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

Monthly Cost of Living

Monthly costs for one person with rent: $2,185 in Palma de Mallorca versus $1,859 in Valencia.

Estimated couple costs with rent: $3,219 in Palma de Mallorca versus $2,660 in Valencia.

Monthly costs for a family of three with rent: $4,252 in Palma de Mallorca versus $3,461 in Valencia.

Living in Palma de Mallorca is roughly 18% more expensive than Valencia, driven mainly by Eating Out.

Both cities are pricier than the global median: Palma de Mallorca 63% above, Valencia 39% above.

Meal at Budget Restaurant

$17.43 €14.99

$15.26 €13.12

14.22%

Three-Course Dinner for Two, Mid-Range

$62.7 €53.9

$56.9 €48.93

10.25%

Fast Food Meal (McDonalds, etc)

$14.03 €12.07

$12.82 €11.03

9.44%

Cappuccino

$3.35 €2.88

$2.56 €2.20

30.86%

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

$2.86 €2.46

$2.49 €2.15

14.86%

Water (0.33 liter bottle)

$2.80 €2.41

$2.01 €1.73

39.30%

Local Beer (0.5 liter draught)

$4.65 €4.00

$3.41 €2.93

36.36%

Imported Beer (0.33 liter bottle)

$4.49 €3.86

$3.39 €2.92

32.45%

Milk (1 liter)

$1.16 €1.00

$1.12 €0.97

3.57%

White Bread (500g)

$1.63 €1.40

$1.30 €1.12

25.38%

Rice (white) (1kg)

$1.76 €1.52

$1.73 €1.49

1.73%

Eggs

$3.34 €2.87

$2.94 €2.53

13.61%

Local Cheese (1kg)

$16.31 €14.03

$11.31 €9.72

44.21%

Chicken Fillets (1kg)

$9.41 €8.09

$8.38 €7.21

12.29%

Beef Round Steak (1kg)

$16.13 €13.88

$13.86 €11.92

16.38%

Apples (1kg)

$2.45 €2.10

$2.56 €2.20

-4.30%

Banana (1kg)

$1.91 €1.64

$1.77 €1.53

7.91%

Oranges (1kg)

$1.93 €1.66

$2.06 €1.77

-6.31%

Tomato (1kg)

$2.92 €2.51

$2.35 €2.02

24.26%

Potato (1kg)

$1.85 €1.59

$1.83 €1.58

1.09%

Onion (1kg)

$2.30 €1.98

$1.97 €1.70

16.75%

Lettuce (1 head)

$1.30 €1.12

$1.65 €1.42

-21.21%

Water (1.5 liter bottle)

$0.71 €0.61

Cigarettes 20 Pack (Marlboro, Camel)

$6.78 €5.83

$6.50 €5.59

4.31%

Wine (Bottle)

$5.77 €4.97

$5.84 €5.02

-1.20%

Local Beer (0.5 liter bottle)

$1.30 €1.12

$1.54 €1.33

-15.58%

Imported Beer (0.33 liter bottle)

$1.79 €1.54

$1.99 €1.71

-10.05%

One-way Ticket (Public Transport)

$2.30 €1.98

$1.70 €1.46

35.29%

Public Transport Monthly Pass (Regular Price)

$44.31 €38.11

$33.29 €28.63

33.10%

Taxi Start (Normal Tariff)

$5.05 €4.34

$3.57 €3.07

41.46%

Taxi (Normal Tariff) (1km)

$3.15 €2.71

$1.25 €1.07

152.00%

Taxi 1hour Waiting (Normal Tariff)

$25.06 €21.56

$24.91 €21.43

0.60%

Gasoline (1 liter)

$1.85 €1.59

$1.74 €1.50

6.32%

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

$38.7K €33.3K

$34.3K €29.5K

12.77%

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

$32.6K €28.0K

$33.1K €28.4K

-1.46%

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

$247 €212

$144 €124

71.44%

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

$21.92 €18.86

$13.62 €11.71

60.94%

Internet (50+ Mbps, Unlimited Data)

$42.42 €36.49

$29.97 €25.78

41.54%

Gym Membership (Monthly)

$58.9 €50.7

$41.51 €35.71

41.97%

Tennis Court (1 Hour on Weekend)

$22.18 €19.08

$13.13 €11.30

68.93%

Cinema Ticket

$9.51 €8.18

$9.95 €8.56

-4.42%

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

$600 €516

$592 €509

1.36%

International Primary School, 1 Child (Yearly)

$12.3K €10.6K

$11.8K €10.1K

4.60%

Jeans (Levis 501 Or Similar)

$96.2 €82.7

$103 €89.0

-6.98%

Summer Dress (H&M, Zara, etc)

$63.8 €54.9

$37.03 €31.86

72.27%

Sport Shoes (Adidas, Nike)

$96.9 €83.3

$101 €87.2

-4.43%

Men's Leather Business Shoes

$135 €116

$127 €109

6.86%

1-bedroom Apartment, City Center (Monthly)

$1,328 €1,142

$1,209 €1,040

9.84%

1-bedroom Apartment, Outside City Center (Monthly)

$1,016 €874

$922 €793

10.20%

3-bedroom Apartment, City Center (Monthly)

$2,085 €1,794

$2,004 €1,724

4.06%

3-bedroom Apartment, Outside City Center (Monthly)

$1,690 €1,454

$1,352 €1,163

24.98%

Buy Apartment in City Center (m2)

$7,092 €6,100

$5,831 €5,016

21.62%

Buy Apartment Outside City Center (m2)

$3,824 €3,289

$3,606 €3,101

6.06%

Average Monthly Net Salary (After Tax)

$2,063 €1,774

$1,964 €1,689

5.05%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.59

3.44

4.36%

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 Valencia: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,328 in Palma de Mallorca and $1,209 in Valencia. Housing cost is often the main lever when comparing two cities.

Palma de Mallorca pays 5% 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 $57.0 in Valencia for a mid-range dinner for two. Groceries echo the gap at $284 vs $252 per month, with Valencia cheaper across the board.

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 Valencia: Cost of Living - Frequently Asked Questions

Valencia is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Sport & Entertainment, Getting Around. The 18% gap adds up to real monthly savings that compound significantly over time.

Palma de Mallorca pays 5% 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 $1,209 in Valencia. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $600 in Palma de Mallorca versus $592 in Valencia. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 13% higher in Palma de Mallorca. For households that cook at home regularly, that difference adds up over a month.

At $1,859 in Valencia versus $2,185 in Palma de Mallorca, a $3,000 budget is realistic in Valencia but tight or insufficient in Palma de Mallorca. The gap between the two cities makes Valencia the clear choice for anyone on this budget.

For families, Valencia is more practical. Housing and childcare are both notably cheaper than in Palma de Mallorca, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Palma de Mallorca and Valencia 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 Valencia gentler on the wallet – expenses run 18% less than in Palma de Mallorca. Beyond cost, consider language, visa policies, and how big the international community is in each city.