Is Palma de Mallorca more expensive than Valencia?

Palma de Mallorca is 13.1% more expensive than Valencia overall. Rent is 5.2% higher, groceries 7.1% more expensive, and restaurants 7.7% more expensive.

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

Valencia has a purchasing power index of 85.0 while Palma de Mallorca has 84.8 (NYC = 100). Valencia offers better purchasing power.

Cost of Living Comparison · 2026

🇪🇸 Valencia vs 🇪🇸 Palma de Mallorca

2026

Palma de Mallorca is 13.1% more expensive

Category	🇪🇸 Valencia	🇪🇸 Palma de Mallorca	Difference
Cost of Living	53.6	60.6	+13.1%
Rent	31.0	32.6	+5.2%
Groceries	51.8	55.5	+7.1%
Restaurants	60.7	65.4	+7.7%
Purchasing Power	85.0	84.8	-0.2%

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