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
MYR12.33
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,261
|
$3.79
MYR17.83
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK372
|
$0.66
MYR3.11
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK269
|
$0.38
MYR1.81
|
|
pay 39.9% less for groceries
Iceland
|
Malaysia
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK434
|
$0.83
MYR3.89
|
|
Local cheese (8 oz) |
$6.72
ISK923
|
$7.05
MYR33.17
|
|
Milk (1 gallon) |
$6.27
ISK862
|
$5.70
MYR26.85
|
|
Eggs
1 dozen
|
$6.03
ISK829
|
$1.88
MYR8.83
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,045
|
$1.75
MYR8.24
|
|
Apples (1 lb) |
$1.13
ISK155
|
$1.07
MYR5.03
|
|
Bananas (1 lb) |
$1.01
ISK139
|
$0.54
MYR2.52
|
|
Oranges (1 lb) |
$1.15
ISK159
|
$1.14
MYR5.37
|
|
Tomatoes (1 lb) |
$1.71
ISK235
|
$0.58
MYR2.71
|
|
Potatoes (1 lb) |
$1.13
ISK155
|
$0.38
MYR1.81
|
|
Onions (1 lb) |
$0.68
ISK94
|
$0.48
MYR2.27
|
|
pay 62.3% less for transportation
Iceland
|
Malaysia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,157
|
$1.65
MYR7.76
|
|
Monthly public transit pass |
$68.29
ISK9,387
|
$14.08
MYR66.28
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,458,784
|
$32,947.56
MYR155,100.65
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,193
|
$6.40
MYR30.13
|
|
pay 71.5% less for housing
Iceland
|
Malaysia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,236
|
$23.98
MYR112.87
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK208,778
|
$285.65
MYR1,344.72
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK182,187
|
$192.76
MYR907.42
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,208
|
$32.50
MYR153.01
|
|
pay 20.8% less for childcare
Iceland
|
Malaysia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK35,045
|
$152.58
MYR718.29
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK823,851
|
$5,918.25
MYR27,860.16
|
|
pay 60.1% less for entertainment and sports
Iceland
|
Malaysia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$3.27
MYR15.39
|
|
Cappuccino in mid-range area |
$4.61
ISK634
|
$2.46
MYR11.58
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,542
|
$3.72
MYR17.49
|
|
Monthly membership at local gym |
$60.00
ISK8,247
|
$31.52
MYR148.37
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,916
|
$3.61
MYR17.00
|
|
pay 59.9% less for clothing
Iceland
|
Malaysia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK14,877
|
$50.13
MYR235.97
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,210
|
$26.02
MYR122.47
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,197
|
$59.27
MYR279.03
|
|
Men's business shoes (leather) |
$169.24
ISK23,262
|
$51.45
MYR242.22
|
|
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