fbpx
Connect with us

News

Malaysia Ranks 1st Among ASEAN Countries for Lowest Cost of Living

Published

Untitled 1 2

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

A survey which was recently published revealed that Malaysia ranks the cheapest for living cost among ASEAN countries.

Mercer’s 2020 Cost of Living Survey ranked 209 countries 

Out of the 209 countries, Hong Kong took the top spot and is considered the most expensive country in the world. Hong Kong has remained at the number 1 spot for 3 years in a row btw!

Here the list of top 10 most expensive cities:

  1. Hong Kong
  2. Ashgabat, Turkmenistan
  3. Tokyo, Japan
  4. Zurich, Switzerland
  5. Singapore
  6. New York, USA
  7. Shanghai, China
  8. Bern, Switzerland
  9. Geneva, Switzerland
  10. Beijing, China

As for ASEAN countries, Mercer ran the survey across all ASEAN cities except for Laos.

Here’s the ranking for costliest city in ASEAN:

  1. Singapore
  2. Bangkok, Thailand
  3. Manila, The Philippines
  4. Yangon, Myanmar
  5. Jakarta, Indonesia
  6. Phnom Penh, Cambodia
  7. Ho Chi Minh City, Vietnam
  8. Hanoi, Vietnam
  9. Banda Seri Begawan, Brunei
  10. Kuala Lumpur, Malaysia

The survey revealed that Malaysia has the lowest cost of living when compared to other countries, with Myanmar, Indonesia, and more overtaking the spot.

Mercer did this survey by analysing the comparative cost of more than 200 items in each city. This includes housing, transportation, food, clothing, household goods, and entertainment.

What do you think about this ranking? Let us know in the comments!

 

Also read: Survey: Houses in KL are Among the Cheapest In the World

Report: Kuala Lumpur Houses Are Among The Cheapest In The World - World Of Buzz 5

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

My Post 1 2024 06 14T190745.940 My Post 1 2024 06 14T190745.940
News5 hours ago

BREAKING: Huge Fire Breaks Out at Genting Highlands Theme Park, Firefighters Deployed to Location

A fire was reported to have broken out at the Genting Skyworlds (outdoor) theme park, Genting Highlands, at around 4.55pm,...

Feat Image Cybertrooper Feat Image Cybertrooper
News7 hours ago

“Cybertrooper rebrand” – M’sians Call Out Nga Kor Ming for Hiring 200 ‘Online Ambassadors’ at His Ministry

An announcement by the Minister of Housing and Local Government Nga Kor Ming didn’t sit too well with Malaysians online...

Feat Image Cheapest Fee Feat Image Cheapest Fee
News9 hours ago

Study: Malaysia Has World’s Cheapest International Schools Fees, Median Fee as Low as RM12.4k/Year

A recent study on the cost of international education around the globe yielded some interesting results relating to Malaysia, whereby...

My Post 1 2024 06 14T152458.440 My Post 1 2024 06 14T152458.440
News9 hours ago

Indonesian Policewoman Burns Husband to Death for Gambling Away 13-Month Bonus Money

For many people, receiving bonus money from their employer is an opportunity to relieve themselves of debts and to make...

Collage121211212 Collage121211212
News9 hours ago

Kuala Pilah Police Arrest 2 Men for Allegedly Exploiting a 14yo Disabled Boy for Child Labour

Child labour remains to a certain extent a common occurrence in Malaysia. This situation is concerning and raises issues regarding...

Feat Image Malaysia 1 Feat Image Malaysia 1
News10 hours ago

Study: Malaysia is World’s 10th Most Peaceful Country, Only 1 of 2 Asian Nations in Top 10 Beside Singapore

Despite all the doom and gloom we read about our country from Malaysians on social media, it is worth noting...

My Post 1 2024 06 14T113013.042 My Post 1 2024 06 14T113013.042
News13 hours ago

“Where’s mommy & daddy?” – Zayn Rayyan’s Younger Brother is Now in the Custody of Selangor JKM

Following the disappearance and death of a little autistic boy, Zayn Rayyan, in December 2023, the lives of his family...

Feat Image Malaysia Inflation Feat Image Malaysia Inflation
News14 hours ago

Study: 68% of M’sians Believe Nation’s Economy is in Recession, 53% are Just Getting by Financially

A recent survey by Ipsos, 1 of the world’s largest market research company, found that most Malaysians have a rather...

Announcement

Latest Videos



TRENDING TODAY