Is Palma de Mallorca more expensive than Las Palmas de Gran Canaria?

Palma de Mallorca is 16.1% more expensive than Las Palmas de Gran Canaria overall. Rent is 47.5% higher, groceries 3.1% cheaper, and restaurants 17.4% more expensive.

Which city has better purchasing power, Las Palmas de Gran Canaria or Palma de Mallorca?

Las Palmas de Gran Canaria has a purchasing power index of 88.5 while Palma de Mallorca has 84.8 (NYC = 100). Las Palmas de Gran Canaria offers better purchasing power.

Cost of Living Comparison · 2026

🇪🇸 Las Palmas de Gran Canaria vs 🇪🇸 Palma de Mallorca

2026

Palma de Mallorca is 16.1% more expensive

Category	🇪🇸 Las Palmas de Gran Canaria	🇪🇸 Palma de Mallorca	Difference
Cost of Living	52.2	60.6	+16.1%
Rent	22.1	32.6	+47.5%
Groceries	57.3	55.5	-3.1%
Restaurants	55.7	65.4	+17.4%
Purchasing Power	88.5	84.8	-4.2%

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