Susan MeierWhen considering a move abroad, the cost of living is usually one of the first things on your mind. It is a crucial factor to weigh up before relocating to Malta. Depending on where you are moving from, the island might seem either surprisingly affordable or somewhat pricier. However, the real key is balancing these costs against your income and your lifestyle expectations. In this article, we’ll take a closer look at the everyday costs of life in Malta.
Rent
Most expats moving to Malta start by renting a property. As with any country, rental prices depend heavily on location—popular, central areas command a premium. Many international residents gravitate towards Sliema or St. Julian’s, as these towns offer the best nightlife and host a high concentration of business offices.
A one or two-bedroom apartment in these prime locations will typically cost at least €600 – €700 per month, though prices can climb significantly higher depending on the finish and exact location. Flat-sharing is naturally a more affordable alternative. If you are willing to look beyond these central hubs, rents drop considerably; it is often possible to find apartments starting from around €500 per month in quieter towns.
Dining Out
As a popular tourist destination, Malta boasts a vast array of restaurants catering to every taste. You can still find plenty of places offering excellent food at reasonable prices. Expect to pay around €15 - €20 for a decent meal including a drink, though this represents the lower end of the spectrum. Of course, there is no shortage of high-end restaurants offering fine dining experiences in a more exclusive atmosphere if you are looking to splurge.
Healthcare
If you are employed in Malta, your healthcare is covered by social security contributions, which are automatically deducted from your salary. Residents are entitled to free treatment at public health centres and the main general hospital, Mater Dei.
Alternatively, you can opt for private health insurance or visit a doctor as a private patient. Without insurance, you will need to pay for these private visits out of pocket. A convenient and popular option for minor ailments is seeing a GP at a local pharmacy, where a consultation typically costs between €15 and €20.
Groceries
Since Malta is an island nation, a significant amount of produce is imported from the European mainland. However, locally grown fruit and vegetables are widely available and are often cheaper than imported goods.
Your grocery bill will vary depending on your shopping habits and brand preferences. Shopping at larger supermarkets is generally much cheaper than relying on small corner shops. Discount chains like Lidl are well-established on the island. While you might find food prices slightly higher than in some other countries, the difference is generally manageable when earning a local salary.
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