Cost of Living: Malta 18% cheaper than the rest of EU

Nies republic street

Tista' taqra bil- Malti.

Eurostat statistics show that the Maltese cost of living is 18% cheaper than the European average.

These statistics show that Malta is at 82% of the average in the European Union. This means that overall prices in Malta are cheaper than the average in other European Union countries.

Eurostat measured price statistics from the 28 European Union member states over the last year. It also appears that Portugal, Slovenia and Greece were at the same price levels of Malta.

According to these statistics, tobacco, alcohol and textile prices are tied with the European average. On the other hand, the prices of food and non-alcoholic beverages, personal electronics and transport are higher than the European level. Restaurant and hotel prices are lower than average by almost 20%.

In the European Union, the highest prices were recorded in Denmark while the lowest prices were recorded in Bulgaria.