Cost of Living in Malaysia

The cost of living in Malaysia is relatively low compared to neighbouring countries. According to the 2020 Mercer Cost of Living Survey, Kuala Lumpur ranked 152nd out of 209 cities surveyed worldwide, placing it well below nearby Asian capitals such as Manila, Jakarta and Singapore.

Accommodation will most likely be the largest expense that expats will need to cover, but it's possible to save by living outside of the capital and avoiding renting in city centres, opting for somewhat less convenient but much cheaper suburban options.

Cost of accommodation in Malaysia

Malaysia offers a range of accommodation options at varying prices that are highly dependent on the type of home an expat is looking for. When viewing a property, it's always good to enquire about the local traffic in the area and to double-check possibilities for daily routes, as a short distance can become a long commute during rush-hour traffic. Easy access to public transport is also often a lifesaver.

Household running costs can vary, and on top of the basic rent, expats will need to budget for utilities such as electricity, water and gas.

Cost of food and eating out in Malaysia

Food prices are generally quite low, particularly if buying local products. Malaysia has a fine range of cuisine from across the world, and this is reflected in the many types of restaurants available. Indulging in some Malaysian street food is a great experience and makes for a cheap night out, and even restaurant meals can be reasonable. Alcohol is expensive, though, so drinks can increase the bill substantially.

Expats moving to Malaysia will also have fun exploring local markets where they can dine on stall food, which is often more authentic, and definitely cheaper, than a sit-down meal. Besides the markets, which are stocked with a range of other products other than food, expats will also be spoilt for choice in the modern malls dotted around Malaysian cities.

Cost of electrical goods in Malaysia

Malaysia, like the rest of Asia, has a range of affordable and good-quality electrical products. Cameras, computers, mobile phones and other items are all inexpensive. There are often sales and special deals, particularly around religious holidays, so shopping around does have its rewards.

Cost of living in Malaysia chart

Note that prices may vary depending on product and service provider and the list below shows average prices for Kuala Lumpur in May 2022.