Cost of Living in Palma de Mallorca

Summary of cost of living in Palma de Mallorca, Spain:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 14.75 $ 12.64-21.07
Meal for 2 People, Mid-range Restaurant, Three-course 52.68 $ 42.15-68.49
McMeal at McDonalds (or Equivalent Combo Meal) 12.64 $ 10.54-12.64
Domestic Beer (1 pint draught) 4.21 $ 2.53-5.27
Imported Beer (12 oz small bottle) 4.21 $ 2.63-5.27
Cappuccino (regular) 3.12 $ 2.11-3.69
Coke/Pepsi (12 oz small bottle) 2.80 $ 2.11-3.16
Water (12 oz small bottle) 2.47 $ 1.90-3.16
Markets
Edit
Milk (regular), (1 gallon) 3.97 $ 3.59-5.19
Loaf of Fresh White Bread (1 lb) 1.28 $ 0.72-2.49
Rice (white), (1 lb) 0.67 $ 0.38-1.05
Eggs (regular) (12) 2.92 $ 1.26-4.21
Local Cheese (1 lb) 6.29 $ 3.39-7.65
Chicken Fillets (1 lb) 3.86 $ 2.63-4.30
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.36 $ 4.78-7.89
Apples (1 lb) 0.85 $ 0.62-0.98
Banana (1 lb) 0.89 $ 0.69-1.19
Oranges (1 lb) 0.71 $ 0.48-0.86
Tomato (1 lb) 1.15 $ 0.86-1.43
Potato (1 lb) 0.64 $ 0.38-0.91
Onion (1 lb) 0.85 $ 0.48-1.43
Lettuce (1 head) 1.18 $ 0.90-2.11
Water (1.5 liter bottle) 0.60 $ 0.42-0.74
Bottle of Wine (Mid-Range) 8.43 $ 5.27-10.54
Domestic Beer (0.5 liter bottle) 1.06 $ 0.74-2.11
Imported Beer (12 oz small bottle) 1.68 $ 1.05-2.11
Cigarettes 20 Pack (Marlboro) 6.06 $ 5.80-7.90
Transportation
Edit
One-way Ticket (Local Transport) 2.11 $ 0.00-2.11
Monthly Pass (Regular Price) 40.04 $ 0.00-94.83
Taxi Start (Normal Tariff) 4.58 $ 4.21-5.27
Taxi 1 mile (Normal Tariff) 5.09 $ 2.37-5.09
Taxi 1hour Waiting (Normal Tariff) 21.81 $ 10.54-42.15
Gasoline (1 gallon) 6.55 $ 6.10-7.18
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,155.51 $ 30,556.26-35,155.51
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,497.69 $ 24,234.28-27,395.27
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 220.82 $ 145.54-263.42
Mobile Phone Monthly Plan with Calls and 10GB+ Data 21.07 $ 12.64-21.07
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.00 $ 31.61-73.76
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 52.92 $ 37.93-73.76
Tennis Court Rent (1 Hour on Weekend) 19.23 $ 18.97-20.02
Cinema, International Release, 1 Seat 8.96 $ 7.90-9.48
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 649.76 $ 421.47-878.05
International Primary School, Yearly for 1 Child 11,326.89 $ 7,375.65-13,170.80
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 87.45 $ 52.68-94.83
1 Summer Dress in a Chain Store (Zara, H&M, ...) 55.84 $ 36.88-73.76
1 Pair of Nike Running Shoes (Mid-Range) 82.19 $ 73.76-94.83
1 Pair of Men Leather Business Shoes 99.22 $ 62.17-158.05
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,142.82 $ 948.30-1,475.13
Apartment (1 bedroom) Outside of Centre 919.93 $ 790.25-1,053.66
Apartment (3 bedrooms) in City Centre 1,796.50 $ 1,475.13-2,634.16
Apartment (3 bedrooms) Outside of Centre 1,479.52 $ 1,264.40-1,896.60
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 469.86 $ 391.55-636.27
Price per Square Feet to Buy Apartment Outside of Centre 278.98 $ 195.78-391.55
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,685.86 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.51 3.00-3.70

Prices in Palma de Mallorca

This city had 552 entries in the past 12 months by 54 different contributors.
Last update: October 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
Sign Up for Our Newsletter:
Your Email Address:
Nearby cities:
  
  
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

7 Comments so far
Hans on Jul 02, 2024:
Mallorca is much more expensive than this.

Moreover, lately foreigners are not very welcome anymore.
HaChris on Jan 25, 2024:
If the rental of 1-bedroom apartment is 975.00 and salary average 1.565, how can reantal only be 30% in your distribution of expences?
Tony on Nov 18, 2022:
Cost of living in Mallorca much higher than you print
Anonymous on Jun 13, 2021:
How are the schools in Mallorca
My husband & I have two amazing young boys, currently following an English (UK) Cambridge system & have Spanish as a 2nd language as being half Spanish. We’d like to know they the quality of school systems there & if there are predominantly English/ Internationally recognized schools for them to school in.
Requirements of schools can range from mid to high quality.
EJW on Jan 10, 2021:
LOL I guess I shouldn't comment on another post but HOW does anyone spend 4000 euros on food for two for 1 week anywhere? Please explain.
Z on Dec 31, 2020:
I was there for a week and paid for food alone 4k Euro, two adults.

Probably depends on the quality you expect, I expect good.

If you really want to know if you can afford to live there happily, I recommend going on vacation and see for your self.

Could be a lot cheaper if you plan to make food yourself but that's a poor retirement. Better invest money and retire when you can afford better.

Cheers!
Leonard on Sep 05, 2020:
My wife and I are retired and want to live out the rest of our life's in a WARM and SUNNY Beach inviroment..Like Santa Ponsa or Paquera Spain maybe even Palma de'Mallorca . Between the two of us we receive approximately $3.775.00 A mouth in retirement pay.. Would it be doable for the two us to live comfortably please let me know what you think.. Thank you very much.Mr Kozerski