Chicken Fillets (1kg)
$12.76 €10.99
$8.66 €7.46
47.34%
Beef Round Steak (1kg)
$17.93 €15.44
$13.63 €11.73
31.55%
Apples (1kg)
$2.85 €2.45
$2.69 €2.32
5.95%
Banana (1kg)
$2.34 €2.02
$2.33 €2.01
0.43%
Oranges (1kg)
$3.03 €2.61
$2.43 €2.09
24.69%
Tomato (1kg)
$3.08 €2.65
$2.45 €2.11
25.71%
Potato (1kg)
$1.72 €1.48
$1.69 €1.45
1.78%
Onion (1kg)
$1.25 €1.08
$2.24 €1.93
-44.20%
Lettuce (1 head)
$1.91 €1.65
$1.45 €1.25
31.72%
Water (1.5 liter bottle)
$0.41 €0.35
$1.14 €0.99
-64.04%
Cigarettes 20 Pack (Marlboro, Camel)
$6.53 €5.63
$6.99 €6.02
-6.58%
Wine (Bottle)
$7.84 €6.75
$8.34 €7.18
-6.00%
Local Beer (0.5 liter bottle)
$2.17 €1.87
$1.35 €1.16
60.74%
Imported Beer (0.33 liter bottle)
$3.23 €2.78
$2.68 €2.30
20.52%
🚌 Getting Around
Palermo
Bilbao
Difference
One-way Ticket (Public Transport)
$1.63 €1.41
$1.94 €1.67
-15.98%
Public Transport Monthly Pass (Regular Price)
$36.75 €31.64
$48.89 €42.10
-24.83%
Taxi Start (Normal Tariff)
$4.68 €4.03
$5.46 €4.70
-14.29%
Taxi (Normal Tariff) (1km)
$1.46 €1.26
$0.91 €0.79
60.44%
Taxi 1hour Waiting (Normal Tariff)
$46.92 €40.41
$33.74 €29.06
39.06%
Gasoline (1 liter)
$2.02 €1.74
$1.82 €1.57
10.99%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.1K €30.2K
$39.0K €33.6K
-10.01%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$29.7K €25.6K
$32.4K €27.9K
-8.53%
🧾 Monthly Utilities & Internet
Palermo
Bilbao
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$228 €197
$155 €134
47.28%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$14.61 €12.58
$21.95 €18.90
-33.44%
Internet (50+ Mbps, Unlimited Data)
$29.62 €25.50
$34.79 €29.96
-14.86%
🎉 Sport & Entertainment
Palermo
Bilbao
Difference
Gym Membership (Monthly)
$45.73 €39.37
$56.3 €48.48
-18.77%
Tennis Court (1 Hour on Weekend)
$32.48 €27.97
$10.19 €8.77
218.74%
Cinema Ticket
$9.62 €8.29
$10.19 €8.77
-5.59%
🧸 Childcare & Education
Palermo
Bilbao
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$398 €343
$542 €466
-26.45%
International Primary School, 1 Child (Yearly)
$10.9K €9,384
$9,116 €7,850
19.54%
👕👟 Clothing & Footwear
Palermo
Bilbao
Difference
Jeans (Levis 501 Or Similar)
$88.2 €75.9
$85.5 €73.6
3.21%
Summer Dress (H&M, Zara, etc)
$32.02 €27.57
$34.97 €30.11
-8.44%
Sport Shoes (Adidas, Nike)
$90.4 €77.9
$82.7 €71.2
9.31%
Men's Leather Business Shoes
$128 €110
$112 €96.8
13.98%
🏠 Accommodation & Living
Palermo
Bilbao
Difference
1-bedroom Apartment, City Center (Monthly)
$731 €629
$1,107 €953
-33.97%
1-bedroom Apartment, Outside City Center (Monthly)
$482 €415
$944 €813
-49.00%
3-bedroom Apartment, City Center (Monthly)
$1,018 €877
$1,795 €1,546
-43.27%
3-bedroom Apartment, Outside City Center (Monthly)
$804 €693
$1,353 €1,165
-40.57%
Buy Apartment in City Center (m2)
$2,757 €2,374
$5,928 €5,105
-53.50%
Buy Apartment Outside City Center (m2)
$1,354 €1,166
$3,727 €3,209
-63.67%
💵 Salaries & Financials
Palermo
Bilbao
Difference
Average Monthly Net Salary (After Tax)
$1,598 €1,376
$2,453 €2,112
-34.84%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.72
3.38
39.64%

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

Last update for Palermo: June 1, 2026

Last update for Bilbao: June 2, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $731 in Palermo and $1,107 in Bilbao. Housing cost is often the main lever when comparing two cities.

Bilbao pays 53% 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: $58.0 in Palermo vs $71.0 in Bilbao. Groceries flip the comparison at $330 vs $285, with Bilbao 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
Palermo vs Bilbao: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Palermo and Bilbao?
Palermo and Bilbao differ by about 28% in total monthly costs ($1,566 vs $2,008 including rent). Palermo is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, Bilbao earns 53% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How do apartment prices compare in Palermo and Bilbao?
Rent for a central apartment: $731 in Palermo versus $1,107 in Bilbao. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Palermo and Bilbao?
Childcare runs $398 in Palermo versus $542 in Bilbao. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper grocery shopping?
Shoppers in Bilbao pay roughly 16% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.
Which city is more doable on $1,500 per month?
At $1,566 in Palermo versus $2,008 in Bilbao, a $1,500 budget is realistic in Palermo but tight or insufficient in Bilbao. The gap between the two cities makes Palermo the clear choice for anyone on this budget.
How does quality of life compare between Palermo and Bilbao?
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.
Is Palermo or Bilbao safer for residents?
Safety-wise, Palermo and Bilbao are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Palermo or Bilbao?
Expats usually find Palermo gentler on the wallet – expenses run 28% less than in Bilbao. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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