Cost of living in Malta

The reasonable cost of living in Malta is one of the archipelago's major drawcards. While it's true that Maltese salaries are significantly lower than in other parts of Europe, so is the cost of living, evening out into a comfortable and affordable lifestyle.

Valletta, the Maltese capital, and Sliema are popular with expats. They offer resorts, retail shops and modern housing and are generally pricier and more populated than other areas.

Cost of accommodation in Malta

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

Expats should choose where they want to live carefully, as their decision can be the difference between affordable and expensive rental costs. Accommodation in smaller outlying towns is cheaper than in major cities. In larger cities, the city centre will have the highest rental costs, with prices decreasing the further away one moves from the centre. Newer property developments are also more expensive than older homes. That said, these will typically require less maintenance.

Thanks to Malta's gorgeous weather throughout the year, the cost of utilities is fairly low, as there is little to no need for heating during the winter months. The summer months will require air conditioning though.

Cost of groceries in Malta

The cost of groceries in Malta is similar to other parts of Europe, and this is largely because some products have to be imported. Nonetheless, expats can still save by purchasing local products, as these are cheaper than imported brands.

Supermarkets are more affordable than smaller grocery stores. Produce from roadside markets and farmers' markets is inexpensive and fresh.

Cost of entertainment and eating out in Malta

While eating out in Malta is cheaper than in much of Europe, the cost has risen in recent years as a result of its growing expat population. Restaurants aimed at locals are moderately priced, while entertainment in tourist areas is less budget-friendly.

Expats can enjoy outdoor activities such as swimming, snorkelling and kite surfing at low costs, while there are also opportunities for art and culture buffs to explore the museums, visit the cinema or party the night away at a club for a reasonable fee.

Cost of education in Malta

Public education in Malta is free, including transport and textbooks. The curriculum is modelled on the British education system, but the language of instruction is Maltese. As a result, many expats enrol their children in private or international schools. Parents moving for work who intend to enrol their children in an international school are advised to negotiate with their employer for education subsidies because the fees are high. That said, the exceptional teaching standards and facilities generally justify the costs.

Cost of transport in Malta

Getting around in Malta is relatively easy and cheap owing to the island's small size. Most expats find the bus and ferry system adequate for their travelling needs, using taxi services as an adjunct where necessary. Generally, cars are a pricier option due to taxes, insurance and petrol. Street parking is usually free of charge, but spaces are limited.

Cost of healthcare in Malta

Healthcare in Malta is excellent, and expats who have work permits can access public healthcare at no cost. Those who do not fall into this category must purchase a health insurance policy, which is largely affordable. Most expats living in Malta often choose to purchase only basic hospital coverage and pay for everyday healthcare costs out of pocket.