Cost of living comparison
Malaysia is 56.3% cheaper than Iceland.
If you lived in Malaysia instead of Iceland, you would:
pay 79.8% less for restaurants
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,682
|
$2.62
MYR11.46
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,261
|
$3.79
MYR16.58
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK372
|
$0.66
MYR2.89
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK269
|
$0.38
MYR1.68
|
|
pay 39.9% less for groceries
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK434
|
$0.83
MYR3.62
|
|
| Local cheese (8 oz) |
$6.72
ISK923
|
$7.05
MYR30.85
|
|
| Milk (1 gallon) |
$6.27
ISK862
|
$5.70
MYR24.98
|
|
|
Eggs
1 dozen
|
$6.03
ISK829
|
$1.88
MYR8.21
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,045
|
$1.75
MYR7.67
|
|
| Apples (1 lb) |
$1.13
ISK155
|
$1.07
MYR4.68
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$0.54
MYR2.35
|
|
| Oranges (1 lb) |
$1.15
ISK159
|
$1.14
MYR4.99
|
|
| Tomatoes (1 lb) |
$1.71
ISK235
|
$0.58
MYR2.52
|
|
| Potatoes (1 lb) |
$1.13
ISK155
|
$0.38
MYR1.68
|
|
| Onions (1 lb) |
$0.68
ISK94
|
$0.48
MYR2.11
|
|
pay 62.3% less for transportation
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,157
|
$1.65
MYR7.22
|
|
| Monthly public transit pass |
$68.29
ISK9,387
|
$14.08
MYR61.65
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,458,784
|
$32,947.56
MYR144,260.90
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,193
|
$6.40
MYR28.02
|
|
pay 71.5% less for housing
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,236
|
$23.98
MYR104.98
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK208,778
|
$285.65
MYR1,250.74
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK182,187
|
$192.76
MYR844.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,208
|
$32.50
MYR142.32
|
|
pay 20.8% less for childcare
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,045
|
$152.58
MYR668.09
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK823,851
|
$5,918.25
MYR25,913.05
|
|
pay 60.1% less for entertainment and sports
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$3.27
MYR14.32
|
|
| Cappuccino in mid-range area |
$4.61
ISK634
|
$2.46
MYR10.78
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,542
|
$3.72
MYR16.27
|
|
| Monthly membership at local gym |
$60.00
ISK8,247
|
$31.52
MYR138.00
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,916
|
$3.61
MYR15.82
|
|
pay 59.9% less for clothing
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK14,877
|
$50.13
MYR219.48
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,210
|
$26.02
MYR113.91
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,197
|
$59.27
MYR259.53
|
|
| Men's business shoes (leather) |
$169.24
ISK23,262
|
$51.45
MYR225.29
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Malaysia or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.