Quick Answer: How much is a good salary in Kuala Lumpur?

What salary is considered rich in Malaysia?

They are considered to be high-income earners, exceeding RM10,971 a month. According to Household Income and Basic Amenities Survey 2019, there were 1.49 million households in the T20 group and they constituted 46.8% of the total household income.

Is RM 10000 a good salary?

Summary: A Good Salary to Live Comfortably

The majority of Malaysians who answered my online survey say that they need a minimum of between RM 5k – RM 10k to live a ‘comfortable life as a couple in Kuala Lumpur.

How much is the salary in Kuala Lumpur?

Kuala Lumpur, Malaysia Jobs by Salary

Job Title Range Average
Software Engineer Range:RM 26k – RM 99k Average:RM 51,607
Project Manager, (Unspecified Type / General) Range:RM 25k – RM 220k Average:RM 108,632
Project Engineer Range:RM 23k – RM 84k Average:RM 46,755
Marketing Executive Range:RM 4k – RM 58k Average:RM 37,020

What should be the salary in Malaysia?

The salary range for people working in Malaysia is typically from 1,759.00 MYR (minimum salary) to 6,818.00 MYR (highest average, actual maximum salary is higher).

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Is Kuala Lumpur expensive to live?

Though Kuala Lumpur is the most expensive city in the country, housing is extremely affordable compared to North America. It costs about 72% less to rent in Kuala Lumpur than it does to rent or own a home in the United States.

Is 83k a good salary?

Depending on the size of your family, $80,000 can comfortably cover living expenses and beyond. According to the U.S census as of 2020, the median salary for a four-person household is $68,400 per year, making 80K a substantially higher income than that of the average American.

What is the highest paying job in Malaysia?

Top 10 highest paying jobs in Malaysia

  1. Medical Director. …
  2. C-suite roles. …
  3. Head of Shared Services. …
  4. Head of Sales. …
  5. Finance Director. …
  6. Head of Banking. …
  7. Engineering Director. …
  8. Human Resources Director.

What is comfortable salary?

This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. The median necessary living wage across the entire US is $67,690.

Is living in Malaysia good?

The crime rate in Malaysia is generally lower than in most western countries. Most expats say they feel safer living here than in their own country. … Medical costs are lower than many other countries and medical tourism to Malaysia is a major tourism product.

How much is cost of living in Malaysia?

Summary: Family of four estimated monthly costs are 1,638$ (6,798RM) without rent. A single person estimated monthly costs are 461$ (1,915RM) without rent. Cost of living in Malaysia is, on average, 46.90% lower than in United States.

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How much money do you need to live in Kuala Lumpur?

What are the general living expenses for Malaysia? How much can you get by on?

Living expenses in Malaysia (excluding rent) Kuala Lumpur average cost
Single person, per month MYR 2,036
Single person, per year MYR 24,432
University student, per month MYR 1,268
Four person family, per month MYR 7,310