Valletta, Malta
Europe's smallest capital, a UNESCO World Heritage city built by the Knights of St. John, with stunning Baroque architecture, fortified walls, and a grand harbor.
Overview
Valletta is a city in Valletta District with a population of 5,700. Europe’s smallest capital, a UNESCO World Heritage city built by the Knights of St. John, with stunning Baroque architecture, fortified walls, and a grand harbor. Housing is notably more expensive than the national average. Gardening thrives here — the 6b growing zone supports Cool to mild — apples, pears, berries, many vegetables. The city enjoys abundant sunshine, with about 300 sunny days a year. Reported crime rates are relatively low.
Last updated: October 22, 2026
Above Average vs Malta Avg (100)
Above Average
Household income
Job market health
Valletta vs Malta Average
Taxes
- State Income Tax: 35.0%
- Sales Tax: 18.0%
Economy & Jobs
- Median Income: €32,000
- Unemployment: 3.0%
- Population: 5,700
Climate
- Sunny Days: 300/year
- Summer High: 88°F
- Winter Low: 50°F
- Farming Zone: USDA Zone 6b
Internet Speed
- Average 200 Mbps: 100 Mbps
- Coworking Spaces: 15+ locations
Housing
- Median Home: €350,000
- 1BR Rent: €1000/mo
Cost of Living
Valletta's cost of living index is 110 (Malta average = 100).
| Category | Valletta | National Average | Difference |
|---|---|---|---|
| Overall | 110 | 100 | +10.0% |
| Housing | 130 | 100 | +30.0% |
Data source: NSO Malta / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | €350,000 |
| Median Rent (1BR) | €1000/mo |
| Median Rent (2BR) | €1,250/mo |
| Price per Sq Ft | €233 |
Data source: MaltaPark / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Valletta:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | €50 | |
| Heating & Cooling | €2 | Estimated based on local climate. |
| Cooling (AC) | €6 | Estimated based on local climate and electricity rates |
| Water | €30 | Includes sewer |
| Internet (100+ Mbps) | €35 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | €123 | Monthly estimate (including heating & cooling) |
Data sources: MRA, Enemalta, GO 2025
Remote Work Score
Valletta scores 62/100 for remote work readiness:
Climate
Valletta 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" |
Cool to mild — apples, pears, berries, many vegetables
Natural Hazards
Valletta faces the following natural hazards:
Frequent drought conditions.
Extreme summer heat.
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 3.0%.
Crime & Safety
Crime rates in Valletta 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
Schools & Education
Academic Schedule
Standard academic calendar.
Demographics
The population of Valletta is diverse. The figures below show the ethnic, educational, and religious composition of the local population.
Ethnicity
Education
Religion
Demographic composition is derived from the Eurostat Urban Audit (city-level). Ethnicity figures are based on nationality / country of birth, as European statistics do not collect race or ethnicity data. Education figures reflect the highest level of education attained by the population aged 25-64.
Data source: Eurostat Urban Audit (2024)
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 Valletta, Malta?
The cost of living index in Valletta is 110, which is Higher the Malta national average of 100.
How much does it cost to buy a home in Valletta?
The median home price in Valletta is €350,000. The housing index is 130.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Valletta is approximately €1000/mo.
Does Valletta, VL have income tax?
Valletta is in VL, which has an income tax rate of 35%.
What is the climate like in Valletta?
Valletta 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: October 23, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.