Cost of Living in Malta as a Student
In Maltese we say “bla flus la tgħannaq u lanqas tbus” (with money you can’t hug or kiss, i.e. you can’t live live a good life), so it’s worth understanding the cost of your study-abroad adventure, crucial for a successful and financially sustainable stay. In this article, we will delve into the cost of living in Malta for students, covering essential aspects to help you plan your budget effectively.
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Accommodation Costs
One of the most significant expenses for students in Malta is accommodation. The options vary from university residences, private apartments, or shared housing. University accommodations can be cost-effective but often come with high demand. If you choose a private apartment, the rent can be relatively high in urban areas like Valletta or Sliema. On average, students should budget between €300 and €700 per month for shared housing, depending on their choice and location. Rents have gone dramatically up the last two or three years, and this impacts all categories of properties.
Food and Groceries
Malta offers a variety of dining options, from restaurants and cafes to street vendors. However, to save money, many students opt for cooking at home. Groceries from supermarkets are generally affordable, allowing you to maintain a balanced budget. To save more money you can buy from vegetable trucks (often around the main squares of towns) or the farmers market in Ta’ Qali on Saturday. On average, monthly grocery expenses range from €150 to €350.
Transportation Costs
Malta is a small island with a well-connected public transportation system. Here’s the good news - public transport is free! Malta, is the second nation after Luxembourg to make public transport free for the entire country. The bad news is you need a Tallinja card (a bus pass costing €15, a one time fee). This is by far the most economical way to get around the island. If you prefer to use a bicycle, it's a healthy and cost-effective alternative, but watch out - cars rule the streets! However, if you decide to rent or own a car or motorbike, it could get more expensive. There are also taxis which are plentiful and you can order them by app.
Healthcare Costs
Malta has a public healthcare system that offers free or low-cost medical services to European Union citizens with the European Health Insurance Card (EHIC). Non-EU students should have health insurance coverage. If you need private health insurance, expect to pay around €300 to €600 per year, depending on the insurance. Remember to get your E111 card if you’re from the EU.
Entertainment and Social Activities
Studying in Malta isn't just about academics. Enjoying the local culture and making the most of your experience often includes social activities. The cost of entertainment varies, but enjoying local cuisine, visiting historical sites, and exploring the vibrant nightlife can be quite reasonable. Plan for a monthly budget of approximately €100 to €200 for leisure activities, depending on what those activities actually are.
Tuition and Education-related Costs
Tuition fees in Malta depend on your chosen school or at the University of Malta, the specific course of study. It is essential to check your specific program's fees, as they can vary significantly. Additionally, consider expenses like textbooks, study materials, and any course-specific costs.
Part-Time Work
While studying in Malta, some students opt for part-time employment to supplement their finances. The Maltese government allows international students to work for up to 20 hours per week during term time and full-time during the holidays, but double check the legality or not of working. Popular options include the hospitality industry, language teaching, and part-time jobs within the university. In general, there is often work in Malta, especially in restaurants or bars or the service industry in general
Budgeting Tips
To manage the cost of living effectively in Malta (or anywhere else!), consider these tips:
- Create a monthly budget and stick to it.
- Look for student discounts on transportation and at local stores.
- Share accommodations with roommates to cut down on rent costs.
- Cook at home more often instead of eating out.
- Explore free or low-cost cultural and recreational activities.
- Keep track of your expenses using apps or spreadsheets.
Kurt, OLS Community Manager – Maltese