Daily costs per person in EUR. Palma is more affordable than Barcelona or Ibiza, with excellent food, free beaches, and cheap island transport.
Daily cost breakdown
Currency: EUR (Euro) (1 USD ≈ €0.92)
| Category | Budget | Mid-range | Splurge | Notes |
|---|---|---|---|---|
| Accommodation | €20–40 | €80–150 | €220+ | Hostels → boutique hotels → fincas & luxury hotels |
| Food | €15–25 | €35–55 | €80+ | Markets & cellers → Santa Catalina bistros → Michelin restaurants |
| Transport | €4–8 | €15–30 | €50+ | Bus passes → taxis & day trips → car rental |
| Activities | €0–10 | €15–30 | €50+ | Beaches & walks → museums & caves → boat trips |
| Drinks | €5–10 | €15–25 | €40+ | Bar cañas → wine bars → rooftop cocktails |
| Daily Total | €44–93 | €160–290 | €440+ | $48–101 → $174–316 → $479+ |
Money-saving tips
Free experiences
Cathedral exterior views, Passeig Marítim walk, old town courtyards, Santa Catalina village, public beaches, Bellver Castle grounds (free Sundays), and the Parc de la Mar waterfront park.
Mallorcan food deals
Pa amb oli at market stalls: €3–5. Ensaimada pastries: €2–4. Celler Sa Premsa mains: €10–16. Mercat de l'Olivar counter tapas: €3–6 per plate. A full local lunch under €12 is easy.
Transport
EMT buses cover Palma and nearby beaches — single ticket €2, 10-trip card €12. The TIB bus to Valldemossa is €2.15, to Sóller €5. Palma is very walkable — most sights are within 20 minutes.
Beach budget
All beaches are public and free by law in Spain. Bring your own towel and umbrella. The city beaches (Cala Major, Can Pere Antoni) are just a €2 bus ride from the centre.
Wine & drinks
Mallorcan wines (DO Binissalem) are excellent and cheap — a bottle from €5 in supermarkets. Caña (small beer) at bars: €2–3. Hierbas (Mallorcan herbal liqueur): €2 a glass at traditional bars.
Sóller train alternative
The vintage train costs €25 return but the TIB bus L211 to Sóller is only €5. Take the bus one way and the train the other for the best balance of budget and experience.