How expensive is Mallorca really? Living costs have risen in recent years but depending on lifestyle remain below many major European cities.

Rental prices by region (2026)

Region 1-bed 2-3 bed
Palma centre €800-1,200 €1,200-2,500
Palma outskirts €600-900 €900-1,800
Southwest (Calvià, Andratx) €800-1,200 €1,200-2,500
North (Alcúdia, Pollença) €600-1,000 €900-1,800
East (Manacor, Felanitx) €500-800 €700-1,400
Inland (Inca, Sineu) €450-700 €650-1,200

Monthly fixed costs

  • Electricity: 80-150 euros (seasonal – air conditioning in summer!)
  • Water: 30-50 euros
  • Internet + phone: 35-50 euros (fibre: Movistar, Orange, Digi)
  • Gas: Bottle gas (Butano) approx. 15-20 euros, lasts 4-6 weeks
  • Community fees: 50-200 euros

Groceries

  • Supermarket: Mercadona and Lidl are cheapest. Eroski and Carrefour slightly pricier
  • Budget for 2: 400-600 euros/month
  • Dining out: Menú del día from 10-15 euros, evening restaurant 20-40 euros/person

Transport

  • Car: Almost essential. Petrol approx. 1.40-1.60 €/litre
  • Bus (TIB): Good network from Palma, monthly pass approx. 40 euros
  • Car insurance: 300-600 euros/year (fully comprehensive)

More on finding a rental in Mallorca.

Back to moving to Mallorca guide.

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