Did you know that food cost in Malta have surged 11% since last year despite the fall in inflation? This should give you an idea of how much food now costs in Malta, but you wouldn’t need these statistics if you reside in Malta because you are experiencing it first-hand. Research shows that a lack of money has led to increased stress for Maltese. Most people need to be financially equipped to keep up with the rising prices of food items.
Food remains a necessity, and everyone deserves a healthy meal regardless of financial class. Beyond Energised is committed to making a difference in this sector. Keep reading to learn more.
In this article, we will also discuss the rising cost of groceries in Malta and its impact on society. We will also share some effective practical tips on how to save money while grocery shopping.
What Is The Average Income Of People Living In Malta?
In recent years, statistics indicate that the average monthly gross salary in Malta usually ranges from €1,700 to €2,200. This is insufficient for most people in the country, especially considering factors like the high cost of living, housing expenses, and other financial obligations.
What Is The Average Food Cost In Malta?
The cost of food depends on your taste, the number of people you are feeding, and where you are shopping. However, saying that the average price is expensive is an understatement. For instance, currently, in Malta, feeding just one mouth with a healthy diet will cost around €100/week, which is outrageous. Again, this could be lower or higher depending on personal preferences and how much you could afford to spend out of your living wages on food.
Additionally, a meal in a relatively inexpensive restaurant will cost you about €15. This increases to €30 for mid-priced restaurants and then only goes up from there. This includes all types of restaurants in the country, whether Maltese, Italian, French, Middle Eastern, or American Cuisine. Moreover, if you buy a takeaway, you must budget at least €10-20, depending on the restaurant.
Now, think about this for a second: If someone makes a salary of, say € 2,200 and has to spend about €100 every week on just one person, leaving €1,800 for other necessities like utility bills and other expenses—mind you, this salary is before deduction of taxes—how will one be able to adequately feed a whole family and still cater to other aspects of life?
How Has Food Cost In Malta Affected Its People?
But here’s the thing: For its citizens’ economic state and income, these prices are wreaking havoc on the people. Moreover, the first food prices extend far beyond just tightening our belts a little more. It’s causing financial stress to the people. Food is a necessity, and this process leaves them no place to sort out other necessities like housing, clothing, quality health care, utility bills or even education. This price of food leaves little money for them. Imagine having to choose between putting dinner on the table or paying for your rent as a parent—it is between a rock and a hard place, right? Unfortunately, that is what it has come to.
Aside from the financial stress, it takes a toll on your mental health. Constant financial strain leads to anxiety and depression, which causes a ripple effect that touches every aspect of a person’s life.
TIPS ON HOW TO SAVE MONEY ON FOOD ITEMS
- Buy in bulk
It’s cheaper and more convenient. It prevents impulse buying and helps you commit to a budget.
- Eat at home or cook more rather than in restaurants or takeouts, which are more expensive.
- Find the right place to shop
Beyond Energised is here to help you trim down your grocery budget without sacrificing quality or flavor. When you shop directly with us, you’ll gain access to the best prices and exclusive discounts on a wide range of food items. From pantry staples to fresh produce and everything in between, we’ve got you covered.
But that’s not all—we’re all about paying it forward. For every dollar you save with us, you’ll have the opportunity to donate a portion of that savings to others in need. We can make this difference together, one person, one grocery at a time.
- Buy foods that are in season
Foods in season are priced lower than those out of season and are even of better quality. It’s a win-win.
- Meal planning
Meal planning also helps prevent impulse spending, enables you to eat healthily because it’s more thought out, and saves you more money on snacks and food items.
- Opt for locally sourced produce.
Typically, food products in a particular community are priced better than those imported into the country because of import tax, transportation fees, etc.
The Bottom line
So, what’s the big takeaway from all of this? Well, you do not need to break the bank in order to feed yourself and your family well despite the outrageous rise in food prices in the country. With efficient tips like meal planning, buying locally produced items in bulk when they are in season and shopping at reliable, cost-effective websites like Beyond Energised. You will find yourself on top of these prices without stressing about where your next meal is coming from. At Beyond Energised, we are here to help you find the best quality food items at the very best price. Sign up today, and save up more.
