A Tale Of Two Kings
When the King of Rock and Roll died in August 1977, his estate was valued at more than US$10 million....
Read more
FREE REPORT: BEST PLACES TO RETIRE
- Countries
Top Destinations:
Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.Best For:
- Store
Unlock The World
Overseas Havens Reports
Conference Kits
Lahardan Books
Your passport to a life well-lived abroadSubscriptions
Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com
- Countries
Top Destinations:
Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.Best For:
- Store
Unlock The World
Overseas Havens Reports
Conference Kits
Lahardan Books
Your passport to a life well-lived abroadSubscriptions
Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com
Gozo, Malta
Living Costs in Gozo, Malta
Nowadays, Malta is a modern, First World, European nation with a long-standing, stable democracy in place.
Malta is a member of the EU, the single biggest economic bloc on the planet, and the currency used is the euro.
Getting To Malta
Although there are no direct flights from the United States to Malta. So, traveling between the two countries is relatively straightforward.
Fly to Europe with a transatlantic carrier, such as Lufthansa, British Airways, Virgin Atlantic, or U.S. Airways, then connect to the island.
The national airline, Air Malta, serves a number of major airports around the continent. But, you can also connect from multiple European cities to Malta with low-cost airlines Ryanair, Easyjet, or Wizzair.
Apartment Or House Ownership Budget (for a couple) In Gozo
| Expense | Monthly Cost | Notes |
|---|---|---|
| Mortgage | N/A | Not included here as too variable. |
| Property Taxes | N/A | Malta does not charge a regular, annual property tax. |
| Transportation (bus, taxi, etc.) | 70 | 10-euro monthly bus pass (Gozo only). 6 taxi rides of 5 kms each. |
| Utilities | 75 | Electricity, water, garbage collection. |
| Cell phone | 49.99 | Including unlimited gigabytes, minutes, and SMS and 100 international minutes and SMS. |
| Internet and Cable | 30.50 | |
| Cable TV | 34.99 | Three three-hour maid visits a week. |
| Household help | 234 | Three three-hour maid visits a week. |
| Entertainment (costs for a couple). | 273.40 | Eating out twice a week: 200 (4 high-end meals (35 euros), 4 low-end meals (15 euros)) Drinks twice a week: 49.4 (6 cocktails (5.4 euros), 5 beers (1.60 euros), 5 wines (1.80 euros))Movie theater trip twice a month: 24. |
| Groceries | 200 | Basic items for a couple, with shopping trips four times a month. |
| Gym membership | 27.50 | Monthly fee at a basic gym. |
| Medical appointment | 20 | |
| Total | 1,015.38 |
All prices are using the Euro. Click here for currency conversion at today’s exchange rate.
Start Your New Life Today, Overseas
A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In
Apartment or House Rental Budget (for a couple)
| Expense | Monthly Cost | Notes |
|---|---|---|
| Rent | 730 | Three-bedroom apartment in city center. |
| Transportation (bus, taxi, etc.) | 70 | 10-euro monthly bus pass (Gozo only). 6 taxi rides of 5 kms each. |
| Utilities | 75 | Electricity, water, garbage collection. |
| Cell phone | 49.99 | Including unlimited gigabytes, minutes, and SMS and 100 international minutes and SMS. |
| Water | 100,000 | |
| Cell phone | 150,000 | Monthly package. |
| Internet and Cable TV | 65.49 | |
| Household help | 234 | Three three-hour maid visits a week. |
| Entertainment (costs for a couple). | 273.40 | Eating out twice a week: 200 (4 high-end meals (35 euros), 4 low-end meals (15 euros)) Drinks twice a week: 49.4 (6 cocktails (5.4 euros), 5 beers (1.60 euros), 5 wines (1.80 euros)) Movie theater trip twice a month: 24. |
| Groceries | 200 | Basic items for a couple, with shopping trips four times a month. |
| Gym Membership | 27.50 | Monthly fee at a basic gym. |
| Medical appointment | 20 | Basic clinic/GP visit (without insurance). |
| Total | 16,959,000 |
Penny-Pincher’s Budget (for a couple, bare minimum costs for all)
| Expense | Monthly Cost | Notes |
|---|---|---|
| Rent | 360 | One-bedroom outside of the city center. |
| Transportation (bus, taxi, etc.) | 10 | 10-euro monthly bus pass (Gozo only. |
| Utilities | 75 | Electricity, water, garbage collection. |
| Cell phone | 49.99 | Including unlimited gigabytes, minutes, and SMS and 100 international minutes and SMS. |
| Garbage collection | N/A | |
| Internet | 30.50 | |
| Cable TV | 34.99 | |
| Household help | 0 | No household help. |
| Entertainment (costs for a couple). | 159.20 | Eating out twice a week: 120 (8 low-end meals (15 euros)) Drinks twice a week: 27.2 (beer and wine only) Movie theater trip once a month: 12 |
| Groceries | 150 | Basic items for a couple, with shopping trips at discount stores four times a month. |
| Gym Membership | 0 | No gym membership. |
| Medical Appointment | 0 | Medical expenses not included. |
| Total | 869.68 |
Gozo FAQs
What Is Gozo, Malta, Known For?
Gozo, Malta, has long been a retirement destination for Maltese seniors. These days, retirees from further afield are beginning to set up home here.
More Resources From Malta
Popular Articles
English-Speaking Islands Where You Can Live Or Retire
English-speaking islands offer island life with some of the familiarity of home. Visit or relocate to any of these islands...
Read moreA Tale Of Two Kings
When the King of Rock and Roll died in August 1977, his estate was valued at...
Read moreMalta Articles
Europe’s Bargain Hotspots
Many North Americans looking to make a move overseas discount Europe right off the bat, thinking a retirement there is financially out of reach. This is a mistake. While of course you’ll pay a premium as a tourist in many of Europe’s capitals, the truth is that even they can be affordable choices if you know where to look and how to live like a local. Right now, I’m in Paris and, believe it or not, my husband and I...
Read more
Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.
RETIRE OVERSEAS AND LIVE LIKE ROYALTY
