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Maldives · Cost of Living 2026
Cost of Living · Asia

Cost of Living in Maldives
for Expats 2026

Maldives has a cost of living 40% cheaper than New York City (CoL Index 60.0). A comfortable single-person lifestyle runs approximately $2,400/month, making it a moderately priced destination for expats and digital nomads.

40% cheaper than New York City

Your $5,000 NYC budget → $3,000/month in Maldives · your dollar goes 67% further here

$960/mo 1-bed apt · est. avg.
$9 Restaurant meal · est.
$60/mo Monthly transit · est.
$1,200–$2,400/month Typical budget / month
World Bank 2026GlobalCostData 2026 Updated April 2026YMYL · Data guide only
Cost of Living Index
60.0
NYC = 100 baseline · Moderate
0NYC 100200+
Rent
$960/mo
1-bed city centre · 70% cheaper than NYC
Dining out
$9
Per meal · 54% cheaper than NYC
Groceries
$250/mo
Monthly budget · 40% cheaper than NYC
GNI / capita
$23.4k
World Bank PPP
Purchasing Power
58.18
Your $ goes 67% further here
Inflation 2026
1.4%
Annual rate

Key Cost of Living Data

Maldives 2026 · NYC baseline = 100
World Bank 2026
Cost of Livingvs NYC · 40% cheaper than NYC
60.0NYC = 100
Rent1-bed city centre
30.0~$960/mo
RestaurantsPer meal
46.0~$9
GroceriesMonthly basket
60.0~$250/mo
Purch. PowerLocal buying
58.18×1.67 expat
vs NYC baseline
CategoryIndexEst. USDTier
Cost of Living60.040% cheaper than NYCModerate
Rent (1-bed city)30.0$960/mo/mo est.Cheap
Groceries60.0$250/mo/mo est.Moderate
Restaurants46.0$9/meal est.Moderate
Local Purch. Power58.18×1.67 expat stretch
GNI per Capita$23.4kWorld Bank PPP
Inflation Rate1.4%Annual 2026

Housing & Rent

USD per month · 2026
World Bank · GlobalCostData

Rent in Maldives is well below the NYC baseline (Rent Index 30.0). A 1-bedroom apartment in a major city centre costs around $960/month, dropping to $630/month outside the centre. Three-bedroom apartments typically run $1,650+/month centrally.

TypeUSD / monthNotes
1-bed, city centre$960/moCapital city avg.
1-bed, suburbs$630/moOutside centre
3-bed, city centre$1,650/moFamily / shared
Utilities (85m²)$90/moElectricity, gas, water

Food & Dining

Per-item prices in USD
GlobalCostData 2026

Food in Maldives is budget-friendly. An inexpensive restaurant meal costs around $9/person; a mid-range dinner for two runs $74. Monthly grocery spending for one person averages $250.

ItemPrice (USD)Notes
Meal, inexpensive restaurant$9Per person
Meal for 2, mid-range$373-course
Monthly groceries (single)$250/moEstimated
Beer (0.5L, restaurant)$1.50Local brand
Coffee / espresso$2.10Local café

Transport

Monthly costs in USD
GlobalCostData 2026

A monthly public transport pass in Maldives costs roughly $80. Taxis and ride-hailing are affordable, making day-to-day mobility manageable for most expats.

TypePrice (USD)Notes
Monthly transit pass$60/moPublic transport
Taxi per km$1.20/kmAvg. rate
Petrol (1L)$0.96/LRegular fuel
Internet speed49.0 MbpsModerate

Healthcare & Quality of Life

Key indicators for expats
WHO · UNDP 2026

Life Expectancy72.2 yrs
Physicians / 1,0002.2
Safety Index8.3High Safety
HDI Score0.762High Development
Education Index0.592
Air Quality PM2.513.1 µg/m³

Key Insight

Maldives's CoL Index of 60.0 paired with a Local Purchasing Power Index of 58.2 signals moderate purchasing power for local earners. Expats on foreign incomes benefit significantly here. Current inflation is moderate at 1.4%, keeping costs relatively stable.

Budget-Friendly

Our Verdict for Maldives

Maldives offers strong value for money at CoL 60.0 — significantly below NYC and most Western cities. Digital nomads and expats from high-cost countries benefit most from this gap.

Best for

  • Digital nomads & remote workers on foreign income
  • Budget-conscious expats maximising lifestyle quality

May not suit

  • Remote workers on tight budgets — costs still add up

Free resource

Planning a move to Maldives?

Get our Expat Budget Calculator — personalised monthly cost estimate for your lifestyle and city.

Monthly Budget Estimates

Maldives · all-in USD per month
Frugal
$1,200/monthper month
Shared housing, cooking at home, local transport
Comfortable
$2,400/monthper month
Private apartment, regular dining out, occasional travel
Western Expat
$3,850/monthper month
Premium lifestyle, frequent travel, international standard

Monthly Budget Estimator

Cost of living in —

Estimated monthly total
$0
 

10-Year Economic Trend

GDP per capita PPP (USD)
Annual Inflation (%)

Country vs Region Average

Regional cost comparison

This country Region average

Frequently Asked Questions

Maldives cost of living
How much does it cost to live in Maldives?
A comfortable single-person lifestyle in Maldives costs approximately $1,200–$2,400/month, covering rent, food, transport, and leisure. The CoL Index is 60.0 (NYC = 100), meaning it is 40% cheaper than New York City.
Is Maldives affordable for expats?
Maldives is moderately priced by global standards (CoL Index 60.0). Cost levels are broadly aligned with other South Asia destinations.
What is a comfortable monthly budget in Maldives?
A frugal lifestyle in Maldives — shared housing, cooking at home, local transport — runs around $1,200/month. A comfortable single-person budget (private apartment, regular dining out, occasional travel) typically falls between $1,200 and $2,400/month. A Western expat lifestyle with frequent travel costs $3,840+/month.
What is the average rent in Maldives?
Rent in Maldives averages $960/month for a 1-bedroom city-centre apartment and $630/month in residential areas. Three-bedroom family apartments typically start at $1,650/month centrally. These are estimates from the Rent Index (30.0 vs NYC's 100).
How does inflation affect living costs in Maldives?
Maldives has moderate inflation at 1.4%. Cost stability makes long-term budget planning more reliable.
Sources: World Bank Open Data 2026 · GlobalCostData Research 2026 · OECD Statistics. Data verified April 2026. Not financial or legal advice.
Updated April 2026. Sources: World Bank, ILO, national statistics offices. Methodology. City-level prices vary — check local listings before booking.