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Money matters

Cost of bills.

No, really... it does!
But does it matter more in Malta than at home?

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Cost of bills.

Postby sliemawanderer » Thu 9 Jul 2009 14:31 GMT

Hello,

Can someone please advise the following costs per month based on a single occupant in a studio apartment...

Electricity bill
Gas Bill
Water Bill (Daily shower,weekly bath,washing dishes)

I know these will only be guesses from you but anything helps.I suspect that gas will be very low in the summer months due to the lack of need of heating.

Thank you very much,
Simon
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Postby gozomark » Thu 9 Jul 2009 14:46 GMT

The biggest issue is whether you will use aircon. If you don't your electricity consumption could be 5-10KWh per day (or even less), if you use one aircon 24 hours a day, you can use 30KWh per day easy.

Gas bill - only for cooking - will be minimal - € 10 per month max

water - you will prob use 0.1-0.2m2 per day

unit prices available on this thread (unit price rises with usage)
http://www.britishexpat.com/expatforum/ ... sc&start=0

at the lower usage rates, its roughly € 50 per month for all three
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Postby drumultaberei » Thu 31 Dec 2009 03:12 GMT

Hi,

I saw the calculator, but I am not sure how to translate KWh to Units.
Could you please help?

Also is there any chance to get a cool appartment (maisonette) where AC is bearly needed?

Thanks
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Postby gozomark » Thu 31 Dec 2009 06:30 GMT

Hi drumultaberei, and welcome to the forum :D

unless I'm missing something in your question, a KWh is a Unit

cool apartment - north facing, ground or middle floor, not top floor. Of course, that probably means it will be cool in the winter as well...
Alternatively, find an thin apartment facing North/South, use the South end in the Winter, and the North end in the Summer - I know a few people who do that
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Postby drumultaberei » Thu 31 Dec 2009 15:35 GMT

Thanks Gozomark,

It seems that AC and heating are necessary anyway.
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Postby gozomark » Thu 31 Dec 2009 17:11 GMT

We use AC almost never, and our heating is by gas bottle, so its possible to use almost no electricity on these, but the chances are you will need either AC or heating of some sort, if not both.
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Postby drumultaberei » Thu 31 Dec 2009 19:05 GMT

Thanks again.

Heating definetly, whatever is below 23 degrees celsius is cold for us.
We also experienced 29 degrees and above during the summer and again it is unbearable.
Just out of curiosity, how warm/hot is inside that you don't use AC almost at all. Of course the tolerance level is different from person to person.
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Postby gozomark » Thu 31 Dec 2009 23:34 GMT

If your comfort zone is only 23-29C, I think you will struggle in Malta in the winter -I'd agree with 29C odd as the upper limits of comfortable inside a house, but I'm quite happy with temps of 15C in the house in the winter.
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Postby drumultaberei » Fri 1 Jan 2010 21:04 GMT

I wonder more and more if Malta is that cheap to live in.

Canada:
- heating 1100 sqf (23-24 degrees) + hot water - $136/month
- Electricity (cooking, AC all summer, plasma tv: 700W, washing machine) - $55-60/month
- water $30-40
- 1 rotisserie chicken $8, uncooked - $7
- Pork meat $7-10/Kg
- Property taxes $3200/year
- car fuel $0.97/liter
- car insurance full coverage $127/month
- Telephone - $23
- Internet $45 (high speed, 60 GB downloads)
- TV $30-100 from basic to full service, hundreds of channels
- health insurance - free
- medication free after 62
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Postby gozomark » Sat 2 Jan 2010 06:52 GMT

car insurance - your monthly bill is close to what I pay every 6 months, and there are no property taxes in Malta :D

Actually, none of the items in your list seems particularly cheap compared to Malta, other than car fuel and healthcare, and most EU citizens will have free healthcare in Malta once they are 65 odd. Will you be eligible for a UK state pension ? If so, you will almost certainly get free healthcare at that time. If not, you can pay social security contributions in Malta to get eligibility, but you would need to speak to the Govt or a financial advisor to find out exactly how much you would need to contribute, and for how long.
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Postby drumultaberei » Sat 2 Jan 2010 19:45 GMT

Hi Gozomark,

Probably there is difficult to compare with great precision the equivalent, but based on the posts I read so far it's quite a fair comparison.
Applying the conversion rate here are the amounts in Euro:

- heating 1100 sqf (23-24 degrees) + hot water - $136/month = €89
- Electricity (cooking, AC all summer, plasma tv: 700W, washing machine) - $55-60/month = €36 for about 350KWh
- water $30-40 = €20
- 1 rotisserie chicken $8, uncooked - $7 = €6
- Pork meat $7-10/Kg = €5
- Property taxes $3200/year = €2112 (176/month, less than rent)
- car fuel $0.97/liter = €0.64
- car insurance full coverage $127/month = €83 for 500,000 liability
- Telephone - $23 = €15
- Internet $45 (high speed, 60 GB downloads) = €30
- TV $30-100 from basic to full service, hundreds of channels = €20

reported to the quantity it represents, it's not bad

Food is definetly cheaper, fuel, electricity, natural gas the same. Rent is what kills us and taxation. Not to mention the winter.
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Postby gozomark » Sun 3 Jan 2010 08:57 GMT

drumultaberei wrote: Rent is what kills us and taxation.


Rent - you can rent a 2-3 bedroom apartment in Malta for € 250-500 per month - is that expensive compared to Canada ?

Taxation - as long as you only bring in capital there is no reason to pay any income tax at all in Malta
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Postby drumultaberei » Sun 3 Jan 2010 14:04 GMT

2-3 bedrooms in Canada start at $1100, but for a much more space.
Taxation is one of the highest in the world, but earnings are also among the highest in the world. North America is the money making, Europe is the splendor, that's why we spend our vacations there. What drives us away from Canada is the cold.
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