Food Prices in Mallorca, Spain Cost of Living in Mallorca Supermarket Tour in Mallorca
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Although Mallorca is one of Spain's most "expensive" regions, the cost of renting a home here is lower than in UK cities. The same is with the buying property prices. Mallorca's property prices are 2-3 lower than in the UK.
Groceries, toiletries, meat, fish and alcohol “I think grocery shopping is reasonable although I believe it is cheaper on the mainland. Shopping around and using your local food market can save you money. Wine is much more reasonable than it is in Germany or England.”
While meal prices in Palma de Mallorca can vary, the average cost of food in Palma de Mallorca is $48 (€45) per day. Based on the spending habits of previous travelers, when dining out an average meal in Palma de Mallorca should cost around $19 (€18) per person.
While shops, lodging and certain activities in town do cost money, they tend to be relatively affordable, and a few activities are even free. When you visit, you'll find plenty to enjoy, such as boating and fishing around the bay.
Why are prices rising in Mallorca? A year on from Russia's invasion of Ukraine, energy and food prices - which surged at the onset of the war - remain high. In Majorca, inflation is currently at 5.8 per cent. The increase in tourism prices can be partly attributed to this global price surge.
Another expense can be a visit to the tourist attractions, where prices can be way over the top with no alternatives available. Take Sa Calobra for example, once you have made your way down to the bay, which is of course a beautiful place and well worthwhile, there is only one restaurant there and of course because of its capture audience situation prices for food and drinks tend to be well above average. So if you are planning a day-trip we recommend taking your own picnic to save yourself some money. The same goes for the airport - restaurant prices are incredible high for average or below average quality so be prepared and bring a snack particularly if travelling with children.
An alternative is to book “all-inclusive”, but as Evaristo puts it: “While all-inclusive holidays may be cheap, I don’t think they offer a long-term solution, as they maintain the island’s image as a package destination while pushing up prices in other areas. Taxi drivers lose fares, restaurants and shops lose business so everyone has to put up prices to cover the cost of living. I think the more independent traveller is going to look at destinations in Eastern Europe and find they offer a lot better value.”
"Money makes the world go around” they say, and there’s certainly a lot of it sloshing around Mallorca – though obviously not everyone gets to see it. Whether or not you find the island expensive largely depends on where you have come from. For those who are used to London, Dusseldorf or Stockholm prices, Mallorca can certainly seem good value. Likewise, the cost of living might seem good to those bringing in a decent ‘European’ salary, but anyone earning more typically Mallorcan wages are likely to be increasingly feeling the pinch. And if you think freelancing is a viable alternative to working in the local economy, the steep monthly autónomo charges might soon make you reconsider…
The first and most pressing issue is housing, which has seen a worrying surge in prices in recent years. Companies such as Airbnb were largely being blamed for pushing up prices, especially around Palma, but the dramatic tightening of regulations on home-sharing platforms in the Mallorcan capital has had little or no discernible effect on rental or property rates. Like many of the world’s popular cities, investment in high-end properties has a knock-on effect through the rest of the market.
Leisure can be another costly outlay, if it involves somewhere that happens to be a tourist attraction. We’ve probably all sat down at a lovely seafront restaurant and opening the menu to eye-watering prices. And this can be true of many businesses taking advantage of a location’s popularity with tourists. Living on the island doesn’t make you exempt from paying tourist prices!
And you can’t forget Mallorca is indeed an island, with all the more complicated and costly logistics involved in getting products here. Those used to living on the mainland, with easy access to all manner of produce year round are often shocked how expensive imported food can be.
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