Kuala Lumpur (KL) is the capital and largest city of Malaysia. Kuala Lumpur is the cultural and economic centre of Malaysia. Malaysia is a peninsula in South Eastern Asia bordering Thailand and northern one-third of the island of Borneo, bordering Indonesia, Brunei, and the South China Sea, south of Vietnam. Tropical; annual southwest (April to October) and northeast (October to February) monsoons. Coastal plains rising to hills and mountains. The official language is Malay (or Bahasa Melayu as it is known inside the country). This is the medium of instruction in schools. However, most Malaysians (and almost all business people) understand English. Other languages that are spoken in the country include Tamil, Mandarin Chinese and a variety of Chinese dialects. The main religions are Islam, Buddhism, Taoism, Hinduism, Christianity, Sikhism. The economy of Malaysia is a growing and relatively open state-oriented market economy. The state plays a significant but declining role in guiding economic activity through macroeconomic plans. The population in Kuala Lumpur is 7.2 Mil (2014 est.), while the inflation rate is 3.3% (2014 est.).
Cost Of Living
The cost of living for expatriates in Kuala Lumpur as at 1 October 2014 is low in comparison to other places in the world. In Kuala Lumpur, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Average 3) Communication: High 4) Education: Average 5) Furniture & Appliances: High 6) Groceries: High 7) Healthcare: Very Low 8) Household Accommodation: Low 9) Miscellaneous: Very High 10) Personal Care: Very Low 11) Recreation & Culture: Low 12) Restaurants Meals Out and Hotels: Low 13) Transport: Low Kuala Lumpur is for example 9.4% more expensive than Montevideo for groceries, -25.4% cheaper for household costs than Durban, and -17.7% cheaper for transport costs than Athens. Kuala Lumpur is ranked as a some hardship location. Hardship (also know as quality of living) refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered. The hardship premium for Kuala Lumpur for an expat from Zurich is for example 10%, i.e. host location (Kuala Lumpur) premium of 20% minus home (Zurich) location premium of 10%. Xpatulator.com has been created to assist subscribers calculate expatriate pay using the online calculators and extensive database of cost of living and hardship indexes, for 780 international locations. Want to know more about cost of living, hardship or expat pay in Kuala Lumpur? Register subscribe to your home location and Kuala Lumpur and run your personalised reports.