Study Reveals Spain’s Most Expensive Cities

PALMA has been classed nan 2nd astir costly metropolis to unrecorded successful Spain, conscionable down Barcelona, according to a caller study by nan savings website Kelisto.es. The study shows that nan costs of surviving successful nan Balearic superior is 24.2 per cent higher than nan nationalist average.

Study covers 50 cities and cardinal expenses

The study, which looked astatine 50 provincial capitals arsenic good arsenic Ceuta and Melilla, examined prices crossed 17 products and services, including housing, taxes, family bills, transport, shopping, and leisure.

Housing costs are nan biggest challenge

Housing costs guidelines retired arsenic Palma’s biggest challenge. Buying a location is astir double nan nationalist average, while rental prices are nan steepest successful nan country, astatine 100.3 per cent supra average.

Higher taxes and security adhd to expenses

Residents besides look higher taxes and bills. The metropolis ranks seventh successful Spain for discarded postulation fees and 3rd for conveyance tax, matching Barcelona and Bilbao. Home and car security are besides supra average.

Everyday surviving comes pinch a premium

Everyday expenses are arsenic costly. Palma is nan astir costly metropolis successful Spain for groceries, pinch nutrient prices 5.9 per cent supra nan nationalist average. Fuel is different concern, arsenic petrol costs 7.9 per cent much than elsewhere, making it nan priciest spot successful nan state to capable up.

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