Palma de Mallorca
Illes Balears · Illes Balears. What a retired American couple would pay in tax here, and how the town scores for daily life.
Liveability62#31 of 252 towns
Tax per year€13,678at €1.7M net wealth, property tax included
Regional tax rank10 of 15Illes Balears, cheapest first
Daily life
Scored from 0 to 100 against the other towns in the Index, with Tertulia's default weights. Strongest on healthcare, climate and governance; weakest on integration, lifestyle and cost of living.
| Healthcare | 92 |
| Connectivity | 60 |
| Climate | 84 |
| Cost of living | 42 |
| Housing | 51 |
| Integration | 34 |
| Lifestyle | 36 |
| Aging & care | 60 |
| Safety | 50 |
| Governance | 75 |
- Nearest general hospital: in town · 16 hospitals within 30 km
- Nearest private general hospital: in town
- Nearest hospital with an international patient service: in town
- About 4.6 hours to board a flight to the United States, connecting via PMI
- About 17 places in private care homes per 1,000 residents aged 65+ within 30 km
- Private health insurance: about €266 a month at 65, no co-payments
Tax
Income tax, wealth tax and the solidarity tax are set by the region, so they are the same in every town in Illes Balears. Property tax (IBI) is the town's own. Figures for a couple aged 65 to 74, €90,000 a year in income and a €500,000 home:
| Net wealth | Regional tax | Property tax | Per year |
|---|---|---|---|
| €1.7M | €12,565 | €1,113 | €13,678 |
| €3.0M | €12,565 | €1,113 | €13,678 |
| €5.0M | €12,565 | €1,113 | €13,678 |
Your own figures change the result: enter them on the Index.
Other towns in Illes Balears
- Calvià 63.5 · #13
- Manacor 61.5 · #36
- Inca 58.8 · #66
- Llucmajor 57.7 · #85
- Marratxí 57.1 · #90
- Eivissa 55.7 · #115
Read about Palma de Mallorca on Wikipedia. Figures from Engine v4.1; how they are built is on the Method page.