The reasons why people choose to move to Spain are manifold, but the promise of living cheaper is certainly one of them. Many, however, get a shock when they arrive on Mallorca and discover not everything is as inexpensive as they might have hoped…

Looking to leave the UK four years ago, we were seduced by the sunny climes of the island, its buzzing capital, and what we assumed would be a life lighter on the pocket. We soon upped sticks and settled into our palatial apartment right in the centre of historic Palma, for substantially less that our ‘cosy’ one-bedroom in the London ‘burbs. Arriving with a small child, it turned out nursery costs, too, were a snip in comparison to the eye-watering fees you would pay at home. Working remotely for pounds sterling with a favourable exchange rate (this was pre-Brexit vote) also meant pay went further. Everything seemed rosy.

Soon, however, the economic reality began to creep in. Gas and electric bills were inexplicably high, health insurance was required for the whole family (while still non-residents), and even groceries, too, seemed to offer little or no saving on what we were used to. Our hopes of ‘living cheaper’ here were dashed.

Add the fact that rental prices have shot up here in recent years, and it all starts looking less of a bargain. But it shouldn’t really be a surprise. For one, being an island means almost everything has to be imported by sea or air. Secondly, it’s historically a destination that has attracted those with plenty of disposable income, so that inevitably pushes up prices in some areas – especially in the real estate sector. Tourism can also play its part, with obvious costs such as car hire and plane tickets soaring over the summer season.


Please enter your comment!
Please enter your name here