70% of a family's salary is spent only on basic expenses, according to Consubal

PalmThe cost of living in the Balearic Islands continues to put pressure on 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 for 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 for April 2026, the minimum monthly expense to cover basic food and hygiene products amounts to 532.50 euros.

Consubal also points out that the increase in the price of electricity and fuel further aggravates the situation, to the point where many families have difficulty making ends meet. The cost of living on the islands, they add, is also conditioned by transport and the high pressure of tourist demand, which strains prices in various essential sectors.