Moving to Malaysia from Iceland

moving to

What to Expect

A comprehensive look at what changes when you move from Iceland to Malaysia — from daily expenses to quality of life.

If you moved from Iceland to Malaysia, you would find that Malaysia is 64.8% cheaper than Iceland overall. A ISK9,402,000 salary in Iceland would need to be roughly MYR104,798 in Malaysia to maintain the same lifestyle, and you’d need to navigate life in English and Malay. You’ll also switch from driving on the right to the left. Expect a noticeable climate shift — Kuala Lumpur averages 90°F vs 45°F in Reykjavik, making it significantly warmer.

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How Far Will Your Money Go?

How your spending power changes when you relocate from Iceland to Malaysia.

What does your salary buy?

ISK9,402,000 MYR104,798

To maintain the same standard of living in Malaysia

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 82.3% less

Groceries

pay 46.0% less

Transportation

pay 65.8% less

Housing

pay 72.5% less

Childcare

pay 64.3% less

Entertainment and Sports

pay 63.1% less

See full cost of living breakdown
Exchange rate: 1 ISK = 0.0327 MYR (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Key Indicator Comparison

How Iceland and Malaysia stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

IS
1.1
MY
0.7
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

IS
91%
MY
90%

Iceland generally does better on safety, though Malaysia leads in homicide rate.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

IS
$6,927
MY
$1,441
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

IS
45.2
MY
23.2

Malaysia generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

IS
8.0
MY
63.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IS
8.5t
MY
8.3t

Iceland generally does better on environment, though Malaysia leads in co₂ emissions per capita.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

IS
38.2
MY
12.4
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

IS
0.4%
MY
3.4%

Iceland performs better than Malaysia across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IS
3.6%
MY
3.9%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IS
$66,500
MY
$33,600

Iceland generally does better on employment & economy, though Malaysia leads in top income tax rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IS
83.6 yrs
MY
76.1 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IS
1.6
MY
6.6

Iceland performs better than Malaysia across all family life metrics.

Data: Directorate of Internal Revenue, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Kuala Lumpur Rain: 95.6 in/yr (2427 mm)
90° / 74°F

Avg. annual high / low

Months Reykjavik Kuala Lumpur
Jan–Mar 37°/28°F (3°/-2°C) 91°/73°F (33°/23°C)
Apr–Jun 48°/38°F (9°/4°C) 91°/75°F (33°/24°C)
Jul–Sep 54°/45°F (12°/7°C) 90°/74°F (32°/23°C)
Oct–Dec 39°/31°F (4°/-1°C) 89°/74°F (32°/23°C)
View all months
Month Reykjavik Kuala Lumpur
Jan 35°/27°F (1.9°/-3.0°C) 90°/72°F (32.1°/22.5°C)
Feb 37°/28°F (2.8°/-2.1°C) 91°/73°F (32.9°/22.8°C)
Mar 38°/28°F (3.2°/-2.0°C) 92°/74°F (33.2°/23.2°C)
Apr 42°/33°F (5.7°/0.4°C) 92°/75°F (33.1°/23.7°C)
May 49°/38°F (9.4°/3.6°C) 91°/75°F (32.9°/23.9°C)
Jun 53°/44°F (11.7°/6.7°C) 91°/74°F (32.7°/23.6°C)
Jul 56°/47°F (13.3°/8.3°C) 90°/74°F (32.3°/23.2°C)
Aug 55°/46°F (13.0°/7.9°C) 90°/74°F (32.3°/23.1°C)
Sep 50°/41°F (10.1°/5.0°C) 90°/74°F (32.1°/23.2°C)
Oct 44°/36°F (6.8°/2.2°C) 90°/74°F (32.1°/23.2°C)
Nov 38°/30°F (3.4°/-1.3°C) 89°/74°F (31.6°/23.2°C)
Dec 36°/27°F (2.2°/-2.8°C) 89°/73°F (31.5°/22.9°C)

Data: Icelandic Meteorological Office Icelandic Meteorological Office, Malaysian Meteorological Department Malaysian Meteorological Department

Visitor Visa Requirements

Short-stay tourist visa rules between Iceland and Malaysia. To live, work, or study long-term in Malaysia, you'll need a separate residence or work visa — check Malaysia's immigration authority.

Iceland passport

Iceland passport holder visiting Malaysia

Visa Free
Iceland passport holders can enter Malaysia without a visa.
Malaysia passport

Malaysia passport holder visiting Iceland

Visa Free
Malaysia passport holders can enter Iceland without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Malaysia than Iceland?

Generally yes: Malaysia runs about 66% cheaper than Iceland on average, though it depends heavily on the city.

How much money do I need to move to Malaysia?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a ISK9,402,000 comparable salary, that's around MYR26,200 in Malaysia for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Malaysia?

With 12.4 fixed broadband subscriptions per 100 people, Malaysia can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Iceland and Malaysia.

Is Malaysia safe for expats?

Iceland generally does better on safety, though Malaysia leads in homicide rate. The homicide rate in Malaysia is 0.7 per 100,000 people, compared to 1.1 in Iceland. About 90% of people in Malaysia feel safe walking alone at night.

How is healthcare in Malaysia compared to Iceland?

Malaysia generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people. There are 23.2 doctors per 10,000 people in Malaysia, compared to 45.2 in Iceland. Malaysia scores 76 on the WHO universal health coverage index (Iceland: 89).

What's the weather like in Malaysia compared to Iceland?

The average high temperature in Kuala Lumpur is 90°F, compared to 45°F in Reykjavik. Kuala Lumpur receives around 95.6 in of rainfall per year, while Reykjavik gets 31.4 in.

What language do they speak in Malaysia?

The official languages in Malaysia are English and Malay. In Iceland, the official language is Icelandic.

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At a Glance

IS MY
Population 357,603 33,871,431
Currency Icelandic Króna (ISK) Malaysian Ringgit (MYR)
Languages Icelandic English, Malay
Driving side Right Left
Calling code +354 +60
Time zones 1 1
Emergency number 112 999