Cost of living in Malta compared to Iceland
Currency:
Food | - 45% | |||
---|---|---|---|---|
Food in Malta is 45% cheaper than in Iceland | ||||
Malta | Iceland | Diff | ||
Basic lunchtime menu (including a drink) in the business district | €25 (3,722 kr) | 5,459 kr | - 32% | |
Combo meal in fast food restaurant (big mac meal or similar) | €12 (1,787 kr) | 2,999 kr | - 40% | |
500 gr (1 lb.) of boneless chicken breast | €4.00 (596 kr) | 1,493 kr | - 60% | |
1 liter (1 qt.) of whole fat milk | €1.05 (156 kr) | 236 kr | - 34% | |
12 eggs, large | €2.65 (395 kr) | 1,045 kr | - 62% | |
1 kg (2 lb.) of tomatoes | €2.26 (336 kr) | 666 kr | - 50% | |
500 gr (16 oz.) of local cheese | €7 (1,042 kr) | 1,713 kr | - 39% | |
1 kg (2 lb.) of apples | €2.50 (372 kr) | 399 kr | - 7% | |
1 kg (2 lb.) of potatoes | €2.00 (298 kr) | 468 kr | - 36% | |
0.5 l (16 oz) domestic beer in the supermarket | €1.75 (261 kr) | 699 kr | - 63% | |
1 bottle of red table wine, good quality | €12 (1,787 kr) | 3,728 kr | - 52% | |
2 liters of coca-cola | €2.00 (298 kr) | 396 kr | - 25% | |
Bread for 2 people for 1 day | €1.50 (223 kr) | 589 kr | - 62% | |
Housing | - 62% | |||
Housing in Malta is 62% cheaper than in Iceland | ||||
Malta | Iceland | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,768 (263,277 kr) | 337,107 kr | - 22% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,464 (217,955 kr) | 238,569 kr | - 9% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €93 (13,875 kr) | 222,135 kr | - 94% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,093 (162,699 kr) | 246,021 kr | - 34% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €739 (110,052 kr) | 155,625 kr | - 29% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €69 (10,207 kr) | 62,145 kr | - 84% | |
Internet 8 mbps (1 month) | €15 (2,233 kr) | 21,072 kr | - 89% | |
40” flat screen tv | €392 (58,429 kr) | 150,515 kr | - 61% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €120 (17,866 kr) | 24,394 kr | - 27% | |
Laundry detergent (3 l. ~ 100 oz.) | €7 (1,042 kr) | 3,236 kr | - 68% | |
Hourly rate for cleaning help | €12 (1,716 kr) | 7,154 kr | - 76% | |
Clothes | - 61% | |||
Clothes in Malta is 61% cheaper than in Iceland | ||||
Malta | Iceland | Diff | ||
1 pair of jeans (levis 501 or similar) | €80 (11,911 kr) | 16,280 kr | - 27% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | €30 (4,509 kr) | 18,714 kr | - 76% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | €100 (14,889 kr) | 26,530 kr | - 44% | |
1 pair of men’s leather business shoes | €120 (17,866 kr) | 35,893 kr | - 50% | |
Transportation | - 64% | |||
Transportation in Malta is 64% cheaper than in Iceland | ||||
Malta | Iceland | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €26,952 (4,012,691 kr) | 6,086,940 kr | - 34% | |
1 liter (1/4 gallon) of gas | €1.34 (200 kr) | 313 kr | - 36% | |
Monthly ticket public transport | €22 (3,337 kr) | 16,297 kr | - 80% | |
Personal Care | - 48% | |||
Personal Care in Malta is 48% cheaper than in Iceland | ||||
Malta | Iceland | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €12 (1,787 kr) | 2,500 kr | - 29% | |
1 box of antibiotics (12 doses) | €20 (2,978 kr) | 3,085 kr | - 3% | |
Short visit to private doctor (15 minutes) | €15 (2,233 kr) | 19,528 kr | - 89% | |
1 box of 32 tampons (tampax, ob, ...) | €12 (1,787 kr) | 750 kr | + 138% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.00 (447 kr) | 665 kr | - 33% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.26 (486 kr) | 948 kr | - 49% | |
4 rolls of toilet paper | €2.87 (427 kr) | 863 kr | - 51% | |
Tube of toothpaste | €2.50 (372 kr) | 577 kr | - 36% | |
Standard men's haircut in expat area of the city | €15 (2,233 kr) | 6,596 kr | - 66% | |
Entertainment | - 46% | |||
Entertainment in Malta is 46% cheaper than in Iceland | ||||
Malta | Iceland | Diff | ||
Basic dinner out for two in neighborhood pub | €60 (8,933 kr) | 12,694 kr | - 30% | |
2 tickets to the movies | €21 (3,101 kr) | 5,796 kr | - 46% | |
2 tickets to the theater (best available seats) | €80 (11,911 kr) | 17,961 kr | - 34% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 (14,889 kr) | 18,942 kr | - 21% | |
1 cocktail drink in downtown club | €9 (1,340 kr) | 3,082 kr | - 57% | |
Cappuccino in expat area of the city | €3.50 (521 kr) | 697 kr | - 25% | |
1 beer in neighbourhood pub (500ml or 1pt.) | €3.26 (486 kr) | 1,183 kr | - 59% | |
Ipad wi-fi 128gb | €634 (94,418 kr) | 179,000 kr | - 47% | |
1 min. of prepaid mobile tariff (no discounts or plans) | €0.54 (80 kr) | - | - | |
1 month of gym membership in business district | €54 (7,975 kr) | 38,993 kr | - 80% | |
1 package of marlboro cigarettes | €5.31 (791 kr) | 1,775 kr | - 55% | |
TOTAL | - 55% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 277 prices entered by 41 different people.
These prices were last updated on March 01, 2024.
Exchange rate:
148.886
ISK
/
EUR
Cost of living in Malta is 55% cheaper than in Iceland
Other Country Comparisons
- Cost of living in Albania is 68% cheaper than in Iceland
- Cost of living in Andorra is 52% cheaper than in Iceland
- Cost of living in Argentina is 76% cheaper than in Iceland
- Cost of living in Antigua and Barbuda is 51% cheaper than in Iceland
- Cost of living in Antarctica is in Iceland
- Cost of living in Afghanistan is 72% cheaper than in Iceland
- Cost of living in American Samoa is in Iceland
- Cost of living in Angola is 53% cheaper than in Iceland