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Living in Malta as an international student: Cost breakdown

Your guide to Malta's student living costs (€600-€1,200). Learn to budget and how GBS Malta adds value to your education investment.

Dreaming of studying abroad is a vibrant mix of images. 

You picture sun-drenched coastlines, historic streets echoing with stories, and lively new friends from all over the world. 

However, right after that dream comes the most important question for any international student: can you actually afford it? 

It is a genuine concern that makes or breaks the decision to study in a new country. The good news is, Malta offers a fantastic balance of world-class education with a remarkably manageable cost of living in Malta for students. 

This guide takes the guesswork out of your financial planning. We will break down every key expense, from accommodation and food to transport and leisure, so you can build a realistic budget and prepare for your adventure with confidence. 

Why Malta is a smart choice for students 

Malta presents a compelling case as you begin your journey of planning. 

The island is not just a stunning tourist destination; it's a rapidly developing hub for education and business. 

The lifestyle is relaxed, the weather is warm, and the community is incredibly welcoming. You will find that living in Malta as a student is a unique experience that combines a rich cultural history with a modern, English-speaking environment that makes day-to-day life much simpler. 

Beyond the beautiful beaches and historic sites, this island provides a supportive environment for your academic and personal growth. 

Top benefits of studying in Malta are: 

  • English-speaking environment 
  • One of the safest countries in the Europe 
  • Stunning Mediterranean climate and culture 
  • Free public and ferry transport after registering for a Tallinja Card 
  • Hub for growing industries 

The fact that Malta is a growing business hub for sectors like technology and finance gives you a tangible reason to consider your future beyond your degree. 

It signals a dynamic economy with ample career prospects, making your investment in education even more worthwhile. 

Now, let’s discuss the numbers you have been waiting for. 

Ready to plan your study journey in Malta?

Your monthly student budget in Malta 

A typical living in Malta as a student experience can comfortably fit within a budget of €600 to €1,200 per month, depending entirely on your personal choices and preferences (Source: EduStay Malta)

This range covers all the primary necessities and leaves room for some fun too. Understanding typical Malta student expenses, can help you make smart decisions to stretch your euro further. 

Your budget will be a direct reflection of your lifestyle, from choosing shared flats over private studios to cooking at home more often than eating out. 

The key is to be aware of the costs and have a plan. 

Expense Category Typical Monthly Range (€)
Accommodation (shared apartment) 300-600
Food and groceries 150-250
Utilities 80-150
Personal and leisure 100-150

(Note: Each of these figures are subject to change depending on the individual's interest. Also, note that Transportation in Malta is free for public and ferry transport after registering for a Tallinja Card.)

Accommodation (your home away from home) 

 Your accommodation will likely be your largest expense, but Malta offers a variety of choices to fit different budgets. 

Shared apartments outside the city centre are a popular and affordable option, with a monthly cost ranging from €300 to €600 (Source: EduStay Malta). 

If you want more privacy, a private studio can run you between €500 and €900 per month. It is always a wise idea to consider all the variables, as location and the number of roommates can make a big difference.  

For a hassle-free and convenient option, GBS Malta student residences offer a fantastic solution.  

GBS Malta offers two types of student housing close to our campus; student residence and shared apartments. Student residence offers two types of rooms; single en-suite (€375/week) and twin bed en-suite rooms (€250/week). While shared apartments can cost €190/week, and €375/week for a single room. This price includes everything from utilities to Wi-Fi and even access to a pool and gym. When you factor in all the amenities and peace of mind of secure, on-campus living, the value becomes really clear. 

Choosing this option can simplify your budget by bundling many of your expenses into a single, predictable payment. Check GBS Malta accommodation options here

Food and groceries (fuel for your studies) 

Eating well in Malta does not have to break the bank. 

You will find that cooking at home is a simple and effective way to save money, with monthly groceries typically costing between €150 and €250 for a single person. 

Local markets and supermarkets offer great deals on fresh produce. Of course, you will want to try some local food. An occasional meal at a mid-range restaurant costs around €15 to €20. 

This balance between home-cooked meals and dining out lets you explore local flavours without overspending.    

Utilities and transport (the essentials) 

Utilities for a shared flat can add €80 to €150 to your monthly budget, covering things like electricity, water, and internet. 

When it comes to getting around, the study in Malta cost for transport is exceptionally low. The island is small and easy to navigate, with a robust public bus system. 

Malta offers free public and ferry transport for students. It only costs €25 to register and apply for the Tallinja Card, and it is a one-time fee. (Source: Malta Public Transport). 

Personal and leisure 

This part of the budget is where your choices come into play. 

A typical student allocates around €100 to €150 per month for personal expenses and leisure activities. This covers a phone plan, a coffee with friends, a movie ticket or exploring one of Malta’s many historical sites. 

The country’s diverse landscape and rich history mean that there are always affordable or free things to see and do, from hiking coastal trails to visiting ancient temples.    

Smart ways to stretch your Euro in Malta 

Managing a student budget is all about making smart, daily choices. 

You will quickly find that there are plenty of ways to save money without compromising on your experience. 

One simple tip is to cook with friends and split the cost of groceries. This saves money and makes great memories. 

Another tip is to always look for student discounts. Many places offer them, from clothing stores to museums, and it is a convenient way to save money. Check about the ISIC Card here. We have also collaborated with a few restaurants and coffee shops where students can get discounts by presenting their GBS Malta student card. 

Quick tips to stay on budget: 

  • Cook with friends to save on groceries 
  • Take advantage of student discounts 
  • Explore the countless free natural and historical sites 
  • Consider part-time work opportunities 

While considering part-time work is an excellent way to earn extra income, it is important to know the rules. 

International students can legally work up to 20 hours per week, but only after they have received their Residence Card. 

It is a process that can take a few months, so you should have sufficient funds to cover your initial cost of living in Malta for students during that period. This is an important detail that is often overlooked and can help you plan more effectively. 

Beyond the cost: The GBS Malta advantage 

It is one thing to manage Malta student expenses and quite another to ensure your educational investment pays off. 

This is where real value comes in. 

While being able to afford living in Malta as a student is a huge win, the long-term returns on your education are what truly matter. 

At GBS Malta, the goal is to ensure your degree leads to a successful career. Our programmes are carefully aligned with the needs of growing industries. This means you are learning the skills that employers in Malta and across the globe are actively searching for. 

We also offer dedicated career support services to guide you from student to professional. This is more than just a service; it's a partnership. 

We provide personalised career counselling, resume feedback, and access to a professional network to help you land your dream job.    

The most valuable financial benefit, however, is the Get Qualified scheme. This is a government-backed national initiative that refunds up to 70% of your tuition fees after you graduate and start working in Malta. 

The Get Qualified scheme is applicable to all of our programmes. Following your studies, you must work in Malta for two years in order to qualify for the tax benefits of this scheme. 

It transforms your educational journey into a tangible investment with a direct financial return. Choosing GBS Malta means you are not just getting a degree; you are investing in a future where your education pays you back, literally.    

Your affordable Mediterranean dream is possible 

Let us bring it all together. 

The dream of studying abroad, immersing yourself in a new culture, and getting a top-tier education is well within your reach. With a sensible monthly budget, and a wide array of affordable options for accommodation, food and transport, the cost of living in Malta for students is completely manageable. 

By choosing GBS Malta, you are making a smart decision that extends beyond the classroom. You are investing in industry-aligned programmes, a supportive community, and a future with a clear professional path. The added financial benefits of the Get Qualified scheme make your education an even smarter investment. 

It is not just about finding your way to Malta, but also about thriving in the country. 

Explore our programmes at GBS Malta and take the first step towards an unforgettable education under the sun. 

Apply Now. 

Still have questions about budgeting? 

Contact our friendly admissions team – we are happy to help you plan. 

FAQs

1. What are the best banks for international students in Malta?

There are some solid options, including Bank of Valletta (BOV) and HSBC Bank Malta. Both offer student accounts with benefits like no annual fees, free debit cards and mobile banking services. It is best to check their websites for the latest offerings and find out what documents you need to open an account. 

2. Are there areas in Malta that are more affordable for students to live in?

Yes. GBS Malta itself offers an affordable accommodation options based on your budget. You can accommodate in Single Suite Rooms or choose shared options as well. For more details, check our accommodation page.

3. How does Malta’s cost of living compare to other European countries?

Malta is generally considered one of the more affordable European countries for students, particularly when it comes to rent and public transport. For instance, rent in Malta is significantly cheaper than in cities like London or New York. This makes your funds go a lot further compared to many other popular international study destinations.

4. Besides tuition fees, what are some of the other government-related fees for international students?

You should plan for a few one-off fees upon arrival. These can include a refundable deposit for your accommodation and a small Eco Tax deposit. The Get Qualified scheme does not charge any additional fees. 

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