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.
Kuala Lumpur (KL) is the capital and largest city of Malaysia. Kuala Lumpur is the cultural and economic centre of Malaysia.
Kuala Lumpur has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.