13 Truths (Good And Bad) You’ll Discover When Visiting Malta
What’s Not To Love About Malta? A Mediterranean island with temples that pre-date the Egyptian pyramids... walled cities with towers,...
Read moreLief 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.
All prices are using the Euro. Click here for currency conversion at today’s exchange rate.
Apartment or House Ownership Budget (for a couple)
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 |
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Apartment or House Rental Budget (for a couple)
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 |
What’s Not To Love About Malta? A Mediterranean island with temples that pre-date the Egyptian pyramids... walled cities with towers,...
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Read moreWe live in a great big beautiful world that is bursting with opportunity around every corner if you decide to live overseas.Please believe me: The life you want is waiting for you out here...You just need to get up, get moving, and seize it for yourself.Where in the world might be best for you?After more than 36 years covering this beat, I have thousands of miles of boots-on-the-ground reconnaissance, decades of experience, and countless feedback from retirees to draw from...
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