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