Sliema, Malta
Malta's most cosmopolitan town, a bustling waterfront hub with a vibrant promenade, shopping district, and stunning views across Marsamxett Harbour to Valletta.
Above Average vs Malta Avg (100)
Above Average
Household income
Job market health
Sliema vs Malta Average
Taxes
- Income Tax: 35.0%
- VAT: 18.0%
Economy & Jobs
- Median Income: €34,000
- Unemployment: 3.0%
- Population: 22,000
Climate
- Sunny Days: 300/year
- Summer High: 88°F
- Winter Low: 50°F
Housing
- Median Home: €400,000
- 1BR Rent: €1100/mo
Cost of Living
Sliema's cost of living index is 115 (Malta average = 100).
| Category | Sliema | National Average | Difference |
|---|---|---|---|
| Overall | 115 | 100 | +15.0% |
| Housing | 140 | 100 | +40.0% |
Data source: NSO Malta / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | €400,000 |
| Median Rent (1BR) | €1100/mo |
| Median Rent (2BR) | €1,375/mo |
| Price per Sq Ft | €266 |
Data source: MaltaPark / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Sliema:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | €80 | Based on ~3,500 kWh/year typical Maltese household usage |
| Heating & Cooling | €2 | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | €6 | Estimated based on local climate and electricity rates |
| Water | €30 | Includes sewer |
| Internet (100+ Mbps) | €40 | Broadband average |
| Garbage / Trash | €20 | Private service |
| Total Utilities | €178 | Monthly estimate (including heating & cooling) |
Data sources: MRA, Enemalta, GO 2025
Best Neighborhoods
Downtown Sliema
The heart of the city with restaurants, shops, and entertainment. Average rent: €1,320/mo.
Sliema Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: €1,210/mo.
East Sliema
Up-and-coming neighborhood with new developments and young professionals. Average rent: €990/mo.
West Sliema
Family-friendly area with parks and good schools. Average rent: €1,045/mo.
Remote Work Score
Sliema scores —/100 for remote work readiness:
Climate
Sliema has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 70°F | 50°F | 2.5" |
| April | 73°F | 65°F | 2.8" |
| July | 88°F | 63°F | 1.5" |
| October | 68°F | 68°F | 2.2" |
Taxes
- Income Tax: 35%
- VAT: 18%
- Property Tax: ~0.5% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.0%.
Crime & Safety
Crime rates in Sliema per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: Eurostat
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 €1100/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 88°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: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.