Last update: Oct 2026

Cost of Living Comparison Between Palermo and Bilbao

For one person, living is cheaper in Palermo: $1,566 a month against $2,129 in Bilbao, rent and utilities included – about $6,800 less a year. Rent and utilities account for most of the difference.

Palermo
🇮🇹 Italy
$1,566
/mo nomad
Bilbao
🇪🇸 Spain
$2,129
/mo nomad
Monthly Cost of Living

How much you'll spend in Palermo and in Bilbao

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

Monthly costs for one person with rent: $1,566 in Palermo versus $2,129 in Bilbao.

  • Palermo $1,566
  • Bilbao $2,129

Estimated couple costs with rent: $2,314 in Palermo versus $3,159 in Bilbao.

  • Palermo $2,314
  • Bilbao $3,159

Monthly costs for a family of three with rent: $3,061 in Palermo versus $4,190 in Bilbao.

  • Palermo $3,061
  • Bilbao $4,190

Living in Palermo costs roughly 26% less than in Bilbao, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Palermo 16% above, Bilbao 58% above.

Currency
🍽 Eating Out
Palermo
Bilbao
Difference
Meal at Budget Restaurant
$15.02 €13.36
$22.39 €19.92
-32.92%
Three-Course Dinner for Two, Mid-Range
$55.7 €49.51
$71.3 €63.4
-21.88%
Fast Food Meal (McDonalds, etc)
$11.25 €10.01
$12.25 €10.90
-8.16%
Cappuccino
$2.04 €1.81
$2.55 €2.27
-20.00%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.36 €2.10
$3.03 €2.70
-22.11%
Water (0.33 liter bottle)
$1.27 €1.13
$1.89 €1.68
-32.80%
Local Beer (0.5 liter draught)
$5.74 €5.10
$3.33 €2.96
72.37%
Imported Beer (0.33 liter bottle)
$4.02 €3.58
$3.41 €3.04
17.89%
🛒 Groceries & Markets
Palermo
Bilbao
Difference
Milk (1 liter)
$1.26 €1.12
$1.29 €1.15
-2.33%
White Bread (500g)
$1.77 €1.57
$1.58 €1.41
12.03%
Rice (white) (1kg)
$2.74 €2.44
$1.48 €1.32
85.14%
Eggs
$2.99 €2.66
$3.31 €2.95
-9.67%
Local Cheese (1kg)
$14.93 €13.28
$15.51 €13.80
-3.74%
Chicken Fillets (1kg)
$11.99 €10.67
$7.99 €7.11
50.06%
Beef Round Steak (1kg)
$17.07 €15.18
$14.47 €12.87
17.97%
Apples (1kg)
$2.91 €2.59
$2.80 €2.49
3.93%
Banana (1kg)
$2.11 €1.88
$2.16 €1.93
-2.31%
Oranges (1kg)
$2.93 €2.60
$2.61 €2.32
12.26%
Tomato (1kg)
$3.06 €2.72
$2.55 €2.27
20.00%
Potato (1kg)
$1.71 €1.52
$1.63 €1.45
4.91%
Onion (1kg)
$1.50 €1.34
$2.50 €2.22
-40.00%
Lettuce (1 head)
$1.78 €1.59
$1.27 €1.13
40.16%
Water (1.5 liter bottle)
$0.40 €0.35
$0.90 €0.80
-55.56%
Cigarettes 20 Pack (Marlboro, Camel)
$6.86 €6.10
$6.60 €5.88
3.94%
Wine (Bottle)
$7.30 €6.50
$8.00 €7.12
-8.75%
Local Beer (0.5 liter bottle)
$2.17 €1.93
$1.48 €1.31
46.62%
Imported Beer (0.33 liter bottle)
$3.00 €2.67
$2.50 €2.23
20.00%
🚌 Getting Around
Palermo
Bilbao
Difference
One-way Ticket (Public Transport)
$1.58 €1.41
$1.76 €1.57
-10.23%
Public Transport Monthly Pass (Regular Price)
$36.13 €32.14
$50.4 €44.87
-28.37%
Taxi Start (Normal Tariff)
$3.29 €2.92
$5.54 €4.93
-40.61%
Taxi (Normal Tariff) (1km)
$1.14 €1.01
$1.03 €0.91
10.68%
Taxi 1hour Waiting (Normal Tariff)
$38.46 €34.21
$32.65 €29.04
17.79%
Gasoline (1 liter)
$2.07 €1.84
$1.81 €1.61
14.36%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$36.0K €32.0K
$34.7K €30.9K
3.71%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$35.1K €31.2K
$30.7K €27.3K
14.26%
🧾 Monthly Utilities & Internet
Palermo
Bilbao
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$228 €203
$142 €127
60.02%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.87 €8.78
$20.57 €18.29
-52.02%
Internet (50+ Mbps, Unlimited Data)
$26.63 €23.68
$30.26 €26.92
-12.00%
🎉 Sport & Entertainment
Palermo
Bilbao
Difference
Gym Membership (Monthly)
$46.70 €41.54
$55.0 €48.96
-15.15%
Tennis Court (1 Hour on Weekend)
$31.87 €28.35
$15.24 €13.55
109.12%
Cinema Ticket
$8.81 €7.84
$9.97 €8.87
-11.63%
🧸 Childcare & Education
Palermo
Bilbao
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$439 €391
$521 €463
-15.68%
International Primary School, 1 Child (Yearly)
$5,629 €5,007
$11.4K €10.1K
-50.51%
👕👟 Clothing & Footwear
Palermo
Bilbao
Difference
Jeans (Levis 501 Or Similar)
$71.7 €63.8
$105 €93.4
-31.67%
Summer Dress (H&M, Zara, etc)
$30.89 €27.47
$37.72 €33.55
-18.11%
Sport Shoes (Adidas, Nike)
$86.8 €77.2
$75.7 €67.3
14.73%
Men's Leather Business Shoes
$125 €111
$146 €130
-14.05%
🏠 Accommodation & Living
Palermo
Bilbao
Difference
1-bedroom Apartment, City Center (Monthly)
$731 €650
$1,261 €1,121
-42.02%
1-bedroom Apartment, Outside City Center (Monthly)
$500 €445
$1,057 €940
-52.68%
3-bedroom Apartment, City Center (Monthly)
$1,091 €971
$2,392 €2,127
-54.37%
3-bedroom Apartment, Outside City Center (Monthly)
$730 €649
$1,689 €1,503
-56.80%
Buy Apartment in City Center (m2)
$2,641 €2,349
$5,657 €5,032
-53.32%
Buy Apartment Outside City Center (m2)
$1,263 €1,124
$3,688 €3,281
-65.76%
💵 Salaries & Financials
Palermo
Bilbao
Difference
Average Monthly Net Salary (After Tax)
$1,635 €1,455
$2,394 €2,129
-31.69%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.39
2.98
13.76%

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

Last update for Palermo: October 11, 2026

Last update for Bilbao: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Palermo
$500
Bilbao
$1.1K 111% $557
Groceries & Markets
Palermo
$315
Bilbao
$282 10.3% $33
Monthly Utilities & Internet
Palermo
$264
Bilbao
$193 26.9% $71
Eating Out
Palermo
$230
Bilbao
$290 26.1% $60
Clothing & Footwear
Palermo
$142
Bilbao
$164 15.7% $22
Sport & Entertainment
Palermo
$64
Bilbao
$75 16.6% $11
Getting Around
Palermo
$51
Bilbao
$68 32.5% $17

Cost Breakdown

A one-bedroom apartment in the center runs $731 in Palermo and $1,261 in Bilbao. Housing cost is often the main lever when comparing two cities.

Bilbao pays 46% 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: $56.0 in Palermo vs $71.0 in Bilbao. Groceries flip the comparison at $315 vs $282, with Bilbao cheaper for home cooking.

Good to know
🇮🇹 Palermo
🇪🇸 Bilbao
🕒 Local time
06:32 6:32 AM
06:32 6:32 AM
Same time as Palermo
🌤 Weather
👥 Population
628,165
346,096
💱 Currency
Euro EUR €
Euro EUR €
Exchange rates and currency converter

USD to EUR – Euro Converter

Euro exchange rates as of October 18, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • Palermo Bilbao 1,480 km ≈ 2 h 15 min nonstop flight
From you
  • Palermo
  • Bilbao

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
Palermo vs Bilbao: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Palermo and in Bilbao?
Palermo and Bilbao differ by about 36% in total monthly costs ($1,566 vs $2,129 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, salaries run 46% lower in Bilbao. 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 in Bilbao?
Rent for a central apartment: $731 in Palermo versus $1,261 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 $439 in Palermo versus $521 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 12% 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 $2,129 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 36% less than in Bilbao. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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