Is Palma de Mallorca more expensive than Bilbao?

Palma de Mallorca is 7.1% more expensive than Bilbao overall. Rent is 3.8% higher, groceries 1.6% more expensive, and restaurants 1.9% more expensive.

Which city has better purchasing power, Bilbao or Palma de Mallorca?

Bilbao has a purchasing power index of 105.7 while Palma de Mallorca has 84.8 (NYC = 100). Bilbao offers better purchasing power.

Cost of Living Comparison · 2026

🇪🇸 Bilbao vs 🇪🇸 Palma de Mallorca

2026

Palma de Mallorca is 7.1% more expensive

Category	🇪🇸 Bilbao	🇪🇸 Palma de Mallorca	Difference
Cost of Living	56.6	60.6	+7.1%
Rent	31.4	32.6	+3.8%
Groceries	54.6	55.5	+1.6%
Restaurants	64.2	65.4	+1.9%
Purchasing Power	105.7	84.8	-19.8%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.