Cost of living comparison
Malaysia is 53.1% cheaper than Iceland overall.
- Restaurants
-
pay 79.2% less in Malaysia
- Groceries
-
pay 37.4% less in Malaysia
- Transportation
-
pay 60.2% less in Malaysia
- Housing
-
pay 68.7% less in Malaysia
- Childcare
-
pay 13.0% less in Malaysia
- Entertainment and Sports
-
pay 56.8% less in Malaysia
- Clothing
-
pay 56.6% less in Malaysia
Expenses including restaurants, housing, transportation, entertainment and sports, clothing, and groceries are lower in Malaysia.
If you lived in Malaysia instead of Iceland, you would:
pay 79.2% less for restaurants
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,633
|
$2.98
MYR13.15
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,300
|
$4.23
MYR18.67
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK382
|
$0.68
MYR2.99
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK274
|
$0.38
MYR1.69
|
|
pay 37.4% less for groceries
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK401
|
$0.91
MYR4.03
|
|
| Local cheese (8 oz) |
$7.27
ISK986
|
$7.65
MYR33.77
|
|
| Milk (1 gallon) |
$6.01
ISK815
|
$6.39
MYR28.20
|
|
|
Eggs
1 dozen
|
$5.42
ISK736
|
$1.97
MYR8.70
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,155
|
$1.83
MYR8.08
|
|
| Apples (1 lb) |
$1.22
ISK166
|
$1.17
MYR5.18
|
|
| Bananas (1 lb) |
$1.03
ISK139
|
$0.57
MYR2.51
|
|
| Oranges (1 lb) |
$1.17
ISK159
|
$1.21
MYR5.36
|
|
| Tomatoes (1 lb) |
$1.87
ISK254
|
$0.63
MYR2.79
|
|
| Potatoes (1 lb) |
$1.23
ISK168
|
$0.43
MYR1.90
|
|
| Onions (1 lb) |
$0.78
ISK107
|
$0.51
MYR2.25
|
|
pay 60.2% less for transportation
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,135
|
$1.77
MYR7.82
|
|
| Monthly public transit pass |
$71.28
ISK9,676
|
$15.69
MYR69.25
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,519,478
|
$34,330.57
MYR151,552.32
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,991
|
$6.94
MYR30.62
|
|
pay 68.7% less for housing
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,797
|
$26.31
MYR116.17
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK249,504
|
$322.80
MYR1,425.01
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK203,315
|
$212.35
MYR937.42
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,875
|
$33.00
MYR145.68
|
|
pay 13.0% less for childcare
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,045
|
$163.68
MYR722.56
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK813,654
|
$6,626.64
MYR29,253.30
|
|
pay 56.8% less for entertainment and sports
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,247
|
$3.66
MYR16.15
|
|
| Cappuccino in mid-range area |
$4.65
ISK631
|
$2.54
MYR11.21
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,596
|
$4.07
MYR17.95
|
|
| Monthly membership at local gym |
$61.46
ISK8,343
|
$36.32
MYR160.34
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,948
|
$4.00
MYR17.65
|
|
pay 56.6% less for clothing
|
Iceland
|
Malaysia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,099
|
$53.15
MYR234.63
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,102
|
$30.13
MYR133.00
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,090
|
$65.18
MYR287.72
|
|
| Men's business shoes (leather) |
$184.49
ISK25,044
|
$57.93
MYR255.75
|
|
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