Cost of living comparison
compared to
Iceland vs. Malta Cost of Living Summary
Iceland is 78.4% more expensive than Malta overall.
- Restaurants
-
pay 57.3% more in Iceland
- Groceries
-
pay 73.8% more in Iceland
- Transportation
-
pay 85.0% more in Iceland
- Housing
-
pay 87.0% more in Iceland
- Childcare
-
pay 90.2% more in Iceland
- Entertainment and Sports
-
pay 93.5% more in Iceland
- Clothing
-
pay 62.3% more in Iceland
The cost of entertainment and sports, childcare, housing, transportation, groceries, and clothing in Iceland are more expensive than in Malta. Notably, entertainment and sports, childcare, and housing are significantly more expensive in Iceland.
Iceland vs. Malta Cost Breakdown
If you lived in Iceland instead of Malta, you would:
pay 57.3% more for restaurants
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.96
€15.49
|
$26.52
ISK3,394
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.23
€9.69
|
$21.32
ISK2,728
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.39
€2.06
|
$3.11
ISK398
|
|
| Bottle of water (11 fl. oz) |
$1.68
€1.45
|
$2.72
ISK348
|
|
Malta vs. Iceland - Cost of restaurants
pay 73.8% more for groceries
|
Malta
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.26
€1.09
|
$3.80
ISK487
|
|
| Local cheese (8 oz) |
$4.95
€4.27
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$5.03
€4.33
|
$7.78
ISK996
|
|
|
Eggs
1 dozen
|
$3.71
€3.20
|
$6.71
ISK859
|
|
| Boneless chicken breast (1 lb) |
$4.03
€3.48
|
$11.22
ISK1,436
|
|
| Apples (1 lb) |
$1.48
€1.28
|
$1.50
ISK191
|
|
| Bananas (1 lb) |
$0.98
€0.85
|
$1.15
ISK147
|
|
| Oranges (1 lb) |
$1.26
€1.09
|
$1.41
ISK181
|
|
| Tomatoes (1 lb) |
$1.39
€1.20
|
$2.34
ISK300
|
|
| Potatoes (1 lb) |
$0.83
€0.72
|
$1.65
ISK211
|
|
| Onions (1 lb) |
$1.00
€0.86
|
$1.09
ISK140
|
|
Malta vs. Iceland - Cost of groceries
pay 85.0% more for transportation
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.92
€5.10
|
$9.65
ISK1,235
|
|
| Monthly public transit pass |
$24.36
€21.01
|
$79.56
ISK10,182
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,920.78
€26,663.83
|
$49,144.25
ISK6,289,481
|
|
| Taxi trip in downtown area (5 miles) |
$27.98
€24.13
|
$25.55
ISK3,270
|
|
Malta vs. Iceland - Cost of transportation
pay 87.0% more for housing
|
Malta
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.98
€29.30
|
$95.65
ISK12,241
|
|
| 1-Bedroom apartment in downtown area |
$1,136.89
€980.37
|
$2,289.17
ISK292,968
|
|
| 1-Bedroom apartment outside city center |
$992.07
€855.49
|
$1,830.04
ISK234,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$80.91
€69.77
|
$65.15
ISK8,338
|
|
Malta vs. Iceland - Cost of housing
pay 90.2% more for childcare
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$469.75
€405.08
|
$334.67
ISK42,830
|
|
| Middle school for 1 child, two semesters |
$9,931.03
€8,563.80
|
$30,711.08
ISK3,930,404
|
|
Malta vs. Iceland - Cost of childcare
pay 93.5% more for entertainment and sports
|
Malta
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.09
€3.53
|
$11.14
ISK1,426
|
|
| Cappuccino in mid-range area |
$2.73
€2.36
|
$5.62
ISK720
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.57
€5.66
|
$13.90
ISK1,778
|
|
| Monthly membership at local gym |
$64.29
€55.44
|
$78.17
ISK10,004
|
|
| Movie ticket to theater/cinema |
$10.74
€9.26
|
$16.75
ISK2,144
|
|
Malta vs. Iceland - Cost of entertainment and sports
pay 62.3% more for clothing
|
Malta
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$92.64
€79.89
|
$130.91
ISK16,753
|
|
|
Regular dress
from H&M or similar store
|
$45.37
€39.12
|
$61.83
ISK7,913
|
|
|
Running shoes
Nike or Adidas
|
$104.01
€89.69
|
$163.81
ISK20,965
|
|
| Men's business shoes (leather) |
$110.90
€95.63
|
$237.31
ISK30,371
|
|
Malta vs. Iceland - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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