Cost of living comparison

 Malta
compared to
 South Korea
South Korea vs. Malta Cost of Living Summary

South Korea is 8.2% more expensive than Malta overall.

Restaurants
pay 47.0% less in South Korea
Groceries
pay 77.7% more in South Korea
Transportation
pay 1.4% more in South Korea
Housing
pay 24.1% less in South Korea
Childcare
pay 64.1% more in South Korea
Entertainment and Sports
pay 6.1% less in South Korea
Clothing
pay 8.4% less in South Korea

The cost of groceries, childcare, and transportation in South Korea are more expensive than in Malta. Expenses including restaurants, housing, clothing, and entertainment and sports are lower in South Korea. Notably, groceries is significantly more expensive in South Korea.

South Korea vs. Malta Cost Breakdown

If you lived in South Korea instead of Malta, you would:

pay 47.0% less for restaurants

 
Malta
South Korea
Basic meal with drink at inexpensive restaurant $15.58
€14.32
$6.16
₩9,057
Fast food combo meal
McDonalds, or similar
$9.83
€9.04
$5.24
₩7,703
Bottle of Coca-Cola (11 fl. oz) $2.16
€1.99
$1.47
₩2,164

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pay 77.7% more for groceries

 
Malta
South Korea
Bread
1 loaf
$1.20
€1.10
$3.08
₩4,524
Local cheese (8 oz) $4.39
€4.04
$5.40
₩7,947
Milk (1 gallon) $4.49
€4.13
$7.46
₩10,967

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pay 1.4% more for transportation

 
Malta
South Korea
Gasoline (1 gallon) $5.42
€4.98
$4.39
₩6,459
Monthly public transit pass $23.63
€21.73
$45.32
₩66,633
New Volkswagen Golf 1.4 (standard edition) $26,001.46
€23,908.29
$27,023.07
₩39,734,716

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pay 24.1% less for housing

 
Malta
South Korea
Internet connection
50 mbps or faster, cable/dsl
$31.01
€28.51
$17.65
₩25,959
1-Bedroom apartment in downtown area $947.36
€871.10
$426.93
₩627,760
1-Bedroom apartment outside city center $804.74
€739.96
$328.41
₩482,899

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pay 64.1% more for childcare

 
Malta
South Korea
Private preschool for 1 child, monthly $587.45
€540.16
$373.40
₩549,048
Middle school for 1 child, two semesters $8,655.79
€7,958.98
$22,907.58
₩33,683,299

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pay 6.1% less for entertainment and sports

 
Malta
South Korea
Domestic/local beer (1 pint) $3.44
€3.16
$3.09
₩4,549
Cappuccino in mid-range area $2.38
€2.19
$3.39
₩4,984
Pack of cigarettes
Marlboro or similar
$5.93
€5.45
$3.21
₩4,726

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pay 8.4% less for clothing

 
Malta
South Korea
Regular jeans
Levi's brand
$89.57
€82.36
$60.70
₩89,260
Regular dress
from H&M or similar store
$36.50
€33.56
$44.52
₩65,466
Running shoes
Nike or Adidas
$88.33
€81.22
$72.99
₩107,328

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: March 2025
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