Cost of Living Comparison Between Malaysia and Iceland 
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| Indices Difference |  |
|---|---|
| Cost of Living in Iceland is 197.3% higher than in Malaysia (without rent) | |
| Cost of Living Including Rent in Iceland is 244.5% higher than in Malaysia | |
| Rent Prices in Iceland are 460.9% higher than in Malaysia | |
| Restaurant Prices in Iceland are 347.7% higher than in Malaysia | |
| Groceries Prices in Iceland are 156.5% higher than in Malaysia | |
| Local Purchasing Power in Iceland is 34.1% higher than in Malaysia | |
Restaurants | Malaysia Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 RM (445.01 kr) |
101.12 RM (3,000.00 kr) |
+574.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 RM (2,966.73 kr) |
606.73 RM (18,000.00 kr) |
+506.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
19.00 RM (563.68 kr) |
84.27 RM (2,500.00 kr) |
+343.5 % |
| Domestic Beer (1 pint draught) |
15.00 RM (445.01 kr) |
50.56 RM (1,500.00 kr) |
+237.1 % |
| Imported Beer (12 oz small bottle) |
20.00 RM (593.35 kr) |
43.82 RM (1,300.00 kr) |
+119.1 % |
| Cappuccino (regular) |
11.77 RM (349.25 kr) |
25.27 RM (749.67 kr) |
+114.7 % |
| Coke/Pepsi (12 oz small bottle) |
3.24 RM (96.17 kr) |
14.05 RM (416.88 kr) |
+333.5 % |
| Water (12 oz small bottle) |
1.80 RM (53.29 kr) |
11.14 RM (330.56 kr) |
+520.3 % |
Markets | Malaysia Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
28.76 RM (853.18 kr) |
29.55 RM (876.70 kr) |
+2.8 % |
| Loaf of Fresh White Bread (1 lb) |
3.63 RM (107.74 kr) |
15.57 RM (461.85 kr) |
+328.7 % |
| Rice (white), (1 lb) |
2.60 RM (77.19 kr) |
6.65 RM (197.27 kr) |
+155.6 % |
| Eggs (regular) (12) |
8.59 RM (254.70 kr) |
27.19 RM (806.59 kr) |
+216.7 % |
| Local Cheese (1 lb) |
26.52 RM (786.91 kr) |
34.26 RM (1,016.48 kr) |
+29.2 % |
| Chicken Fillets (1 lb) |
7.72 RM (228.96 kr) |
44.78 RM (1,328.49 kr) |
+480.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
16.00 RM (474.82 kr) |
80.32 RM (2,382.84 kr) |
+401.8 % |
| Apples (1 lb) |
5.37 RM (159.33 kr) |
5.87 RM (174.20 kr) |
+9.3 % |
| Banana (1 lb) |
2.80 RM (83.13 kr) |
4.72 RM (139.94 kr) |
+68.3 % |
| Oranges (1 lb) |
5.01 RM (148.55 kr) |
5.56 RM (164.96 kr) |
+11.0 % |
| Tomato (1 lb) |
2.86 RM (84.76 kr) |
9.93 RM (294.68 kr) |
+247.7 % |
| Potato (1 lb) |
2.04 RM (60.45 kr) |
6.93 RM (205.46 kr) |
+239.9 % |
| Onion (1 lb) |
2.32 RM (68.69 kr) |
4.26 RM (126.38 kr) |
+84.0 % |
| Lettuce (1 head) |
4.42 RM (131.14 kr) |
14.32 RM (424.75 kr) |
+223.9 % |
| Water (1.5 liter bottle) |
2.39 RM (70.91 kr) |
9.88 RM (293.00 kr) |
+313.2 % |
| Bottle of Wine (Mid-Range) |
75.00 RM (2,225.05 kr) |
101.12 RM (3,000.00 kr) |
+34.8 % |
| Domestic Beer (0.5 liter bottle) |
12.11 RM (359.12 kr) |
15.49 RM (459.45 kr) |
+27.9 % |
| Imported Beer (12 oz small bottle) |
15.60 RM (462.69 kr) |
12.92 RM (383.18 kr) |
-17.2 % |
| Cigarettes 20 Pack (Marlboro) |
18.00 RM (534.01 kr) |
58.14 RM (1,725.00 kr) |
+223.0 % |
Transportation | Malaysia Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
3.00 RM (89.00 kr) |
21.57 RM (640.00 kr) |
+619.1 % |
| Monthly Pass (Regular Price) |
50.00 RM (1,483.37 kr) |
350.55 RM (10,400.00 kr) |
+601.1 % |
| Taxi Start (Normal Tariff) |
5.00 RM (148.34 kr) |
26.63 RM (790.00 kr) |
+432.6 % |
| Taxi 1 mile (Normal Tariff) |
6.04 RM (179.04 kr) |
17.58 RM (521.43 kr) |
+191.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.00 RM (593.35 kr) |
357.97 RM (10,620.00 kr) |
+1,689.8 % |
| Gasoline (1 gallon) |
7.77 RM (230.55 kr) |
39.84 RM (1,182.00 kr) |
+412.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
165,000.00 RM (4,895,105.45 kr) |
198,535.05 RM (5,890,000.00 kr) |
+20.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
133,055.37 RM (3,947,394.33 kr) |
224,714.26 RM (6,666,666.67 kr) |
+68.9 % |
Utilities (Monthly) | Malaysia Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
212.40 RM (6,301.48 kr) |
368.24 RM (10,924.64 kr) |
+73.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
44.34 RM (1,315.48 kr) |
115.54 RM (3,427.78 kr) |
+160.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
113.94 RM (3,380.29 kr) |
345.96 RM (10,263.65 kr) |
+203.6 % |
Sports And Leisure | Malaysia Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
155.84 RM (4,623.47 kr) |
337.17 RM (10,002.92 kr) |
+116.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
28.20 RM (836.62 kr) |
177.68 RM (5,271.43 kr) |
+530.1 % |
| Cinema, International Release, 1 Seat |
20.00 RM (593.35 kr) |
73.82 RM (2,190.00 kr) |
+269.1 % |
Childcare | Malaysia Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
759.80 RM (22,541.12 kr) |
1,431.72 RM (42,475.25 kr) |
+88.4 % |
| International Primary School, Yearly for 1 Child |
30,578.79 RM (907,190.25 kr) |
126,209.47 RM (3,744,295.00 kr) |
+312.7 % |
Clothing And Shoes | Malaysia Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
253.20 RM (7,511.68 kr) |
599.26 RM (17,778.42 kr) |
+136.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
142.09 RM (4,215.35 kr) |
263.96 RM (7,831.11 kr) |
+85.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
319.19 RM (9,469.40 kr) |
743.00 RM (22,042.86 kr) |
+132.8 % |
| 1 Pair of Men Leather Business Shoes |
272.61 RM (8,087.59 kr) |
1,052.80 RM (31,233.82 kr) |
+286.2 % |
Rent Per Month | Malaysia Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
1,624.43 RM (48,192.38 kr) |
9,346.71 RM (277,291.67 kr) |
+475.4 % |
| Apartment (1 bedroom) Outside of Centre |
1,117.31 RM (33,147.72 kr) |
8,403.54 RM (249,310.34 kr) |
+652.1 % |
| Apartment (3 bedrooms) in City Centre |
2,891.04 RM (85,769.30 kr) |
13,279.32 RM (393,961.54 kr) |
+359.3 % |
| Apartment (3 bedrooms) Outside of Centre |
1,930.43 RM (57,270.76 kr) |
11,395.51 RM (338,074.07 kr) |
+490.3 % |
Buy Apartment Price | Malaysia Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
832.50 RM (24,698.13 kr) |
2,885.91 RM (85,617.11 kr) |
+246.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
468.58 RM (13,901.46 kr) |
2,444.58 RM (72,524.16 kr) |
+421.7 % |
Salaries And Financing | Malaysia Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
4,057.35 RM (120,370.60 kr) |
18,744.23 RM (556,090.69 kr) |
+362.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.19 | 9.72 | +131.8 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 508 | 142 |
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