Cost-of-living comparison · Eurostat PLI 2024

🇨🇾 Cyprus vs 🇲🇹 Malta

How the cost of living compares between Cyprus and Malta - overall and across rent, groceries, transport, healthcare, utilities and dining, weighed against local income.

Cheaper overall
Malta
Better value
Malta
Price gap
2%

Planning a move? Scale your income from Cyprus to Malta in the calculator, then save the pair to come back to it.

Cost by category - Cyprus vs Malta

Cyprus - price level by category

Overall cost95Housing & utilities92Groceries105Transport88Healthcare100Utilities108Restaurants89

Malta - price level by category

Overall cost93Housing & utilities80Groceries112Transport83Healthcare93Utilities60Restaurants89

Side-by-side

Category (EU-27 = 100) 🇨🇾 Cyprus 🇲🇹 Malta
Overall cost 95 93
Housing & utilities 92 80
Groceries 105 112
Transport 88 83
Healthcare 100 93
Utilities 108 60
Restaurants 89 89
Affordability (income ÷ cost) 23203 23667

Highlighted = lower price level (or higher affordability). Affordability = median net income ÷ cost index, higher is better.

What the Cyprus vs Malta comparison shows

On Eurostat's comparative price-level scale (EU-27 = 100), Malta is the cheaper of the two overall at index 93, against 95 for Cyprus - a difference of about 2% in everyday prices. Because the same standardised basket is priced in both countries, that gap is directly comparable and not an artefact of exchange rates.

The category table above shows the gap is rarely uniform. Housing usually drives most of the difference because rent cannot be traded across borders, so weight the rent row most heavily, a country that is cheaper on groceries but dearer on rent often works out more expensive in practice, since the rent gap is larger in absolute euros than the savings on smaller categories.

Price is only half the story. Measured against median net income, Malta offers the better value of the two, a typical income there stretches further once local prices are taken into account. The cheaper country is not automatically the one where you live best, which is why affordability, not the headline price level, is the number to anchor on.

Frequently asked questions

Is Cyprus or Malta cheaper to live in?

Malta is cheaper overall, its Eurostat cost-of-living index is 93 versus 95 for Cyprus (EU-27 = 100), a difference of about 2%.

Which has cheaper rent, Cyprus or Malta?

Malta has the lower housing price level (80 vs 92, EU-27 = 100). Rent is usually the largest single household expense, so it weighs heavily on real affordability.

Does cheaper mean better value in Cyprus vs Malta?

Not always. Adjusted for median net income, Malta offers the better value, a typical income there stretches furthest against local prices. The cheaper country is not automatically the one where you live best, because incomes differ too.

Source: Eurostat, comparative price levels (prc_ppp_ind) and median equivalised net income Price-level indices, EU-27 = 100, 2024.