Last update: Oct 2026 Spain 423.4K

Cost of Living in Palma de Mallorca

For one person, living costs in Palma de Mallorca are estimated at $2,216 a month, including rent and utilities – 26% above the national average. Rent and utilities take more than half of the total.

Monthly Cost of Living

How much you'll spend in Palma de Mallorca

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

Living costs for one person come to about $2,216 monthly including rent, or $918 excluding housing.

$2,216 /mo

Estimated monthly costs for a couple: $3,278 with rent, or $1,611 without housing.

$3,278 /mo

Monthly costs for a family of three come to about $4,341 including rent, or $2,304 for daily expenses alone.

$4,341 /mo

Palma de Mallorca sits 54–64% above the global median across household types. Within Europe, costs are 26% above average – pricier than most cities in the region.

Currency
Do you live in Palma de Mallorca? Add cost details
🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$18.70 €16.63
$13.60 €12.10
$33.99 €30.23
Three-Course Dinner for Two, Mid-Range
$66.8 €59.4
$55.7 €49.52
$285 €253
Fast Food Meal (McDonalds, etc)
$13.49 €12.00
$10.12 €9.00
$14.61 €13.00
Cappuccino
$3.16 €2.81
$1.43 €1.27
$3.85 €3.43
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.59 €2.31
$1.65 €1.47
$3.31 €2.94
Water (0.33 liter bottle)
$2.64 €2.34
$2.19 €1.95
$5.61 €4.99
Local Beer (0.5 liter draught)
$4.58 €4.07
$3.44 €3.06
$5.15 €4.58
Imported Beer (0.33 liter bottle)
$3.86 €3.43
$2.75 €2.45
$6.60 €5.87
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.36 €1.21
$1.09 €0.97
$1.91 €1.70
White Bread (500g)
$1.13 €1.00
$0.53 €0.47
$2.06 €1.83
Rice (white) (1kg)
$1.61 €1.43
$1.35 €1.20
$2.47 €2.19
Eggs
$3.42 €3.04
$2.67 €2.37
$4.44 €3.95
Local Cheese (1kg)
$14.75 €13.11
$6.80 €6.05
$22.70 €20.19
Chicken Fillets (1kg)
$8.66 €7.71
$6.07 €5.40
$11.03 €9.81
Beef Round Steak (1kg)
$16.05 €14.28
$7.89 €7.01
$16.90 €15.03
Apples (1kg)
$2.52 €2.24
$1.47 €1.31
$3.39 €3.02
Banana (1kg)
$2.02 €1.80
$1.53 €1.36
$5.66 €5.03
Oranges (1kg)
$1.67 €1.49
$1.09 €0.97
$2.17 €1.93
Tomato (1kg)
$2.81 €2.50
$2.02 €1.80
$4.83 €4.30
Potato (1kg)
$1.91 €1.69
$0.87 €0.77
$2.18 €1.94
Onion (1kg)
$2.15 €1.92
$1.54 €1.37
$3.31 €2.94
Lettuce (1 head)
$1.29 €1.15
$0.39 €0.35
$1.81 €1.61
Water (1.5 liter bottle)
$0.69 €0.61
$0.37 €0.33
$2.28 €2.03
Cigarettes 20 Pack (Marlboro, Camel)
$6.75 €6.00
$6.11 €5.44
$7.78 €6.92
Wine (Bottle)
$5.66 €5.04
$3.40 €3.02
$19.25 €17.12
Local Beer (0.5 liter bottle)
$1.37 €1.22
$0.69 €0.61
$2.29 €2.03
Imported Beer (0.33 liter bottle)
$1.95 €1.73
$1.14 €1.01
$2.26 €2.01
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$2.20 €1.95
$2.20 €1.95
$2.20 €1.95
Public Transport Monthly Pass (Regular Price)
$41.00 €36.46
$38.78 €34.49
$44.32 €39.42
Taxi Start (Normal Tariff)
$5.02 €4.46
$4.56 €4.06
$5.71 €5.07
Taxi (Normal Tariff) (1km)
$1.31 €1.16
$1.04 €0.92
$3.27 €2.91
Taxi 1hour Waiting (Normal Tariff)
$24.14 €21.47
$11.28 €10.03
$31.58 €28.09
Gasoline (1 liter)
$1.80 €1.60
$1.63 €1.45
$2.15 €1.91
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.9K €31.1K
$34.9K €31.1K
$34.9K €31.1K
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$31.0K €27.6K
$29.0K €25.8K
$33.5K €29.8K
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$250 €222
$155 €138
$337 €300
SIM Card Monthly Plan (Calls and 10GB+ Data)
$23.67 €21.05
$11.36 €10.10
$45.44 €40.41
Internet (50+ Mbps, Unlimited Data)
$42.21 €37.54
$27.76 €24.69
$77.7 €69.1
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$61.1 €54.4
$40.59 €36.10
$76.8 €68.3
Tennis Court (1 Hour on Weekend)
$27.31 €24.29
$20.06 €17.84
$27.31 €24.29
Cinema Ticket
$9.56 €8.50
$9.01 €8.01
$13.50 €12.01
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$604 €537
$328 €292
$1,072 €954
International Primary School, 1 Child (Yearly)
$10.3K €9,179
$7,781 €6,921
$14.9K €13.3K
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$72.1 €64.1
$33.71 €29.98
$112 €100.0
Summer Dress (H&M, Zara, etc)
$54.1 €48.11
$19.93 €17.73
$83.1 €73.9
Sport Shoes (Adidas, Nike)
$97.3 €86.6
$77.3 €68.7
$132 €118
Men's Leather Business Shoes
$131 €117
$56.6 €50.4
$170 €151
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$1,494 €1,328
$1,231 €1,095
$1,678 €1,493
1-bedroom Apartment, Outside City Center (Monthly)
$1,048 €932
$895 €796
$1,316 €1,171
3-bedroom Apartment, City Center (Monthly)
$2,340 €2,082
$2,036 €1,811
$2,828 €2,515
3-bedroom Apartment, Outside City Center (Monthly)
$1,787 €1,589
$1,548 €1,377
$2,211 €1,967
Buy Apartment in City Center (m2)
$6,823 €6,068
$5,556 €4,942
$7,245 €6,444
Buy Apartment Outside City Center (m2)
$3,787 €3,368
$3,392 €3,017
$5,598 €4,979
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$2,046 €1,820
-
20-Year Fixed Mortgage Interest Rate (Annual %)
3.07
2.7
3.7

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

Last update: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Palma de Mallorca $2,216
Accommodation & Living
$1K
Monthly Utilities & Internet
$316
Eating Out
$280
Groceries & Markets
$272
Clothing & Footwear
$160
Sport & Entertainment
$80
Getting Around
$61

Cost Breakdown

Expect to pay about $1,494 for a central one-bedroom, or $1,048 outside the center. At 73% of the average salary ($2,046), housing is the biggest financial pressure.

Average take-home pay sits at $2,046, while typical expenses reach $2,216. The gap means tight budgeting for locals, though expats with foreign income can live comfortably.

Expect to spend about $272 monthly on groceries. Dining out at a mid-range restaurant costs roughly $67.0 for two – broadly in line with the European average.

Public transport is priced at around $41.00 per month – roughly in line with the European average of $49.00.

Cost Highlights

1-bedroom apartment, city center is more expensive than 91% of cities in Europe

Palma de Mallorca is more expensive than 73% of cities worldwide and 79% within Europe.

Good to know
🕒 Local time
14:34 2:34 PM
🌤 Weather
👥 Population
423,350
💱 Currency
Euro EUR €
📈 Exchange rate
Exchange rates and currency converter

USD to EUR – Euro Converter

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

On the map
From you
  • Palma de Mallorca

Distances are measured in a straight line. Your location is detected approximately.

Palma de Mallorca Median Internet Speeds (Updated April 2026)

Mobile

Download
Mbps
Upload
Mbps
Latency
ms

Fixed Broadband

Download
Mbps
Upload
Mbps
Latency
ms
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
City tags:
Cost of Living in Palma de Mallorca - Frequently Asked Questions
How does Palma de Mallorca stack up in terms of affordability for travelers, expats, and digital nomads?
Cost of Living in Palma de Mallorca, Spain sits mid-range within the region, offering a balanced mix for different budgets. You’ll find affordable market meals and casual eateries, but certain tourist-heavy areas push prices higher during peak season. Housing options vary: compact apartments close to the old town or Santa Catalina can be pricier, while longer commutes or outskirts bring more breathing room. Utilities and connectivity are reliable, and coworking spaces support remote work without breaking the bank. For value seekers, timing stays with shoulder seasons and longer lets that unlock steadier rates. Tip: consider neighborhoods a short ride from the sea for the best mix of value and vibe.
What does daily life look like for housing search, food, transport, and coworking in Palma de Mallorca?
Housing search centers on choosing between the historic core, such as the old town and Santa Catalina, where charm comes with a higher price tag, and the calmer outskirts where space is easier to find. Food options range from budget markets and bakeries to seaside restaurants; cooking at home with local produce helps stretch the budget. Transport works well for a nomad: walkable streets, frequent buses, and good bike lanes; a car is rarely necessary. Co-working spaces are plentiful and flexible, great for short stays or longer projects. Palma de Mallorca, Spain living cost varies by season, so test several neighborhoods during shoulder months. Tip: start with a short-term stay to compare prices and vibes.
How can you optimize quality of life, budgeting, and neighborhood fit while visiting Palma de Mallorca?
Quality of life here comes from choosing a neighborhood that fits your routine, whether you want the marina breeze of Portixol, the foodie buzz of Santa Catalina, or the historic charm of the old town. Expect seasonality to shift crowds and service costs, so time major activities accordingly. A simple budgeting framework helps: divide expenses into housing, groceries, transport, and leisure; set flexible caps and adjust with the seasons. Embrace local markets for fresh produce, walk or bike when possible, and use coworking spaces for community and efficiency. Tip: test multiple areas on short stays to find the best fit for your pace and budget.
Does Palma de Mallorca offer good value for money?
At around $2,216 monthly all-in, Palma de Mallorca offers decent value. It's not the cheapest and not the priciest – a good fit for people who want city convenience without capital-level costs.
How expensive is daily life in Palma de Mallorca?
Everyday life in Palma de Mallorca is moderately priced at about $2,216 per month, rent included. Groceries and transport stay reasonable, though dining out and entertainment can feel a bit pricier than in budget destinations.
Is the average income in Palma de Mallorca enough to cover living costs and save?
At $2,046 take-home, most residents in Palma de Mallorca can cover the $2,216 monthly cost of living. Those earning $3,324 or more have room to save; below-average earners will find things noticeably tighter.
How much should I budget for housing in Palma de Mallorca?
Where you live in Palma de Mallorca makes all the difference. Central one-bedrooms cost about $1,494; commute-friendly outer districts come in around $1,048. Overall, the market runs from $1,048 to $1,494 depending on size, location, and apartment condition.
What does commuting cost in Palma de Mallorca?
A monthly transit pass in Palma de Mallorca goes for roughly $41.00, which is one of the lighter items on a monthly budget. Coverage across residential and business areas is solid, and most residents without a car rely on it daily.
What are kindergarten prices in Palma de Mallorca?
Childcare averages $604 monthly at a private kindergarten in Palma de Mallorca. For many families, this single cost rivals rent, so it's essential to factor in before making a move.
Is $2,500 a month enough for Palma de Mallorca?
Living on $2,500 in Palma de Mallorca means careful planning, since monthly costs average $2,216. It works with a cheap apartment and disciplined spending, but expect trade-offs on where you live, how often you eat out, and entertainment.
Is Palma de Mallorca a good city to live in long-term?
Palma de Mallorca offers genuinely appealing day-to-day living. Residents value fast internet, low crime rates, vibrant nightlife, and at around $2,216 per month, it's accessible to a broad range of incomes. Most people find the cost-to-quality balance sustainable long-term.

Palma de Mallorca vs other spots: cost of living compared

Nearby cities

Similar cities

Show times on the 12-hour clock, temperatures in °F and distances in miles?