Cost of living in Tenerife is 9% lower than in Palma de Mallorca (without rent).
Rent in Tenerife is very similar to Palma de Mallorca.
Cost of living including rent in Tenerife is 4% lower than in Palma de Mallorca.
Food in Tenerife is 15% cheaper than in Palma de Mallorca.
Transport in Tenerife is 3% more expensive than in Palma de Mallorca.
| Tenerife | Palma de Mallorca | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Tenerife | Palma de Mallorca | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
11.4 $ | 17.2 $ |
| Dinner, for 2 | 48 $ | 49.2 $ |
| Fast food, McDonalds or KFC | 9.14 $ | 12.9 $ |
| Beer, 0.5 L or 16 fl oz | 2.87 $ | 4.63 $ |
| Capuccino | 1.75 $ | 3.5 $ |
| Coke, 330ml | 1.64 $ | 2.92 $ |
Markets |
Milk, 1 L or 1 qt | 1.13 $ | 1.12 $ |
| Bread, 0.5 kg or 1 lb | 1.78 $ | 1.51 $ |
| Rice, 1 kg or 2 lb | 1.58 $ | 1.54 $ |
| Eggs, 12 pack | 3.2 $ | 3.5 $ |
| Cheese, 1 kg or 2 lb | 12.9 $ | 16.5 $ |
| Chicken Breast, 1 kg or 2 lb | 8.04 $ | 9.61 $ |
| Round Steak, 1 kg or 2 lb | 13.3 $ | 14.8 $ |
| Apples, 1 kg or 2 lb | 1.87 $ | 2.2 $ |
| Banana, 1 kg or 2 lb | 1.74 $ | 2.08 $ |
| Oranges, 1 kg or 2 lb | 1.61 $ | 1.65 $ |
| Potatoes, 1 kg or 2 lb | 2.65 $ | 1.63 $ |
| Onions, 1 kg or 2 lb | 2.45 $ | 1.96 $ |
| Water, 1 L or 1 qt | 0.54 $ | 0.42 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.08 $ | 2.4 $ |
| Wine, 750 mL bottle | 4.63 $ | 8.52 $ |
| Beer, 0.5 L or 16 fl oz | 1.25 $ | 1.2 $ |
| Cigarette pack | 4.67 $ | 6.14 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 1.55 $ | 2.22 $ |
| Monthly pass, Monthly Ticket | 39.3 $ | 39.5 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.61 $ | 1.87 $ |
| Taxi, 8 km | 19 $ | 27.7 $ |
Personal Care |
||
| Doctor visit, private clinic | 72.4 $ | 51.3 $ |
| Cold medicine, for 1 week | 8.98 $ | 5.73 $ |
| Hair shampoo, 400 ml or 12 oz | 2.92 $ | 3.37 $ |
| Toilet paper, 4 rolls | 1.83 $ | 1.93 $ |
| Toothpaste, 1 tube | 2.06 $ | 2.45 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
55.7 $ | 133 $ |
| Utility bill - family, electricity, heating, water & garbage |
85.5 $ | 202 $ |
| Internet plan, +60 Mbps |
30.6 $ | 38.8 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 946 $ | 859 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 1,406 $ | 1,398 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 1,109 $ | 1,073 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 1,649 $ | 1,758 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 2,914 $ | 5,320 $ |
| Price per Square Meter to Buy House, in suburbs | 2,073 $ | 3,154 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 1,400 $ | 1,714 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 3.45 % | 3.54 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 48.2 $ | 55.8 $ |
| Cinema, 1 seat | 6.76 $ | 8.58 $ |
| Haircut | 11.5 $ | 15.9 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 87.3 $ | 98 $ |
| Brand Jeans, Levis 501 | 80.4 $ | 89.3 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 467 $ | 680 $ |
| International Primary School, yearly for 1 child | 6,379 $ | 13,417 $ |