Exploring the Cost of Living in Malta: Accommodation, Transportation, and More

Accommodation Monthly Expenses:

The expense of housing in Malta fluctuates based on the area, property type, and amenities available. A studio apartment's monthly cost can range between €500 to €800, while a one-bedroom apartment might amount to about €700 to €1,200. If you're seeking a larger unit or a house, prices could elevate to €2,000 to €3,000 per month or beyond. Alternatively, opting for shared accommodations with friends could lower monthly expenses to around €150 to €300.

Monthly Transportation Budget:

Public transportation in Malta remains budget-friendly and efficient, offering a monthly pass for approximately €26. If you favor driving, car rentals come in at around €600 to €1,000 each month, contingent on the car type and rental company.

Monthly Insurance Expenditure:

Insurance costs in Malta hinge on coverage type and provider. Health insurance, for instance, may incur expenses of roughly €50 to €120 per month, while car insurance might span from €300 to €1,000 per year.

TRC Application Procedure and Expenses:

Acquiring a Temporary Residence Card (TRC) in Malta hinges on your nationality and purpose of visit. Application costs can differ, hence consulting relevant authorities for updated details is recommended.

Medical Expenses:

Medical costs in Malta are reasonably priced, thanks to a robust public healthcare system. Visiting a doctor or specialist may vary, but generally, consultation expenses range from €20 to €50.

Average Monthly Salary:

Malta's average monthly income hovers between €750 to €2,000, contingent on industry and experience level. It's crucial to acknowledge Malta's comparatively high cost of living and adjust your budget accordingly.