Moving to Iceland from Malta

moving to

What to Expect

Everything you need to know before relocating from Malta to Iceland — costs, safety, healthcare, and practical first steps.

If you moved from Malta to Iceland, you would find that Iceland is 78.4% more expensive than Malta overall. A €65,577 salary in Malta would need to be roughly ISK16,621,608 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic. You’ll also switch from driving on the left to the right. Expect a noticeable climate shift — Reykjavik averages 45°F vs 72°F in Valletta, making it significantly cooler.

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How Far Will Your Money Go?

What to expect for your wallet after moving from Malta to Iceland.

What does your salary buy?

€65,577 ISK16,621,608

To maintain the same standard of living in Iceland

Calculate with your salary →

Where you'll feel the difference day-to-day

Restaurants

pay 57.3% more

Groceries

pay 73.8% more

Transportation

pay 85.0% more

Housing

pay 87.0% more

Childcare

pay 90.2% more

Entertainment and Sports

pay 93.5% more

See full cost of living breakdown
Exchange rate: 1 EUR = 143.37 ISK (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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Who Else Is Making This Move?

How many people actually move from Malta to Iceland, based on official data.

Moved in 2023
2 ↓ 33% vs 2022

people moved from Malta to Iceland · OECD (latest data available)

Who's moving to Iceland?

Top countries of origin for Iceland's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

Key indicators for anyone considering a move from Malta to Iceland.

Is it safe?

Homicide rate United Nations SDG Indicators, 2023

per 100,000 people per year

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

per 100,000 people per year

MT
1.9
IS
2.4

Malta performs better than Iceland across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

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

affects wait times and access to care

MT
42.8
IS
45.2

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

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

tonnes of CO₂ emitted per person per year

MT
3.2t
IS
8.5t

Malta generally does better on environment, though Iceland leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

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

higher means greater strain on freshwater supply

MT
78.3%
IS
0.4%

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

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

a broad measure of economic output per person

MT
$57,200
IS
$66,500

Malta generally does better on employment & economy, though Iceland leads in gdp per capita.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

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

deaths per 1,000 live births — lower is better

MT
4.5
IS
1.6

Iceland performs significantly better than Malta across all family life metrics.

Data: Government of Malta - Inland Revenue, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

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

Avg. annual high / low

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

Avg. annual high / low

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

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

Visitor Visa Requirements

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

Malta passport

Malta passport holder visiting Iceland

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

Iceland passport holder visiting Malta

Visa Free
Iceland passport holders can enter Malta 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 Iceland than Malta?

No — Iceland is on average about 77% more expensive than Malta. City-level variation matters.

How much money do I need to move to Iceland?

Plan for at least 3 months of living expenses — roughly ISK4,155,402 in Iceland on a €65,577 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).

Can I work remotely from Iceland?

Internet is rarely the blocker — Iceland has 38.2 fixed broadband subscriptions per 100 people. The real questions are legal: digital nomad visa eligibility, your employer's overseas-work policy, and tax residency in both countries.

Is Iceland safe for expats?

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

How is healthcare in Iceland compared to Malta?

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

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

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

What language do they speak in Iceland?

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

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At a Glance

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