Living in Mallorca: pros and cons, best areas and cost of living

In this article, we give you top tips if you're thinking aboiut moving to Mallorca, from the best areas to the cost of living

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Editorial Team

19 April 2024, 9:00

Many dream about living on Mallorca for its superb climate, dreamlike landscapes and great quality of life. However, you should consider several aspects before deciding to move to this Balearic island. In this article, we will explore the pros and cons of life on Mallorca, the best areas to settle and the cost of living associated with this charming destination, which offers a wide variety of settings.

What is living on Mallorca like? Pros and cons

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Living on Mallorca is a mixed bag of experiences, with aspects that can be both pros and cons.

Mallorca's Mediterranean climate guarantees warm summers and mild winters, ideal for those who love the sun and being outdoors.
The island has an impressive cultural and natural wealth, with its historical heritage and its paradisiacal coves.
The well-established international community helps newcomers integrate quickly, especially expats.
The island has a wide range of restaurants, bars and clubs, as well as cultural events throughout the year.
There are numerous international and local schools, which is a plus for children's education.
Mallorca's health services are high quality with access to both public healthcare and private options.

On the other hand, the drawbacks of living on Mallorca can be significant for some, so they should also be taken into account before making any decision.

The cost of living is high compared to other regions in Spain, especially when it comes to renting and buying a home.
During the high tourist season, the island becomes saturated, which can translate into more traffic and finding it hard to enjoy the tranquillity that many seek.
The local economy depends on tourism, which can mean limited job opportunities.

The best areas to live in Mallorca

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Mallorca's towns and cities are as diverse as its landscapes.

Palma

Palma is the heart of the island, offering a vibrant urban lifestyle with all the amenities and services you could wish for. Here, nightlife, culture and history intertwine in the narrow streets of the old city and near its iconic cathedral. However, the population density and fast pace could be a factor if you prefer a quieter environment.

Valldemossa

Valldemossa is an idyllic option for those looking for a refuge in the Sierra de Tramuntana, a UNESCO World Heritage Site. This area offers an escape from the hustle and bustle, with stunning views and a deeper connection to nature. Although tranquillity is a great attraction, it is important to keep in mind that services may be more limited compared to the capital.

Alcúdia

Alcúdia is an unbeatable destination for sea lovers. This coastal enclave combines fine sand beaches with ample family leisure activities and a wide range of tourist services. Life here is a perfect balance between relaxation and activity, ideal for those who want to enjoy the Mediterranean without giving up mod-cons.

Santa Ponsa

Finally, for those seeking exclusivity and luxury, the southwest of the island, with areas such as Santa Ponsa, offers high-end villas and prestigious yacht clubs. Although this area is associated with a higher cost of living, it is also synonymous with quality and excellence, with access to some of the best services and establishments in Mallorca.

Is living on Mallorca expensive? Cost of living

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The economic issue is a determining factor when considering moving anywhere new, and Mallorca is no exception. Although the island is known for its high quality of life, it is important to analyse the cost associated with this level of well-being. The cost of living in Mallorca can be higher than in other regions of Spain, influenced by its island status and the high tourist interest that increases demand and, therefore, prices in various sectors.

To better illustrate the situation, it is useful to break down the average expenses that a person could face on the island.

Rent can range between €700 and €1,500 for a one- or two-bedroom flat in medium-demand areas.
As for shopping, a monthly budget of €200 to €300 would be reasonable for a balanced diet, excluding eating out or entertainment.
Basic services such as water, electricity and gas can add about €100 to €150 per month, depending on how much you use and the time of year.

Of course, these numbers are approximate and can vary widely depending on each person's lifestyle. Someone who prefers to dine out frequently or enjoy leisure activities, such as sailing or golf, would need to budget for a considerably higher expense. On the other hand, those who opt for a more modest lifestyle and take advantage of local resources, such as farmers markets, might find living in Mallorca more affordable than expected.

Living in Mallorca and working in Ibiza: is it possible?

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Living on Mallorca and working on Ibiza is an option that some consider, given that the islands are so close to each other and the job opportunities that may arise. This option requires careful planning and consideration of various factors, such as transportation schedules, how often you plan to travel, and how much it could impact your quality of life. Regular ferry or plane trips are feasible, but it is crucial to evaluate the long-term sustainability of this lifestyle.

Remote working has become more popular and could be a viable solution for those who want to enjoy the tranquillity of Mallorca while maintaining professional commitments in Ibiza. However, this depends largely on the sector and the nature of the employment. Independent professionals or those whose companies allow remote work may find this option an efficient way to balance work and personal life.

Mallorca versus Ibiza: cost of living

If you want to make a comparison, the average price of homes for sale on Ibiza as of October 2023 was €5,976 per square metre. You can see the numbers and trends by clicking here:

Living in Mallorca with children

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Deciding to move to Mallorca with children is an important step that involves numerous considerations, especially about education, leisure and safety. Fortunately, Mallorca is an island that offers an ideal environment for children's education and free time.

Mallorca has a wide range of educational options that include both public and highly prestigious international schools.
Outdoor living, with access to beaches and natural parks, offers families a healthy and active environment.
The island's infrastructure and services are designed for family well-being, such as hospitals, health centres and a wide variety of extracurricular and sports activities.
Safety is another of Mallorca's strong points, being perceived as a safe place to raise children, with a low crime rate compared to other regions.

Choosing the right area to live with children, the feasibility of working on Ibiza while residing in Mallorca and other factors must be carefully analysed. Each person or family will have different priorities that will influence their final decision. It is crucial to consider all the variables and how they align with your needs and lifestyle to make Mallorca not just a place of residence, but a real home.