The Cost of Living in Malta

Malta is widely regarded as an affordable country to live in, offering a high quality of life at relatively reasonable prices. However, there are a few factors to keep in mind that could influence the overall cost of living, depending on where you live and what goods or services you need. Here’s a breakdown of what you can expect in terms of living expenses in Malta.

Housing Costs in Malta

Rent is typically one of the largest monthly expenses for residents in Malta. The cost of housing can vary significantly depending on the location and the type of property. For example, if you opt for an older apartment in a less modern area, you might be able to rent it for under 700 euros per month. However, for a newer apartment in a more central location, such as Sliema or St. Julian's, rent can easily exceed 1,500 euros per month. It’s also worth noting that most apartments in Malta come fully furnished, which adds to the rental cost.

Utilities in Malta

The cost of utilities, which includes water, electricity, fuel, and Internet, typically ranges between 150 to 200 euros per month on average. These costs can fluctuate depending on the size of your home, your energy consumption, and your internet service provider.

Transportation Costs

Public transportation in Malta is relatively affordable. A single trip on the bus costs between 1.50 and 3.00 euros, with the price varying depending on the season and the time of day. If you’re a frequent traveler, a monthly subscription to public transportation is available for 39 euros, providing unlimited travel for the duration of the month.

Dining Out and Entertainment Costs

If you enjoy dining out or exploring Malta’s entertainment options, you’ll find that the costs are also quite reasonable, especially outside tourist areas. A typical meal for two people at a mid-range restaurant will set you back around 40 euros. If you’re a fan of local beverages, a pint of beer usually costs about 2 euros, while a coffee typically goes for 3 euros. For those looking to enjoy a night at the movies, a standard ticket will cost around 7 euros.

Grocery Costs

When it comes to groceries, the average monthly cost for a single person is around 200 euros. This cost will vary based on your dietary preferences and shopping habits, but it remains relatively affordable compared to many other European countries.

Overall, Malta is an attractive option for expats looking for a more affordable lifestyle in Europe. While certain imported goods and more central locations can drive up costs, the overall expense of living in Malta remains reasonable. With the right budgeting, you can enjoy the island's Mediterranean charm without breaking the bank.