Last update: Oct 2026

Cost of Living Comparison Between Palma de Mallorca and London

For one person, living is cheaper in Palma de Mallorca: $2,239 a month against $4,086 in London, rent and utilities included – about $22,200 less a year. Rent and utilities account for most of the difference.

109

Cost of Living Index in Palma de Mallorca
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Palma de Mallorca Living Index
196

Cost of Living Index in London
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London Living Index

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Palma de Mallorca

🇪🇸 Spain

$2,239

/mo nomad

London

🇬🇧 United Kingdom

$4,086

/mo nomad

Monthly Cost of Living

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

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 London actually costs, broken down by who's living it.

A single person spends $2,239 per month in Palma de Mallorca vs $4,086 in London, rent included.

Palma de Mallorca $2,239
London $4,086

A couple spends around $3,269 per month in Palma de Mallorca vs $5,816 in London, rent included.

Palma de Mallorca $3,269
London $5,816

A family of three spends $4,300 per month in Palma de Mallorca vs $7,546 in London, rent included.

Palma de Mallorca $4,300
London $7,546

Palma de Mallorca is about 45% cheaper than London, and outside of rent the biggest gap is in transport.

Both Palma de Mallorca and London sit above the global median – Palma de Mallorca by 67%, London by 205%.

Meal at Budget Restaurant

$18.64 €16.63

$26.62 £20.11

-29.98%

Three-Course Dinner for Two, Mid-Range

$66.2 €59.1

$108 £81.3

-38.43%

Fast Food Meal (McDonalds, etc)

$13.35 €11.91

$10.39 £7.85

28.49%

Cappuccino

$3.20 €2.86

$5.79 £4.38

-44.73%

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

$2.70 €2.41

$3.01 £2.27

-10.30%

Water (0.33 liter bottle)

$2.71 €2.42

$2.15 £1.63

26.05%

Local Beer (0.5 liter draught)

$4.61 €4.11

$9.35 £7.06

-50.70%

Imported Beer (0.33 liter bottle)

$3.87 €3.46

$7.84 £5.93

-50.64%

Milk (1 liter)

$1.35 €1.21

$1.79 £1.35

-24.58%

White Bread (500g)

$1.16 €1.03

$2.06 £1.56

-43.69%

Rice (white) (1kg)

$1.62 €1.45

$2.31 £1.74

-29.87%

Eggs

$3.41 €3.04

$5.05 £3.82

-32.48%

Local Cheese (1kg)

$14.56 €13.00

$12.57 £9.50

15.83%

Chicken Fillets (1kg)

$8.77 €7.83

$10.66 £8.05

-17.73%

Beef Round Steak (1kg)

$15.90 €14.19

$17.13 £12.94

-7.18%

Apples (1kg)

$2.57 €2.30

$3.03 £2.29

-15.18%

Banana (1kg)

$1.95 €1.74

$1.41 £1.07

38.30%

Oranges (1kg)

$1.76 €1.57

$3.05 £2.31

-42.30%

Tomato (1kg)

$2.87 €2.56

$3.38 £2.56

-15.09%

Potato (1kg)

$1.94 €1.73

$1.67 £1.26

16.17%

Onion (1kg)

$2.18 €1.94

$1.73 £1.31

26.01%

Lettuce (1 head)

$1.26 €1.12

$1.41 £1.07

-10.64%

Water (1.5 liter bottle)

$0.64 €0.58

$1.79 £1.35

-64.25%

Cigarettes 20 Pack (Marlboro, Camel)

$6.87 €6.13

$23.22 £17.55

-70.41%

Wine (Bottle)

$5.55 €4.95

$12.99 £9.82

-57.27%

Local Beer (0.5 liter bottle)

$1.39 €1.24

$3.18 £2.40

-56.29%

Imported Beer (0.33 liter bottle)

$1.91 €1.71

$4.41 £3.33

-56.69%

One-way Ticket (Public Transport)

$2.26 €2.02

$3.87 £2.93

-41.60%

Public Transport Monthly Pass (Regular Price)

$40.95 €36.54

$250 £189

-83.62%

Taxi Start (Normal Tariff)

$5.09 €4.54

$5.71 £4.31

-10.86%

Taxi (Normal Tariff) (1km)

$1.38 €1.23

$3.33 £2.51

-58.56%

Taxi 1hour Waiting (Normal Tariff)

$24.04 €21.45

$57.9 £43.76

-58.49%

Gasoline (1 liter)

$1.81 €1.62

$2.04 £1.54

-11.27%

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

$35.4K €31.6K

$37.5K £28.4K

-5.82%

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

$31.4K €28.0K

$40.9K £30.9K

-23.26%

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

$253 €226

$376 £284

-32.64%

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

$23.84 €21.28

$17.88 £13.51

33.33%

Internet (50+ Mbps, Unlimited Data)

$42.93 €38.31

$40.01 £30.24

7.30%

Gym Membership (Monthly)

$62.0 €55.3

$61.2 £46.22

1.32%

Tennis Court (1 Hour on Weekend)

$27.84 €24.85

$21.07 £15.93

32.13%

Cinema Ticket

$9.77 €8.72

$17.95 £13.57

-45.57%

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

$610 €544

$2,865 £2,165

-78.73%

International Primary School, 1 Child (Yearly)

$10.4K €9,246

$35.3K £26.7K

-70.68%

Jeans (Levis 501 Or Similar)

$71.1 €63.5

$116 £87.7

-38.67%

Summer Dress (H&M, Zara, etc)

$55.3 €49.34

$54.1 £40.87

2.24%

Sport Shoes (Adidas, Nike)

$99.7 €89.0

$127 £95.7

-21.26%

Men's Leather Business Shoes

$129 €115

$159 £120

-19.31%

1-bedroom Apartment, City Center (Monthly)

$1,497 €1,336

$2,853 £2,156

-47.52%

1-bedroom Apartment, Outside City Center (Monthly)

$1,055 €941

$2,301 £1,739

-54.16%

3-bedroom Apartment, City Center (Monthly)

$2,356 €2,103

$5,201 £3,931

-54.70%

3-bedroom Apartment, Outside City Center (Monthly)

$1,841 €1,643

$3,723 £2,813

-50.54%

Buy Apartment in City Center (m2)

$6,887 €6,146

$19.0K £14.4K

-63.77%

Buy Apartment Outside City Center (m2)

$3,721 €3,321

$7,881 £5,955

-52.78%

Average Monthly Net Salary (After Tax)

$2,018 €1,801

$4,818 £3,641

-58.11%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.07

4.65

-33.98%

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

Last update for Palma de Mallorca: October 4, 2026

Last update for London: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Palma de Mallorca

$1.1K 47.3%

London

$2.3K 56.5% 118% $1.2K

Monthly Utilities & Internet

Palma de Mallorca

$320 14.4%

London

$434 10.7% 35.6% $114

Eating Out

Palma de Mallorca

$280 12.6%

London

$397 9.7% 41.7% $117

Groceries & Markets

Palma de Mallorca

$271 12.2%

London

$349 8.6% 28.8% $78

Clothing & Footwear

Palma de Mallorca

$160 7.2%

London

$205 5% 28.6% $46

Sport & Entertainment

Palma de Mallorca

$82 3.7%

London

$97 2.4% 19.1% $16

Getting Around

Palma de Mallorca

$62 2.8%

London

$288 7.1% 364% $226

Cost Breakdown

A central one-bedroom costs $1,497 in Palma de Mallorca versus $2,853 in London. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 139% higher in London, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $66.0 in Palma de Mallorca versus $108 in London. Monthly groceries follow the same trend: $271 vs $349 – making Palma de Mallorca the more affordable choice for daily food spending.

Good to know

🇪🇸 Palma de Mallorca

🇬🇧 London

🕒 Local time

13:40 1:40 PM

12:40 12:40 PM

1 h behind Palma de Mallorca

🌤 Weather

👥 Population

423,350

8,908,083 Capital

💱 Currency

Euro EUR €

British Pound GBP £

📈 Exchange rate

1 EUR = 1.12 USD

1 GBP = 1.32 USD

1 GBP = 1.18 EUR

Exchange rates and currency converter

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Between locations

Palma de Mallorca London 1,340 km ≈ 2 h 15 min nonstop flight

From you

Palma de Mallorca
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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 London: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,239 in Palma de Mallorca, $4,086 in London – roughly 82% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $3,358 per month in Palma de Mallorca and $6,129 in London. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Palma de Mallorca, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 29% more in London, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $66.0 in Palma de Mallorca and $108 in London. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,500 monthly budget goes further in Palma de Mallorca, where all-in costs run around $2,239, than in London at $4,086. In Palma de Mallorca it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.

It depends on your priorities. London has an edge in some lifestyle areas, with costs from $2,239 in Palma de Mallorca to $4,086 in London. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Palma de Mallorca. If higher salaries, better infrastructure, or specific career opportunities are the priority, London makes more sense. Both are solid long-term options with distinct trade-offs.