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
Don't skip health insurance
Cost estimates are great for budgeting, but real coverage protects you when something goes wrong.
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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
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