Rent in Palma vs Vitoria-Gasteiz

Illes Balears · Illes BalearsÁlava · País Vasco · INE data 2026

Renting in Vitoria-Gasteiz is 9% cheaper than in Palma. The difference is €65.10000000000002/month — a saving of €781.2 per year.

€819/month in Palma vs €753.9/month in Vitoria-Gasteiz. National average: €648/month.

Context

Palma (Illes Balears) and Vitoria-Gasteiz (País Vasco) represent two rental markets from different Spanish autonomous communities. Vitoria-Gasteiz is the more affordable option, saving €65.10000000000002/month compared to Palma. Unemployment in Vitoria-Gasteiz (10.7%) 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

Vitoria-Gasteiz

753.9€/month

Annual change

Palma

+3.4%

Vitoria-Gasteiz

+0.4%

INE index (base 2015=100)

Palma

126.0

Vitoria-Gasteiz

133.4

vs national average

Palma

+171€

Vitoria-Gasteiz

+105.89999999999998€

Population

Palma

434,786

Vitoria-Gasteiz

260,699

Per capita income

Palma

16,181€

Vitoria-Gasteiz

17,982€

Rent-to-income ratio

Palma

60.7%

Vitoria-Gasteiz

50.3%

Where is it better to rent?

In terms of rent, Vitoria-Gasteiz is the more affordable option at €753.9/month, 9% less than Palma (€819/month). Living in Vitoria-Gasteiz saves €781.2 per year compared to Palma.

Palma

Illes Balears · Illes Balears

819/month

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Vitoria-Gasteiz

Álava · País Vasco

753.9/month

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Cost of living guides

More comparisons with Palma

INE

Official source

Instituto Nacional de Estadística

Organismo estadístico oficial del Estado español

www.ine.es View source →