Cost of living in Sliema
Sliema, a bustling town in Malta, is known for its vibrant lifestyle and scenic waterfront. Understanding the cost of living here is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses in Sliema, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15.80 on average, with a range between $10.54 and $31.61.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $84.29, with prices ranging from $63.22 to $158.05.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.54, with a range between $9.48 and $11.59.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.16 to $5.27, imported beer $2.63 to $5.27, cappuccino $1.58 to $4.21, and Coke/Pepsi $2.11 to $3.69.
Grocery Prices
- Milk - Milk is priced between $0.99 and $1.79 per liter, averaging $1.28.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.66 and $2.11, with an average price of $1.25.
- Eggs (Dozen) - A dozen eggs range from $2.28 to $5.06, averaging $3.91.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.11 to $4.21 per kg, while oranges range from $2.11 to $10.54 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.84 and $4.21 per kg, and lettuce costs $1.05 to $2.63 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0 and $2.63.
- Fuel (Gasoline) - Gasoline is priced between $1.41 and $1.42 per liter.
- Taxi Fares - Taxi fares start at $5.27, with a cost of $2.11 to $5.27 per km and $42.15 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1053.66 to $1580.50, averaging $1186.76.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $790.25 to $1369.76, averaging $957.59.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1791.23 to $3160.99, averaging $2181.70.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1475.13 to $2634.16, averaging $1775.02.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $4425.39 to $21073.28, averaging $5241.98.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $3687.82 to $7375.65, averaging $4214.66.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $63.22 and $105.37, averaging $86.81.
- Internet - Internet services range from $26.34 to $52.68, with an average cost of $35.12.
Cost of Living Rankings
Sliema ranks 1st on the Cost of Living rankings in Malta. The cost of living indices for Malta are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Malta, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Sliema offers a diverse range of dining options, with prices varying significantly between casual and upscale restaurants.
Grocery prices in Sliema are relatively moderate, with essential items like milk and bread being affordable.
Transportation costs are reasonable, especially for public transport, though owning a car can be more expensive due to fuel prices.
Housing in Sliema can be costly, particularly in the city centre, but there are more affordable options outside the centre.
Utilities and internet services are reasonably priced, contributing to a balanced cost of living.
Conclusion
Overall, Sliema presents a balanced cost of living with a mix of affordable and premium options across various categories.
While housing in the city centre can be expensive, there are more budget-friendly alternatives available outside the centre.
Prospective residents should consider their lifestyle preferences and budget to make the most of living in this vibrant Maltese town.