Cost of Living in Malta
When it comes to living in Europe, Malta is one of the more affordable places you can hang your hat. You’ll spend a little bit more on things like bottled water (Malta’s water is safe to drink, but the taste is not that good, so everyone buys bottled or filters their water), but otherwise the cost of living in Malta is comparable to, or lower than, other European countries.
Cost of living will vary depending on where you want to live and your lifestyle, but in general expenses here run low. Rent for a one-bedroom apartment—even those just a short walk to the seaside—averages around $750 to $800 per month. Groceries are inexpensive, with basic items such as bread costing around 35 cents. Dinner out for two at a nice mid-range restaurant, including a glass of wine, can cost about $50.
Full-day bus tickets cost less than $2 each (and 30-day bus tickets cost $28),
Groceries—even from organic or health food stores—cost less than $500 per month according to one self-described health-conscious couple living in Sliema. For senior residents, things are even more affordable, with 50-cent all-day bus passes and free ferry rides.
And for those who’d like to buy property, purchase prices tend to run reasonable, too. A beautiful three- bedroom, two-bathroom sea front apartment with a large combined living area overlooking Xlendi bay is listed for $358,000. And, of course, smaller properties cost less.
|Rent (one-bedroom apartment in Marsaxlokk)||$800|
|Utilities (including phone, electric, water, internet, and cable TV)||$240|
|Transportation (Taxis, buses etc.)||$50|
|Dining out and entertainment/hobbies||$250|
|Maid service (four half-days per month)||$141|