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Malaysia vs Singapore

Compare cost of living, taxes, salaries and visas between Malaysia and Singapore.

MalaysiaSingapore
Cost of living
Cost of living index51134
Taxes
Income tax (top rate)30%24%
VAT / sales tax8%9%
Corporate tax24%17%
Capital gainsβ€”0%
Economy & salaries
Avg net salary$900/mo$4,500/mo
Minimum wage$350/moβ€”
GDP per capita$12,000$98,814
Inflation (annual)2%0.9%
Life expectancy76 yr83 yr
Quality of life
LGBTQ+ acceptanceLowLow
Digital-nomad visaYesNo

? 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.