Cost of Living Comparison · 2026

🇪🇸 Palma de Mallorca vs 🇪🇸 Madrid

2026

Madrid is 0.3% cheaper
Category 🇪🇸 Palma de Mallorca 🇪🇸 Madrid Difference
Cost of Living 60.6 60.4 -0.3%
Rent 32.6 34.9 +7.1%
Groceries 55.5 60.9 +9.7%
Restaurants 65.4 63.1 -3.5%
Purchasing Power 84.8 100.7 +18.8%
Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇪🇸 Cost of Living in Palma de Mallorca
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