One of Malaysia’s greatest selling points to international students is the affordable cost of living. Compared to other student destinations in the world, Malaysia offers a wonderful experience at a reasonable price.
International education is indeed expensive, with the cost of living constituting a major portion of expenses. It is necessary to learn about these expenses before flying to Malaysia.
Even now as an emerging hub for international students, Malaysia remains a budget-friendly destination. Here’s a quick look at the cost of living and study in Malaysia through this insightful blog by MSM Unify.
Cost of Living in Spain for International Students
Accommodation
The cost of accommodation in Malaysia depends on the type and location. Students can choose from on-campus housing, shared apartments, or private rentals.
- On-campus accommodation: RM400 – RM800 per month
- Shared apartments: RM600 – RM1,200 per month
- Private apartments: RM1,200 – RM2,000 per month
Kuala Lumpur, being the capital city, may have higher rental prices compared to smaller towns. However, the overall cost remains affordable compared to global standards.
Food
You would be delighted with how affordable food is in Malaysia. From fast food to fine dining, traditional dishes to exotic cuisine, Malaysian food comes at a reasonable price tag.
There are plenty of food stalls (some within campus, some inside malls) that offer student pricing on meals. A complete lunch would typically cost you only RM5 to RM15. If you want a more hearty meal, Malaysia also has mid-range restaurants that offer affordable dishes. For only RM20 to RM40, you can enjoy a sumptuous dinner!
If you prefer making your own meals, all the ingredients you need are available at supermarkets at different prices, depending on the quantity and the quality.
Food cost comparison
| Food type | Cost range per meal (RM) |
| Street food | RM5 – RM15 |
| Mid-range restaurants | RM20 – RM40 |
| Groceries (per month) | RM200 – RM400 |
Please note: These prices are not absolute and are just for your reference. They will vary depending on your choices and requirements.
Mobile and internet
There are certain cities in Malaysia where there are WiFi hotspots. These provide free internet services although they may not be as fast as home WiFi.
Malaysia has three major telecommunications providers: Digi, Celcom, and Maxis Mobile. They provide services that fit your mobile needs such as texting, calling, and mobile internet surfing.
You can opt for either a prepaid or a postpaid mobile plan. All companies also offer a variety of mobile packages at varying costs.
Mobile and internet costs
| Service type | Average monthly cost (RM) |
| Prepaid mobile plans | RM40 – RM60 |
| Postpaid mobile plans | RM80 – RM120 |
| Home WiFi packages | RM120 – RM200 |
Please note: These mobile and internet charges are not absolute. The actual costs will depend upon your requirements and the chosen plan.
Laundry
Laundry is often overlooked in costs, but you shouldn’t forget it when setting your budget. Doing laundry is essential to keep your clothes clean and tidy.
A 10kg wash would usually only cost RM12. If you want to use the dryer too, it would only cost you an extra RM4 for a 30-minute cycle.
If you are a stickler for budget, you can hang your clothes to dry under the sun. Drying your clothes in the humid and generally waRMMalaysian weather wouldn’t cost you a penny.
Transportation
Malaysia’s public transportation system is efficient and affordable. Students can benefit from services like buses, trains, and ride-hailing apps.
- Bus fares: RM2 – RM4 per trip
- Train fares: RM4 – RM8 per trip
- Monthly transport passes: RM60 – RM120
Taxis and ride-hailing services like Grab are also widely available, with costs depending on the distance and time of day.
Additional costs to consider
Entertainment and leisure
Malaysia offers a wide range of entertainment options. Here’s a breakdown of common costs:
- Movie tickets: RM16 – RM24
- Gym membership: RM80 – RM160 per month
- Weekend outings: RM40 – RM80
Emergency funds
It’s crucial to set aside an emergency fund for unexpected expenses. A reserve of RM400 – RM800 per month is recommended to cover healthcare or urgent travel needs.
Conclusion
Malaysia offers international students a unique opportunity to experience a vibrant culture and quality education at an affordable cost. From delicious food and efficient transport to budget-friendly accommodations, students can live comfortably without overspending.Â
By carefully managing expenses and exploring local deals, Malaysia remains an ideal study destination for cost-conscious students.Â
For personalized guidance and expert advice, contact MSM Unify today and make your study abroad journey seamless and enjoyable!
FAQs
1. What is the average cost of living in Malaysia for a single person?
The average cost of living in Malaysia for a single person ranges from RM1,600 to RM3,200 per month, depending on lifestyle and location.
2. Is Malaysia affordable for Indian students?
Yes, Malaysia is highly affordable for Indian students. Costs for food, accommodation, and transportation are lower compared to many other Asian and Western countries.
3. How much should I budget for food in Malaysia?
You should budget around RM200 to RM400 per month for groceries and RM5 to RM15 per meal if eating at local food stalls.
4. What is the cost of living in Kuala Lumpur, Malaysia?
The cost of living in Kuala Lumpur is slightly higher, with monthly expenses ranging from RM2,400 to RM4,000, including accommodation and utilities.
5. What are the best budget-friendly accommodations for students in Malaysia?
On-campus housing and shared apartments are the best options for students, with costs starting at RM400 per month.
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