×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Cost of Living in Malaysia | Expat Exchange
Expat Exchange
Free MembershipSign In
View of George Town, Penang, Malaysia

Cost of Living in Malaysia

By Joshua Wood, LPC

Last updated on Feb 09, 2024

Summary: The cost of living in Malaysia is generally considered to be quite affordable. A nice 1 bedroom apartment in Malaysia can cost anywhere from $500 to $1,000 USD per month, while a nice 2 bedroom apartment can cost from $800 to $1,500 USD per month. Dinner at a moderately priced restaurant in Malaysia can cost anywhere from $10 to $20 USD per person.

SJB Global
SJB Global
SJB Global
SJB Global

Is the cost of living in Malaysia high?

We asked people how much they someone comfortably live on in Malaysia, they wrote:

"I pay US$600/mo rent, food @US$10/day (eating out/with non-alc. drink), Grab Taxi anywhere in town (up to 5 miles) US $2-5. Beer $1-2 tin/bottle. Bottle of Australian wine US$15-25!!! Local lankau rice wine or toddy $1-2. I spend about US$1200/month...tack on regional air trips and health insurance and it might go up to US$1500. Air-fare to Singapore US$20-50, double that to Bali, Bangkok or Ho Chi Minh City (routing through Kuala Lumpur or Singapore). That's about what they expect a S-MM2H single applicant to show," said one person in Kuching.

View More Answers

Cigna Global HealthCigna Global Health
Get Quote

With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family. We provide the reassurance of comprehensive core cover, and the flexibility of adding as many extra benefits as you want to ensure you have a plan perfectly suited to your needs.

Cigna Global HealthCigna Global Health

With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family. We provide the reassurance of comprehensive core cover, and the flexibility of adding as many extra benefits as you want to ensure you have a plan perfectly suited to your needs.
Get Quote

Will I save money living in Malaysia?

"I would love to stay in Malaysia permenately. Financially it is a viable place for us to live as retired," remarked one expat in Penang.

"Exceeded them, definitely. Cost of Living is very low here, except for wine and spirits, which are taxed heavily. But I can still get a tin of cheap beer for @US$1. My 3BR/2B penthouse condo costs US$600/month and has a gym, pool, mall, and loads of cafes and shops withing strolling distance. I tend to eat local and avoid Fast Food places which are considered "luxury" restaurants here," explained one expat living in Kuching.

"Exceeded. We can do almost anything financially because our money goes so much further. A high end Japanese restaurant in Los Angeles with sushi will run around $150 in Los Angeles in Tojong Tokong, Straights Quay, Marina which is high end costs less then $30.00 for two people," said one expat in Tojong Tokong, Penang Island.

View More Answers

What is the average cost of housing in Malaysia?

If you are thinking about moving to Malaysia, cost of living in probably a key consideration. Expats commented about the cost of housing:

"It's higher. A good furnished apartment in Georgetown would cost around RM.1500-3500 ($450 - 1100)," said one person in Penang.

"Housing rental charges are a lot higher here than in my native New Zealand. Typical monthly rental for a house is between 8000 and 12000 ringgit - say 2500 to 4000 USD. Apartments are cheaper, maybe 1000 to 2500 USD per month," remarked one expat in Kuala Lumpur.

"The average cost of housing in Malaysia is generally considered to be fairly moderate, with prices depending on the location, size, and amenities. Prices can range from as low as a few hundred RM to several thousand RM per month, depending on the chosen accommodation. The cost of housing in urban areas tends to be higher than in rural or suburban areas," explained one expat living in Malaysia.

View More Answers

Cigna Global Health

With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family. We provide the reassurance of comprehensive core cover, and the flexibility of adding as many extra benefits as you want to ensure you have a plan perfectly suited to your needs.

Learn MoreGet Quote

Cigna Global Health

With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family. We provide the reassurance of comprehensive core cover, and the flexibility of adding as many extra benefits as you want to ensure you have a plan perfectly suited to your needs.

Learn MoreGet Quote

What are typical rental prices for expats in Malaysia?

"The price of a nice one bedroom apartment in Malaysia is typically in the range of mid to high hundreds per month, while the price of a nice two bedroom apartment in Malaysia is typically in the range of low to mid thousands of US Dollars per month," commented one expat who moved to Malaysia.

What appliances are typically included in a rental?

We asked foreigners in Malaysia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In Malaysia, rental properties typically include common appliances such as refrigerators, washing machines, water heaters, air conditioners, and cooking stoves. In some cases, the rental property may also have a microwave, dishwasher, oven, and other kitchen appliances," said an expat in Malaysia.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

View of George Town, Penang, Malaysia
Cigna Global Health
Cigna Global Health

Award winning International Health Insurance for Individuals and families living abroad
Get Quote

Cigna Global HealthCigna Global Health

Award winning International Health Insurance for Individuals and families living abroad
Get Quote

SJB Global
SJB Global

Copyright 1997-2025 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides