The Best Places To Retire In 2025

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    THE 10 BEST PLACES TO RETIRE IN 2025

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      Gozo, Malta

      Gozo is an expat destination for all. With a low cost of living and a beautiful climate, it is no wonder it is a popular expat choice in Malta.

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      Cost Of Living In Gozo, Malta

      Malta's Gozo is home to charming small towns. gozo malta
      AdobeStock/luchschenF

      Gozo is an expat destination for all. With a low cost of living and a beautiful climate, it is a popular expat choice in Malta.

      Nowadays, Malta is a modern, First World, European nation with a long-standing, stable democracy in place.

      Malta is a member of the EU, the single biggest economic bloc on the planet, and the currency used is the euro.

      Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

      Reviewed By Lief Simon

      Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

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        Table of Contents

        Getting To Gozo, Malta

        Although there are no direct flights from the United States to Malta. So, traveling between the two countries is relatively straightforward.

        Fly to Europe with a transatlantic carrier, such as Lufthansa, British Airways, Virgin Atlantic, or U.S. Airways, then connect to the island. 

        The national airline, Air Malta, serves a number of major airports around the continent. But, you can also connect from multiple European cities to Malta with low-cost airlines Ryanair, Easyjet, or Wizzair.

        Narrow street on a sunny day in Victoria (Rabat), Gozo malta
        Apartment Or House Ownership Budget (for a couple) In Gozo
        Expense Monthly Cost Notes
        Mortgage N/A Not included here as too variable.
        Property Taxes N/A Malta does not charge a regular, annual property tax.
        Transportation (bus, taxi, etc.) 70 10-euro monthly bus pass (Gozo only). 6 taxi rides of 5 kms each.
        Utilities 75 Electricity, water, garbage collection.
        Cell phone 49.99 Including unlimited gigabytes, minutes, and SMS and 100 international minutes and SMS.
        Internet and Cable 30.50
        Cable TV 34.99 Three three-hour maid visits a week.
        Household help 234 Three three-hour maid visits a week.
        Entertainment (costs for a couple). 273.40 Eating out twice a week: 200 (4 high-end meals (35 euros), 4 low-end meals (15 euros)) Drinks twice a week: 49.4 (6 cocktails (5.4 euros), 5 beers (1.60 euros), 5 wines (1.80 euros))Movie theater trip twice a month: 24.
        Groceries 200 Basic items for a couple, with shopping trips four times a month.
        Gym membership 27.50 Monthly fee at a basic gym.
        Medical appointment 20
        Total 1,015.38
        All prices are using the Euro. Click here for currency conversion at today’s exchange rate.
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        Apartment or House Rental Budget (for a couple) In Gozo
        Expense Monthly Cost Notes
        Rent 730 Three-bedroom apartment in city center.
        Transportation (bus, taxi, etc.) 70 10-euro monthly bus pass (Gozo only). 6 taxi rides of 5 kms each.
        Utilities 75 Electricity, water, garbage collection.
        Cell phone 49.99 Including unlimited gigabytes, minutes, and SMS and 100 international minutes and SMS.
        Water 100,000
        Cell phone 150,000 Monthly package.
        Internet and Cable TV 65.49
        Household help 234 Three three-hour maid visits a week.
        Entertainment (costs for a couple). 273.40 Eating out twice a week: 200 (4 high-end meals (35 euros), 4 low-end meals (15 euros)) Drinks twice a week: 49.4 (6 cocktails (5.4 euros), 5 beers (1.60 euros), 5 wines (1.80 euros)) Movie theater trip twice a month: 24.
        Groceries 200 Basic items for a couple, with shopping trips four times a month.
        Gym Membership 27.50 Monthly fee at a basic gym.
        Medical appointment 20 Basic clinic/GP visit (without insurance).
        Total 16,959,000
        Penny-Pincher’s Budget (for a couple, bare minimum costs for all)
        Expense Monthly Cost Notes
        Rent 360 One-bedroom outside of the city center.
        Transportation (bus, taxi, etc.) 10 10-euro monthly bus pass (Gozo only.
        Utilities 75 Electricity, water, garbage collection.
        Cell phone 49.99 Including unlimited gigabytes, minutes, and SMS and 100 international minutes and SMS.
        Garbage collection N/A
        Internet 30.50
        Cable TV 34.99
        Household help 0 No household help.
        Entertainment (costs for a couple). 159.20 Eating out twice a week: 120 (8 low-end meals (15 euros)) Drinks twice a week: 27.2 (beer and wine only) Movie theater trip once a month: 12
        Groceries 150 Basic items for a couple, with shopping trips at discount stores four times a month.
        Gym Membership 0 No gym membership.
        Medical Appointment 0 Medical expenses not included.
        Total 869.68
        Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

        Reviewed By Lief Simon

        Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

        Start Your New Overseas Life Today

        A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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          Table of Contents

          Gozo, Malta- FAQs

          Gozo, Malta, has long been a retirement destination for Maltese seniors. These days, retirees from further afield are beginning to set up home here.

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