Cost of living and prices in Malé, prices of food, rent, shopping, etc. 🇲🇻
Updated Jul 2023

Looking for a place with exotic beaches, fantastic sea life and unique culture? Malé in Maldives is the perfect destination for you! This Southern Asian city offers pristine white sand beaches and crystal clear waters, perfect for snorkeling and diving.

Aside from its stunning natural attractions, Malé also boasts a low cost of living and affordable accommodations for tourists. With its affordable prices, you can enjoy the city's local cuisine and indulge in various activities such as swimming, surfing, dolphin watching, and more!

Enjoy the beauty of Malé without breaking the bank. With its exquisite natural beauty, it's no wonder why Malé is becoming a top destination for budget-conscious travelers who are looking for a one-of-a-kind experience.

Cost of Living Estimate in Malé

Total cost of living in Malé for two person with average consumption for one month will be 830.34 USD, no rent price included. Click here to calculate cost-of-living estimate in Malé

You can calculate cost of living in Malé by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Malé, the capital city of the Maldives, is a small island packed with diverse restaurants and eating options. Seafood is the main highlight in most of the restaurants. The stunning view of the Indian Ocean just adds to a delightful dining experience. You can savor the traditional Maldivian cuisine consisting of fish curry served with rice and a salad, or try something new from a range of international restaurants scattered across the island. From fast food chains to authentic Maldivian restaurants, you can find everything here. Apart from seafood, you can also indulge in scrumptious grilled chicken and beef burgers as well as vegetarian meals. Whatever your taste preference or budget, you're bound to find a perfect spot to experience wonderful food in Malé.

Enjoying the traditional "hedikaa" (Maldivian snacks) in Malé is an absolute must. Most of the snacks are bite-sized and perfect for on-the-go eating. You can experience the sweet and savory flavors of the Maldives while exploring the many cafes and restaurants. The most famous one being the fish cake, which is a street food item made from tuna fish. You can also try "bajiya", a pastry stuffed with fish or chicken filling and deep-fried to crunchiness. Additionally, "roshi" is a popular Maldivian flatbread, which is served usually with sweet or spicy tuna fillings. Quench your thirst with "raa" which is a traditional Maldivian drink. It is made by extracting toddy from coconut palms and is usually served chilled. Eating and enjoying the tastes of Maldivian street food will ensure an authentic and exciting experience.

Meal in Inexpensive Restaurant
3.56 $
Meal for 2 People, Mid-range Restaurant, Three-course
29.16 $
McMeal at McDonalds or Alternative Combo Meal
8.10 $
Domestic Beer, 0.5 liter Draught
3.58 $
Imported Beer, 0.33 liter Bottle
5.49 $
Cappuccino
2.36 $
Coca-Cola, 0.33 liter Bottle
0.99 $

Markets prices

Market prices in Malé, Maldives tend to be on the higher side due to the remoteness of the island nation. As a result, many goods and products need to be imported from other countries, which increases their cost. However, despite the higher prices, Malé still offers a variety of products and services for locals and tourists alike.

Fruits and vegetables in Malé can also be expensive due to the island's limited agricultural production. However, Maldives is known for its abundance of seafood, which tends to be more affordable. The local markets in Malé are a must-visit for both tourists and locals as they offer an opportunity to experience the island's unique cuisine and culture.

Water, 0.33 liter Bottle
0.36 $
Milk, Regular,1 liter
1.60 $
Loaf of Fresh White Bread, 0.5 kg
1.36 $
White Rice, 1 kg
0.84 $
Eggs, 12 pack
1.57 $
Local Cheese, 1 kg
7.55 $
Chicken Breasts, Boneless and Skinless, 1 kg
3.71 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
6.59 $
Apples, 1 kg
2.75 $
Banana, 1 kg
2.70 $
Oranges, 1 kg
2.67 $
Tomato, 1 kg
2.33 $
Potato, 1 kg
1.35 $
Onion, 1 kg
1.79 $
Lettuce, 1 head
6.40 $
Water, 1.5 liter Bottle
0.45 $
Bottle of Wine, Mid-Range Price
23.98 $
Pack of Cigarettes
6.16 $

Transportation prices

Malé, the capital city of the Maldives, is a small island that can easily be explored on foot. However, for longer distances or when the weather is too hot, there are several transportation options available. One of the most popular is the taxi service, which can be easily hailed from the street or booked through an app. Taxis are relatively inexpensive and offer a comfortable air-conditioned ride. Another option is to take the local bus, which is a convenient way to get around the city at a low cost. The buses are not air-conditioned, but they make frequent stops and cover most areas of the city.

For those who want to explore the surrounding islands, there are several ferry services available from Malé. These ferries are a fun and affordable way to travel to other islands in the Maldives, and they offer a chance to experience the local way of life. There are also private speedboat services that are faster but more expensive. Another option for transportation in Malé is renting a bicycle. Many hotels offer bicycles for rent, and there are also several rental shops around the city. Biking is a great way to explore the city at a slow pace, and it allows travelers to see the sights up close and personal.

One-way Ticket, Local Transport
1.62 $
Monthly Pass, Regular Price
46.66 $
Taxi Start, Normal Tariff
1.62 $
Taxi, price for 1 km, Normal Tariff
1.62 $
Taxi, price for 1 hour Waiting, Normal Tariff
6.48 $
Gasoline, 1 liter
0.75 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
45,365.94 $

Utilities Per Month prices

When visiting Malé, Maldives, it's important to keep in mind that utilities costs can be higher than what you may expect. While the tropical climate may lure visitors into thinking that things like air conditioning and water may be cheap, the reality is that water is a precious resource on the islands and its cost reflects that. Additionally, electricity costs in Malé can be quite high due to the reliance on generators and imported fuel. So, if you're planning a trip to Malé or the Maldives in general, it may be wise to budget accordingly and be mindful of your water and energy usage during your stay.

On the bright side, many hotels and resorts in the Maldives are already mindful of utilities costs and employ sustainable practices to reduce their ecological footprint. For example, many establishments may have systems in place to collect rainwater which is used for washing clothes and cleaning, and some may even have their own desalinization plants to produce their own drinking water. So, if you're looking to reduce your impact during your trip to Malé, consider staying at a sustainable hotel or resort and supporting their efforts towards responsible tourism. Not only will you be reducing your own carbon footprint, but you'll be supporting businesses that are making a difference in the local community and environment.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
171.17 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.08 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
91.53 $

Sports And Leisure prices

Malé, the capital of the Maldives, offers a wide range of sports and leisure activities for tourists visiting the city. The most popular sports activities include snorkeling, scuba diving, and surfing. The crystal-clear waters of the Indian Ocean surrounding Malé are perfect for snorkeling and scuba diving, and there are a variety of tour operators offering these activities for visitors. For the more adventurous, surfing is another popular option, with numerous surf spots around the city.

For those seeking a more relaxed atmosphere, Malé also offers a multitude of leisure options. Visitors can take a stroll along the picturesque waterfront, or indulge in a spa treatment at one of the many luxury resorts in the area. For a taste of local culture, visitors can visit the Maldives National Museum, which showcases the country's rich history and heritage. And for those looking for some retail therapy, the city offers a variety of shopping centers, where visitors can find everything from traditional Maldivian crafts to high-end fashion brands. Whatever your interests, Malé has something to offer everyone.

Fitness Club, Monthly Fee for 1 Adult
70.07 $
Tennis Court Rent, 1 Hour on Weekend
6.48 $

Salaries And Financing prices

Salaries in Malé, Maldives vary depending on the industry and level of experience. The tourism industry is the largest employer and pays relatively well compared to other sectors. However, the cost of living in Maldives is generally high due to the country's reliance on imported goods and limited resources. Therefore, it is important for travelers to budget their expenses accordingly and research average prices for accommodations, food, and transportation before arriving in Malé.

Financing in Malé, Maldives is largely driven by the tourism industry and foreign investment. The government encourages foreign investment to boost economic growth and improve infrastructure. As a tourist destination, there are numerous opportunities for travelers to engage in activities that support the local economy such as purchasing handmade souvenirs or participating in locally owned tours. While there are international banks and ATM machines available in Malé, it's important to note that credit card usage is not as widely accepted in smaller establishments, so it's recommended that travelers carry enough cash for their stay.

Cinema ticket, 1 Seat
7.13 $
Average Monthly Net Salary, After Tax
736.50 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
13.86 %

Childcare prices

Childcare prices in Malé, Maldives can vary significantly depending on the type of care you are seeking as well as the age of your child. When it comes to schools, many parents choose to enroll their children in private international schools, which can be quite expensive. However, these schools typically offer high-quality education with a focus on English language skills, making them a popular choice for expat families.

For younger children, there are a variety of kindergartens available in Malé. These range from basic nurseries to more comprehensive early education centers. The prices for these programs can also vary depending on the level of care provided and the qualifications of the staff. In general, parents should expect to pay more for full-time care than part-time care, and those looking for specialized programming or additional services such as transportation may incur additional costs.

Private Preschool or Kindergarten, Monthly for 1 Child
162.02 $
International Primary School, Yearly for 1 Child
3,518.17 $

Clothing And Shoes prices

Malé, the capital city of Maldives, is known for its luxurious shopping experiences. Clothing and shoe prices in Malé can range from affordable to expensive, depending on the quality and brand. You can find several local stores that offer traditional Maldivian apparel, including sarongs and kaftans, at reasonable prices. Additionally, there are several upscale boutiques and international brand stores, which offer designer labels, trendy styles, and high-quality shoes and clothes. The Central Market in Malé is a must-visit location if you’re looking for souvenirs or budget-friendly clothing items.

For a shopping spree, you can visit the Majeedhee Magu area, which is the main shopping district in Malé. This bustling street is lined with stores selling everything from souvenirs to cosmetics. You can find several shoe stores here, ranging from affordable to designer. The stores offer a range of styles, from comfortable sandals to designer pumps. Some other notable places to shop for clothing and shoes in Malé include the Island Bazaar, STO Trade Centre, and Le Cute. Island Bazaar is famous for its Maldivian handicrafts, while STO Trade Centre is known for its clothing and shoe stores. Le Cute is a vibrant store that offers a range of designer clothes, shoes, and accessories.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
30.96 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
32.03 $
Pair of Running Shoes, Mid-Range Price
66.75 $
Pair of Leather Business Shoes
59.14 $

Rent Per Month prices

For those looking to explore the vibrant city of Malé in the Maldives, there are plenty of short-term rental options available. From cozy guesthouses to luxurious resorts, travelers can find the perfect place to stay that fits their budget and preferences. Some of the accommodations offer daily rates, while others offer weekly or monthly rates. With so many options available, visitors can choose to stay for as long or as little as they like and get the most out of their Malé experience.

Staying in Malé also allows visitors to experience the culture and local lifestyle of the Maldives without breaking the bank. With many of the short-term rental options available, travelers can enjoy the city's bustling markets, colorful cafes, and historical landmarks at a reasonable price. Moreover, visitors can also enjoy a range of activities such as snorkeling, diving, and surfing while staying in Malé. Regardless of the type of trip you're planning to the Maldives, staying in the city of Malé is a great way to explore the culture and beauty of the island nation while saving money and experiencing a unique side of the country.

One bedroom apartment in city centre
899.22 $
One bedroom apartment outside of city centre
668.34 $
Three bedroom apartment in city centre
1,745.78 $
Three bedroom apartment outside of city centre
1,400.58 $

Buy Apartment prices

When it comes to real estate buying options in Malé, Maldives, there are a few different routes available. For those looking to purchase a luxury villa or high-end apartment, there are a handful of top-tier developments to choose from. These properties typically offer stunning ocean views, top-of-the-line amenities, and an unmatched level of privacy. On the other hand, those seeking more affordable options will find a range of condos and townhouses available throughout the city. While these properties may not be as extravagant as their high-end counterparts, they still offer all the necessary features and are located in convenient areas throughout the city.

In recent years, prices for real estate in Malé have been on the rise, thanks in part to the growing demand for vacation homes and investment opportunities in the country. However, compared to other luxury destinations around the world, Malé still offers relatively affordable prices for high-end properties. Of course, exact pricing will depend on various factors such as location, size, and amenities. Regardless of budget, there is something for everyone in this stunning island city.

Price per m2 to Buy Apartment in City Center
2,642.75 $
Price per m2 to Buy Apartment Outside of City Center
2,313.98 $