Is Palma de Mallorca more expensive than Malaga?

Palma de Mallorca is 14.1% more expensive than Malaga overall. Rent is 7.0% higher, groceries 1.9% more expensive, and restaurants 12.4% more expensive.

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

Malaga has a purchasing power index of 85.1 while Palma de Mallorca has 81.1 (NYC = 100). Malaga offers better purchasing power.

Cost of Living Comparison · 2026

🇪🇸 Malaga vs 🇪🇸 Palma de Mallorca

2026

Palma de Mallorca is 14.1% more expensive

Category	🇪🇸 Malaga	🇪🇸 Palma de Mallorca	Difference
Cost of Living	52.3	59.7	+14.1%
Rent	30.2	32.3	+7.0%
Groceries	53.0	54.0	+1.9%
Restaurants	57.1	64.2	+12.4%
Purchasing Power	85.1	81.1	-4.7%

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