Cost of Living in Monte Carlo vs Palma de Mallorca

Cost of living in Monte Carlo is 54% higher than in Palma de Mallorca (without rent).

Rent in Monte Carlo is 460% more expensive than in Palma de Mallorca.

Cost of living including rent in Monte Carlo is 299% higher than in Palma de Mallorca.

Food in Monte Carlo is 75% more expensive than in Palma de Mallorca.

Transport in Monte Carlo is 48% cheaper than in Palma de Mallorca.

Monte Carlo vs. Palma de Mallorca Comparision

Monte Carlo Palma de Mallorca
Cost of Living, including rent
7,107 $
1,783 $
Without Rent
1,092 $
709 $
Rent & Utilities
6,015 $
1,074 $
Food
805 $
460 $
Transport
64 $
124 $
Monthly Salary, after tax
6,601 $
1,714 $
Quality of Life
78
76
Population
15.2K
423.0K

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Monte Carlo Palma de Mallorca

Restaurants

Lunch menu,
inexpensive restaurant
21.9 $ 17.2 $
Dinner, for 2 118 $ 49.2 $
Fast food, McDonalds or KFC 10.3 $ 12.9 $
Beer, 0.5 L or 16 fl oz 10 $ 4.63 $
Capuccino 4.19 $ 3.5 $
Coke, 330ml 4.83 $ 2.92 $

Markets

Milk, 1 L or 1 qt 2.77 $ 1.12 $
Bread, 0.5 kg or 1 lb 5.03 $ 1.51 $
Rice, 1 kg or 2 lb 4.43 $ 1.54 $
Eggs, 12 pack 5.6 $ 3.5 $
Cheese, 1 kg or 2 lb 16.8 $ 16.5 $
Chicken Breast, 1 kg or 2 lb 18.6 $ 9.61 $
Round Steak, 1 kg or 2 lb 25.1 $ 14.8 $
Apples, 1 kg or 2 lb 5.99 $ 2.2 $
Banana, 1 kg or 2 lb 2.8 $ 2.08 $
Oranges, 1 kg or 2 lb 4.8 $ 1.65 $
Potatoes, 1 kg or 2 lb 2.15 $ 1.63 $
Onions, 1 kg or 2 lb 3.31 $ 1.96 $
Water, 1 L or 1 qt 1 $ 0.42 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 3.72 $ 2.4 $
Wine, 750 mL bottle 25.1 $ 8.52 $
Beer, 0.5 L or 16 fl oz 1.96 $ 1.2 $
Cigarette pack 11.3 $ 6.14 $

Transport

Local transport ticket, One-way Ticket 1.97 $ 2.22 $
Monthly pass, Monthly Ticket 37.4 $ 39.5 $
Gas or petrol, 1 L or 0.26 gal 2.4 $ 1.87 $
Taxi, 8 km 23.6 $ 27.7 $

Personal Care

Doctor visit, private clinic 86.4 $ 51.3 $
Cold medicine, for 1 week 17.6 $ 5.73 $
Hair shampoo, 400 ml or 12 oz 10.9 $ 3.37 $
Toilet paper, 4 rolls 3.37 $ 1.93 $
Toothpaste, 1 tube 5.95 $ 2.45 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
195 $ 133 $
Utility bill - family,
electricity, heating, water & garbage
303 $ 202 $
Internet plan,
+60 Mbps
119 $ 38.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 5,968 $ 859 $
3 Bedroom Apartment, outside of center, 85 sq.m 7,424 $ 1,398 $
1 Bedroom Apartment, in city center, 40 sq.m 4,636 $ 1,073 $
3 Bedroom Apartment, in city center, 85 sq.m 7,621 $ 1,758 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 65,450 $ 5,320 $
Price per Square Meter to Buy House, in suburbs 51,405 $ 3,154 $

Salaries and Financing

Average Monthly Net Salary, after tax 6,601 $ 1,714 $
Mortgage Interest Rate, for 20 years fixed-rate 2.01 % 3.54 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 83.9 $ 55.8 $
Cinema, 1 seat 17.7 $ 8.58 $
Haircut 37.7 $ 15.9 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 194 $ 98 $
Brand Jeans, Levis 501 103 $ 89.3 $

Childcare

Preschool, full day, monthly for 1 child 2,181 $ 680 $
International Primary School, yearly for 1 child 16,632 $ 13,417 $