Palma de Mallorca

Spain Above global median · +110.1% (3-bed)

Palma de Mallorca is one of the pricier markets here. A 3-bedroom home runs about +110.1% versus the global median of $276k.

Median purchase price

1-bedroom $390,000 +178.6% vs global median $140k

2-bedroom $540,000 +174.1% vs global median $197k

3-bedroom $580,000 +110.1% vs global median $276k

Cost of living & rent

Cost of living 58.8 NYC = 100, excl. rent Numbeo Updated Jul 2026 medium confidence

Rent · 1-bed (centre) $1,415/mo Numbeo Updated Jun 2026 medium confidence

Rent · 3-bed (centre) $2,211/mo Numbeo Updated Jun 2026 medium confidence

Price-to-rent ratio 21.9× years of rent to equal purchase Model estimate Updated Jun 2026 medium confidence

Earnings & affordability

Local purchasing power 81.6 NYC = 100 Numbeo Updated Jul 2026 medium confidence

Income tax (effective)

Income tax · low earner 23.0% effective, on ~$30k gross Public web research Updated Jun 2026 medium confidence

Income tax · mid earner 33.0% effective, on ~$75k gross Public web research Updated Jun 2026 medium confidence

Income tax · high earner 39.0% effective, on ~$150k gross Public web research Updated Jun 2026 medium confidence

Source & date. Median home-purchase prices in USD, starter dataset v2026.1 (2026-05). Other metrics carry their own source & date on each card above. Directional figures for comparing markets — not a valuation of any specific property. Methodology →

Getting there