Cost of Living in Malta

Calculate your monthly living costs in destinations worldwide Complete guide for digital nomads and remote workers.

# Comprehensive Cost Guide for Malta

Living in Malta can be an exciting experience, with its rich history, stunning landscapes, and vibrant culture. To help you plan your budget effectively, we have compiled a detailed cost guide covering various aspects of living expenses in Malta. Please note that all prices are quoted in Euro, the official currency of Malta.

## Housing Costs

### 1-Bedroom Apartment Rentals by Region: - Valletta: €800 - €1,200 per month - Sliema: €700 - €1,000 per month - St. Julian's: €600 - €900 per month - Msida: €500 - €800 per month - Bugibba: €400 - €700 per month

## Data/SIM Costs

Getting a local SIM card in Malta is relatively affordable. You can expect to pay around €10 - €20 for a SIM card with data included. Mobile data packages range from €10 to €30 per month, depending on the data allowance and network provider.

## Food Expenses

### Groceries: - Milk (1 litre): €1 - €1.50 - Loaf of Bread: €0.80 - €1.50 - Rice (1kg): €1 - €2 - Eggs (12): €2 - €3 - Chicken Breast (1kg): €5 - €8 - Apples (1kg): €2 - €3 - Bananas (1kg): €1 - €2 - Local Cheese (1kg): €8 - €12 - Water (1.5 litre bottle): €0.50 - €1

### Dining Out: - Meal at an inexpensive restaurant: €10 - €15 - Three-course meal at a mid-range restaurant for two: €40 - €60 - Cappuccino: €2 - €3 - Local Beer (0.5 litre): €2 - €4 - Bottle of Wine: €7 - €15

## Transport Costs

### Public Transport: - Single bus ticket: €1.50 - Weekly bus pass: €21 - Monthly bus pass: €49

### Fuel: - Petrol (1 litre): €1.40 - €1.60 - Diesel (1 litre): €1.30 - €1.50

## Coworking Rates

If you're looking for coworking spaces in Malta, here are some indicative prices: - Hot Desk: €100 - €200 per month - Dedicated Desk: €200 - €300 per month - Private Office: €300 - €500 per month

## Lifestyle Expenses

### Entertainment: - Movie ticket: €7 - €10 - Fitness Club/Gym: €30 - €50 per month - Yoga/Pilates Class: €10 - €15 per session

### Clothing: - Pair of jeans: €30 - €50 - Summer dress: €20 - €40 - Running shoes (Nike/Adidas): €60 - €100

## Healthcare Costs

Malta has a public healthcare system, but many residents opt for private healthcare services for faster access and more choice. Here are some approximate costs: - Doctor's consultation: €40 - €60 - Dental check-up: €30 - €50 - Prescription medication: varies

## Regional Differences

Malta's cost of living can vary depending on the region. Urban areas like Valletta and Sliema tend to have higher rental prices and overall expenses compared to smaller towns like Bugibba or Marsaxlokk. It's essential to consider the location when budgeting for your expenses.

## Budget Tiers

### Budget Traveler: - Accommodation: €400 - €600 per month - Food: €200 - €300 per month - Transport: €50 - €100 per month - Total: €650 - €1,000 per month

### Moderate Spender: - Accommodation: €800 - €1,200 per month - Food: €300 - €500 per month - Transport: €100 - €150 per month - Total: €1,200 - €1,850 per month

### Comfortable Living: - Accommodation: €1,200+ per month - Food: €500+ per month - Transport: €150+ per month - Total: €1,850+ per month

## Conclusion

Living in Malta offers a unique blend of Mediterranean charm and modern convenience. By understanding the costs associated with housing, food, transport, coworking spaces, lifestyle expenses, healthcare, regional differences, and budget tiers, you can better plan your finances and make the most of your time in this beautiful island nation. Remember to adjust these estimates based on your personal preferences and lifestyle choices.

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