Cost of living in Malta in 2022

Who will answer all your questions? I guess nobody will contribute to such personal questions! If you want to know details just check out for annual inflation in Malta and you will get the respective answer without asking personal questions most people will not answer anyway.

hanselmar wrote:

Who will answer all your questions? I guess nobody will contribute to such personal questions! If you want to know details just check out for annual inflation in Malta and you will get the respective answer without asking personal questions most people will not answer anyway.

They ask this question each year on every country's forum. Its to help people who are thinking of moving to a new place.

Hello everyone,

@hanselmar, I totally understand that some information can be very personal, but at least can you share the average cost? 

As @SimCityAT mentioned, this thread is to help the future expats people.

Cheers,

Cheryl
Expat.com team.

If people want to know the cost of renting they can just as easily look at letting agents sites.

GozoMo wrote:

If people want to know the cost of renting they can just as easily look at letting agents sites.

the ones we tell everyone all the time is entirely out of date and has no relation to reality?

volcane wrote:

GozoMo wrote:

If people want to know the cost of renting they can just as easily look at letting agents sites.

the ones we tell everyone all the time is entirely out of date and has no relation to reality?

They are not all out of date, Gozo Properties for Long Term Let are up to date.

@Cheryl 

I agree with hanselmar that these questions are personal. I am willing to give an indication of my own expenses but as everyone's situation is different, I am not sure how much help this is. My expenses are based on a mature couple (husband retired, I still have a few years left before I can retire) we have no dependent children, so a young family will obviously have much higher expenses.

If you are a tenant, what is your monthly
rent? Please give details of the type of property you are in.

Not applicable in my case, but my understanding is a 2-bedroom
furnished apartment can be rented on a long-let contract for €600 upwards. The
same in Gozo could be as cheap as €450

How much are your monthly charges (water,
electricity, common area maintenance charges, etc.) and additional expenses
(mobile phone and/or internet box subscriptions)?

Water and electricity around €70 per month. Common area not
applicable as I live in a private house, but I think the usual is €50 per month.
I rarely use my mobile phone, pay-as-you-go possibly €10 a month maximum. Internet
€25 per month

How much do you spend on commuting (by public
transport or using your car) each month?

I work from home.

How much does your grocery shopping cost in Malta?

 €500 per month for
the two of us. (Meat and fish eaters)

How much do you spend on health care (health
insurance, consultations, etc.)?

I am entitled to free health care from the state. My
employer provides worldwide private health care insurance for both myself and
husband, and life insurance for me. Travel insurance is free with bank account.

How much are your children's school fees,
depending on the type of school they attend?

Child's schooling was free until
Bachelors (Hons) stage.

What about your budget for leisure activities? 

Mature couple, so mostly quiet meals out ranging from €60 -
€100.

Do not hesitate to indicate other everyday costs
if they could be useful to others.

Gas is supplied in cylinders. A cylinder costs €15 and will
last at least 3 months for cooking (hob only is gas, oven is electric)

Gym memberships cost around €320 a year.

You would be lucky to rent a property in Gozo for €450 this information is out of date.

@Cheryl 

I agree with hanselmar that these questions are personal. I am willing to give an indication of my own expenses but as everyone's situation is different, I am not sure how much help this is. My expenses are based on a ...

Little out there I would have thought, a 2 bed apartment in Gozo is usually listed around  €600 to €800 nowadays. 

We are a retired couple in a large penthouse, utilities about €70 to 80 every two months. 

Food a month probably around €300 to €350.

Cheryl,

I am not sure what statistics are published by the authorities of Malta,

1. one can rightfully say food is at least € 350.00 per person per head per month

2. electricity is about € 50.00 per person per head per month because in our case we have air-conditioning and electrical heating and use electricity for cooking.

3. As rent was mentioned before I would like to say one has to invest at least € 250.000 to obtain a decent property of  100 sqm

4. In order to obtain the Maltese passport one has to invest at least € 900.000 

5. people who have a car have to pay an annual license of € 250-800

6. car insurance is between € 100-300

7. the petrol fuel bill is about € 40.00 per month

8. public transport is € 35.00 per month

The annual inflation in 2021 was 0.64%,  higher inflation is expected for 2022

Cheers,

I hope this information helps,

Hans-Elmar

@hanselmar our food bill is that for two people and we eat well.

@hanselmar 

our food bill includes eating out because restaurants have to be supported too.

@hanselmar I would call going out for meals entertainment not food bill.

@hanselmar 

our food bill includes eating out because restaurants have to be supported too. 

Eating out is normally included in entertainment and not in the food bill which covers domestic eating. 

As for utilities, electric and water, our cost is usually around  €80 every two month bill and that is for 2 people in a 150 sqm penthouse with a/c used for heating and oven, gas hob only, ie around  €20 per head per month. 

You would be lucky to rent a property in Gozo for €450 this information is out of date.

Some contributors have quoted a lower figure than I have for for utilities at €70 per month. In Malta & Gozo water and electricity bills are listed together, usually billed every 2 months. Usually we would receive a bill every 2 months of around €100 - €120, we a couple living in a 4 bedroom house, use air-conditioning and electric oven. The past 2 years during the pandemic I have worked from home so my laptop and monitors are running 45 hours a week, pushing the electricity bill up.

@Evreham Any at that price will not be in the best areas or the best kitted out, new two bedroom apartments here are advertised at €700, Whether they get that amount who knows.

I can only speak for Gozo , but definitely do not pay the asking price for long term rentals , there is a glut of properties available and yet they keep building more and more . 

I can only speak for Gozo , but definitely do not pay the asking price for long term rentals , there is a glut of properties available and yet they keep building more and more . 

- @Moocher