Cost of Living for Students in Malaysia

Comprehensive guide to monthly expenses and budget planning for international students

$400-600 USD/month

Overview

Malaysia is one of the most affordable study destinations in Asia. With monthly living costs ranging from USD 400-600, students can enjoy a comfortable lifestyle while staying within budget. This guide provides a detailed breakdown of all expenses to help you plan financially.

Monthly Cost Breakdown

Accommodation

$150-300

•Shared room: $150-200
•Private room: $200-300
•Studio apartment: $300-400
•On-campus housing: $100-150

Food

$100-200

•Local food: $2-4 per meal
•Mid-range restaurant: $5-10
•Monthly groceries: $80-150
•Takeaway meals: $3-6

Transportation

$30-50

•Bus ticket: $0.50-1
•LRT/MRT metro: $0.50-1.50
•Grab/Taxi: $3-10 per ride
•Monthly pass: $25-40

Internet & Phone

$20-30

•Mobile data plan: $10-20
•Home WiFi: $20-30
•Prepaid SIM: $5-15

Shopping & Personal

$50-100

•Clothing: $30-60
•Personal care: $20-40
•Entertainment: $20-50
•Miscellaneous: $20-40

Health & Others

$30-50

•Health insurance: $20-30
•Gym membership: $20-40
•Medicine: $10-20

Cost Comparison by City

Kuala Lumpur

$500-700

Capital city, slightly more expensive but more opportunities

Cyberjaya

$400-600

Tech city, student-friendly and affordable

Penang

$400-550

Coastal city, moderate costs and great food

Johor Bahru

$350-500

Near Singapore, very affordable

One-Time Initial Costs

Accommodation security deposit$150-300

Basic furniture$200-400

Kitchen utensils$50-100

Bedding and supplies$50-100

Student insurance$100-200/year

Books and study materials$100-300/semester

Money-Saving Tips

💰Eat at local cafeterias and food stalls ($2-4 per meal)

💰Use public transport instead of Grab/Taxi

💰Share accommodation with fellow students to reduce rent

💰Cook your own meals when possible

💰Take advantage of student discounts at restaurants and shops

💰Shop at local markets instead of supermarkets

💰Use prepaid data plans instead of contracts

💰Attend free events and activities on campus

Need Help with Financial Planning?

Neogoals advisors provide free guidance on budgeting and financial planning for your studies in Malaysia.

Get Free Consultation