Cost of living
Madrid (Spain) compared to Palma de Mallorca
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Overview comparison
Madrid (Spain)Palma de Mallorca
Consumer prices in Palma de Mallorca are roughly 34% higher than in Madrid (Spain).
Cost of living
| Item | Madrid (Spain) | Palma de Mallorca |
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| Total with rent one person | 1,746 | 1,839 |
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| Total with rent family | 3,153 | 4,569 |
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| Without rent one person | 718 | 658 |
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| Without rent one family | 2,325 | 2,506 |
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| Rent & Utilities person | 1,114.97 | 1,006.28 |
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| Rent & Utilities family | 1,521.92 | 1,935.79 |
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| Food person | 315 | 428 |
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| Food family | 1,113 | 1,105 |
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| Transport person | 146.72 | 110.42 |
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| Transport family | 336.67 | 391.15 |
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| Life expectancy | 78.35 years | 79.61 years |
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Eating Out
| Item | Madrid (Spain) | Palma de Mallorca |
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| Lunch Menu | 10.04 | 20.69 |
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| Dinner in a Restaurant, for 2 | 40.23 | 52.25 |
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| Fast food meal, equiv. McDonald's | 9.13 | 14.32 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.36 | 3.83 |
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| Cappuccino | 2.14 | 3.01 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.45 | 3.19 |
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Rent & Utilities
| Item | Madrid (Spain) | Palma de Mallorca |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,233.86 | 1,314.11 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 854.88 | 765.4 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,572.34 | 2,074.72 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,497.43 | 1,311.39 |
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| Utility Bill one person, electricity, heating, water, etc. | 61.3 | 150.42 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 80.45 | 172.05 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 25.65 | 37.16 |
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Transportation
| Item | Madrid (Spain) | Palma de Mallorca |
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| Local transport ticket | 3.18 | 3.14 |
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| Monthly ticket local transport | 3,419 | 4,994 |
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| Taxi Ride, 8 km or 5 mi | 2,204 | 2,544 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.43 | 2.01 |
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| Mortgage Interest Rate for 20 Years | 35.27% | 45.32% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 21.36 | 22.66 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.36 | 2.05 |
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Groceries
| Item | Madrid (Spain) | Palma de Mallorca |
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| Milk, 1 L or 1 qt | 0.94 | 0.93 |
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| Bread, 0.5 kg or 1.1 lb | 2.06 | 1.53 |
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| Eggs, x12 | 3.6 | 2.8 |
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| Cheese, 1 kg or 2.2 lb | 13.85 | 19.09 |
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| Chicken Breast, 1 kg or 2.2 lb | 7.3 | 10.05 |
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| Round Steak, 1 kg or 2.2 lb | 14.39 | 15.12 |
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| Banana, 1 kg or 2.2 lb | 1.89 | 1.98 |
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| Water, 1 L or 1 qt | 0.61 | 0.39 |
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Other
| Item | Madrid (Spain) | Palma de Mallorca |
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| Gym Membership, 1 month | 49.48 | 44.29 |
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| Cinema Ticket, 1 person | 8.01 | 10 |
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| Doctors visit | 83.37 | 60.45 |
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| Haircut, simple | 11.69 | 16.69 |
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| Brand Jeans | 70.08 | 70.55 |
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| Brand Sneakers | 104.26 | 82.43 |
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| Daycare or Preschool, 1 month | 386.63 | 760.53 |
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| International Primary School, 1 year | 5,425 | 15,092 |
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