Rent in Cartagena vs Palma

Murcia · Región de MurciaIlles Balears · Illes Balears · INE data 2026

Renting in Cartagena is 35% cheaper than in Palma. The difference is €288/month — a saving of €3,456 per year.

€531/month in Cartagena vs €819/month in Palma. National average: €648/month.

Context

Cartagena (Región de Murcia) and Palma (Illes Balears) represent two rental markets from different Spanish autonomous communities. Cartagena is the more affordable option, saving €288/month compared to Palma. Unemployment in Cartagena (11.1%) is higher than in Palma (4.3%), which may affect rental demand and purchasing power. On the rent trend, Palma records an annual change of +3.4%, the more pronounced of the two.

Estimated rent

Cartagena

531€/month

Palma

819€/month

Annual change

Cartagena

+2.1%

Palma

+3.4%

INE index (base 2015=100)

Cartagena

115.5

Palma

126.0

vs national average

Cartagena

-117€

Palma

+171€

Population

Cartagena

220,704

Palma

434,786

Per capita income

Cartagena

13,126€

Palma

16,181€

Rent-to-income ratio

Cartagena

48.5%

Palma

60.7%

Where is it better to rent?

In terms of rent, Cartagena is the more affordable option at €531/month, 35% less than Palma (€819/month). Living in Cartagena saves €3,456 per year compared to Palma.

Cartagena

Murcia · Región de Murcia

531/month

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Palma

Illes Balears · Illes Balears

819/month

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Cost of living guides

More comparisons with Cartagena

INE

Official source

Instituto Nacional de Estadística

Organismo estadístico oficial del Estado español

www.ine.es View source →