For anyone dreaming of an affordable escape to Europe—where the sun shines year-round and the Mediterranean shimmers outside your window—Malta is now the top contender. With a cost of living under $36,000 per year, this island nation offers digital nomads, expats, and retirees an easy-going lifestyle without draining your savings. Here’s how Malta stacks up for newcomers, including the best places to settle, housing costs, residency options, and a few practical realities you should know.
Malta at a Glance: Cost, Comfort, and Community
International Living’s latest report spotlights Malta for its mix of beauty, safety, English-speaking locals, and low cost of living by European standards. Expats can comfortably rent a two-bedroom apartment for under $1,000 per month in several picturesque towns—meaning a single person or couple can easily thrive on $3,000 a month, or less.
The Top Affordable Spots: Mellieħa, Marsaxlokk, and Gozo
Escape the crowds and high prices of central Valletta by heading to Malta’s lesser-known gems:
- Mellieħa: Located in the quieter north, Mellieħa offers expansive beaches, peaceful neighborhoods, and two-bedroom apartments from $950–$1,000 per month. Looking to buy? Expect prices in the $250,000–$300,000 range—more if you want a view of the sea.
- Marsaxlokk: This quaint fishing village in the south is famed for its harbor, fresh seafood, and local markets. Rent a comfortable apartment for $900–$1,000 per month. Most homes for sale here start at just over $300,000.
- Gozo: Malta’s “little sister” island draws those who want a bit more activity and a vibrant local scene. With 41,000 residents, Gozo is lively yet uncrowded. Rent a two-bedroom, two-bath apartment for around $900. Homes typically sell for about $309,000.
Living in Malta: The Real Numbers
Malta’s low housing costs are only part of the story. Expect to pay a bit more for groceries due to the island’s reliance on imports. Healthcare is generally good but limited—there’s only one public hospital, so access to specialized care can be a challenge.
“Malta offers the best of Mediterranean living—history, safety, and affordability,” says International Living contributor Kathleen Evans. “It’s an incredibly safe place where living on $3,000 a month, or even less, is still a reality.”
Residency, Retirement, and Nomad Visas: Who Qualifies?
Malta is open to more than just retirees. If you’re planning a permanent move, purchasing property worth at least €300,000 (about $309,000) qualifies you for Malta’s Permanent Residency Program (MPRP). Not ready to commit? The Digital Nomad Visa allows non-residents to live and work in Malta for up to one year—with the option to renew up to three times.
- Permanent Residency: Buy property worth €300,000 or more to qualify.
- Digital Nomad Visa: Stay up to one year (renewable three times) without needing permanent residency.
Making the Move: Is Malta Right for You?
If your checklist includes safety, sunshine, history, and a genuine sense of community—all for under $36,000 a year—Malta may be the perfect fit. You’ll get more for your money in smaller towns and on Gozo, while still enjoying everything the Mediterranean lifestyle offers. While you’ll pay a premium for imported groceries and might need private insurance for specialized healthcare, the tradeoff is access to stunning scenery, mild winters, and an international community that makes newcomers feel at home.
Whether you’re planning a new chapter abroad or just want to test island life with a digital nomad visa, Malta proves you don’t have to be wealthy to live your Mediterranean dream.
