
Wondering about the cost of living in Mallorca? This article covers rents, utilities, food, transport, and other key expenses. Read on to find out what you can expect to pay when living in Mallorca.
Key Takeaways
- Rental prices in Mallorca vary by location, with city center apartments averaging €1,085, while rural options start around €600, and prices increase during the tourist season.
- Monthly utility costs for an average apartment are about €210, with significant fluctuations based on property size and seasonal usage, emphasizing the importance of energy-efficient practices.
- Residents should budget a minimum of €800 monthly excluding rent, or €1,000 including emergencies for individuals, and at least €3,000 monthly for a family of four, accounting for all living expenses.
Rental Costs in Mallorca

Rental prices in Mallorca depend largely on location and property type. In Palma de Mallorca’s city center, a one-bedroom apartment usually costs between €800 and €1,200 monthly, averaging around €1,085. Rural areas are more affordable, with some rentals starting at €600 per month.
Coastal properties generally cost more due to their desirable locations. Rental prices often rise during the summer tourist season. Long-term rentals usually offer more stable rates compared to short-term holiday options.
High demand has increased rental fees across Mallorca. Knowing these factors can guide your decision whether you prefer city centre life or a rural retreat.
Utility Costs in Mallorca
Utility bills in Mallorca can significantly impact monthly expenses. For an 85 m2 apartment, utilities like electricity, water, and garbage collection average about €210 per month. These costs fluctuate with property size and seasonal changes, especially due to heating and air conditioning use.
Water costs rise with higher consumption, and there may be an annual connection fee between €80 and €140. Garbage collection fees vary by municipality, adding to the overall expense.
Many households use energy-efficient appliances and smart meters to manage costs, reducing utility bills through energy-saving practices.
Food and Grocery Prices

Mallorca provides various food and grocery options for different budgets. Chain stores like Lidl offer competitive prices, while local markets often provide fresher produce that can be more affordable.
Grocery prices differ between chain stores and local markets. Chain stores offer lower prices on packaged goods, while local markets are ideal for fresh produce. This variety helps residents balance cost and quality.
Eating Out and Restaurant Costs

Mallorca’s dining scene caters to various tastes and budgets, from budget-friendly eateries to upscale restaurants. A mid-range restaurant meal for two generally costs between €40 and €80.
Seafood enthusiasts will find many options within the same price range. Mallorca’s diverse culinary scene offers everything from casual meals to fine dining experiences.
Transportation Costs
Transportation in Mallorca is affordable thanks to its extensive public transport network. In Palma, a single bus ticket costs €2, and a 10-trip prepaid card is €15. A single metro ticket is €1.80 but doesn’t include bus transfers. Public transport will be free for local residents using travel cards until 2025.
Intercity bus fares range from €3 to €13.50 based on distance. Taxi fares usually start at €3.50 with extra charges per kilometer. Monthly transportation costs often include a €38 public transport pass, simplifying the budgeting for regular commuting.
With these options, moving around Palma de Mallorca is convenient and budget-friendly, whether you’re commuting within Palma or exploring other parts of the Balearic Islands.
Healthcare Expenses
Healthcare costs are an important consideration in Mallorca. Public services are free for registered residents, but those over 65 must pay €157 monthly for access.
Private healthcare premiums range from €50 to €200 monthly, depending on coverage. While public healthcare covers essential services, private insurance offers quicker access to treatments at a higher cost. Residents also pay a percentage of prescription costs based on income.
Education Costs
Education costs in Mallorca differ by school type. Public schools are free for all children in Spain. Semi-private schools charge €10 to €40 monthly, with total costs reaching around €200 when including meals and activities.
Private schools charge annual fees between €4,000 and €5,000, while international schools cost about €900 per month. Prestigious British schools can reach up to €10,000 annually and are highly competitive.
Nursery education costs between €300 and €500 monthly. Knowing these expenses helps parents budget effectively for their children’s education.
Leisure and Recreation
Mallorca boasts a variety of leisure and recreational activities. Fitness center memberships cost between €20 and €50 monthly. Outdoor activities like hiking and cycling are popular among locals and tourists alike.
Cultural events such as concerts and festivals provide diverse entertainment, and cinema tickets cost around €7 to €10. Many parks and outdoor areas offer free access, ensuring plenty of activities to enjoy.
Clothing and Personal Care
Clothing and personal care prices in Mallorca are similar to those in major European cities. Jeans average €83, and summer dresses cost about €52.50. Brands like Zara offer clothing items between €30 and €90, providing stylish options at different price points.
Nike running shoes usually cost between €90 and €150. Haircuts can be expensive, often exceeding €100. These costs are important when budgeting for personal care and clothing.
Property Investment in Mallorca

Property investment in Mallorca requires understanding various costs and factors. The price of a well-furnished two-bedroom apartment varies by location, with luxury properties in Alcudia and cheaper options in places like Campanet. Important factors include location, property condition, size, and features. If you are looking to buy an apartment, consider these elements carefully.
Buying property involves paying a Property Transfer Tax of 8% to 13%, depending on the price. New properties incur a 10% VAT and 1.5% stamp duty. Legal fees are about 1% of the property’s value, and notary fees range from €600 to €2,000.
Property registration costs range from €300 to €1,200. Buyers needing financing will face extra mortgage-related fees like valuation and arrangement charges. Selling property incurs a capital gains tax of 19% for EU residents and 24% for non-EU residents. Knowing these costs helps in making informed investment decisions.
Monthly Budget Calculation
Creating a monthly budget for living in Mallorca requires accounting for various expenses. Here are some key costs to consider:
- Private health insurance costs between €60 and €100 monthly.
- A yearly membership at municipal sports centers in Palma is about €11.33 per month.
- Private gym memberships are around €50 monthly.
A single person should budget at least €800 monthly without rent, or around €1,000 including emergencies, considering the cost of living and living expenses. A family of four should plan for at least €3,000 monthly, excluding rent and private school fees. Budgeting extra for comfort and flexibility is always advisable to cover unexpected expenses.
Summary
Living in Mallorca offers a blend of beautiful landscapes, vibrant culture, and a relatively high cost of living. Understanding the various expenses, from housing and utilities to food, transportation, healthcare, and education, is crucial for planning and budgeting effectively. By being aware of these costs, you can make informed decisions and enjoy a comfortable lifestyle on this stunning island.
Whether you’re moving to Mallorca for its scenic beauty or investing in property, having a clear understanding of the cost of living will help you navigate your new life with ease. Embrace the island’s charm, and let the knowledge of these expenses guide you to a fulfilling experience in Mallorca.
Frequently Asked Questions
What are the average rental costs in Palma de Mallorca?
The average rental cost for a one-bedroom apartment in the city center of Palma de Mallorca is approximately €1,085 per month, typically ranging from €800 to €1,200. This insight can help you plan your budget effectively.
How much should I budget for utilities in Mallorca?
You should budget approximately €210 per month for utilities in a standard 85 m2 apartment in Mallorca, covering electricity, water, and garbage collection.
Are public schools free in Mallorca?
Public schools in Mallorca are free for all children who reside in Spain. Therefore, you can access education without incurring tuition fees.
What are the healthcare costs for residents over 65 in Mallorca?
Residents over 65 in Mallorca incur a monthly fee of €157 to access public healthcare services. This special payment scheme is designed to ensure that seniors can receive necessary medical care.
How much does it cost to eat out at a mid-range restaurant in Mallorca?
Expect to spend between €40 and €80 for two people dining at a mid-range restaurant in Mallorca.