Published: Monday, 21th October 2024
The cost of living in Malaysia is 2.96 times more expensive as compared to Nigeria.
On this page, you will find side-by-side cost comparison between Malaysia and Nigeria. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Malaysia and Nigeria.
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Indicators | Malaysia | Nigeria |
---|---|---|
1 BHK Apartment in City Center | 2,500 MYR (525 USD) | 500,000 NGN (650 USD) |
2 BHK Apartment in City Center | 4,000 MYR (840 USD) | 800,000 NGN (1,040 USD) |
3 BHK Apartment in City Center | 6,000 MYR (1,260 USD) | 1,200,000 NGN (1,560 USD) |
1 BHK Apartment outside City Center | 1,500 MYR (315 USD) | 300,000 NGN (390 USD) |
2 BHK Apartment outside City Center | 2,500 MYR (525 USD) | 500,000 NGN (650 USD) |
3 BHK Apartment outside City Center | 4,000 MYR (840 USD) | 800,000 NGN (1,040 USD) |
Mortgage Rates Per Month | 1.8 % | 1.8 % |
Realtor Commission | 3 % | 5 % |
Property Taxes | 0.1 to 0.4 % | 0.5 to 1.5 % |
The average housing cost in Malaysia is 1.24 times less expensive than Nigeria.
Indicators | Malaysia | Nigeria |
---|---|---|
Basic Home Furnishing | 8,000 MYR (1,680 USD) | 2,000,000 NGN (2,600 USD) |
Electricity Cost Per Month | 200 MYR (42 USD) | 20,000 NGN (26 USD) |
Heating Cost Per Month | 140 MYR (29.40 USD) | 15,000 NGN (19.50 USD) |
Cooling Cost Per Month | 120 MYR (25.20 USD) | 25,000 NGN (32.50 USD) |
Water Supply Cost Per Month | 100 MYR (21 USD) | 15,000 NGN (19.50 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 33.36% less for Utilities.
The basic home furnishing in Malaysia costs 1.55 times less compared to Nigeria.
Indicators | Malaysia | Nigeria |
---|---|---|
Standard Wifi Cost Per Month | 150 MYR (31.50 USD) | 20,000 NGN (26 USD) |
Mobile Phone Basic Plan Cost Per Month | 80 MYR (16.80 USD) | 7,000 NGN (9.10 USD) |
Landline Basic Plan Cost Per Month | 50 MYR (10.50 USD) | 5,000 NGN (6.50 USD) |
Cable TV Basic Plan Cost Per Month | 150 MYR (31.50 USD) | 15,000 NGN (19.50 USD) |
The internet and communication costs 47.79% more in Malaysia compared to Nigeria.
Indicators | Malaysia | Nigeria |
---|---|---|
Long Grain Rice (1 KG) | 8 MYR (1.68 USD) | 800 NGN (1.04 USD) |
Milk (1 Liter) | 6 MYR (1.26 USD) | 400 NGN (0.52 USD) |
Water (1 Liter) | 1 MYR (0.21 USD) | 200 NGN (0.26 USD) |
Bread (500 gm) | 3 MYR (0.63 USD) | 300 NGN (0.39 USD) |
Eggs (1 Dozen) | 10 MYR (2.10 USD) | 700 NGN (0.91 USD) |
Cheese (1 KG) | 30 MYR (6.30 USD) | 1,500 NGN (1.95 USD) |
Chicken Breast (1 KG) | 20 MYR (4.20 USD) | 1,500 NGN (1.95 USD) |
In Malaysia, the cost of 1 Liter Water and 1 Liter Milk is 1.88 times more expensive than the cost in Nigeria.
If you lived in Malaysia, instead of Nigeria, you would have to pay 133.33% more for Groceries.
Indicators | Malaysia | Nigeria |
---|---|---|
Apples (1 KG) | 12 MYR (2.52 USD) | 1,000 NGN (1.30 USD) |
Bananas (1 KG) | 8 MYR (1.68 USD) | 600 NGN (0.78 USD) |
Oranges (1 KG) | 10 MYR (2.10 USD) | 800 NGN (1.04 USD) |
Tomatoes (1 KG) | 8 MYR (1.68 USD) | 600 NGN (0.78 USD) |
Potatoes (1 KG) | 6 MYR (1.26 USD) | 500 NGN (0.65 USD) |
Lemons (1 KG) | 12 MYR (2.52 USD) | 800 NGN (1.04 USD) |
Onions (1 KG) | 6 MYR (1.26 USD) | 600 NGN (0.78 USD) |
Lentils (1 KG) | 12 MYR (2.52 USD) | 1,000 NGN (1.30 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 2.03 times more for Fruits and Vegetables.
Indicators | Malaysia | Nigeria |
---|---|---|
Meal at a Resonable Restaurant | 20 MYR (4.20 USD) | 2,000 NGN (2.60 USD) |
Three-Course Meal for Two | 80 MYR (16.80 USD) | 7,000 NGN (9.10 USD) |
Fast Food Combo Meal | 15 MYR (3.15 USD) | 1,000 NGN (1.30 USD) |
Normal Coffee | 10 MYR (2.10 USD) | 300 NGN (0.39 USD) |
Soft Drink | 4 MYR (0.84 USD) | 200 NGN (0.26 USD) |
Pizza for One | 30 MYR (6.30 USD) | 3,000 NGN (3.90 USD) |
Take-Out Delivery Meal | 30 MYR (6.30 USD) | 2,000 NGN (2.60 USD) |
Cigarette Pack of 20 | 20 MYR (4.20 USD) | 1,500 NGN (1.95 USD) |
Dining-Out costs 98.60% more in Malaysia compared to Nigeria.
Indicators | Malaysia | Nigeria |
---|---|---|
Wine Mid-Range Bottle | 70 MYR (14.70 USD) | 3,000 NGN (3.90 USD) |
Glass of Wine | 20 MYR (4.20 USD) | 1,500 NGN (1.95 USD) |
Domestic Beer Half Liter | 8 MYR (1.68 USD) | 600 NGN (0.78 USD) |
Imported Beer Half Liter | 15 MYR (3.15 USD) | 1,200 NGN (1.56 USD) |
Domestic Alcohol 1 Liter | 60 MYR (12.60 USD) | 3,000 NGN (3.90 USD) |
Branded Alcohol 1 Liter | 120 MYR (25.20 USD) | 5,000 NGN (6.50 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 3.31 times more for usual hard drinks.
Indicators | Malaysia | Nigeria |
---|---|---|
Monthly Public Transportation Pass | 150 MYR (31.50 USD) | 15,000 NGN (19.50 USD) |
Single Public Transportation Ticket | 3 MYR (0.63 USD) | 200 NGN (0.26 USD) |
Single Train Ticket | 50 MYR (10.50 USD) | Yet to Update () |
Domestic Airplane Ticket | 200 MYR (42 USD) | 50,000 NGN (65 USD) |
Taxi Start Fare | 6 MYR (1.26 USD) | 500 NGN (0.65 USD) |
Taxi Rate Per Kilometer | 2 MYR (0.42 USD) | 300 NGN (0.39 USD) |
Car Rental Per Day | 100 MYR (21 USD) | 15,000 NGN (19.50 USD) |
Parking Fees in City Center Per Hour | 5 MYR (1.05 USD) | 200 NGN (0.26 USD) |
Parking Fees outside City Center Per Hour | 2 MYR (0.42 USD) | 100 NGN (0.13 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 1.03 times more for transportation.
Indicators | Malaysia | Nigeria |
---|---|---|
Reasonable Vehicle Purchase Cost | 60,000 MYR (12,600 USD) | 1,500,000 NGN (1,950 USD) |
Vehicle Registration Cost | 500 MYR (105 USD) | 50,000 NGN (65 USD) |
Driving License Fees | 200 MYR (42 USD) | 10,000 NGN (13 USD) |
Car Insurance Cost | 2,000 MYR (420 USD) | 30,000 NGN (39 USD) |
Car Maintenance Cost | 1,000 MYR (210 USD) | 15,000 NGN (19.50 USD) |
Car Loan Interest Rates | 4 % | 12 % |
Fuel Per Liter | 3 MYR (0.63 USD) | 300 NGN (0.39 USD) |
Fuel Per Gallon | 12 MYR (2.52 USD) | 1,200 NGN (1.56 USD) |
Average Toll Fees | 20 MYR 4.20 USD | Yet to Update |
You would have to pay 6.41 times more for Vehicle purchase, daily operation and maintenance in Malaysia compared to that of Nigeria.
Indicators | Malaysia | Nigeria |
---|---|---|
Doctor Visit | 100 MYR (21 USD) | 3,000 NGN (3.90 USD) |
Specialist Visit | 200 MYR (42 USD) | 7,000 NGN (9.10 USD) |
Dentist Visit | 150 MYR (31.50 USD) | 5,000 NGN (6.50 USD) |
Eye Exam | 100 MYR (21 USD) | 2,000 NGN (2.60 USD) |
Mental Health Counseling | 150 MYR (31.50 USD) | 5,000 NGN (6.50 USD) |
Preventive Health Screening | 200 MYR (42 USD) | 3,000 NGN (3.90 USD) |
Physical Therapy | 150 MYR (31.50 USD) | 3,000 NGN (3.90 USD) |
Emergency Room Visit | 500 MYR (105 USD) | 25,000 NGN (32.50 USD) |
Hospital Stay Per Night | 1,000 MYR (210 USD) | 15,000 NGN (19.50 USD) |
Vaccinations | 100 MYR (21 USD) | 2,000 NGN (2.60 USD) |
Prescription Medication | 50 MYR (10.50 USD) | 1,000 NGN (1.30 USD) |
Over the Counter Medication | 20 MYR (4.20 USD) | 500 NGN (0.65 USD) |
Health Insurance Premiums | 300 MYR (63 USD) | 25,000 NGN (32.50 USD) |
Health Insurance Deductibles | 100 MYR (21 USD) | 10,000 NGN (13 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 4.73 times more for Health and Medical Treatment.
Indicators | Malaysia | Nigeria |
---|---|---|
Cosmetic Procedures | 1,000 MYR (210 USD) | 8,000 NGN (10.40 USD) |
Spa Treatment | 200 MYR (42 USD) | 5,000 NGN (6.50 USD) |
Manicure Pedicure Cost | 80 MYR (16.80 USD) | 2,000 NGN (2.60 USD) |
Optical Glasses Cost | 500 MYR (105 USD) | 5,000 NGN (6.50 USD) |
Contact Lenses Cost | 200 MYR (42 USD) | 3,000 NGN (3.90 USD) |
Haircuts | 40 MYR (8.40 USD) | 1,500 NGN (1.95 USD) |
Hair Coloring | 150 MYR (31.50 USD) | 3,000 NGN (3.90 USD) |
Shampoo Price | 20 MYR (4.20 USD) | 500 NGN (0.65 USD) |
Toothpaste Price | 8 MYR (1.68 USD) | 200 NGN (0.26 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 12.59 times more for Personal Care Items and Treatment.
Indicators | Malaysia | Nigeria |
---|---|---|
Pair of Nike Running Shoes | 400 MYR (84 USD) | 40,000 NGN (52 USD) |
Men's Shirt | 100 MYR (21 USD) | 6,000 NGN (7.80 USD) |
Women's Dress | 200 MYR (42 USD) | 12,000 NGN (15.60 USD) |
Summer Dress | 150 MYR (31.50 USD) | 8,000 NGN (10.40 USD) |
Men's Suit | 600 MYR (126 USD) | 30,000 NGN (39 USD) |
Men's Jeans | 150 MYR (31.50 USD) | 10,000 NGN (13 USD) |
Women's Jeans | 150 MYR (31.50 USD) | 8,000 NGN (10.40 USD) |
Men's Formal Shoes | 250 MYR (52.50 USD) | 20,000 NGN (26 USD) |
Women's Formal Shoes | 250 MYR (52.50 USD) | 20,000 NGN (26 USD) |
Men's Casual Shoes | 200 MYR (42 USD) | 15,000 NGN (19.50 USD) |
Women's Casual Shoes | 200 MYR (42 USD) | 12,000 NGN (15.60 USD) |
Underwear For Men | 30 MYR (6.30 USD) | 1,000 NGN (1.30 USD) |
Underwear For Women | 40 MYR (8.40 USD) | 1,500 NGN (1.95 USD) |
Socks For Men | 10 MYR (2.10 USD) | 500 NGN (0.65 USD) |
Socks For Women | 10 MYR (2.10 USD) | 500 NGN (0.65 USD) |
Wintercoat for Adults | 400 MYR (84 USD) | 12,000 NGN (15.60 USD) |
Sportswear | 150 MYR (31.50 USD) | 8,000 NGN (10.40 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 2.60 times more for Clothing and Footwear for Adults.
Indicators | Malaysia | Nigeria |
---|---|---|
Children's Jeans | 100 MYR (21 USD) | 4,000 NGN (5.20 USD) |
Children's Normal Sneakers | 150 MYR (31.50 USD) | 6,000 NGN (7.80 USD) |
Children's Winter Coat | 200 MYR (42 USD) | 8,000 NGN (10.40 USD) |
Daycare for Infant | 800 MYR (168 USD) | 25,000 NGN (32.50 USD) |
Daycare for Toddler | 700 MYR (147 USD) | 20,000 NGN (26 USD) |
Childcare for Sick Days | 200 MYR (42 USD) | 4,000 NGN (5.20 USD) |
Early Childhood Education Programs | 500 MYR (105 USD) | 20,000 NGN (26 USD) |
Extra Curricular Activities | 500 MYR (105 USD) | 6,000 NGN (7.80 USD) |
Summer Camp for Kids | 1,000 MYR (210 USD) | 20,000 NGN (26 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 5.93 times more for Childcare and kids clothing.
Indicators | Malaysia | Nigeria |
---|---|---|
PreSchool Fees | 1,000 MYR (210 USD) | 40,000 NGN (52 USD) |
Primary School Fees | 2,000 MYR (420 USD) | 60,000 NGN (78 USD) |
Secondary School Fees | 3,000 MYR (630 USD) | 70,000 NGN (91 USD) |
Private School Fees | 6,000 MYR (1,260 USD) | 90,000 NGN (117 USD) |
University Tuition Fees | 20,000 MYR (4,200 USD) | 120,000 NGN (156 USD) |
University Private Tuition Fees | 30,000 MYR (6,300 USD) | 180,000 NGN (234 USD) |
After School Activities | 500 MYR (105 USD) | 5,000 NGN (6.50 USD) |
Special Education Services | 800 MYR (168 USD) | 30,000 NGN (39 USD) |
Tutoring | 300 MYR (63 USD) | 3,000 NGN (3.90 USD) |
Textbooks Cost | 200 MYR (42 USD) | 5,000 NGN (6.50 USD) |
School Supplies | 100 MYR (21 USD) | 2,000 NGN (2.60 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 17.06 times more for school and education.
Indicators | Malaysia | Nigeria |
---|---|---|
Movie Ticket (Single) | 20 MYR (4.20 USD) | 1,500 NGN (1.95 USD) |
Theater Ticket (Single) | 50 MYR (10.50 USD) | 2,000 NGN (2.60 USD) |
Concert Ticket (Single) | 80 MYR (16.80 USD) | 3,000 NGN (3.90 USD) |
Sports Event Ticket (Single) | 100 MYR (21 USD) | 2,500 NGN (3.25 USD) |
Gym Membership | 150 MYR (31.50 USD) | 5,000 NGN (6.50 USD) |
Swimming Pool Access | 100 MYR (21 USD) | 3,000 NGN (3.90 USD) |
Museum Entry Ticket | 20 MYR (4.20 USD) | 1,000 NGN (1.30 USD) |
Zoo Entry Ticket | 30 MYR (6.30 USD) | 1,500 NGN (1.95 USD) |
Amusement Park Entry Ticket | 50 MYR (10.50 USD) | 2,000 NGN (2.60 USD) |
Bowling | 30 MYR (6.30 USD) | 1,500 NGN (1.95 USD) |
Mini Golf | 20 MYR (4.20 USD) | 1,500 NGN (1.95 USD) |
Video Games | 250 MYR (52.50 USD) | 6,000 NGN (7.80 USD) |
Streaming Services | 50 MYR (10.50 USD) | 2,000 NGN (2.60 USD) |
Outdoor Equipment Rental | 50 MYR (10.50 USD) | 1,500 NGN (1.95 USD) |
Theme Park Annual Pass | 500 MYR (105 USD) | 50,000 NGN (65 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 2.88 times more for entertainment, recreation and fun activities.
Indicators | Malaysia | Nigeria |
---|---|---|
Language Classes | 400 MYR (84 USD) | 25,000 NGN (32.50 USD) |
Parenting Classes | 300 MYR (63 USD) | 15,000 NGN (19.50 USD) |
Art Classes | 150 MYR (31.50 USD) | 3,000 NGN (3.90 USD) |
Fitness Classes | 50 MYR (10.50 USD) | 2,000 NGN (2.60 USD) |
Music Lessons | 100 MYR (21 USD) | 4,000 NGN (5.20 USD) |
Dance Lessons | 100 MYR (21 USD) | 4,000 NGN (5.20 USD) |
Reading Materials for Classes | 50 MYR (10.50 USD) | 1,000 NGN (1.30 USD) |
Educational Software | 500 MYR (105 USD) | 15,000 NGN (19.50 USD) |
If you lived in Malaysia, instead of Nigeria, you would have to pay 3.86 times more for Private Classes.
Indicators | Malaysia | Nigeria |
---|---|---|
Average Gross Monthly Salary | 8,000 MYR (1,680 USD) | 200,000 NGN (260 USD) |
Average Net Monthly Salary | 6,000 MYR (1,260 USD) | 120,000 NGN (156 USD) |
Minimum Wages | 50 MYR per hour (10.50 USD) | 1,000 NGN per hour (1.30 USD) |
Average Bonus | 500 MYR (105 USD) | 20,000 NGN (26 USD) |
Income Tax Rate | 0 to 6 % | 0 to 7.5 % |
Social Security Contributions | 13 % | 7 % |
Pension Contributions | 10 % | 8 % |
Cost of Living Index | 60 | 40 |
Median Household Income | 5,000 MYR (1,050 USD) | 1,200,000 NGN (1,560 USD) |
If you lived in Malaysia, you would earn 2.05 times more salary as compared to Nigeria.
Indicators | Malaysia | Nigeria |
---|---|---|
Legal Consultation Per Hour Rate | 500 MYR (105 USD) | 5,000 NGN (6.50 USD) |
Accounting Services Per Hour Rate | 400 MYR (84 USD) | 7,000 NGN (9.10 USD) |
IT Support Services Per Hour Rate | 300 MYR (63 USD) | 7,000 NGN (9.10 USD) |
Technician Services Per Hour Rate | 350 MYR (73.50 USD) | 6,000 NGN (7.80 USD) |
Professional Services cost 10.02 times more in Malaysia, as compared to Nigeria.
We hope you enjoyed the detailed guide on the cost of living comparsion between Malaysia and Nigeria.
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