Spain

Cost of Living in Palma de Mallorca

Santa Catalina, La Lonja, and Son Vida are popular areas. Expect to pay 20-30% more than mainland for similar quality. Monthly budget: Frugal single $2,000-2,300, Comfortable single $2,600-3,100, Couple $3,500-4,200.

Monthly Total

$2,956

$51,730

Housing (1BR Mid-range)

$1,593

Daily Spend (ex. rent)

$45

Based on a typical expat lifestyle: 1BR furnished apartment, mix of cooking/eating out, rideshare transportation, moderate entertainment. Last updated: 1/15/2026.

Monthly Cost Breakdown

Housing (Rent)

1BR furnished apartment in mid-range neighborhood

$1,593

$27,878

Utilities

Electric, water, gas, and internet

$165

$2,888

Groceries

Groceries from supermarkets

$245

$4,288

Dining Out

Mix of casual restaurants, ~12 meals/month

$192

$3,360

Transportation

Rideshare (Uber/Didi), ~30 rides/month

$360

$6,300

Lifestyle & Entertainment

Entertainment, occasional cleaning service

$291

$5,093

Healthcare

Basic private health insurance

$60

$1,050

Phone & Subscriptions

Phone plan and streaming subscriptions

$50

$875

Monthly Total

$2,956

$51,730

Expat InsuranceRecommended Partner

Don't skip health insurance

Cost estimates are great for budgeting, but real coverage protects you when something goes wrong.

A portion of affiliate revenue is donated to UNHCR

Living in Palma de Mallorca

Palma is the most expensive destination on this list - you pay a premium for island living. However, it delivers exceptional quality of life with pristine beaches, good international schools, and sophisticated lifestyle.

Frequently Asked Questions

Compare Palma de Mallorca to Other Cities

See how Palma de Mallorca stacks up against other popular expat destinations in Mexico.

Customize Your Comparison