The Cost of Living in Maldives for Expats
Are you considering moving to the Maldives as an expat? Its essential to understand the cost of living in this tropical paradise before making the leap. Here, we provide you with an overview of the expenses you may incur while living in the Maldives.
Housing
The cost of housing in the Maldives can vary depending on the location and type of accommodation you choose. In popular areas like Male, the capital city, and other tourist destinations, the prices are generally higher. On average, you can expect to pay around $1,000 to $2,000 per month for a one-bedroom apartment in these areas.
If youre looking for more affordable options, considering living in the outer islands or sharing accommodation with fellow expats can help reduce costs.
Transportation
Getting around in the Maldives can be quite expensive. The most common mode of transportation is by boat or seaplane, especially when traveling between islands. These transportation options can cost anywhere from $50 to $500, depending on the distance and the type of vessel.
For daily commuting within the same island, taxis and motorcycles are available. Taxis charge a fixed rate, while motorcycle rentals cost around $10 to $20 per day.
Groceries and Dining
As the Maldives heavily relies on imports, groceries can be pricey, especially for international brands. However, local produce and seafood are relatively affordable. On average, a monthly grocery bill for a couple can range from $300 to $500.
When dining out, expect to pay around $15 to $40 per person for a meal at a mid-range restaurant. Fine dining options can go as high as $100 or more per person.
Utilities
Utilities in the Maldives, including electricity, water, and internet, can add up to around $100 to $200 per month. Keep in mind that prices may vary depending on your usage and the location of your accommodation.
Healthcare
The Maldives has a decent healthcare system, but medical costs can be high for expats. Its advisable to have comprehensive health insurance that covers medical expenses in case of emergencies. Insurance costs can range from $100 to $300 per month, depending on the coverage and provider.
Overall Cost of Living
The cost of living in the Maldives can be considered high, especially in popular tourist areas. However, by making smart choices and budgeting wisely, it is possible to live comfortably as an expat in this beautiful country.
Plan your budget accordingly and consult with AGT Visa Services for any visa-related assistance during your relocation to the Maldives. Our team is here to support you every step of the way.
