Cost of Living Comparison Between Palma de Mallorca and Mexico City Cost of Living Comparison Between Palma de Mallorca and Mexico City

Monthly Cost of Living

Monthly costs for one person with rent: $2,185 in Palma de Mallorca versus $1,467 in Mexico City.

Estimated couple costs with rent: $3,219 in Palma de Mallorca versus $2,371 in Mexico City.

Monthly costs for a family of three with rent: $4,252 in Palma de Mallorca versus $3,274 in Mexico City.

Living in Palma de Mallorca is roughly 49% more expensive than Mexico City, driven mainly by Eating Out.

Both cities are pricier than the global median: Palma de Mallorca 63% above, Mexico City 10% above.

Meal at Budget Restaurant

$17.43 €14.99

$13.18 MX$228

32.25%

Three-Course Dinner for Two, Mid-Range

$62.7 €53.9

$53.9 MX$932

16.35%

Fast Food Meal (McDonalds, etc)

$14.03 €12.07

$9.42 MX$163

48.94%

Cappuccino

$3.35 €2.88

$3.55 MX$61.4

-5.63%

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

$2.86 €2.46

$1.62 MX$27.98

76.54%

Water (0.33 liter bottle)

$2.80 €2.41

$1.11 MX$19.27

152.25%

Local Beer (0.5 liter draught)

$4.65 €4.00

$3.12 MX$54.0

49.04%

Imported Beer (0.33 liter bottle)

$4.49 €3.86

$4.63 MX$80.1

-3.02%

Milk (1 liter)

$1.16 €1.00

$1.70 MX$29.43

-31.76%

White Bread (500g)

$1.63 €1.40

$2.72 MX$47.02

-40.07%

Rice (white) (1kg)

$1.76 €1.52

$1.91 MX$33.07

-7.85%

Eggs

$3.34 €2.87

$2.54 MX$43.86

31.50%

Local Cheese (1kg)

$16.31 €14.03

$10.03 MX$174

62.61%

Chicken Fillets (1kg)

$9.41 €8.09

$8.09 MX$140

16.32%

Beef Round Steak (1kg)

$16.13 €13.88

$11.62 MX$201

38.81%

Apples (1kg)

$2.45 €2.10

$2.97 MX$51.3

-17.51%

Banana (1kg)

$1.91 €1.64

$1.81 MX$31.24

5.52%

Oranges (1kg)

$1.93 €1.66

$2.01 MX$34.82

-3.98%

Tomato (1kg)

$2.92 €2.51

$2.03 MX$35.20

43.84%

Potato (1kg)

$1.85 €1.59

$2.12 MX$36.75

-12.74%

Onion (1kg)

$2.30 €1.98

$2.27 MX$39.25

1.32%

Lettuce (1 head)

$1.30 €1.12

$1.40 MX$24.22

-7.14%

Water (1.5 liter bottle)

$0.71 €0.61

$1.13 MX$19.55

-37.17%

Cigarettes 20 Pack (Marlboro, Camel)

$6.78 €5.83

$4.27 MX$73.9

58.78%

Wine (Bottle)

$5.77 €4.97

$15.56 MX$269

-62.92%

Local Beer (0.5 liter bottle)

$1.30 €1.12

$1.76 MX$30.39

-26.14%

Imported Beer (0.33 liter bottle)

$1.79 €1.54

$3.60 MX$62.2

-50.28%

One-way Ticket (Public Transport)

$2.30 €1.98

$0.38 MX$6.62

505.26%

Public Transport Monthly Pass (Regular Price)

$44.31 €38.11

$19.18 MX$332

131.02%

Taxi Start (Normal Tariff)

$5.05 €4.34

$1.38 MX$23.79

265.94%

Taxi (Normal Tariff) (1km)

$3.15 €2.71

$0.28 MX$4.78

1025.00%

Taxi 1hour Waiting (Normal Tariff)

$25.06 €21.56

$5.45 MX$94.2

359.82%

Gasoline (1 liter)

$1.85 €1.59

$1.30 MX$22.55

42.31%

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

$38.7K €33.3K

$18.7K MX$323.2K

107.09%

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

$32.6K €28.0K

$23.1K MX$400.1K

40.82%

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

$247 €212

$40.86 MX$707

503.33%

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

$21.92 €18.86

$26.81 MX$464

-18.24%

Internet (50+ Mbps, Unlimited Data)

$42.42 €36.49

$29.96 MX$518

41.59%

Gym Membership (Monthly)

$58.9 €50.7

$52.0 MX$900

13.28%

Tennis Court (1 Hour on Weekend)

$22.18 €19.08

$26.84 MX$464

-17.36%

Cinema Ticket

$9.51 €8.18

$6.30 MX$109

50.95%

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

$600 €516

$436 MX$7,544

37.64%

International Primary School, 1 Child (Yearly)

$12.3K €10.6K

$10.4K MX$180.2K

18.09%

Jeans (Levis 501 Or Similar)

$96.2 €82.7

$56.7 MX$980

69.78%

Summer Dress (H&M, Zara, etc)

$63.8 €54.9

$44.38 MX$768

43.74%

Sport Shoes (Adidas, Nike)

$96.9 €83.3

$103 MX$1,780

-5.88%

Men's Leather Business Shoes

$135 €116

$106 MX$1,825

28.21%

1-bedroom Apartment, City Center (Monthly)

$1,328 €1,142

$1,022 MX$17.7K

29.91%

1-bedroom Apartment, Outside City Center (Monthly)

$1,016 €874

$631 MX$10.9K

61.06%

3-bedroom Apartment, City Center (Monthly)

$2,085 €1,794

$2,136 MX$36.9K

-2.38%

3-bedroom Apartment, Outside City Center (Monthly)

$1,690 €1,454

$1,243 MX$21.5K

35.96%

Buy Apartment in City Center (m2)

$7,092 €6,100

$3,903 MX$67.5K

81.71%

Buy Apartment Outside City Center (m2)

$3,824 €3,289

$2,064 MX$35.7K

85.24%

Average Monthly Net Salary (After Tax)

$2,063 €1,774

$1,115 MX$19.3K

85.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.59

11.34

-68.34%

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

Last update for Palma de Mallorca: June 1, 2026

Last update for Mexico City: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,328 in Palma de Mallorca and $1,022 in Mexico City. Housing cost is often the main lever when comparing two cities.

Palma de Mallorca pays 85% 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: $63.0 in Palma de Mallorca vs $54.0 in Mexico City. Groceries flip the comparison at $284 vs $288, with Palma de Mallorca cheaper for home cooking.

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 49% in total monthly costs ($2,185 vs $1,467 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Palma de Mallorca pays 85% more on average, 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: $1,328 in Palma de Mallorca versus $1,022 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 131% less than in Palma de Mallorca. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $600 in Palma de Mallorca versus $436 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,467 in Mexico City versus $2,185 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 49% less than in Palma de Mallorca. Beyond cost, consider language, visa policies, and how big the international community is in each city.