Cost of Living Comparison Between Palma de Mallorca and Madrid Cost of Living Comparison Between Palma de Mallorca and Madrid

😐 Solo nomad: Palma de Mallorca is 1.3% more expensive than Madrid without rent, and 0.9% cheaper with rent.

🙂 Family of 3: Palma de Mallorca is 0.5% cheaper than Madrid without rent, and 2.3% cheaper with rent.

Meal at Budget Restaurant

$17.46 €15.08

$17.03 €14.7

2.52%

Three-Course Dinner for Two, Mid-Range

$64.1 €55.4

$70.3 €60.7

-8.81%

Fast Food Meal (McDonalds, etc)

$13.73 €11.85

$11.77 €10.16

16.65%

Cappuccino

$3.43 €2.96

$3.21 €2.77

6.85%

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

$3.02 €2.6

$3.18 €2.75

-5.03%

Water (0.33 liter bottle)

$2.89 €2.5

$2.1 €1.82

37.62%

Local Beer (0.5 liter draught)

$4.74 €4.09

$4.13 €3.56

14.77%

Imported Beer (0.33 liter bottle)

$4.54 €3.92

$4.49 €3.88

1.11%

Milk (1 liter)

$1.21 €1.04

$1.23 €1.07

-1.63%

White Bread (500g)

$1.67 €1.44

$1.63 €1.41

2.45%

Rice (white) (1kg)

$1.72 €1.48

$1.64 €1.41

4.88%

Eggs

$3.31 €2.86

$3.34 €2.89

-0.90%

Local Cheese (1kg)

$16.02 €13.83

$14.88 €12.84

7.66%

Chicken Fillets (1kg)

$9.25 €7.98

$9.04 €7.81

2.32%

Beef Round Steak (1kg)

$15.76 €13.61

$16.8 €14.5

-6.19%

Apples (1kg)

$2.44 €2.1

$2.73 €2.35

-10.62%

Banana (1kg)

$2 €1.73

$2.15 €1.86

-6.98%

Oranges (1kg)

$1.82 €1.58

$2.5 €2.16

-27.20%

Tomato (1kg)

$2.9 €2.51

$2.67 €2.31

8.61%

Potato (1kg)

$1.83 €1.58

$2.14 €1.85

-14.49%

Onion (1kg)

$2.29 €1.98

$2.16 €1.87

6.02%

Lettuce (1 head)

$1.34 €1.16

$1.35 €1.17

-0.74%

Water (1.5 liter bottle)

$0.69 €0.6

$0.93 €0.81

-25.81%

Cigarettes 20 Pack (Marlboro, Camel)

$6.82 €5.89

$7.12 €6.15

-4.21%

Wine (Bottle)

$6.21 €5.36

$7.96 €6.87

-21.98%

Local Beer (0.5 liter bottle)

$1.3 €1.12

$1.39 €1.2

-6.47%

Imported Beer (0.33 liter bottle)

$1.72 €1.49

$2.27 €1.96

-24.23%

One-way Ticket (Public Transport)

$2.24 €1.94

$1.71 €1.47

30.99%

Public Transport Monthly Pass (Regular Price)

$44.7 €38.59

$48.37 €41.77

-7.59%

Taxi Start (Normal Tariff)

$5.29 €4.57

$4.15 €3.59

27.47%

Taxi (Normal Tariff) (1km)

$3.14 €2.71

$1.34 €1.15

134.33%

Taxi 1hour Waiting (Normal Tariff)

$24.53 €21.18

$28.54 €24.64

-14.05%

Gasoline (1 liter)

$1.78 €1.53

$1.86 €1.6

-4.30%

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

$39.2K €33.8K

$37.9K €32.7K

3.40%

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

$32.1K €27.7K

$34.2K €29.5K

-6.20%

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

$243 €210

$191 €165

27.11%

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

$21.58 €18.63

$21.25 €18.35

1.55%

Internet (50+ Mbps, Unlimited Data)

$41.76 €36.06

$35.96 €31.05

16.13%

Gym Membership (Monthly)

$59.8 €51.7

$54 €46.59

10.88%

Tennis Court (1 Hour on Weekend)

$21.66 €18.7

$17.96 €15.51

20.60%

Cinema Ticket

$9.4 €8.12

$11.51 €9.94

-18.33%

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

$615 €531

$674 €582

-8.76%

International Primary School, 1 Child (Yearly)

$12.2K €10.5K

$11.8K €10.2K

3.15%

Jeans (Levis 501 Or Similar)

$97.4 €84.1

$95.7 €82.6

1.71%

Summer Dress (H&M, Zara, etc)

$65.8 €56.8

$41.6 €35.92

58.15%

Sport Shoes (Adidas, Nike)

$93.8 €81

$105 €91.1

-11.04%

Men's Leather Business Shoes

$135 €116

$132 €114

2.13%

1-bedroom Apartment, City Center (Monthly)

$1,302 €1,124

$1,561 €1,348

-16.59%

1-bedroom Apartment, Outside City Center (Monthly)

$1,024 €884

$1,109 €958

-7.69%

3-bedroom Apartment, City Center (Monthly)

$2,020 €1,744

$2,840 €2,452

-28.86%

3-bedroom Apartment, Outside City Center (Monthly)

$1,673 €1,444

$1,884 €1,626

-11.20%

Buy Apartment in City Center (m2)

$6,001 €5,181

$8,381 €7,236

-28.40%

Buy Apartment Outside City Center (m2)

$4,369 €3,772

$4,938 €4,263

-11.52%

Average Monthly Net Salary (After Tax)

$1,855 €1,601

$2,579 €2,227

-28.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.59

3.43

4.66%

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

Last update for Palma de Mallorca: October 29, 2025

Last update for Madrid: October 29, 2025

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