Saturday, August 27, 2011

Moving to Monaco

Today we look at moving to Monaco in Monaco from Kuala Lumpur in Malaysia. We highlight cost of living and other major differences likely to be experienced in our series of short blogs on moving between different international locations.

In Monaco people speak French. In Kuala Lumpur people speak Malay (official), English, Chinese dialects, Tamil, Telugu and Malayalam.
Monaco is a small sovereign city-state. Kuala Lumpur (KL) is the capital and largest city of Malaysia. Monaco is the name of the country as well as the name of its only and capital city. Kuala Lumpur is the cultural and economic centre of Malaysia.

The overall cost of living rank in Monaco is 22 out of 300 global locations, which equates it with high cost of living locations.  An expatriate moving from Kuala Lumpur to Monaco will experience a change in cost of living of 46.1%.
In terms of the hardship people are likely to experience, assessed in global terms, Monaco is ranked as a minimal hardship location with a hardship index of 10% compared to Kuala Lumpur with a hardship index of 20% which is a some hardship location.

Source: as at July 2011.

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