Malé

Malé, the capital city of the Maldives, is known for its breathtaking beauty and its high cost of living. The city has a land area of just 5.8 square kilometers, making it one of the smallest capitals in the world. Despite its size, Malé is home to more than 200,000 people, which makes it one of the most densely populated cities on the planet.

The high population density in Malé has led to a shortage of housing, which has driven up property prices to astronomical levels. According to recent estimates, the average price of property in Malé is around $12,000 per square meter, which makes it one of the most expensive cities in the world to buy property.

The high cost of living in Malé is not just limited to property prices. The city’s small size means that many goods and services have to be imported, which drives up the cost of living for residents. For example, a liter of milk can cost as much as $4 in Malé, compared to just $1 in other parts of the Maldives.

Despite these challenges, Malé remains a popular destination for tourists and expatriates alike. The city’s pristine beaches, clear waters, and rich culture make it a unique and attractive destination for visitors from around the world. In recent years, the Maldivian government has invested heavily in the city’s infrastructure, including the construction of a new international airport and the development of new tourist facilities.

As Malé continues to grow and evolve, it will be important for the city’s leaders to find ways to address the challenges posed by its high population density and high cost of living. By investing in affordable housing, promoting local businesses, and finding ways to reduce the cost of imported goods, the city can ensure that it remains a vibrant and attractive destination for both residents and visitors.