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Daily Life in Malta – Prices and Cost of Living

Malta is a charming island in the Mediterranean Sea that combines natural beauty and rich cultural heritage. However, before you decide to move or stay for an extended period, it is worth getting to know the cost of living on this island. Prices in Malta can vary depending on location and lifestyle, but a general comparison with other European countries can help in planning a budget.

Accommodation in Malta – Basic Costs

The main costs in Malta are associated with accommodation. Rental prices in major cities like Valletta or Sliema are relatively high. For instance, renting a one-bedroom apartment in the center of Valletta costs around 800-1000 euros per month. Outside the center, prices are lower, ranging from 600 to 800 euros. Buying real estate in Malta is also a considerable expense. The average price per square meter in the capital is about 4000-5000 euros.

Food and Daily Expenses

Food prices in Malta are moderate. In local supermarkets, the prices for basic products like milk, bread, and fruits are comparable to Western Europe. For instance, a liter of milk costs about 1 euro, and bread around 1.50 euros. An evening out at a restaurant is an expenditure of 15-30 euros per person, depending on the class of the venue.

Transport and Other Costs

Public transport in Malta includes buses that cover the entire island. A single ticket costs about 2 euros, and a monthly pass costs 26 euros. Taxis and Uber are popular but more expensive – averaging 10-20 euros for a ride of a few kilometers. Gasoline in Malta costs around 1.30 euros per liter, which is an average price in Europe.

Health, Education, and Other Expenses

The healthcare system in Malta is well-developed. Public medical care is free for residents, but private services require payment. Public education is free, but there are also many private schools and universities where tuition can amount to several thousand euros per year.

Summary

Although Malta is considered one of the more expensive places to live in the Mediterranean basin, it offers unique experiences and a high standard of living. When planning your budget, it’s important to include all possible costs, from housing to entertainment. This way, your stay on this beautiful island can be not only fulfilling but also financially sustainable.