Skyline of Sliema
Cost of Living: 115 15,000

Sliema, Malta

A stylish coastal town on the eastern coast of Malta, known for its waterfront promenade, shopping district, and stunning views of Valletta across the harbor.

Updated August 11, 2026
Cost of Living 115

Above Average vs Malta Avg (100)

Housing Index 140

Above Average

Median Income €35,000

Household income

Unemployment 2.8%

Job market health

Sliema vs Malta Average

Cost of Living
Sliema: 115
Malta Avg: 100
Housing Index
Sliema: 140
Malta Avg: 100
State Income Tax
Sliema: 35%

Taxes

  • State Income Tax: 35.0%
  • Sales Tax: 18.0%

Economy & Jobs

  • Median Income: €35,000
  • Unemployment: 2.8%
  • Population: 15,000

Climate

  • Sunny Days: 300/year
  • Summer High: 89°F
  • Winter Low: 50°F
  • Farming Zone: USDA Zone 6b

Housing

  • Median Home: €400,000
  • 1BR Rent: €1200/mo

Cost of Living

Sliema's cost of living index is 115 (Malta average = 100).

CategorySliemaNational AverageDifference
Overall115100+15.0%
Housing140100+40.0%

Data source: NSO Malta / Numbeo, 2026

Housing Market

MetricValue
Median Home Price€400,000
Median Rent (1BR)€1200/mo
Median Rent (2BR)€1,500/mo
Price per Sq Ft€266

Data source: MaltaPark / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

%
$90,000 down
%
%

Utilities

Estimated monthly utility costs for a typical household in Sliema:

UtilityEstimated Monthly CostNotes
Electricity€50
Heating & Cooling€2Estimated based on local climate.
Cooling (AC)€9Estimated based on local climate and electricity rates
Water€30Includes sewer
Internet (100+ Mbps)€35Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities€126Monthly estimate (including heating & cooling)

Data sources: MRA, Enemalta, GO 2025

Remote Work Score

Sliema scores —/100 for remote work readiness:

Cost of Living
115
Rent
€1200
Sunny Days
300
Tax
35%
Unemployment
2.8%
Climate
89°F / 50°F
Safety
0.5 homicides/100k
Population
15,000
Internet Speed
100 Mbps

Climate

Sliema has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January70°F50°F2.5"
April74°F65°F2.8"
July89°F64°F1.5"
October69°F68°F2.2"
USDA Zone 6b

Cool to mild — apples, pears, berries, many vegetables

Natural Hazards

Sliema faces the following natural hazards:

Drought High Risk

Frequent drought conditions.

Heat Wave High Risk

Extreme summer heat.

Tsunami Moderate Risk

Island nation with tsunami risk.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 35%
  • Sales Tax: 18%
  • Property Tax: ~0% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 2.8%.

Schools & Education

Total Schools

Academic Schedule

School Hours 8:00 AM – 2:00 PM
Academic Year September to June
Term System Semester — Fall (Sep-Jan), Spring (Feb-Jun)
Summer Break June to September (12 weeks)
Winter Break December to January (2 weeks)
Spring Break March/April (1-2 weeks)

Standard academic calendar.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Sliema, Malta?

The cost of living index in Sliema is 115, which is Higher the Malta national average of 100.

How much does it cost to buy a home in Sliema?

The median home price in Sliema is €400,000. The housing index is 140.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Sliema is approximately €1200/mo.

Does Sliema, SL have income tax?

Sliema is in SL, which has an income tax rate of 35%.

What is the climate like in Sliema?

Sliema enjoys approximately 300 sunny days per year. Summer highs reach around 89°F, while winter lows can drop to around 50°F.

Data Sources

  • Cost of Living: NSO Malta / Numbeo, 2026
  • Housing Data: MaltaPark / Numbeo, 2026
  • Income & Employment: NSO Malta Labour Force Survey, 2024
  • Utilities MRA, Enemalta, GO 2025

Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.