Rent in Alacant/Alicante vs Palma
Alicante/Alacant · Comunitat Valenciana — Illes Balears · Illes Balears · INE data 2026
Renting in Alacant/Alicante is 21% cheaper than in Palma. The difference is €176/month — a saving of €2,112 per year.
€643/month in Alacant/Alicante vs €819/month in Palma. National average: €648/month.
Context
Alacant/Alicante (Comunitat Valenciana) and Palma (Illes Balears) represent two rental markets from different Spanish autonomous communities. Alacant/Alicante is the more affordable option, saving €176/month compared to Palma. Unemployment in Alacant/Alicante (14.3%) is higher than in Palma (4.3%), which may affect rental demand and purchasing power.
Alicante/Alacant
Illes Balears
Estimated rent
Alacant/Alicante
643€/month
Palma
819€/month
Annual change
Alacant/Alicante
+3.4%
Palma
+3.4%
INE index (base 2015=100)
Alacant/Alicante
121.3
Palma
126.0
vs national average
Alacant/Alicante
-5€
Palma
+171€
Population
Alacant/Alicante
366,221
Palma
434,786
Per capita income
Alacant/Alicante
13,681€
Palma
16,181€
Rent-to-income ratio
Alacant/Alicante
56.4%
Palma
60.7%
Where is it better to rent?
In terms of rent, Alacant/Alicante is the more affordable option at €643/month, 21% less than Palma (€819/month). Living in Alacant/Alicante saves €2,112 per year compared to Palma.
Alacant/Alicante
Alicante/Alacant · Comunitat Valenciana
643€/month
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Palma
Illes Balears · Illes Balears
819€/month
View full profile →
Cost of living guides
More comparisons with Alacant/Alicante
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →