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Asia ยท Valletta

Cost of living in Malta

Malta is 36% cheaper than the US, ranking #51 of 203 countries we cover for cost of living.

World Bank data through 2024 ยท last reviewed 2026-06.

Cost of living ยท US = 100
63.8
Ranks #51 of 203 ยท 36% cheaper than the US
GDP / capita (PPP)
$69,864
GNI / capita (PPP)
$61,340
Inflation ยท YoY
1.7%
Population
568.8K
Capital
Valletta
Density
1,727 /kmยฒ
Urban
96%
Area
320 kmยฒ

What drives the cost here

Price levels by category, where the world average = 100. Above 100 is pricier than the global norm; below it is cheaper.

In Malta, communication is the priciest category relative to the world (142), while housing & utilities is the most affordable (88).

Communication 142
Food & groceries 137
Restaurants & hotels 125
Transport 123
Health 92
Housing & utilities 88

Category price levels: World Bank ICP 2021 (world average = 100) ยท source

Malta on the map

What your money is worth here

A $100,000 US lifestyle would cost roughly $64,000 in Malta.

Quality of life

96/100 ยท #20 of 198

Beyond cost โ€” health, safety, and connectivity. The score is a transparent, equal-weight composite of the verified metrics below (see methodology).

Quality-of-life score
96 / 100
Our transparent equal-weight composite
Life expectancy
83 yrs
World Bank ยท 2024 ยท source
Safety ยท homicide /100k
0.6
UNODC ยท 2023 ยท source
Infant mortality /1k
5
World Bank ยท 2024 ยท source
Internet users
94%
ITU ยท 2024 ยท source
Safe drinking water
100%
WHO/UNICEF ยท 2024 ยท source
Air quality ยท PM2.5
12 ยตg/mยณ
WHO ยท 2020 ยท source

About Malta

With a civilization that dates back thousands of years, Malta boasts some of the oldest megalithic sites in the world. Situated in the center of the Mediterranean, Malta’s islands have long served as a strategic military asset, with the islands at various times falling under the control of the Phoenicians, Carthaginians, Greeks, Romans, Byzantines, Moors, Normans, Sicilians, Spanish, Knights of St. John, and French. Most recently a British colony (since 1814), Malta gained its independence in 1964 and declared itself a republic 10 years later.

Read the full background

While under British rule, the island staunchly supported the UK through both world wars. Since the mid-1980s, the island has transformed itself into a freight transshipment point, a financial center, and a tourist destination, as its key industries moved toward more service-oriented activities. Malta became an EU member in 2004 and joined the eurozone in 2008.

Background from the CIA World Factbook (public domain), archived 2026-06-03.

Frequently asked

Is Malta expensive to live in?

Malta is 36% cheaper than the US, ranking #51 of the 203 countries we track. Its most expensive category relative to the world is communication; housing & utilities costs the least.

How much money do you need to live in Malta?

A lifestyle that costs $100,000 in the United States would cost roughly $64,000 in Malta, going by overall price levels. The salary translator turns your own figure into a local equivalent.

Is Malta cheaper than the United States?

Yes. Its overall price level is 63.8, against 100 for the United States.

What is the quality of life in Malta?

Malta scores 96 out of 100 on our quality-of-life index (#20 of 198), a composite of life expectancy, safety, health, and connectivity, with life expectancy around 83 years.

Every number, sourced.

We cite the exact source and year for each figure. Derived values are computed at build time, never hand-entered.

Price level index (US = 100)
Derived: nominal รท PPP GDP per capita, indexed to the US
63.8
GDP per capita (PPP)
World Bank ยท 2024 ยท source
$69,864
GNI per capita (PPP)
World Bank ยท 2024 ยท source
$61,340
Inflation (annual %)
World Bank ยท 2024 ยท source
1.7%
Population
World Bank ยท 2024 ยท source
568.8K
Population density
World Bank ยท 2023 ยท source
1,727 /kmยฒ
Urban population
World Bank ยท 2024 ยท source
96%
Surface area
World Bank ยท 2023 ยท source
320 kmยฒ

Explore more: compare countries ยท full ranking ยท Asia ยท wages in Malta