Moving to Malta from Iceland

moving to

What to Expect

A comprehensive look at what changes when you move from Iceland to Malta — from daily expenses to quality of life.

If you moved from Iceland to Malta, you would find that Malta is 33.2% cheaper than Iceland overall. A ISK9,423,000 salary in Iceland would need to be roughly €37,164 in Malta to maintain the same lifestyle, and you’d need to navigate life in English and Maltese. You’ll also switch from driving on the right to the left. Expect a noticeable climate shift — Valletta averages 72°F vs 45°F in Reykjavik, making it significantly warmer.

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How Far Will Your Money Go?

How your spending power changes when you relocate from Iceland to Malta.

What does your salary buy?

ISK9,423,000 €37,164

To maintain the same standard of living in Malta

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 35.2% less

Groceries

pay 34.8% less

Transportation

pay 33.9% less

Housing

pay 34.1% less

Childcare

pay 13.7% less

Entertainment and Sports

pay 44.2% less

See full cost of living breakdown
Exchange rate: 1 ISK = 0.007 EUR (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Key Indicator Comparison

How Iceland and Malta stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2023

per 100,000 people per year

IS
1.1
MT
0.6
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

IS
2.4
MT
1.9

Malta performs significantly better than Iceland across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

IS
$6,927
MT
$5,706
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

IS
45.2
MT
42.8

Iceland generally does better on health & wellbeing, though Malta leads in healthcare spending per person.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

IS
8.0
MT
21.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IS
8.5t
MT
3.2t

Iceland generally does better on environment, though Malta leads in co₂ emissions per capita.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

IS
38.2
MT
43.0
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

IS
0.4%
MT
78.3%

Iceland generally does better on infrastructure, though Malta leads in broadband per 100 people.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IS
3.6%
MT
3.1%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IS
$66,500
MT
$57,200

Iceland generally does better on employment & economy, though Malta leads in unemployment rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IS
83.6 yrs
MT
83.2 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IS
1.6
MT
4.5

Iceland performs better than Malta across all family life metrics.

Data: Directorate of Internal Revenue, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Valletta Rain: 21.8 in/yr (553 mm)
72° / 59°F

Avg. annual high / low

Months Reykjavik Valletta
Jan–Mar 37°/28°F (3°/-2°C) 60°/49°F (16°/10°C)
Apr–Jun 48°/38°F (9°/4°C) 74°/59°F (23°/15°C)
Jul–Sep 54°/45°F (12°/7°C) 85°/70°F (30°/21°C)
Oct–Dec 39°/31°F (4°/-1°C) 69°/57°F (20°/14°C)
View all months
Month Reykjavik Valletta
Jan 35°/27°F (1.9°/-3.0°C) 59°/49°F (15.2°/9.2°C)
Feb 37°/28°F (2.8°/-2.1°C) 60°/49°F (15.5°/9.3°C)
Mar 38°/28°F (3.2°/-2.0°C) 62°/50°F (16.7°/10.1°C)
Apr 42°/33°F (5.7°/0.4°C) 66°/53°F (19.1°/11.9°C)
May 49°/38°F (9.4°/3.6°C) 74°/59°F (23.3°/14.9°C)
Jun 53°/44°F (11.7°/6.7°C) 82°/65°F (27.5°/18.4°C)
Jul 56°/47°F (13.3°/8.3°C) 87°/70°F (30.7°/21.0°C)
Aug 55°/46°F (13.0°/7.9°C) 87°/71°F (30.7°/21.8°C)
Sep 50°/41°F (10.1°/5.0°C) 82°/68°F (28.0°/20.1°C)
Oct 44°/36°F (6.8°/2.2°C) 76°/63°F (24.2°/17.1°C)
Nov 38°/30°F (3.4°/-1.3°C) 68°/57°F (20.1°/13.9°C)
Dec 36°/27°F (2.2°/-2.8°C) 62°/52°F (16.7°/11.0°C)

Data: Icelandic Meteorological Office Icelandic Meteorological Office, Meteorological Office Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between Iceland and Malta. To live, work, or study long-term in Malta, you'll need a separate residence or work visa — check Malta's immigration authority.

Iceland passport

Iceland passport holder visiting Malta

Visa Free
Iceland passport holders can enter Malta without a visa.
Malta passport

Malta passport holder visiting Iceland

Visa Free
Malta passport holders can enter Iceland without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Malta than Iceland?

Generally yes: Malta runs about 43% cheaper than Iceland on average, though it depends heavily on the city.

How much money do I need to move to Malta?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a ISK9,423,000 comparable salary, that's around €9,291 in Malta for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Malta?

With 43.0 fixed broadband subscriptions per 100 people, Malta can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Iceland and Malta.

Is Malta safe for expats?

Malta performs significantly better than Iceland across all safety metrics. The homicide rate in Malta is 0.6 per 100,000 people, compared to 1.1 in Iceland.

How is healthcare in Malta compared to Iceland?

Iceland generally does better on health & wellbeing, though Malta leads in healthcare spending per person. There are 42.8 doctors per 10,000 people in Malta, compared to 45.2 in Iceland. Malta scores 85 on the WHO universal health coverage index (Iceland: 89).

What's the weather like in Malta compared to Iceland?

The average high temperature in Valletta is 72°F, compared to 45°F in Reykjavik. Valletta receives around 21.8 in of rainfall per year, while Reykjavik gets 31.4 in.

What language do they speak in Malta?

The official languages in Malta are English and Maltese. In Iceland, the official language is Icelandic.

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At a Glance

IS MT
Population 357,603 464,186
Currency Icelandic Króna (ISK) Euro (€)
Languages Icelandic English, Maltese
Driving side Right Left
Calling code +354 +356
Time zones 1 1
Emergency number 112 112