Malta is ranked the 25th richest country in Europe and has a population of just 408,333. Malta is comprised of several islands although only three of the larger islands are inhabited. The country’s two official languages are Maltese and English and it is a member of the European single currency.
Living in Malta
Malta has a Mediterranean climate and is mild all year round. There is a rainy season lasting from October to February but even with this Malta still has the lowest rainfall rate in Europe. Another advantage to living in Malta is that it has 14 public holidays a year, the highest in the EU.
Cost of living
The average monthly disposable monthly income after tax in Malta is between €900-€2000. A cappuccino averages €1.23 and the average rent of a one bedroom city centre apartment is between €230-€550.
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