β¦ Compare countries
Malaysia vs Singapore
Compare cost of living, taxes, salaries and visas between Malaysia and Singapore.
| Malaysia | Singapore | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 51 | 134 |
| Taxes | ||
| Income tax (top rate) | 30% | 24% |
| VAT / sales tax | 8% | 9% |
| Corporate tax | 24% | 17% |
| Capital gains | β | 0% |
| Economy & salaries | ||
| Avg net salary | $900/mo | $4,500/mo |
| Minimum wage | $350/mo | β |
| GDP per capita | $12,000 | $98,814 |
| Inflation (annual) | 2% | 0.9% |
| Life expectancy | 76 yr | 83 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Low | Low |
| Digital-nomad visa | Yes | No |
? Frequently asked questions
Is Malaysia cheaper than Singapore?
Singapore is about 160% more expensive than Malaysia overall β its cost-of-living index is 134 versus 51 for Malaysia.
How much do you need to earn in Singapore to live like in Malaysia?
To keep the same standard of living, a $75,000 salary in Malaysia is worth about $195,249 in Singapore. Enter your own figure in the calculator above.
Which has lower taxes, Malaysia or Singapore?
Singapore has the lower top income-tax rate β 24% versus 30% in Malaysia.