Rent in Palma vs Torrejón de Ardoz
Illes Balears · Illes Balears — Madrid · Comunidad de Madrid · INE data 2026
Renting in Palma is 17% cheaper than in Torrejón de Ardoz. The difference is €173/month — a saving of €2,076 per year.
€819/month in Palma vs €992/month in Torrejón de Ardoz. National average: €648/month.
Context
Palma (Illes Balears) and Torrejón de Ardoz (Comunidad de Madrid) represent two rental markets from different Spanish autonomous communities. Palma is the more affordable option, saving €173/month compared to Torrejón de Ardoz. Unemployment in Torrejón de Ardoz (8.2%) 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.
Illes Balears
Madrid
Estimated rent
Palma
819€/month
Torrejón de Ardoz
992€/month
Annual change
Palma
+3.4%
Torrejón de Ardoz
+2.1%
INE index (base 2015=100)
Palma
126.0
Torrejón de Ardoz
116.7
vs national average
Palma
+171€
Torrejón de Ardoz
+344€
Population
Palma
434,786
Torrejón de Ardoz
143,526
Per capita income
Palma
16,181€
Torrejón de Ardoz
14,463€
Rent-to-income ratio
Palma
60.7%
Torrejón de Ardoz
82.3%
Where is it better to rent?
In terms of rent, Palma is the more affordable option at €819/month, 17% less than Torrejón de Ardoz (€992/month). Living in Palma saves €2,076 per year compared to Torrejón de Ardoz.
Palma
Illes Balears · Illes Balears
819€/month
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Torrejón de Ardoz
Madrid · Comunidad de Madrid
992€/month
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Cost of living guides
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Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →