Cost of Living in Palma de Mallorca

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

Restaurants
Edit Range
Meal, Inexpensive Restaurant 15.10 $ 10.79-21.58
Meal for 2 People, Mid-range Restaurant, Three-course 56.41 $ 43.15-75.52
McMeal at McDonalds (or Equivalent Combo Meal) 12.95 $ 10.79-12.95
Domestic Beer (1 pint draught) 4.32 $ 2.70-5.39
Imported Beer (12 oz small bottle) 4.32 $ 2.70-6.47
Cappuccino (regular) 3.20 $ 2.16-3.78
Coke/Pepsi (12 oz small bottle) 2.80 $ 1.62-3.24
Water (12 oz small bottle) 2.67 $ 1.94-3.24
Markets
Edit
Milk (regular), (1 gallon) 4.41 $ 3.68-6.86
Loaf of Fresh White Bread (1 lb) 1.26 $ 0.47-2.55
Rice (white), (1 lb) 0.69 $ 0.39-1.08
Eggs (regular) (12) 2.77 $ 2.26-3.11
Local Cheese (1 lb) 5.88 $ 2.94-7.83
Chicken Fillets (1 lb) 3.78 $ 2.69-4.27
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.52 $ 4.89-8.07
Apples (1 lb) 0.89 $ 0.64-1.00
Banana (1 lb) 0.79 $ 0.71-0.98
Oranges (1 lb) 0.73 $ 0.49-0.88
Tomato (1 lb) 1.17 $ 0.88-2.10
Potato (1 lb) 0.65 $ 0.39-0.93
Onion (1 lb) 0.87 $ 0.49-1.47
Lettuce (1 head) 1.29 $ 1.08-1.73
Water (1.5 liter bottle) 0.59 $ 0.43-0.76
Bottle of Wine (Mid-Range) 9.17 $ 5.39-14.02
Domestic Beer (0.5 liter bottle) 1.15 $ 0.92-1.45
Imported Beer (12 oz small bottle) 1.72 $ 1.08-2.16
Cigarettes 20 Pack (Marlboro) 6.20 $ 5.93-8.09
Transportation
Edit
One-way Ticket (Local Transport) 2.16 $ 0.00-2.16
Monthly Pass (Regular Price) 40.46 $ 0.00-43.15
Taxi Start (Normal Tariff) 4.85 $ 4.32-5.39
Taxi 1 mile (Normal Tariff) 5.21 $ 2.43-5.21
Taxi 1hour Waiting (Normal Tariff) 22.33 $ 10.79-43.15
Gasoline (1 gallon) 6.43 $ 6.17-7.27
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,995.24 $ 35,995.24-35,995.24
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,402.34 $ 28,049.64-28,049.64
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 227.82 $ 149.01-269.71
Mobile Phone Monthly Plan with Calls and 10GB+ Data 21.09 $ 10.79-21.58
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 41.40 $ 32.36-75.52
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 55.56 $ 38.84-75.52
Tennis Court Rent (1 Hour on Weekend) 20.23 $ 19.42-20.50
Cinema, International Release, 1 Seat 9.17 $ 8.09-9.71
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 665.28 $ 431.53-899.03
International Primary School, Yearly for 1 Child 11,597.45 $ 7,551.83-13,485.41
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 89.54 $ 53.94-97.09
1 Summer Dress in a Chain Store (Zara, H&M, ...) 57.18 $ 37.76-75.52
1 Pair of Nike Running Shoes (Mid-Range) 80.55 $ 75.52-85.23
1 Pair of Men Leather Business Shoes 97.81 $ 63.65-161.82
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,170.12 $ 970.95-1,510.37
Apartment (1 bedroom) Outside of Centre 941.90 $ 809.12-1,078.83
Apartment (3 bedrooms) in City Centre 1,809.50 $ 1,510.37-2,697.08
Apartment (3 bedrooms) Outside of Centre 1,510.37 $ 1,294.60-1,726.13
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 466.05 $ 400.90-581.31
Price per Square Feet to Buy Apartment Outside of Centre 302.68 $ 200.45-440.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,690.17 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.53 3.00-3.70

Prices in Palma de Mallorca

This city had 267 entries in the past 12 months by 29 different contributors.
Last update: February 2025
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