Introduction to the Cost of Living in Malta
Malta, a picturesque island in the Mediterranean Sea, entices with its atmosphere and weather. But how much does living in Malta cost? This is a question asked by those planning to move to this sunny island. At first glance, Malta may seem expensive. This is influenced by the limited space on the island and the growing number of residents.
Housing Costs
The biggest expense for residents of Malta is usually housing. In Valletta, a two-bedroom apartment for rent costs about 900-1500 euros per month. Outside the most touristic cities, prices drop. Nevertheless, it is still a significant cost. Buying an apartment is also an expense in the range of 2000-4000 euros per square meter. Is it worth investing? That depends on many factors. One of them is certainly the length of the planned stay.
Daily Living Costs
The basic cost of living in Malta is comparable to other European countries. Dining in restaurants can be more expensive than in Poland. For example, a dinner for two at a mid-range restaurant costs around 50-70 euros. Basic grocery shopping in a supermarket, such as bread or milk, costs from 1 to 3 euros. Local products are usually cheaper and worth taking advantage of. Public transport costs are more affordable – a monthly ticket costs about 30 euros.
Bills and Services
Utility bills such as water, electricity, and internet are average compared to the rest of Europe. Monthly fees for a two-bedroom apartment are about 80-120 euros. Of course, bills can vary depending on the number of residents and lifestyle. Healthcare services are of a high standard, but private health insurance is worth considering. It costs from 30 euros per month upwards. For many expatriates, it’s a beneficial option.
Entertainment and Recreation
Entertainment costs in Malta vary. Cinema tickets cost about 10 euros. Tours or water sports can be more expensive but often offer discounts for residents. There are many free attractions available. Beaches, parks, and historical centers provide plenty of opportunities for spending leisure time without incurring costs. Maltese people value outdoor living, which is reflected in numerous festivals and outdoor events.
Summary of the Cost of Living in Malta
Overall, the cost of living in Malta may appear higher compared to some other European countries. However, much depends on lifestyle, housing location, and personal expectations. For many people, these are acceptable costs for living in such a climatically and culturally rich place. Before moving, it’s worth thoroughly estimating one’s financial capabilities and preparing for potential surprises.
