Cost of Living Comparison Between Malaysia and Iceland 
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| Indices Difference |  |
|---|---|
| Cost of Living in Iceland is 192.0% higher than in Malaysia (excluding rent) | |
| Cost of Living Including Rent in Iceland is 235.8% higher than in Malaysia | |
| Rent Prices in Iceland are 431.1% higher than in Malaysia | |
| Restaurant Prices in Iceland are 341.6% higher than in Malaysia | |
| Groceries Prices in Iceland are 151.9% higher than in Malaysia | |
| Local Purchasing Power in Iceland is 41.9% higher than in Malaysia | |
Restaurants | Malaysia Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 RM (452.59 kr) |
105.23 RM (3,175.00 kr) |
+601.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 RM (3,017.25 kr) |
596.57 RM (18,000.00 kr) |
+496.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
20.00 RM (603.45 kr) |
82.86 RM (2,500.00 kr) |
+314.3 % |
| Domestic Beer (1 pint draught) |
16.00 RM (482.76 kr) |
49.71 RM (1,500.00 kr) |
+210.7 % |
| Imported Beer (12 oz small bottle) |
20.00 RM (603.45 kr) |
43.09 RM (1,300.00 kr) |
+115.4 % |
| Cappuccino (regular) |
11.68 RM (352.46 kr) |
24.86 RM (750.05 kr) |
+112.8 % |
| Coke/Pepsi (12 oz small bottle) |
3.25 RM (98.04 kr) |
13.35 RM (402.80 kr) |
+310.8 % |
| Water (12 oz small bottle) |
1.77 RM (53.34 kr) |
10.86 RM (327.54 kr) |
+514.0 % |
Markets | Malaysia Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
28.91 RM (872.36 kr) |
29.53 RM (891.09 kr) |
+2.1 % |
| Loaf of Fresh White Bread (1 lb) |
3.70 RM (111.62 kr) |
15.38 RM (464.12 kr) |
+315.8 % |
| Rice (white), (1 lb) |
2.62 RM (79.13 kr) |
6.52 RM (196.62 kr) |
+148.5 % |
| Eggs (regular) (12) |
8.70 RM (262.44 kr) |
26.65 RM (803.95 kr) |
+206.3 % |
| Local Cheese (1 lb) |
26.54 RM (800.89 kr) |
34.81 RM (1,050.28 kr) |
+31.1 % |
| Chicken Fillets (1 lb) |
7.85 RM (236.82 kr) |
45.09 RM (1,360.57 kr) |
+474.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
16.19 RM (488.48 kr) |
80.04 RM (2,415.14 kr) |
+394.4 % |
| Apples (1 lb) |
5.42 RM (163.65 kr) |
5.78 RM (174.26 kr) |
+6.5 % |
| Banana (1 lb) |
2.81 RM (84.70 kr) |
4.61 RM (139.01 kr) |
+64.1 % |
| Oranges (1 lb) |
4.98 RM (150.35 kr) |
5.43 RM (163.94 kr) |
+9.0 % |
| Tomato (1 lb) |
2.87 RM (86.56 kr) |
9.17 RM (276.66 kr) |
+219.6 % |
| Potato (1 lb) |
2.08 RM (62.83 kr) |
6.72 RM (202.90 kr) |
+223.0 % |
| Onion (1 lb) |
2.34 RM (70.50 kr) |
4.18 RM (126.08 kr) |
+78.8 % |
| Lettuce (1 head) |
4.45 RM (134.38 kr) |
13.07 RM (394.21 kr) |
+193.4 % |
| Water (1.5 liter bottle) |
2.40 RM (72.29 kr) |
9.25 RM (278.95 kr) |
+285.9 % |
| Bottle of Wine (Mid-Range) |
75.00 RM (2,262.94 kr) |
97.77 RM (2,950.00 kr) |
+30.4 % |
| Domestic Beer (0.5 liter bottle) |
12.09 RM (364.80 kr) |
15.19 RM (458.18 kr) |
+25.6 % |
| Imported Beer (12 oz small bottle) |
15.79 RM (476.51 kr) |
12.91 RM (389.57 kr) |
-18.2 % |
| Cigarettes 20 Pack (Marlboro) |
18.00 RM (543.11 kr) |
58.65 RM (1,769.50 kr) |
+225.8 % |
Transportation | Malaysia Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
3.00 RM (90.52 kr) |
21.21 RM (640.00 kr) |
+607.0 % |
| Monthly Pass (Regular Price) |
50.00 RM (1,508.63 kr) |
346.34 RM (10,450.00 kr) |
+592.7 % |
| Taxi Start (Normal Tariff) |
5.00 RM (150.86 kr) |
26.18 RM (790.00 kr) |
+423.7 % |
| Taxi 1 mile (Normal Tariff) |
6.04 RM (182.09 kr) |
17.28 RM (521.43 kr) |
+186.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
25.00 RM (754.31 kr) |
354.96 RM (10,710.00 kr) |
+1,319.8 % |
| Gasoline (1 gallon) |
7.77 RM (234.51 kr) |
39.10 RM (1,179.65 kr) |
+403.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
167,500.00 RM (5,053,899.79 kr) |
195,210.64 RM (5,890,000.00 kr) |
+16.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
132,825.43 RM (4,007,680.16 kr) |
220,951.49 RM (6,666,666.67 kr) |
+66.3 % |
Utilities (Monthly) | Malaysia Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
215.25 RM (6,494.77 kr) |
370.64 RM (11,183.22 kr) |
+72.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
44.06 RM (1,329.37 kr) |
113.69 RM (3,430.36 kr) |
+158.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
114.12 RM (3,443.38 kr) |
357.39 RM (10,783.47 kr) |
+213.2 % |
Sports And Leisure | Malaysia Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
155.34 RM (4,687.12 kr) |
329.88 RM (9,953.18 kr) |
+112.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
28.49 RM (859.60 kr) |
154.67 RM (4,666.67 kr) |
+442.9 % |
| Cinema, International Release, 1 Seat |
20.00 RM (603.45 kr) |
72.58 RM (2,190.00 kr) |
+262.9 % |
Childcare | Malaysia Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
767.94 RM (23,170.77 kr) |
1,446.03 RM (43,630.30 kr) |
+88.3 % |
| International Primary School, Yearly for 1 Child |
29,306.25 RM (884,243.88 kr) |
124,096.13 RM (3,744,295.00 kr) |
+323.4 % |
Clothing And Shoes | Malaysia Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
254.33 RM (7,673.73 kr) |
570.80 RM (17,222.35 kr) |
+124.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
141.55 RM (4,270.89 kr) |
262.32 RM (7,915.00 kr) |
+85.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
322.39 RM (9,727.44 kr) |
719.75 RM (21,716.67 kr) |
+123.3 % |
| 1 Pair of Men Leather Business Shoes |
278.16 RM (8,392.71 kr) |
1,046.69 RM (31,581.25 kr) |
+276.3 % |
Rent Per Month | Malaysia Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
1,671.46 RM (50,432.29 kr) |
9,114.25 RM (275,000.00 kr) |
+445.3 % |
| Apartment (1 bedroom) Outside of Centre |
1,139.02 RM (34,367.06 kr) |
8,230.44 RM (248,333.33 kr) |
+622.6 % |
| Apartment (3 bedrooms) in City Centre |
3,047.02 RM (91,936.45 kr) |
13,056.96 RM (393,961.54 kr) |
+328.5 % |
| Apartment (3 bedrooms) Outside of Centre |
1,976.39 RM (59,632.72 kr) |
11,204.70 RM (338,074.07 kr) |
+466.9 % |
Buy Apartment Price | Malaysia Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
795.36 RM (23,997.95 kr) |
2,862.54 RM (86,370.14 kr) |
+259.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
466.13 RM (14,064.27 kr) |
2,429.79 RM (73,312.85 kr) |
+421.3 % |
Salaries And Financing | Malaysia Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
3,922.87 RM (118,362.97 kr) |
18,694.97 RM (564,074.59 kr) |
+376.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.20 | 9.90 | +135.9 % |
| Last update: | 23 May 2025 | 21 May 2025 | |
| Contributors in the past 12 months: | 544 | 151 |
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