Cost of Living in Malta

Malta's cost of living has risen significantly since 2022, primarily driven by rent increases. While cheaper than London or Dublin, Malta is no longer a budget destination. Here's a realistic breakdown.

Monthly Budget (Single Person, Central Area)

Rent (1-bed, shared area): €700–€1,200. Groceries: €200–€350. Transport (Tallinja card + occasional Bolt): €40–€80. Utilities (electricity, water, internet): €80–€120. Eating out & social: €100–€200. Phone/SIM: €10–€20. Total: roughly €1,100–€2,000/month depending on lifestyle and area.

Rent Is the Biggest Cost

Rent accounts for 40–60% of most workers' budgets. Cheaper options exist in inland towns (Ħamrun, Birkirkara, Msida) versus coastal areas (Sliema, St Julian's). Sharing reduces costs significantly — expect €300–€500 for a room in a shared flat.

Groceries

Lidl, Pavi, and Valyou are the budget-friendly supermarkets. Fresh produce at open markets (like the Marsaxlokk Sunday market) can be cheaper. Ethnic grocery shops in Ħamrun, Gżira, and Msida offer products from South Asia, Africa, and the Philippines at competitive prices.

Utilities

Electricity in Malta is provided by Enemalta and is subsidised for primary residences. Water is provided by the Water Services Corporation. Internet (GO, Melita, Epic) costs €20–€40/month for home broadband. Electricity costs spike in summer due to air conditioning.

Sending Money Home

Many TCN workers send remittances home regularly. Options include Wise (TransferWise), Remitly, Western Union, and local services in Ħamrun and Gżira. Compare exchange rates and fees — bank transfers are often the most expensive option.