Is Palma de Mallorca more expensive than Valencia?

Palma de Mallorca is 15.1% more expensive than Valencia overall. Rent is 8.9% higher, groceries 11.4% more expensive, and restaurants 10.0% more expensive.

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

Valencia has a purchasing power index of 97.7 while Palma de Mallorca has 90.4 (NYC = 100). Valencia offers better purchasing power.

Cost of Living Comparison · 2026

🇪🇸 Valencia vs 🇪🇸 Palma de Mallorca

2026

Palma de Mallorca is 15.1% more expensive

Category	🇪🇸 Valencia	🇪🇸 Palma de Mallorca	Difference
Cost of Living	51.0	58.7	+15.1%
Rent	28.1	30.6	+8.9%
Groceries	46.5	51.8	+11.4%
Restaurants	59.1	65.0	+10.0%
Purchasing Power	97.7	90.4	-7.5%

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