Good to know · Money

Wages, minimum wage and cost of living

The 2026 national minimum wage (SMI) is reported at 1,221 EUR per month in 14 payments (Real Decreto 126/2026); regional statistics are published by the Govern.

Why it matters

Local wages versus high housing costs shape your budget.

When

When assessing job offers or budgeting.

Official page

Open-data catalogue: coste salarial and coste laboral (Balears)

Last checked

7 Oct 2026