Rent in Palma vs Salamanca
Illes Balears · Illes Balears — Salamanca · Castilla y León · INE data 2026
Renting in Salamanca is 69% cheaper than in Palma. The difference is €333/month — a saving of €3,996 per year.
€819/month in Palma vs €486/month in Salamanca. National average: €648/month.
Context
Palma (Illes Balears) and Salamanca (Castilla y León) represent two rental markets from different Spanish autonomous communities. Salamanca is the more affordable option, saving €333/month compared to Palma. Unemployment in Salamanca (11.6%) 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
Palma
819€/month
Salamanca
486€/month
Annual change
Palma
+3.4%
Salamanca
+2%
INE index (base 2015=100)
Palma
126.0
Salamanca
113.0
vs national average
Palma
+171€
Salamanca
-162€
Population
Palma
434,786
Salamanca
146,110
Per capita income
Palma
16,181€
Salamanca
15,319€
Rent-to-income ratio
Palma
60.7%
Salamanca
38.1%
Where is it better to rent?
In terms of rent, Salamanca is the more affordable option at €486/month, 69% less than Palma (€819/month). Living in Salamanca saves €3,996 per year compared to Palma.
Palma
Illes Balears · Illes Balears
819€/month
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Salamanca
Salamanca · Castilla y León
486€/month
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Cost of living guides
More comparisons with Palma
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →