Is Palma de Mallorca more expensive than Bilbao?

Palma de Mallorca is 7.2% more expensive than Bilbao overall. Rent is 3.5% higher, groceries 1.9% more expensive, and restaurants 2.6% more expensive.

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

Bilbao has a purchasing power index of 97.6 while Palma de Mallorca has 81.1 (NYC = 100). Bilbao offers better purchasing power.

Cost of Living Comparison · 2026

🇪🇸 Bilbao vs 🇪🇸 Palma de Mallorca

2026

Palma de Mallorca is 7.2% more expensive

Category	🇪🇸 Bilbao	🇪🇸 Palma de Mallorca	Difference
Cost of Living	55.7	59.7	+7.2%
Rent	31.2	32.3	+3.5%
Groceries	53.0	54.0	+1.9%
Restaurants	62.6	64.2	+2.6%
Purchasing Power	97.6	81.1	-16.9%

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