How Much Does Palma de Mallorca Cost? 2026 Budget Guide | Prices & Tips
Palma de Mallorca offers a Mediterranean island experience that can accommodate various budgets, ranging from $77 / €65 per day for solo travelers to upwards of $659 / €560 for a luxury experience. While it is more expensive than mainland Spanish cities like Seville or Valencia, it remains more accessible than neighboring Ibiza or French Riviera hotspots. Costs are heavily influenced by the Balearic Sustainable Tourism Tax and the seasonal nature of island life, where accommodation prices can double during the peak months of July and August. Visitors will find that balancing high-end beach club visits with local market dining is the key to managing a daily budget in the range of $159 / €135 to $277 / €235. The city's compact nature allows for significant savings on transport, though excursions to the northern coast or private charters can quickly elevate expenses.
Is Palma de Mallorca expensive to visit?
Palma de Mallorca is a moderately priced island destination where visitors should expect to spend between $77 / €65 and $659 / €560 per day depending on their preferred level of luxury.
On This Page
Daily Budget
How much to budget per person per day in Palma de Mallorca
$77
per person /day
$277
per person /day
$659
per person /day
Trip Costs by Duration
Total estimated costs per person, excluding flights
| Trip Costs by Duration | Budget | Mid-Range | Luxury |
|---|---|---|---|
| 3-Day Trip | $230 | $830 | $1,977 |
| 5-Day Trip | $383 | $1,383 | $3,296 |
| 7-Day Trip | $536 | $1,936 | $4,614 |
per person — Excludes international flights
Budget Buffer
Recommended contingency for unexpected expenses
It is wise to maintain a 15% budget buffer to cover the Balearic Sustainable Tourism Tax (Ecotax), which can add up to $5.18 / €4.4 per night at high-end resorts. Additionally, unexpected 'Cubierto' charges of $1.77–$3.53 / €1.5–€3 per person for bread and olives can quickly inflate a dining budget if not accounted for.
How Does It Compare?
See how Palma de Mallorca stacks up against other popular destinations
What Things Cost
Real prices for common tourist expenses in Palma de Mallorca
Food & Drink (3)
| Item | Price |
|---|---|
| Meal at Inexpensive Restaurant A standard lunch or dinner for one in a casual setting. | $19 €16 |
| Domestic Beer (0.5L draft) Standard bar price. Drinking at 'cañas' (small glasses) usually costs ~$2.12–$2.94 / €1.8–€2.5. | $4.71 €4 |
| Ensaïmada Pastry (Small) Classic Mallorcan pastry. Try it at the historic Ca'n Joan de S'Aigo. | $3.53 €3 |
Transport (4)
| Item | Price |
|---|---|
| EMT Palma Single Ticket (Airport A1/A2) Specifically for airport routes A1 and A2. Children under 5 ride free. | $5.89 €5 |
| EMT Palma Single Ticket (Urban) Higher cash fare for non-residents. No transfers allowed on this ticket. | $2.35 €2 |
| TIB Intercity Bus (4 Jumps) Max cash fare for travel across 4 zones. Paying with a bank card (tap on/off) reduces this to ~$6.36 / €5.4. | $11 €9 |
| Taxi Start (Standard Tariff) Daytime flag drop. Surcharges of ~$3.65 / €3.1 apply for airport or port pickups. | $5.24 €4.45 |
Accommodation (3)
| Item | Price |
|---|---|
| Urban Hostel Palma (Dorm Bed) Lowest dorm rate found in city area. Prices can double during peak months like July or August. | $18 €15 |
| Ars Magna Bleisure Hotel (Mid-range) Price for 2 adults for 1 night. Centrally located near the Intermodal Station. | $156 €132 |
| Nobis Hotel Palma (Luxury) Design hotel in the Old Town. High-end amenities including a rooftop bar. | $331 €281 |
Activities (4)
| Item | Price |
|---|---|
| Palma Cathedral General Admission Includes the Museum of Sacred Art. Access to the terraces costs extra (total ~$29 / €25). | $12 €10 |
| Castell de Bellver Admission Entry is free for everyone on Sundays. Provides 360-degree views of the bay. | $4.71 €4 |
| Tren de Sóller Combined Ticket Includes the vintage wooden train from Palma to Sóller and the tram to the port. | $41 €35 |
| Royal Palace of La Almudaina Free entrance for EU/Iberoamerican citizens on Wednesdays and Sundays (15:00–18:00). | $9.42 €8 |
Connectivity (1)
| Item | Price |
|---|---|
| Local SIM Card (Vodafone Big Yuser) Available at the airport or in the city center. Requires passport for registration. | $18 €15 |
Food & Dining
What to eat and what it costs
Dining in Palma ranges from casual tapas bars where an inexpensive meal costs $19 / €16 to high-end waterfront venues with a terrace supplement of 10–15%. Local specialties like the Ensaïmada pastry can be found for $3.53 / €3 at historic spots like Ca'n Joan de S'Aigo, while a domestic beer generally costs $4.71 / €4, though ordering 'cañas' (small glasses) can reduce this to ~$2.12–$2.94 / €1.8–€2.5.
Cheap Eats
Where locals eat — real places, real prices
Ca'n Joan de S'Aigo
$3.53–$12 / €3–€10Old Town · Bakery
Legendary for ensaïmadas and almond ice cream. Standing at the counter is faster than waiting for a table.
Bar Dia
$14–$29 / €12–€25Santa Catalina · Local chain
Arrive early as this no-frills tapas institution gets packed by 20:00. The pica-pica (spicy cuttlefish) is a must-try.
Mercat de l'Olivar (Seafood Stalls)
$9.42–$24 / €8–€20City Center · Street market
Eat standing up at the fish market bars. Look for 'Bar del Peix' for high-quality, low-cost fried fish.
Es Parlament
$16–$21 / €14–€18Old Town · Local chain
Look for the 'Menu del Dia' (3 courses + drink) offered during lunch (13:00–16:00) for the best value.
Pizzico Palma
$4.71–$9.42 / €4–€8City Center · Bakery
Excellent for a quick, high-quality pizza slice while exploring the shopping streets.
Getting Around
Transport costs and the smartest ways to move
The city is well-served by the EMT urban bus network with single tickets at $2.35 / €2, while airport routes A1 and A2 cost $5.89 / €5 per journey. For island exploration, the TIB intercity bus system is the most cost-effective option, especially when using a bank card to tap on and off, which reduces the maximum fare from $11 / €9 down to approximately $6.36 / €5.4.
Accommodation Overview
Hostels offer the most budget-friendly entry point with dorm beds starting at $18 / €15, whereas centrally located mid-range hotels like Ars Magna Bleisure Hotel average around $156 / €132 per night. Luxury seekers can expect to pay upwards of $331 / €281 for design hotels in the Old Town, such as the Nobis Hotel Palma, particularly during the warm months of May through October.
Accommodation Budget in Palma de Mallorca
Budget
Hostels, budget hotels, shared facilities
Mid-Range
3-star hotels, boutique stays, great locations
Luxury
5-star hotels, suites, premium amenities
💡 Prices vary by season. Book 2-3 months ahead for best rates.
Money-Saving Tips
Insider tricks to stretch your budget further
- 1 Use a contactless bank card to tap on and off TIB intercity buses to pay ~$6.36 / €5.4 instead of the $11 / €9 cash fare for long-distance routes.
- 2 Visit the Castell de Bellver on a Sunday when admission is entirely free for all visitors, saving the usual $4.71 / €4 fee.
- 3 Take advantage of the free entry window at the Royal Palace of La Almudaina on Wednesdays and Sundays from 15:00–18:00 for EU and Iberoamerican citizens.
- 4 Look for the 'Menú del Día' at lunch in areas like Santa Catalina to get a three-course meal for significantly less than the $19 / €16 dinner average.
- 5 Avoid the 10–15% terrace supplement (terraza) by sitting inside the restaurant or at the bar, especially on Passeig del Born.
- 6 Order 'cañas' instead of large pints of beer to pay ~$2.12–$2.94 / €1.8–€2.5 per serving rather than the $4.71 / €4 standard price.
- 7 Fill up on fresh seafood and local produce at the seafood stalls in Mercat de l'Olivar for a high-quality, low-cost lunch experience.
- 8 Choose the EMT A1 or A2 bus for $5.89 / €5 rather than a taxi to the city center, which starts at $5.24 / €4.45 plus a ~$3.65 / €3.1 airport surcharge.
- 9 Book the Tren de Sóller combined ticket for $41 / €35 to cover both the vintage train and the tram to the port in one price.
- 10 Buy a local Vodafone Big Yuser SIM card for $18 / €15 in the city center rather than using roaming or buying more expensive 'tourist' plans at the airport.
Seasonal Pricing
When prices rise and fall throughout the year
Jul, Aug
+40–60%
Jan, Feb, Nov
-30–50%
May, Jun, Sep, Oct
Peak prices hit in July and August when beaches are crowded. Visit in May or October for ~22–25°C (72–77°F) weather and ~20% lower hotel rates compared to mid-summer.
Events to Watch
- ● Easter Week (Semana Santa): +30% hotels
- ● Sant Sebastian Festival (mid-Jan): High occupancy in city center
- ● Copa del Rey Sailing (early Aug): Premium prices near marina
Free Things to Do
The best experiences that cost absolutely nothing
- 1 Explore the Llotja de Palma, a stunning example of Gothic civil architecture that is free to enter.
- 2 Wander through the historic Old Town (Casco Antiguo) to see the famous Mallorcan courtyards, many of which are visible from the street.
- 3 Visit the Fundació Joan March in the city center to see a permanent collection of Spanish contemporary art for free.
- 4 Walk along the top of the ancient City Walls (Murada) for panoramic views of the bay and the Cathedral.
- 5 Relax at Parc de la Mar, the large urban park located right below the Cathedral, perfect for photos and strolling.
- 6 Visit the Castell de Bellver on Sundays when the usual $4.71 / €4 admission is waived for everyone.
- 7 Sunbathe or swim at Can Pere Antoni beach, which is within easy walking distance of the city center.
- 8 Enter the Santa Eulàlia Church to admire its high Gothic interior and rose window during non-service hours.
- 9 Stroll the Passeig des Born, the city's most elegant boulevard, for window shopping and people-watching.
- 10 View the exterior of the Cathedral of Santa Maria of Palma at night when it is beautifully illuminated.
- 11 Walk through the gardens of S'Hort del Rei, located next to the Royal Palace, featuring fountains and sculptures.
- 12 Visit the Mercat de l'Olivar to experience the local atmosphere and sights of the island's largest traditional market.
Worth the Splurge
Premium experiences that justify the price tag
Adrian Quetglas Tasting Menu
Michelin-starred cuisine at an accessible price for the 5-course lunch menu (~$65 / €55).
Private Sunset Sailing Charter
Unbeatable views of the Cathedral from the water with drinks and snacks included (~$129 / €110).
Hot Air Balloon Flight over Mallorca
Offers a breathtaking perspective of the Serra de Tramuntana and the coastline.
Popular Activities
Top-rated tours and experiences in Palma de Mallorca
Day Trip Costs
Popular day trips from Palma de Mallorca and what they cost
Valldemossa
$11 / €9 by bus
$14 / €12
$41 / €35
Caves of Drach (Porto Cristo)
$21 / €18 by bus
$22 / €19
$65 / €55
Payment & Money
How to pay and what to know about money
Euro (EUR)
1 € ≈ 1.18 $
Yes
Excellent in shops and restaurants; cash is still preferred in small bakeries and some market stalls.
Not mandatory. Rounding up to the nearest Euro is standard for coffee. For restaurants, a 5–10% tip (~$3.53–$9.42 / €3–€8) is appreciated for good service.
Avoid 'Euronet' ATMs which charge high fees (~$4.71–$7.06 / €4–€6). Use bank ATMs like CaixaBank or BBVA and always choose 'Decline Conversion' to use your home bank's rate.
Connectivity
eSIM: $21–$29 for 10GB (opens in new tab)
Local SIM: $18–$24 / €15–€20 for 50GB+ (Vodafone/Orange)
WiFi: Widely available in cafes, hotels, and public plazas in the Old Town.
A local SIM from Vodafone or Movistar (~$18 / €15) is better value than airport eSIMs if you have 10 minutes to register with a passport.
Why you can trust this guide
35+ countries • 8 years analyzing travel data
Independent developer and travel data analyst based in Prague. 35+ countries visited across Europe and Asia, 8+ years analyzing flight routes, accommodation prices, and seasonal weather patterns.
- All neighborhoods verified by walking them
- Curated locations based on walkability & safety
- Real-time availability via live partner maps
- Prices based on Booking.com & Numbeo averages
Methodology: This guide combines on-the-ground neighborhood research, current hotel pricing data, and real traveler feedback to provide honest, actionable accommodation recommendations for Palma de Mallorca.
Updated: February 16, 2026
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