Cost of Studying in Malaysia
The average international student should be prepared to spend about RM1,800 (US$450) per month for living expenses in the vinicity of a city. The cost can be broken down as:
Accommodation You should estimate about RM300 (US$75) to RM600 (US$150) for your accommodation per month. The rental will vary depending on the geographical area, the type of accommodation (on-campus living in a hall of residence; or off- campus living in an apartment, condominium, single-storey house, double-storey house, etc.), the facilities provided in the house (e.g. with or without air-conditioning) and of course, the number of people sharing the room (or the apartment or house). Food / Housekeeping Your food and housekeeping expenses are estimated to be around RM600-900 (US$150- 225). This is based on about RM20-30 (US$5- 7.50) for three meals per day. Naturally, if you cook and share the cooking expenses with your friends, it would be cheaper.It’s possible to have a fast food meal for below RM10 (US$2.50) in Malaysia. For example, a McValue meal at McDonald’s starts at RM5.95. Meal sets at KFC start at RM6.90 and pizza deals for group meals from Domino’s are also below RM10 per pax.Local food like rice and noodles at food stalls or coffee shops range from RM4-10 (US$1-2.50). At mid-range restaurants, you can expect to pay RM20-40 for a meal (US$5-10). A coffee from Starbucks costs an average of RM12-16 (US$3-4). Clothing and laundry Your clothing expenses like washing, ironing, dry-cleaning, etc. may cost around RM60 (US$15) per month. Public Transport Students who stay on campus or near campus may not incur any cost of travelling to and from classes. However, other travelling may cost approximately RM80-150 (US$20-37.5) per month. Telecommunication / Mobile Phone Bills and Utilities The mobile phone packages in Malaysia are very competitive. How much you spend will depend on your usage and the promotional package you choose. The average student may spend about RM30-50 (US$7.50-12.50) per month. Books, Reading Materials and Stationery The estimated cost of books and stationery should be around RM50-100 (US$12.50-25) per month, but it would largely depend on the course you have signed up for and the number and nature of projects in your course. Medical / Hospitalisation Insurance If you put aside RM50 (US$12.50) per month for medical expenses, it would be suf cient (include you in case you need outpatient treatment at a private clinic) during the year. This estimate is the amount you will have to pay for your medical and hospitalisation insurance of about RM500 (US$125) per year. Personal Expenses Your monthly personal expenses largely depend on your personal lifestyle. However, the cost can be estimated to be between RM100 (US$25) and RM200 (US$50). This includes your socialising needs, toiletries, haircut, clothes, movie, etc .
Using the estimate above, the total cost of living for a student will average at RM1,800 (US$450) per month or RM21,600 (US$5,400) per year. It is important to remember that the above estimate is only a guide in planning your budget to study in Malaysia and geographical location and personal lifestyle should be factored in when planning your personal budget.