Cost of Living Malta: 2018 Edition

The internet is full of conflicting information on what to expect when relocating. In this article, we will break down your main expenses for the cost of living in Malta so you can best assess how far your salary can stretch.


The good news is the Maltese tax rates are generally lower than those in mainland Europe. The highest tax rate is 35% with the most common tax band being 25% and the higher rate only taking effect after €60,000. With this in mind, there are also substantial tax concessions in place for executive positions in financial services, gaming and aviation sectors that the local market struggle to fill. Make sure to check the government website here to see if your skill set would be eligible.

Rent and Groceries

Probably the biggest expense out of your salary would be your monthly rent. As a general rule if you want to live in the central areas of Sliema and St Julians, be prepared to pay around €600-1,200 for a 1 bedroom apartment. If you are willing to travel outside these areas, rental property prices decrease substantially and you can find a single bedroom apartment for €450- 650 per month depending on the location. As for groceries, you can check out how they compare to where you currently live using numero.


It’s common for people to walk to work if they live in the Sliema and St Julians area, but you’ll want a car to enjoy the island properly. Second-hand cars can be expensive, so you should consider bringing a car with you. If you haven’t owned it for more than 2 years, though, you’ll need to pay a registration charge. Find out how much that would be here. It’s worth noting that you drive on the left in Malta, the same as in the UK. If driving isn’t your thing you can pick up an unlimited bus pass for €26 a month and there is regular bus travel around the island.

Social and Leisure

Malta is full of fantastic bars and restaurants where you can pick up a meal at an inexpensive restaurant for €15.00 and a beer for €3.50. Gym memberships also range from €40 – €60 per month.

With the islands average of 300 days of sunshine every year, you are likely to spend considerable amounts of time outside and you are always only a 15-minute drive away from the sea! This quality of life is hard to find elsewhere in Europe, particularly given the career opportunities at hand.

Childcare and Schools

Malta offers free childcare for children under 3 if both parents work. The local public schools are at a great standard, nevertheless, many expats choose private schooling because it is so affordable in Malta. Private schools in Malta can cost as little as EUR 3,000 per child per year and are unlikely to cost more than EUR 10,000. This compares very favourably to somewhere like the UK, where the average cost is well above GBP 13,000 and can rise to GBP 30,000 or more.


There are over 100 flights a day departing from Malta Luqa airport operated by over 30 different airlines, with many European cities are under 3 hours away. Also with the ability to hop on a ferry to Sicily, it is hard to feel isolated even on a small island.  Flights from low-cost airlines start from £30 to London Gatwick. It is important to note that due to Malta being a popular tourist location, prices increase dramatically during the summer months.