Rent price in Sant Josep de sa Talaia
Illes Balears · Illes Balears
Estimated rent · IPVA 2023
Net income
17.8k€
per capita/yr
Unemployment
1.9%
SEPE
Population
29,761
residents
Rent in Sant Josep de sa Talaia stands at €794/month in 2023 per the INE IPVA, a +2.7% year-on-year change. Since 2020 prices have risen 8.6%, placing it €2 above the Illes Balears provincial average (€792/month).
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National market context
National rank
#156
out of 748 municipalities
vs Illes Balears
+2€
region avg: €792
Trend vs Spain
+0.4%
avg: 2.3%
Trend vs region
-0.5%
region avg: €3.2
Sant Josep de sa Talaia ranks 156 out of 748 municipalities in the INE rent price index. It is close to the Illes Balears average (€792/month).
Rent price evolution
Estimated monthly rent in Sant Josep de sa Talaia (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
17.830€
per year · INE Atlas
Average household income
50.156€
per year
Rent-to-income ratio
53.4%
of per capita income
Average gross salary
29.075€
per year · Illes Balears
Rent-to-salary ratio
32.8%
of annual gross salary
The national average effort is 55.4% of per capita income. Sant Josep de sa Talaia is 2 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Illes Balears average.
Registered unemployment
Estimated unemployment rate
1.9%
of estimated active population
Registered unemployed
351
people
Annual change
+3.8%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Sant Josep de sa Talaia?
With rent at €794/month, the recommended salary (30% rule) is €47,000 gross/year.
Recommended salary
47,000€
gross / year
Rent
794€
/ month
Real avg income
17,830€
net / year
Enter your gross annual salary to see what rent in Sant Josep de sa Talaia means for your budget.
What would a mortgage cost in Sant Josep de sa Talaia?
For a €160,000 property (estimated from current rent), the monthly payment would be €641 over 25 years at 3.5%. You need €48,000 for the down payment and costs (20% + 10%). Based on average incomes in Sant Josep de sa Talaia, saving that amount would take around 3.2 years.
What does it cost to live in Sant Josep de sa Talaia?
Rent is €794/month. With average food, transport and utilities, the estimated cost of living is €1,564/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
Climate
Monthly max & min temperature (°C) · 2015–2024 normals
Source: Open-Meteo · ERA5 reanalysis (ECMWF)
Rent index evolution
| Year | INE IPVA Index | Estimated rent |
|---|---|---|
| 2023 | 122.140 | 794€ |
| 2022 | 118.977 | 773€ |
| 2021 | 114.548 | 745€ |
| 2020 | 112.466 | 731€ |
Frequently asked questions
How much does it cost to rent in Sant Josep de sa Talaia?
The estimated rent in Sant Josep de sa Talaia is €794/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Sant Josep de sa Talaia?
Rent in Sant Josep de sa Talaia has risen by 2.7% compared to the previous year, per the INE IPVA index.
Is Sant Josep de sa Talaia expensive to rent compared to the national average?
Yes, rent in Sant Josep de sa Talaia (€794/month) is 23% above the national average (€648/month).
How much do you need to earn to live in Sant Josep de sa Talaia?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €32000 net per year to live in Sant Josep de sa Talaia with a rent of €794/month.
What would a mortgage cost in Sant Josep de sa Talaia?
For an estimated property price of €160,000 in Sant Josep de sa Talaia (based on current rent of €794/month), the monthly mortgage payment would be €641 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €48,000 (20% down + ~10% costs).
Illes Balears province
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Want to compare Sant Josep de sa Talaia with another municipality?
Rent, income, population and more, side by side.
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →Methodology
Data comes from the Housing Rental Price Index (IPVA) published by Spain's National Statistics Institute (INE), with base 100 in 2015. The estimated rent is calculated by applying the index to the median reference price for the province in 2015.
Source: INE IPVA base 2015=100 · INE code: 07048