Cost of living comparison
Malta is 17.5% cheaper than Reykjavik.
- Restaurants
-
pay 32.1% less in Malta
- Groceries
-
pay 34.8% less in Malta
- Transportation
-
pay 31.3% less in Malta
- Housing
-
pay 33.6% less in Malta
- Childcare
-
pay 88.7% more in Malta
- Entertainment and Sports
-
pay 45.4% less in Malta
- Clothing
-
pay 33.7% less in Malta
Expenses including entertainment and sports, groceries, clothing, housing, restaurants, and transportation are lower in Malta. Notably, childcare is significantly more expensive in Malta.
If you lived in Malta instead of Reykjavik, you would:
pay 32.1% less for restaurants
|
Reykjavik
|
Malta
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,552
|
$15.58
€13.70
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,299
|
$9.83
€8.65
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK402
|
$2.16
€1.90
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK279
|
$1.54
€1.36
|
|
pay 34.8% less for groceries
|
Reykjavik
|
Malta
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK461
|
$1.20
€1.05
|
|
| Local cheese (8 oz) |
$7.76
ISK990
|
$4.39
€3.86
|
|
| Milk (1 gallon) |
$6.40
ISK817
|
$4.49
€3.95
|
|
|
Eggs
1 dozen
|
$5.76
ISK735
|
$3.20
€2.81
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,206
|
$3.56
€3.13
|
|
| Apples (1 lb) |
$1.40
ISK179
|
$1.28
€1.13
|
|
| Bananas (1 lb) |
$1.01
ISK129
|
$0.84
€0.74
|
|
| Oranges (1 lb) |
$1.22
ISK155
|
$1.02
€0.89
|
|
| Tomatoes (1 lb) |
$2.22
ISK284
|
$1.33
€1.17
|
|
| Potatoes (1 lb) |
$1.43
ISK183
|
$0.78
€0.69
|
|
| Onions (1 lb) |
$0.93
ISK119
|
$0.85
€0.74
|
|
pay 31.3% less for transportation
|
Reykjavik
|
Malta
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,085
|
$5.42
€4.76
|
|
| Monthly public transit pass |
$74.95
ISK9,565
|
$23.63
€20.78
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,417,102
|
$26,001.46
€22,863.63
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,069
|
$28.45
€25.02
|
|
pay 33.6% less for housing
|
Reykjavik
|
Malta
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,916
|
$31.01
€27.27
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK251,541
|
$947.36
€833.03
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK230,137
|
$804.74
€707.63
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,885
|
$69.35
€60.98
|
|
pay 88.7% more for childcare
|
Reykjavik
|
Malta
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK32,176
|
$587.45
€516.56
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK764,894
|
$8,655.79
€7,611.21
|
|
pay 45.4% less for entertainment and sports
|
Reykjavik
|
Malta
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,380
|
$3.44
€3.02
|
|
| Cappuccino in mid-range area |
$5.31
ISK677
|
$2.38
€2.10
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,563
|
$5.93
€5.21
|
|
| Monthly membership at local gym |
$69.95
ISK8,926
|
$56.85
€49.99
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,885
|
$9.86
€8.67
|
|
pay 33.7% less for clothing
|
Reykjavik
|
Malta
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,906
|
$89.57
€78.76
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,345
|
$36.50
€32.09
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK19,378
|
$88.33
€77.67
|
|
| Men's business shoes (leather) |
$194.16
ISK24,776
|
$99.58
€87.57
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Malta or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.