Cost of Living in Palma de Mallorca

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

Restaurants
Edit Range
Meal, Inexpensive Restaurant 15.14 $ 12.98-21.63
Meal for 2 People, Mid-range Restaurant, Three-course 54.09 $ 43.27-70.31
McMeal at McDonalds (or Equivalent Combo Meal) 12.98 $ 10.82-12.98
Domestic Beer (1 pint draught) 4.33 $ 2.60-5.41
Imported Beer (12 oz small bottle) 4.33 $ 2.70-5.41
Cappuccino (regular) 3.20 $ 2.16-3.79
Coke/Pepsi (12 oz small bottle) 2.88 $ 2.16-3.25
Water (12 oz small bottle) 2.54 $ 1.95-3.25
Markets
Edit
Milk (regular), (1 gallon) 4.07 $ 3.69-5.32
Loaf of Fresh White Bread (1 lb) 1.32 $ 0.74-2.56
Rice (white), (1 lb) 0.69 $ 0.39-1.08
Eggs (regular) (12) 3.00 $ 1.30-4.33
Local Cheese (1 lb) 6.46 $ 3.48-7.85
Chicken Fillets (1 lb) 3.96 $ 2.70-4.41
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.53 $ 4.91-8.10
Apples (1 lb) 0.87 $ 0.64-1.01
Banana (1 lb) 0.91 $ 0.71-1.23
Oranges (1 lb) 0.73 $ 0.49-0.88
Tomato (1 lb) 1.18 $ 0.88-1.47
Potato (1 lb) 0.65 $ 0.39-0.93
Onion (1 lb) 0.87 $ 0.49-1.47
Lettuce (1 head) 1.21 $ 0.92-2.16
Water (1.5 liter bottle) 0.62 $ 0.43-0.76
Bottle of Wine (Mid-Range) 8.65 $ 5.41-10.82
Domestic Beer (0.5 liter bottle) 1.09 $ 0.76-2.16
Imported Beer (12 oz small bottle) 1.72 $ 1.08-2.16
Cigarettes 20 Pack (Marlboro) 6.22 $ 5.95-8.11
Transportation
Edit
One-way Ticket (Local Transport) 2.16 $ 0.00-2.16
Monthly Pass (Regular Price) 41.11 $ 0.00-97.35
Taxi Start (Normal Tariff) 4.71 $ 4.33-5.41
Taxi 1 mile (Normal Tariff) 5.22 $ 2.44-5.22
Taxi 1hour Waiting (Normal Tariff) 22.39 $ 10.82-43.27
Gasoline (1 gallon) 6.76 $ 6.26-7.37
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 36,091.65 $ 30,288.21-36,091.65
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,150.03 $ 24,879.60-28,124.77
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 226.70 $ 149.41-270.43
Mobile Phone Monthly Plan with Calls and 10GB+ Data 21.63 $ 12.98-21.63
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.98 $ 32.45-75.72
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 56.13 $ 38.94-75.72
Tennis Court Rent (1 Hour on Weekend) 19.74 $ 19.47-20.55
Cinema, International Release, 1 Seat 8.92 $ 8.11-9.74
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 667.06 $ 432.69-901.43
International Primary School, Yearly for 1 Child 11,628.51 $ 7,572.05-13,521.52
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 89.78 $ 54.09-97.35
1 Summer Dress in a Chain Store (Zara, H&M, ...) 56.79 $ 43.27-75.72
1 Pair of Nike Running Shoes (Mid-Range) 83.14 $ 54.09-97.35
1 Pair of Men Leather Business Shoes 101.22 $ 63.82-162.26
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,173.25 $ 973.55-1,514.41
Apartment (1 bedroom) Outside of Centre 944.43 $ 811.29-1,081.72
Apartment (3 bedrooms) in City Centre 1,844.34 $ 1,514.41-2,704.30
Apartment (3 bedrooms) Outside of Centre 1,518.92 $ 1,298.07-1,947.10
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 482.37 $ 401.98-653.21
Price per Square Feet to Buy Apartment Outside of Centre 286.41 $ 200.99-401.98
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,669.91 $
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:
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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