4.9% above the Spain average
Ranked #262 of 558 cities · More expensive than 53% of cities worldwide
Compared to Spain average
Rent Prices
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | EUR 1,209/mo ≈ $1,407 | EUR 907/mo ≈ $1,056 | 25% |
| 3-Bedroom | EUR 1,856/mo ≈ $2,160 | EUR 1,466/mo ≈ $1,706 | 25% |
Prices
Prices in local currency, cross-referenced from multiple independent sources. August 2026.
Palma de Mallorca has a composite cost index of 38.5 from 3 independent data sources.
Based on 93 country PLI x 1.028 city factor
Palma de Mallorca is average by global standards (ranked #262 of 558 cities). It is 4.9% more expensive than the Spain average, based on 14 cities.
Groceries are average, while dining out is average. Groceries offers the best value, while Rent is the priciest.
Local purchasing power is limited — residents can afford fewer goods and services than in most cities.
Workers in Spain earning EUR 50,000 gross take home EUR 2,962/month after tax (28.9% effective rate). See full Spain tax calculator →
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