What is the average rent in Palma de Mallorca?

A 1-bedroom apartment in Palma de Mallorca city centre costs approximately EUR 1,326 per month. Outside the centre, rent drops to EUR 949 (saving 29%). A 3-bedroom apartment in the centre costs around EUR 2,055.

Is Palma de Mallorca affordable to live in?

Palma de Mallorca is mid-priced by global standards. Groceries are average, restaurants are expensive, and local purchasing power is weak. Workers in Spain earning EUR 50,000 gross take home approximately EUR 2,962 per month after tax.

Palma de Mallorca Cost of Living 2026: rent €1,326/mo, +15% vs country avg

Q: How expensive is Palma de Mallorca compared to the rest of Spain?

Palma de Mallorca ranks #211 out of 577 cities globally. It is 15.1% more expensive than the Spain average, based on 15 cities. The rent index is 31.1 and local purchasing power is 86.3.

Rent Prices in Palma de Mallorca

Apartment	City Centre	Outside Centre	You Save
1-Bedroom	EUR 1,326/mo ≈ $1,487	EUR 949/mo ≈ $1,064	29%
3-Bedroom	EUR 2,055/mo ≈ $2,304	EUR 1,605/mo ≈ $1,800	22%

Numbeo · 2026-10-02

Prices of Goods & Services in Palma de Mallorca

Groceries

Item	Price	Sources
Apples (1kg)	EUR 2.00	1 source
Bread (500g)	EUR 1.20	1 source
Chicken (1kg)	EUR 6.50	1 source
Eggs (12)	EUR 2.10	1 source
Milk (1L)	EUR 0.95	1 source
Rice (1kg)	EUR 1.40	1 source
Water (1.5L)	EUR 0.50	1 source

Apples (1kg)

EUR 2.00

Bread (500g)

EUR 1.20

Chicken (1kg)

EUR 6.50

Eggs (12)

EUR 2.10

Milk (1L)

EUR 0.95

Rice (1kg)

EUR 1.40

Water (1.5L)

EUR 0.50

Restaurants

Item	Price	Sources
Draft beer (0.5L)	EUR 2.50	1 source
Cappuccino	EUR 2.00	1 source
McMeal	EUR 9.50	1 source
Cheap meal	EUR 16.00	1 source
Mid-range dinner (2 people)	EUR 65.00	1 source

Draft beer (0.5L)

EUR 2.50

Cappuccino

EUR 2.00

McMeal

EUR 9.50

Cheap meal

EUR 16.00

Mid-range dinner (2 people)

EUR 65.00

Leisure

Item	Price	Sources
Cinema ticket	EUR 10.40	1 source
Gym membership	EUR 50.00	1 source

Cinema ticket

EUR 10.40

Gym membership

EUR 50.00

Utilities

Item	Price	Sources
Electricity (85m² apt)	EUR 78.00	1 source
Garbage collection	EUR 12.00	1 source
Natural gas (85m² apt)	EUR 24.00	1 source
Internet (60 Mbps)	EUR 28.00	1 source
Water (85m² apt)	EUR 22.00	1 source

Electricity (85m² apt)

EUR 78.00

Garbage collection

EUR 12.00

Natural gas (85m² apt)

EUR 24.00

Internet (60 Mbps)

EUR 28.00

Water (85m² apt)

EUR 22.00

Transportation

Item	Price	Sources
Gasoline (1L)	EUR 1.46	1 source
Taxi per km	EUR 1.15	1 source
Taxi start	EUR 2.50	1 source
Monthly pass	EUR 30.00	1 source
Single ticket	EUR 1.50	1 source

Gasoline (1L)

EUR 1.46

Taxi per km

EUR 1.15

Taxi start

EUR 2.50

Monthly pass

EUR 30.00

Single ticket

EUR 1.50

Prices in local currency, cross-referenced from multiple independent sources. October 2026.

Cost Indices

Cost of Living

+15.1% Expensive

Rent

+28.0% Very expensive

Groceries

-5.7% Average

Restaurants

+8.9% Expensive

Purchasing Power

-11.4% Weak

Living in Palma de Mallorca: What to Expect

Palma de Mallorca is mid-priced by global standards (ranked #211 of 577 cities). It is 15.1% more expensive than the Spain average, based on 15 cities.

Groceries are average and dining out is expensive. The best value is groceries and the priciest is rent.

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 →