Kuala Lumpur Defends Its Title
When it comes to affordable living, it doesn’t get much better than the Malaysian capital. Kuala Lumpur continues its winning streak in 2021. In addition to being the overall winner of the Expat City Ranking 2021, this Malaysian city also tops the Finance & Housing Index. It also came in first place in this index in 2020 and has consistently ranked in the top 3 for Finance & Housing since 2017.
Kuala Lumpur is the destination for affordable and easily available expat housing, ranking first in the Housing Subcategory.
- More than nine in ten (91%) agree that it’s easy for expats to find housing in Kuala Lumpur (vs. 60% globally), with three in five (60%) even agreeing completely (vs. 24% globally).
- Close to three-quarters of expats (74%) also find that housing is affordable there (vs. 42% globally).
- Almost three in ten (29%) even consider the affordability very good — over twice the global average of 14%!
It seems that Kuala Lumpur is generally quite an affordable place to live.
- Close to two-thirds (64%) say their disposable household income is more than they need for daily life (vs. 52% worldwide).
- This is also reflected in the Local Cost of Living Index, with 31% very satisfied in this regard, more than double the global average (14%).
The result is in line with the findings of the 2021 Mercer Cost of Living survey, which saw Kuala Lumpur (144th out of 209 cities) drop eight places in a ranking that puts the most expensive destinations at the top. What is more, expats in Kuala Lumpur are the most satisfied of all respondents with their financial situation (80% positive vs. 64% globally).