Last update: Oct 2026

Cost of Living Comparison Between Palma de Mallorca and Mexico City

For one person, living is cheaper in Mexico City: $1,567 a month against $2,216 in Palma de Mallorca, rent and utilities included – about $7,800 less a year. Rent and utilities account for most of the difference.

108

Cost of Living Index in Palma de Mallorca
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Palma de Mallorca Living Index
76

Cost of Living Index in Mexico City
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Mexico City Living Index

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Palma de Mallorca

🇪🇸 Spain

$2,216

/mo nomad

Mexico City

🇲🇽 Mexico

$1,567

/mo nomad

Monthly Cost of Living

How much you'll spend in Palma de Mallorca and in Mexico City

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

Monthly costs for one person with rent: $2,216 in Palma de Mallorca versus $1,567 in Mexico City.

Palma de Mallorca $2,216
Mexico City $1,567

Estimated couple costs with rent: $3,278 in Palma de Mallorca versus $2,450 in Mexico City.

Palma de Mallorca $3,278
Mexico City $2,450

Monthly costs for a family of three with rent: $4,341 in Palma de Mallorca versus $3,333 in Mexico City.

Palma de Mallorca $4,341
Mexico City $3,333

Living in Palma de Mallorca is roughly 41% more expensive than in Mexico City, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Palma de Mallorca 64% above, Mexico City 16% above.

Meal at Budget Restaurant

$18.70 €16.63

$10.75 MX$199

73.95%

Three-Course Dinner for Two, Mid-Range

$66.8 €59.4

$50.3 MX$929

32.98%

Fast Food Meal (McDonalds, etc)

$13.49 €12.00

$11.10 MX$205

21.53%

Cappuccino

$3.16 €2.81

$3.68 MX$68.1

-14.13%

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

$2.59 €2.31

$1.65 MX$30.42

56.97%

Water (0.33 liter bottle)

$2.64 €2.34

$1.30 MX$24.08

103.08%

Local Beer (0.5 liter draught)

$4.58 €4.07

$3.32 MX$61.3

37.95%

Imported Beer (0.33 liter bottle)

$3.86 €3.43

$5.54 MX$102

-30.32%

Milk (1 liter)

$1.36 €1.21

$1.77 MX$32.68

-23.16%

White Bread (500g)

$1.13 €1.00

$3.05 MX$56.4

-62.95%

Rice (white) (1kg)

$1.61 €1.43

$2.01 MX$37.20

-19.90%

Eggs

$3.42 €3.04

$2.77 MX$51.1

23.47%

Local Cheese (1kg)

$14.75 €13.12

$11.91 MX$220

23.85%

Chicken Fillets (1kg)

$8.66 €7.71

$9.33 MX$172

-7.18%

Beef Round Steak (1kg)

$16.05 €14.28

$15.02 MX$278

6.86%

Apples (1kg)

$2.52 €2.24

$3.08 MX$56.8

-18.18%

Banana (1kg)

$2.02 €1.80

$1.95 MX$35.97

3.59%

Oranges (1kg)

$1.67 €1.49

$2.03 MX$37.54

-17.73%

Tomato (1kg)

$2.81 €2.50

$2.21 MX$40.92

27.15%

Potato (1kg)

$1.91 €1.69

$2.02 MX$37.41

-5.45%

Onion (1kg)

$2.15 €1.92

$1.82 MX$33.67

18.13%

Lettuce (1 head)

$1.29 €1.15

$1.52 MX$28.07

-15.13%

Water (1.5 liter bottle)

$0.69 €0.61

$1.28 MX$23.65

-46.09%

Cigarettes 20 Pack (Marlboro, Camel)

$6.75 €6.00

$5.27 MX$97.4

28.08%

Wine (Bottle)

$5.66 €5.04

$16.12 MX$298

-64.89%

Local Beer (0.5 liter bottle)

$1.37 €1.22

$1.95 MX$36.05

-29.74%

Imported Beer (0.33 liter bottle)

$1.95 €1.73

$4.25 MX$78.6

-54.12%

One-way Ticket (Public Transport)

$2.20 €1.95

$0.31 MX$5.82

609.68%

Public Transport Monthly Pass (Regular Price)

$41.00 €36.47

$19.85 MX$367

106.55%

Taxi Start (Normal Tariff)

$5.02 €4.47

$2.00 MX$36.93

151.00%

Taxi (Normal Tariff) (1km)

$1.31 €1.16

$0.53 MX$9.86

147.17%

Taxi 1hour Waiting (Normal Tariff)

$24.14 €21.47

$5.62 MX$104

329.54%

Gasoline (1 liter)

$1.80 €1.60

$1.52 MX$28.07

18.42%

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

$34.9K €31.1K

$21.0K MX$388.7K

66.13%

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

$31.0K €27.6K

$25.2K MX$465.3K

23.11%

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

$250 €222

$62.5 MX$1,155

299.50%

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

$23.67 €21.05

$28.77 MX$532

-17.73%

Internet (50+ Mbps, Unlimited Data)

$42.21 €37.54

$34.45 MX$637

22.53%

Gym Membership (Monthly)

$61.1 €54.4

$57.1 MX$1,055

7.04%

Tennis Court (1 Hour on Weekend)

$27.31 €24.30

$24.81 MX$458

10.08%

Cinema Ticket

$9.56 €8.50

$6.67 MX$123

43.33%

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

$604 €537

$431 MX$7,964

40.07%

International Primary School, 1 Child (Yearly)

$10.3K €9,180

$11.7K MX$216.9K

-12.09%

Jeans (Levis 501 Or Similar)

$72.1 €64.1

$70.8 MX$1,308

1.85%

Summer Dress (H&M, Zara, etc)

$54.1 €48.11

$51.8 MX$958

4.36%

Sport Shoes (Adidas, Nike)

$97.3 €86.6

$109 MX$2,011

-10.58%

Men's Leather Business Shoes

$131 €117

$112 MX$2,076

16.96%

1-bedroom Apartment, City Center (Monthly)

$1,494 €1,329

$1,051 MX$19.4K

42.09%

1-bedroom Apartment, Outside City Center (Monthly)

$1,048 €932

$665 MX$12.3K

57.55%

3-bedroom Apartment, City Center (Monthly)

$2,340 €2,082

$2,346 MX$43.3K

-0.23%

3-bedroom Apartment, Outside City Center (Monthly)

$1,787 €1,590

$1,227 MX$22.7K

45.70%

Buy Apartment in City Center (m2)

$6,823 €6,069

$3,554 MX$65.7K

92.01%

Buy Apartment Outside City Center (m2)

$3,787 €3,368

$1,977 MX$36.5K

91.55%

Average Monthly Net Salary (After Tax)

$2,046 €1,820

$975 MX$18.0K

109.93%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.07

11.3

-72.83%

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 Mexico City: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Palma de Mallorca

$1K 47.3%

Mexico City

$665 42.4% 36.5% $383

Monthly Utilities & Internet

Palma de Mallorca

$316 14.2%

Mexico City

$126 8% 60.2% $190

Eating Out

Palma de Mallorca

$280 12.6%

Mexico City

$203 13% 27.4% $77

Groceries & Markets

Palma de Mallorca

$272 12.3%

Mexico City

$323 20.6% 18.8% $51

Clothing & Footwear

Palma de Mallorca

$160 7.2%

Mexico City

$155 9.9% 3.1% $5

Sport & Entertainment

Palma de Mallorca

$80 3.6%

Mexico City

$70 4.5% 12.2% $9.8

Getting Around

Palma de Mallorca

$61 2.8%

Mexico City

$26 1.6% 58% $36

Cost Breakdown

A one-bedroom apartment in the center runs $1,494 in Palma de Mallorca and $1,051 in Mexico City. Housing cost is often the main lever when comparing two cities.

Palma de Mallorca pays 110% 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: $67.0 in Palma de Mallorca vs $50.0 in Mexico City. Groceries flip the comparison at $272 vs $323, with Palma de Mallorca cheaper for home cooking.

Good to know

🇪🇸 Palma de Mallorca

🇲🇽 Mexico City

🕒 Local time

17:04 5:04 PM

09:04 9:04 AM

8 h behind Palma de Mallorca

🌤 Weather

👥 Population

423,350

9,209,944 Capital

💱 Currency

Euro EUR €

Mexican Peso MXN $

📈 Exchange rate

1 EUR = 1.12 USD

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

Exchange rates and currency converter

MXN, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 17, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Mexican Peso exchange rates as of October 17, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.78 MXN (100 MXN = 4.81 EUR).

USD to EUR in detail →

On the map

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Between locations

Palma de Mallorca Mexico City 9,610 km ≈ 13 h nonstop flight

From you

Palma de Mallorca
Mexico City

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 Mexico City: Cost of Living - Frequently Asked Questions

Palma de Mallorca and Mexico City differ by about 41% in total monthly costs ($2,216 vs $1,567 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 110% 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 $1,051 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 107% less than in Palma de Mallorca. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $604 in Palma de Mallorca versus $431 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,567 in Mexico City versus $2,216 in Palma de Mallorca, a $2,000 budget is realistic in Mexico City but tight or insufficient in Palma de Mallorca. The gap between the two cities makes Mexico City 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 Mexico City are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Mexico City gentler on the wallet – expenses run 41% less than in Palma de Mallorca. Beyond cost, consider language, visa policies, and how big the international community is in each city.