Is Palma de Mallorca more expensive than Valencia?

Palma de Mallorca is 12.9% more expensive than Valencia overall. Rent is 7.3% higher, groceries 7.4% more expensive, and restaurants 7.4% more expensive.

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

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

Cost of Living Comparison · 2026

🇪🇸 Valencia vs 🇪🇸 Palma de Mallorca

2026

Palma de Mallorca is 12.9% more expensive

Category	🇪🇸 Valencia	🇪🇸 Palma de Mallorca	Difference
Cost of Living	52.9	59.7	+12.9%
Rent	30.1	32.3	+7.3%
Groceries	50.3	54.0	+7.4%
Restaurants	59.8	64.2	+7.4%
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.