What is the cost of living in Malta?
While Malta is generally quite affordable, certain factors must be considered. It’s an island with limited natural resources and most of its goods are imported which means that prices might be impacted. Another factor is that due to its recent economic boom, expat popularity and lack of housing supply in recent years, some areas are much more expensive to rent than others.
On average, a 2 bedroomed apartment will be in the region of €700 - €1000 depending on the areas although as mentioned, some areas will be more expensive with Sliema and St Julians, having many modern complexes having rents as high as €1,500 - €2000 monthly. Utilities may seem high at around €100 per apartment/month (water, electricity, internet) but in Malta one doesn’t pay property or maintenance taxes.
Public transport, although there are still some lingering issues, is pretty efficient and cheap with monthly passes costing around €40. Healthcare is free for EU citizens and while non-EU citizens have access to the governmental healthcare system provided that they pay social security etc, it varies depending on the residence permit one possesses. It is wise that you check this out thoroughly in the links attached below.
Groceries and lifestyle costs vary according to what one is used to and their willingness to switch to local products. On average, you can be expected to spend around €200-€300 per month on groceries and while some locals products are relatively cheap, these shouldn’t be used as a benchmark of affordability.
Going out, getting your hair done and other leisure activities depend on what one is accustomed to as mentioned. A dinner for 2 in a local restaurant will generally be around €40 although this may vary by locality etc. Local Beer (1/2 pint) is around €2 while a cinema ticket is around €8, on the other hand an espresso is around €1 - €1.50. You can see how your country compares to Malta here and view a breakdown of average costs in Malta here.
Healthcare in Malta - https://www.welcome-center-malta.com/the-maltese-health-care-system-explained/
Health Insurance - https://maltaguides.co/life/health-insurance/