Cost of Living in Malta

Despite performing better than much of the Eurozone, Malta has not been immune to the financial market and the Maltese have felt some strain.

The prices of goods and services have steadily risen but salary increases have failed to keep pace.

The cost of living in Malta is lower than cities like London and Paris, but average incomes are also lower than the European average.

Cost of accommodation in Malta

Valletta, the Maltese capital, and Sliema are popular with expats. They offer resorts, retail shops and modern housing, and are more expensive and populated than other areas. Within the cities, rent becomes cheaper further away from the city centre.

It’s possible to find a modern, furnished property with a small garden and one to three bedrooms at better value for money in Malta than in major European destinations such as the UK. Utilities are also less expensive, and most rentals are furnished.

Cost of food and clothing in Malta

Local products are cheaper than imported brands, and supermarkets are cheaper than smaller grocery stores. Produce from roadside markets is cheap as well as fresh. Eating out in Malta is slightly cheaper than much of Europe.

The cost of clothing is on par with the rest of Europe, and expats will be able to find many of the same designers and brands. Since Sliema and Valletta cater to tourists and expats, high-end clothing shops and small retail stores are easy to find.

Cost of healthcare and education in Malta

Malta has been recognised by the World Health Organization for offering some of the best healthcare in the world. Health insurance costs are reasonable.

Expats have access to free public schooling in Malta. Private schools are popular but expensive.