Cost of living in Malta 2025: a complete financial planning guide for exchange students
Planning an international exchange involves many details, but few are as important as understanding the cost of living at your destination. Malta, a Mediterranean island with more than 300 days of sunshine a year, offers a European experience with costs around 20% lower than other popular destinations on the continent. In this guide, we'll detail everything you need to know to plan properly in 2025.
Financial advantages of choosing Malta as a destination
Malta stands out as a smart choice for exchange students who want the European experience without the high cost associated with countries like France or Germany. In addition to the direct savings in monthly expenses, the country offers a perfect balance between quality of life and a controlled budget. The Mediterranean climate provides significant savings with heating in winter, a considerable expense in other European countries.
Maltese cities have different cost profiles. While Valletta and Sliema are more valued areas, cities like Msida, Gzira, and Saint Julian offer more affordable options without compromising quality of life or access to important resources for international students. This variety allows you to adjust your budget according to your priorities and possibilities.
Accommodation costs in different regions
Accommodation represents the majority of the monthly budget on any exchange. In Malta, you can find options for different student profiles:
• Student residences: Shared rooms for €350-450 monthly, generally including basic services
• Shared accommodations in remote areas: €400-500 per month, ideal for those seeking savings
• Shares in central areas: €550-650 monthly, balancing location and cost
• Single apartment in the center (Valletta/Sliema): €1,000-1,100, for those who prioritize privacy
• Individual apartment in less central areas: €700-850, cheaper alternative for private housing
Many students choose shared accommodation not only for the economy, but also for the opportunity to live with people of different nationalities, enriching the international experience through Study and Work program in Malta.
Food and supermarket expenses
The cost of food in Malta can vary significantly depending on your habits. Students who prefer to cook at home are able to keep a leaner budget, while those who choose to eat out need more generous planning.
For basic food at the supermarket, set aside between €200-250 monthly. This amount covers essential items for preparing meals at home. If you plan to include some meals outside, the budget increases to €300-350 per month. Local markets often offer fresh fruits and vegetables for more affordable prices than conventional grocery stores.
Transportation and mobility on the island
Mobility in Malta is facilitated by the island's compact size and efficient public transport system. Proper transportation planning can represent significant savings in your exchange:
- Monthly bus pass: €40-50 with a student ID, the most economical option for regular trips
- Pass for 12 trips: €15, ideal for those who use public transport occasionally
- Taxi for one-off trips: €10-15 per average race
- Monthly bike rental: €30-40, healthy and economical alternative in many regions of the island
Malta has a public transport system that serves most areas well. However, buses can be crowded during the peak tourist season. Many students choose to live close to their school or workplace, reducing the need for daily transportation.
Expenses on essential utilities and services
Essential services in Malta represent an important part of the monthly budget. The amounts may vary depending on the season of the year and your consumption habits:
• Electricity and air conditioning: €50-80 per month, with seasonal variation (higher in summer due to air conditioning)
• Home Internet: €25-35 per month for broadband connection
• Basic cell phone plan: €15-25 per month, with enough data for everyday use
• Laundry services: €20-30 per month, if not included in the accommodation
Malta offers modern infrastructure and reliable services, although the cost of electricity can be relatively high compared to other European countries. Many student residences include internet and basic utilities in the rental price, which can simplify your monthly budget.
Entertainment and social life
A fundamental part of the exchange experience is to take advantage of the country's social and cultural life. Malta offers several leisure options with different price ranges:
• Gym or sports center: €30-50 monthly to stay active
• filmmaking: €8-12 per ticket, an affordable program for leisure nights
• Admission to nightclubs: €10-20, especially in the Paceville area, famous for nightlife
• Study materials and books: €30-50 per month, depending on your course
Malta is renowned for its vibrant nightlife and outdoor cultural events, especially during summer. Many free events take place in the squares and public spaces, offering quality entertainment at no additional cost to international students living on the island.
Total financial planning for the exchange
For proper planning of your exchange in Malta, it is important to consider the total annual investment, not just the monthly expenses. Based on the 2025 figures, you can expect:
- Annual budget with accommodation: Between €10,000 and €12,000 for a moderate lifestyle
- Budget without housing costs: Approximately €9,000 (for those who get subsidized accommodation)
- Reserve for emergencies: Add 10-15% of the total amount as a safety margin
- Initial installation costs: Reserve €1,000-1,500 for arrival and establishment expenses
It is recommended to monitor exchange rates before making significant international transfers. Many students choose to transfer larger amounts when the exchange rate is favorable, saving in the long term. International transfer services such as Wise, may offer more advantageous rates than traditional banks.
Strategies for saving during your exchange
There are several strategies to optimize your budget and make the most of the resources available during your time in Malta:
• Discount apps: Use apps like “Wolt” or “Too Good To Go” to find deals at restaurants and markets
• International student card: Guarantees discounts on public transport, museums and some establishments
• Shopping at local markets: Fresh food for more affordable prices than supermarkets
• Cooking in a group: Sharing meals with housemates reduces costs and creates bonds
• Free events: Follow local cultural agendas to enjoy festivals and activities at no cost
Many exchange students are also able to supplement their income with part-time work after the initial adjustment period. This possibility not only helps financially, but also enriches the cultural and professional experience during the exchange.
Be Easy
A Be Easy offers full support to fulfill your dream of studying and working in Malta, with personalized guidance at every stage of the process. Our expert staff helps with detailed financial planning, accommodation choice, and preparation for Mediterranean island life. Save time and money with our comprehensive advice, ensuring that your exchange is a transformative experience without financial worries. Get in touch today and discover how to make Malta your next destination!
