Is Palma de Mallorca more expensive than Bilbao?

Palma de Mallorca is 7.5% more expensive than Bilbao overall. Rent is 3.7% higher, groceries 4.0% more expensive, and restaurants 2.2% more expensive.

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

Bilbao has a purchasing power index of 109.0 while Palma de Mallorca has 90.4 (NYC = 100). Bilbao offers better purchasing power.

Cost of Living Comparison · 2026

🇪🇸 Bilbao vs 🇪🇸 Palma de Mallorca

2026

Palma de Mallorca is 7.5% more expensive

Category	🇪🇸 Bilbao	🇪🇸 Palma de Mallorca	Difference
Cost of Living	54.6	58.7	+7.5%
Rent	29.5	30.6	+3.7%
Groceries	49.8	51.8	+4.0%
Restaurants	63.6	65.0	+2.2%
Purchasing Power	109.0	90.4	-17.1%

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