Cost of Living In Malaysia

Even though Malaysia is considered a developing industrialized country the cost of living is exceptionally low. The tax base is low and the Malaysian Ringget continues to struggle in order to keep up with other world currencies and that keeps the cost of living down.
Kuala Lumpur has become a shopper’s paradise thanks to the low cost of electronics, clothing, and other popular consumer items. The average Malaysian spends about 150 euros a month on food since the restaurants and local markets offer reasonable prices. Food and housing costs are about half of what they are in cities like London and New York and hotel room rates are considered a bargain, especially in the smaller cities and resort areas.