Rent in Palma vs Terrassa
Illes Balears · Illes Balears — Barcelona · Catalunya · INE data 2026
Renting in Palma is 11% cheaper than in Terrassa. The difference is €97/month — a saving of €1,164 per year.
€819/month in Palma vs €916/month in Terrassa. National average: €648/month.
Context
Palma (Illes Balears) and Terrassa (Catalunya) represent two rental markets from different Spanish autonomous communities. Palma is the more affordable option, saving €97/month compared to Terrassa. Unemployment in Terrassa (9.5%) is higher than in Palma (4.3%), which may affect rental demand and purchasing power.
Estimated rent
Palma
819€/month
Terrassa
916€/month
Annual change
Palma
+3.4%
Terrassa
+2.7%
INE index (base 2015=100)
Palma
126.0
Terrassa
124.9
vs national average
Palma
+171€
Terrassa
+268€
Population
Palma
434,786
Terrassa
233,270
Per capita income
Palma
16,181€
Terrassa
15,337€
Rent-to-income ratio
Palma
60.7%
Terrassa
71.7%
Where is it better to rent?
In terms of rent, Palma is the more affordable option at €819/month, 11% less than Terrassa (€916/month). Living in Palma saves €1,164 per year compared to Terrassa.
Palma
Illes Balears · Illes Balears
819€/month
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Terrassa
Barcelona · Catalunya
916€/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 →