Cost of Living in Malé, Maldives
Maldives · Asia
Cost of Living in Malé: Quick Answer
The average cost of living in Malé, Maldives is approximately $1,600 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 55, using New York City as the 100-point benchmark.
$1,600
Monthly Cost
avg/person
55
Cost Index
NYC = 100
58
Rent Index
NYC = 100
65
Quality of Life
Good
68
Safety Index
Good
0.2M
Population
MVR
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $5 |
| Meal for 2 (mid-range) | $22 |
| McMeal at McDonald's | $7 |
| Domestic Beer (0.5L) | $0 |
| Imported Beer (0.33L) | $0 |
| Cappuccino | $3.5 |
| Coke/Pepsi (0.33L) | $1.2 |
| Water (0.33L) | $0.6 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $2.2 |
| Bread (500g) | $1.2 |
| Rice (1kg) | $1.2 |
| Eggs (12) | $3 |
| Chicken (1kg) | $6 |
| Beef (1kg) | $10 |
| Apples (1kg) | $3.5 |
| Banana (1kg) | $1.5 |
| Tomato (1kg) | $2 |
| Potato (1kg) | $1.5 |
| Onion (1kg) | $1.2 |
| Water (1.5L) | $0.8 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $0.5 |
| Monthly Pass | $20 |
| Taxi 1km | $1 |
| Gasoline (1L) | $1.1 |
| Volkswagen Golf | $40000 |
| Toyota Corolla | $32000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $120 |
| Mobile Plan | $22 |
| Internet (60 Mbps) | $55 |
| Fitness Club/month | $60 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $900/mo |
| 1BR Outside | $600/mo |
| 3BR Center | $2,200/mo |
| 3BR Outside | $1,400/mo |
| Price/m² Center | $4,000/m² |
| Price/m² Outside | $2,500/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $1000 |
| Mortgage Interest Rate | 11% |
Cost of Living in Malé: Complete Guide
The cost of living in Malé, Maldives, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $1,600. The city's cost of living index is 55, compared with a New York City benchmark of 100.
Monthly Expenses in Malé
A typical monthly budget in Malé includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Malé
A one-bedroom apartment outside the city center costs approximately $600 per month, while a one-bedroom apartment in the city center costs around $900. A three-bedroom apartment in the center averages $2,200 per month.
Average Salary in Malé
The average net salary in Malé is approximately $1,000 per month. Purchasing power is rated 55out of 100.
Is Malé Expensive to Live In?
With a cost of living index of 55,Malé is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Malé
Safety
Malé has a safety score of 68/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Malé is rated 60/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Malé is 72/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Malé has a purchasing power score of 55/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Malé
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Malé should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Malé fits their monthly budget.
Is Malé Affordable?
Affordability depends on income and housing choices. The cost index of 55provides a useful benchmark when comparing Malé with other cities.
Key Cost of Living Facts for Malé
- Average Monthly Cost
- $1,600
- Cost Index
- 55
- Rent Index
- 58
- Average Net Salary
- $1,000
- Quality of Life
- 65/100
- Safety
- 68/100
- Healthcare
- 60/100
- Currency
- MVR
Frequently Asked Questions About Malé
What is the cost of living in Malé?
The estimated cost of living in Malé, Maldives, is approximately $1,600 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Malé?
A one-bedroom apartment outside the center costs approximately $600 per month, while a one-bedroom apartment in the center costs about $900.
Is Malé expensive to live in?
Malé has a cost index of 55 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Malé?
The average net salary in Malé is approximately $1,000 per month.
Is Malé good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Malé is suitable for relocation.