One of the main attractions of the archipelago is the affordable cost of living in Malta. Maltese earnings are lower than in other European areas, but the cost of living is also cheaper, resulting in a pleasant and reasonable standard of living. Both Sliema and Valletta, the capital of Malta, are well-liked by foreigners. They are often more costly and populous than other districts and feature resorts, retail establishments, and contemporary residences. This article offers a summary of the cost of living in Malta, covering housing, transportation, food, and other important areas.
The cost of lodging in Malta
In comparison to other popular European locations like the UK, it is easy to find a contemporary, furnished home in Malta with one to three bedrooms and a small yard. The majority of rentals are furnished, and utilities are considerably less costly. Expats should be cautious when deciding where to reside since their choice might be the difference between cheap and costly rent. Compared to big cities, lodging is less expensive in smaller remote villages. The expenses of renting an apartment will be greatest in the city center in bigger cities and will decrease as one goes out from the center. Additionally, more costly than older residences are newer real estate projects. Nevertheless, they will likely need less upkeep.
Utilities
The cost of utilities like water and electricity is another factor in determining how much it costs to live in Malta. An 85-square-meter apartment’s basic power and water consumption (such as heating, cooling, water, cooking, etc.) will cost you around €84 per month. Of course, this may be more if you use an air conditioner in the summer and a lot of heating in the winter.
Plan for internet and mobile use
For around €34 per month, you can receive a respectable, high-speed Internet connection that sometimes includes a telephone and TV channels. Depending on your bundle, this is often 60mbs or more. Although mobile phone providers provide a variety of use plans, calls typically cost €0.30 per minute.
Groceries
Depending on your preferences and the number of people you’re feeding, your grocery bill will vary. The price would be around €100 per week for one person eating a fresh, nutritious meal that includes meat, vegetables, fish, and dairy products. Of course, depending on your tastes and the amount you can manage to spend from your living expenditures, this number might be smaller or larger.
Restaurant
Malta offers more affordable dining options than much of Europe. Local eateries are reasonably inexpensive, but entertainment in tourist locations is more expensive. A single supper at a budget restaurant cost around €15. For mid-range items, this rises to €30, and for high-end items, there are no upper limits. Restaurants serving Maltese, Italian, French, Middle Eastern, Asian, and American food are plentiful.
Malta’s cost of education
In Malta, public education is provided without charge, including transport and textbooks. Although Maltese is the primary language of teaching, the curriculum is based on the British educational system. Many expats enroll their kids in private or foreign schools as a consequence. Because the costs are so high, it is advisable for working parents who want to enroll their kids in an international school to negotiate with their employer for educational subsidies.
Malta transportation expenses
The small size of this nation makes transportation both convenient and affordable. The majority of expats find the bus and ferry systems acceptable for their travel requirements, supplementing with taxi services as needed. Cars, however, are often more costly owing to taxes, insurance, and gas. Although there aren’t many spots available, most street parking is free.
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