Last update: Oct 2026

Cost of Living Comparison Between Palma de Mallorca and Lisbon

For one person, living costs are similar in Palma de Mallorca and in Lisbon: $2,216 and $2,223 a month, rent and utilities included.

108

Cost of Living Index in Palma de Mallorca
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Palma de Mallorca Living Index
107

Cost of Living Index in Lisbon
Learn more

Lisbon Living Index

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Palma de Mallorca

🇪🇸 Spain

$2,216

/mo nomad

Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Monthly Cost of Living

How much you'll spend in Palma de Mallorca and in Lisbon

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

Monthly costs for one person with rent: $2,216 in Palma de Mallorca versus $2,223 in Lisbon.

Palma de Mallorca $2,216
Lisbon $2,223

Estimated couple costs with rent: $3,278 in Palma de Mallorca versus $3,271 in Lisbon.

Palma de Mallorca $3,278
Lisbon $3,271

Monthly costs for a family of three with rent: $4,341 in Palma de Mallorca versus $4,319 in Lisbon.

Palma de Mallorca $4,341
Lisbon $4,319

Monthly costs are close between Palma de Mallorca and Lisbon; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Palma de Mallorca 64% above, Lisbon 65% above.

Meal at Budget Restaurant

$18.70 €16.63

$16.50 €14.67

13.33%

Three-Course Dinner for Two, Mid-Range

$66.8 €59.4

$61.3 €54.5

9.09%

Fast Food Meal (McDonalds, etc)

$13.49 €12.00

$11.27 €10.03

19.70%

Cappuccino

$3.16 €2.81

$3.06 €2.72

3.27%

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

$2.59 €2.31

$2.26 €2.01

14.60%

Water (0.33 liter bottle)

$2.64 €2.34

$1.73 €1.54

52.60%

Local Beer (0.5 liter draught)

$4.58 €4.07

$3.39 €3.02

35.10%

Imported Beer (0.33 liter bottle)

$3.86 €3.43

$3.40 €3.02

13.53%

Milk (1 liter)

$1.36 €1.21

$1.12 €1.00

21.43%

White Bread (500g)

$1.13 €1.00

$1.86 €1.65

-39.25%

Rice (white) (1kg)

$1.61 €1.43

$1.53 €1.36

5.23%

Eggs

$3.42 €3.04

$3.96 €3.53

-13.64%

Local Cheese (1kg)

$14.75 €13.12

$12.76 €11.35

15.60%

Chicken Fillets (1kg)

$8.66 €7.71

$7.90 €7.02

9.62%

Beef Round Steak (1kg)

$16.05 €14.28

$16.97 €15.09

-5.42%

Apples (1kg)

$2.52 €2.24

$2.27 €2.02

11.01%

Banana (1kg)

$2.02 €1.80

$1.75 €1.55

15.43%

Oranges (1kg)

$1.67 €1.49

$1.85 €1.64

-9.73%

Tomato (1kg)

$2.81 €2.50

$2.57 €2.28

9.34%

Potato (1kg)

$1.91 €1.69

$1.86 €1.65

2.69%

Onion (1kg)

$2.15 €1.92

$2.02 €1.80

6.44%

Lettuce (1 head)

$1.29 €1.15

$1.44 €1.28

-10.42%

Water (1.5 liter bottle)

$0.69 €0.61

$0.82 €0.73

-15.85%

Cigarettes 20 Pack (Marlboro, Camel)

$6.75 €6.00

$6.56 €5.83

2.90%

Wine (Bottle)

$5.66 €5.04

$5.62 €5.00

0.71%

Local Beer (0.5 liter bottle)

$1.37 €1.22

$1.28 €1.14

7.03%

Imported Beer (0.33 liter bottle)

$1.95 €1.73

$2.07 €1.84

-5.80%

One-way Ticket (Public Transport)

$2.20 €1.95

$2.35 €2.09

-6.38%

Public Transport Monthly Pass (Regular Price)

$41.00 €36.47

$44.18 €39.30

-7.20%

Taxi Start (Normal Tariff)

$5.02 €4.47

$3.99 €3.55

25.81%

Taxi (Normal Tariff) (1km)

$1.31 €1.16

$1.09 €0.97

20.18%

Taxi 1hour Waiting (Normal Tariff)

$24.14 €21.47

$16.64 €14.81

45.07%

Gasoline (1 liter)

$1.80 €1.60

$2.28 €2.03

-21.05%

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

$34.9K €31.1K

$33.7K €30.0K

3.76%

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

$31.0K €27.6K

$39.3K €35.0K

-21.10%

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

$250 €222

$167 €149

49.05%

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

$23.67 €21.05

$18.80 €16.72

25.90%

Internet (50+ Mbps, Unlimited Data)

$42.21 €37.54

$33.09 €29.43

27.56%

Gym Membership (Monthly)

$61.1 €54.4

$46.01 €40.93

32.84%

Tennis Court (1 Hour on Weekend)

$27.31 €24.30

$19.19 €17.07

42.31%

Cinema Ticket

$9.56 €8.50

$9.84 €8.75

-2.85%

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

$604 €537

$677 €602

-10.86%

International Primary School, 1 Child (Yearly)

$10.3K €9,180

$16.9K €15.1K

-39.01%

Jeans (Levis 501 Or Similar)

$72.1 €64.1

$101 €90.1

-28.78%

Summer Dress (H&M, Zara, etc)

$54.1 €48.11

$45.76 €40.70

18.20%

Sport Shoes (Adidas, Nike)

$97.3 €86.6

$100.0 €88.9

-2.66%

Men's Leather Business Shoes

$131 €117

$123 €109

7.00%

1-bedroom Apartment, City Center (Monthly)

$1,494 €1,329

$1,614 €1,436

-7.45%

1-bedroom Apartment, Outside City Center (Monthly)

$1,048 €932

$1,197 €1,065

-12.47%

3-bedroom Apartment, City Center (Monthly)

$2,340 €2,082

$2,862 €2,545

-18.21%

3-bedroom Apartment, Outside City Center (Monthly)

$1,787 €1,590

$1,990 €1,770

-10.21%

Buy Apartment in City Center (m2)

$6,823 €6,069

$7,577 €6,740

-9.95%

Buy Apartment Outside City Center (m2)

$3,787 €3,368

$4,307 €3,831

-12.08%

Average Monthly Net Salary (After Tax)

$2,046 €1,820

$1,588 €1,412

28.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.07

3.85

-20.26%

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

Last update for Palma de Mallorca: October 11, 2026

Last update for Lisbon: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Palma de Mallorca

$1K 47.3%

Lisbon

$1.2K 53.9% 14.2% $149

Monthly Utilities & Internet

Palma de Mallorca

$316 14.2%

Lisbon

$219 9.9% 30.5% $96

Eating Out

Palma de Mallorca

$280 12.6%

Lisbon

$242 10.9% 13.4% $37

Groceries & Markets

Palma de Mallorca

$272 12.3%

Lisbon

$269 12.1% 0.8% $2.3

Clothing & Footwear

Palma de Mallorca

$160 7.2%

Lisbon

$166 7.5% 4.2% $6.7

Sport & Entertainment

Palma de Mallorca

$80 3.6%

Lisbon

$66 3% 18.1% $15

Getting Around

Palma de Mallorca

$61 2.8%

Lisbon

$63 2.8% 2.7% $1.7

Cost Breakdown

A one-bedroom apartment in the center runs $1,494 in Palma de Mallorca and $1,614 in Lisbon. Housing cost is often the main lever when comparing two cities.

Palma de Mallorca pays 29% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $67.0 in Palma de Mallorca vs $61.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $272 vs $269 per month, with Lisbon cheaper across the board.

Good to know

🇪🇸 Palma de Mallorca

🇵🇹 Lisbon

🕒 Local time

15:41 3:41 PM

14:41 2:41 PM

1 h behind Palma de Mallorca

🌤 Weather

👥 Population

423,350

545,923 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

Palma de Mallorca Lisbon 1,030 km ≈ 1 h 45 min nonstop flight

From you

Palma de Mallorca
Lisbon

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

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

Average pay runs 29% higher in Palma de Mallorca, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,494 in Palma de Mallorca versus $1,614 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Palma de Mallorca runs roughly 8% less than in Lisbon. Both cities have functional networks, but the price difference matters if you're watching your budget.

Shoppers in Lisbon pay roughly 1% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $2,216 in Palma de Mallorca versus $2,223 in Lisbon, a $2,500 budget is realistic in Palma de Mallorca but tight or insufficient in Lisbon. The gap between the two cities makes Palma de Mallorca 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, Palma de Mallorca and Lisbon are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

It comes down to priorities – Palma de Mallorca wins on affordability, Lisbon on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.