70% of a family's salary goes only to basic expenses, according to Consubal
The price of housing, the shopping basket, and the increase in energy costs place the cost of living 15% above the state average
PalmaThe cost of living in the Balearic Islands continues to pressure family economies. An average family of three members has to allocate nearly 70% of their salary to cover basic expenses, according to data from the Confederation of Consumers and Users of the Balearic Islands (Consubal), which warns of the growing vulnerability of many households in the archipelago.
The consumer defense organization points out that the main factor of this imbalance is the price of housing, which doubles the usual recommendation of not allocating more than 30% of income to rent or mortgage payments. Added to this is a shopping basket that is 15% above the state average.
According to data corresponding to April 2026, the minimum monthly expense to cover basic food and hygiene products amounts to 532.50 euros.
Consubal also points out that the rise in electricity and fuel prices further aggravates the situation, to the point that many families have difficulty making ends meet. The cost of living in the islands, they add, is further conditioned by transport and by the high pressure of tourist demand, which strains prices in various essential sectors.