Rent in Palma vs Tarragona
Illes Balears · Illes Balears — Tarragona · Catalunya · INE data 2026
Renting in Tarragona is 26% cheaper than in Palma. The difference is €170/month — a saving of €2,040 per year.
€819/month in Palma vs €649/month in Tarragona. National average: €648/month.
Context
Palma (Illes Balears) and Tarragona (Catalunya) represent two rental markets from different Spanish autonomous communities. Tarragona is the more affordable option, saving €170/month compared to Palma. Unemployment in Tarragona (8.3%) is higher than in Palma (4.3%), which may affect rental demand and purchasing power.
Estimated rent
Palma
819€/month
Tarragona
649€/month
Annual change
Palma
+3.4%
Tarragona
+2.6%
INE index (base 2015=100)
Palma
126.0
Tarragona
118.0
vs national average
Palma
+171€
Tarragona
+1€
Population
Palma
434,786
Tarragona
143,649
Per capita income
Palma
16,181€
Tarragona
15,847€
Rent-to-income ratio
Palma
60.7%
Tarragona
49.1%
Where is it better to rent?
In terms of rent, Tarragona is the more affordable option at €649/month, 26% less than Palma (€819/month). Living in Tarragona saves €2,040 per year compared to Palma.
Palma
Illes Balears · Illes Balears
819€/month
View full profile →
Tarragona
Tarragona · Catalunya
649€/month
View full profile →
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 →