Cost of living in Valletta
Valletta, the capital city of Malta, is known for its rich history and vibrant culture. As a popular destination for both tourists and expatriates, understanding the cost of living in Valletta is crucial for anyone considering a move or extended stay.
This guide provides a detailed breakdown of the expenses you can expect in Valletta, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15.70 on average, with a range between $10.46 and $31.39.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $83.72, with prices ranging from $57.56 to $156.97.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.46, with a range between $9.42 and $11.51.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.62 to $5.23, imported beer $2.62 to $6.28, cappuccino $1.57 to $4.19, and Coke/Pepsi $2.09 to $3.66.
Grocery Prices
- Milk - Milk is priced between $0.98 and $1.78 per liter, averaging $1.19.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.65 and $3.14, with an average price of $1.24.
- Eggs (Dozen) - A dozen eggs range from $2.26 to $5.02, averaging $3.09.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.57 to $5.23 per kg, while oranges range from $1.31 to $10.46 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.84 and $6.28 per kg, and lettuce costs $1.04 to $3.14 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.57 and $2.62.
- Fuel (Gasoline) - Gasoline is priced between $1.40 and $1.41 per liter.
- Taxi Fares - Taxi fares start at $5.23, with a cost of $1.57 to $3.25 per km and $31.39 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $941.82 to $1465.06, averaging $1067.40.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $732.53 to $1151.12, averaging $933.10.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1569.70 to $3034.76, averaging $2319.67.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1046.47 to $2616.17, averaging $1433.66.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $5232.34 to $10464.68, averaging $7848.51.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $3924.26.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $62.79 and $209.29, averaging $86.22.
- Internet - Internet services range from $26.16 to $52.32, with an average cost of $29.65.
Cost of Living Rankings
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"
Valletta offers a diverse range of dining options, with prices varying significantly between casual and upscale restaurants.
Grocery prices in Valletta are relatively moderate, with essentials like milk and bread being affordable.
Transportation costs are reasonable, with public transport and fuel prices being quite accessible.
Housing in Valletta can be expensive, especially in the city centre, but there are more affordable options outside the centre.
Utilities and internet costs are generally affordable, contributing to a balanced cost of living.
Conclusion
In conclusion, Valletta presents a mixed cost of living scenario. While dining and housing in the city centre can be costly, other expenses such as groceries, transportation, and utilities are more manageable.
Prospective residents should consider their lifestyle preferences and budget carefully when planning a move to Valletta, as the city offers both affordable and high-end living options.