Cost of Living Comparison Between Malaysia and Iceland 
| Indices Difference |  |
|---|---|
| Cost of Living in Iceland is 197.3% higher than in Malaysia (without rent) | |
| Cost of Living Including Rent in Iceland is 244.4% higher than in Malaysia | |
| Rent Prices in Iceland are 460.4% higher than in Malaysia | |
| Restaurant Prices in Iceland are 347.6% higher than in Malaysia | |
| Groceries Prices in Iceland are 156.5% higher than in Malaysia | |
| Local Purchasing Power in Iceland is 33.7% higher than in Malaysia | |
Restaurants | Malaysia Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 RM (446.60 kr) |
100.76 RM (3,000.00 kr) |
+571.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 RM (2,977.33 kr) |
604.57 RM (18,000.00 kr) |
+504.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
19.00 RM (565.69 kr) |
83.97 RM (2,500.00 kr) |
+341.9 % |
| Domestic Beer (1 pint draught) |
15.00 RM (446.60 kr) |
50.38 RM (1,500.00 kr) |
+235.9 % |
| Imported Beer (12 oz small bottle) |
20.00 RM (595.47 kr) |
43.66 RM (1,300.00 kr) |
+118.3 % |
| Cappuccino (regular) |
11.77 RM (350.50 kr) |
25.18 RM (749.67 kr) |
+113.9 % |
| Coke/Pepsi (12 oz small bottle) |
3.24 RM (96.51 kr) |
13.89 RM (413.44 kr) |
+328.4 % |
| Water (12 oz small bottle) |
1.80 RM (53.48 kr) |
11.10 RM (330.56 kr) |
+518.1 % |
Markets | Malaysia Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
28.76 RM (856.22 kr) |
29.45 RM (876.70 kr) |
+2.4 % |
| Loaf of Fresh White Bread (1 lb) |
3.63 RM (108.12 kr) |
15.51 RM (461.85 kr) |
+327.1 % |
| Rice (white), (1 lb) |
2.60 RM (77.46 kr) |
6.63 RM (197.27 kr) |
+154.7 % |
| Eggs (regular) (12) |
8.59 RM (255.61 kr) |
27.09 RM (806.59 kr) |
+215.6 % |
| Local Cheese (1 lb) |
26.52 RM (789.72 kr) |
34.14 RM (1,016.48 kr) |
+28.7 % |
| Chicken Fillets (1 lb) |
7.72 RM (229.78 kr) |
44.62 RM (1,328.49 kr) |
+478.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
16.00 RM (476.52 kr) |
80.03 RM (2,382.84 kr) |
+400.1 % |
| Apples (1 lb) |
5.37 RM (159.90 kr) |
5.85 RM (174.20 kr) |
+8.9 % |
| Banana (1 lb) |
2.80 RM (83.42 kr) |
4.70 RM (139.94 kr) |
+67.7 % |
| Oranges (1 lb) |
5.01 RM (149.08 kr) |
5.54 RM (164.96 kr) |
+10.7 % |
| Tomato (1 lb) |
2.86 RM (85.07 kr) |
9.90 RM (294.68 kr) |
+246.4 % |
| Potato (1 lb) |
2.04 RM (60.66 kr) |
6.90 RM (205.46 kr) |
+238.7 % |
| Onion (1 lb) |
2.32 RM (68.94 kr) |
4.24 RM (126.38 kr) |
+83.3 % |
| Lettuce (1 head) |
4.42 RM (131.61 kr) |
14.27 RM (424.75 kr) |
+222.7 % |
| Water (1.5 liter bottle) |
2.39 RM (71.16 kr) |
9.84 RM (293.00 kr) |
+311.7 % |
| Bottle of Wine (Mid-Range) |
75.00 RM (2,233.00 kr) |
100.76 RM (3,000.00 kr) |
+34.3 % |
| Domestic Beer (0.5 liter bottle) |
12.11 RM (360.41 kr) |
15.43 RM (459.45 kr) |
+27.5 % |
| Imported Beer (12 oz small bottle) |
15.60 RM (464.34 kr) |
12.87 RM (383.18 kr) |
-17.5 % |
| Cigarettes 20 Pack (Marlboro) |
18.00 RM (535.92 kr) |
57.94 RM (1,725.00 kr) |
+221.9 % |
Transportation | Malaysia Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
3.00 RM (89.32 kr) |
21.50 RM (640.00 kr) |
+616.5 % |
| Monthly Pass (Regular Price) |
50.00 RM (1,488.67 kr) |
349.31 RM (10,400.00 kr) |
+598.6 % |
| Taxi Start (Normal Tariff) |
5.00 RM (148.87 kr) |
26.53 RM (790.00 kr) |
+430.7 % |
| Taxi 1 mile (Normal Tariff) |
6.04 RM (179.68 kr) |
17.51 RM (521.43 kr) |
+190.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.00 RM (595.47 kr) |
356.70 RM (10,620.00 kr) |
+1,683.5 % |
| Gasoline (1 gallon) |
7.77 RM (231.38 kr) |
39.70 RM (1,182.00 kr) |
+410.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
165,000.00 RM (4,912,597.27 kr) |
197,828.14 RM (5,890,000.00 kr) |
+19.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
133,055.37 RM (3,961,499.67 kr) |
223,914.14 RM (6,666,666.67 kr) |
+68.3 % |
Utilities (Monthly) | Malaysia Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
212.40 RM (6,324.00 kr) |
366.93 RM (10,924.64 kr) |
+72.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
44.34 RM (1,320.18 kr) |
115.13 RM (3,427.78 kr) |
+159.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
113.94 RM (3,392.37 kr) |
344.73 RM (10,263.65 kr) |
+202.6 % |
Sports And Leisure | Malaysia Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
155.84 RM (4,639.99 kr) |
335.97 RM (10,002.92 kr) |
+115.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
28.20 RM (839.61 kr) |
177.05 RM (5,271.43 kr) |
+527.8 % |
| Cinema, International Release, 1 Seat |
20.00 RM (595.47 kr) |
73.56 RM (2,190.00 kr) |
+267.8 % |
Childcare | Malaysia Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
759.80 RM (22,621.67 kr) |
1,426.62 RM (42,475.25 kr) |
+87.8 % |
| International Primary School, Yearly for 1 Child |
30,578.79 RM (910,431.94 kr) |
125,760.09 RM (3,744,295.00 kr) |
+311.3 % |
Clothing And Shoes | Malaysia Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
253.16 RM (7,537.45 kr) |
597.13 RM (17,778.42 kr) |
+135.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
142.09 RM (4,230.42 kr) |
263.02 RM (7,831.11 kr) |
+85.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
319.19 RM (9,503.23 kr) |
740.36 RM (22,042.86 kr) |
+132.0 % |
| 1 Pair of Men Leather Business Shoes |
272.57 RM (8,115.31 kr) |
1,049.05 RM (31,233.82 kr) |
+284.9 % |
Rent Per Month | Malaysia Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
1,631.85 RM (48,585.51 kr) |
9,313.43 RM (277,291.67 kr) |
+470.7 % |
| Apartment (1 bedroom) Outside of Centre |
1,117.31 RM (33,266.17 kr) |
8,373.62 RM (249,310.34 kr) |
+649.4 % |
| Apartment (3 bedrooms) in City Centre |
2,891.04 RM (86,075.78 kr) |
13,232.03 RM (393,961.54 kr) |
+357.7 % |
| Apartment (3 bedrooms) Outside of Centre |
1,930.39 RM (57,474.03 kr) |
11,354.93 RM (338,074.07 kr) |
+488.2 % |
Buy Apartment Price | Malaysia Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
832.50 RM (24,786.39 kr) |
2,875.63 RM (85,617.11 kr) |
+245.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
468.58 RM (13,951.14 kr) |
2,435.88 RM (72,524.16 kr) |
+419.8 % |
Salaries And Financing | Malaysia Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
4,057.35 RM (120,800.72 kr) |
18,677.49 RM (556,090.69 kr) |
+360.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.19 | 9.72 | +131.8 % |
| Last update: | April 2025 | March 2025 | |
| Contributors in the past 12 months: | 509 | 143 |
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