Cost of Living in Malta
Last updated on Feb 08, 2024
Summary: The cost of living in Malta is generally considered to be quite reasonable. A nice one bedroom apartment in Malta can cost anywhere from $500 to $1,000 per month, while a nice two bedroom apartment can cost from $800 to $1,500 per month. The cost of dinner at a moderately priced restaurant in Malta is usually around $20 per person.
Is the cost of living in Malta high?
We asked people how much they someone comfortably live on in Malta, they wrote:
"The cost of living in Malta is generally considered to be quite reasonable. Prices for basic necessities such as food, transportation, and housing are generally lower than in other European countries. However, the cost of living can vary depending on the area and lifestyle. For example, rent in the capital city of Valletta is typically more expensive than in other parts of the country. Additionally, the cost of entertainment and leisure activities can be quite high, especially in the more touristy areas," said one expat in Malta.
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Will I save money living in Malta?
"Living in Malta can be more affordable than living in the United States. The cost of living in Malta is generally lower than in the US, with rent, groceries, and utilities all being more affordable. Additionally, Malta has a lower tax rate than the US, which can help to reduce overall expenses," said one expat in Malta.
What is the average cost of housing in Malta?
If you are thinking about moving to Malta, cost of living in probably a key consideration. Expats commented about the cost of housing:
"Rent is about half the price of Dublin, and you get more bang for your buck. Properties for sale are more expensive than you might expect, although still cheaper than Ireland," explained one expat living in Malta.
"The cost of housing in Malta is generally quite high, with the average price for a two-bedroom apartment in the capital city of Valletta ranging from €1,000 to €2,000 per month. Prices for larger apartments and houses can be significantly higher," said one expat in Malta.
What are typical rental prices for expats in Malta?
"The rental price for a nice 1 bedroom apartment in Malta can range from around $800 to $1,200 per month, while a nice 2 bedroom apartment can range from around $1,200 to $1,800 per month," commented one expat who moved to Malta.
What appliances are typically included in a rental?
We asked foreigners in Malta what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Malta typically include a refrigerator, stove, oven, and washing machine. Depending on the property, other appliances such as a dishwasher, microwave, and air conditioning may also be included," mentioned one expat in Malta.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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