A recent survey conducted in Malaysia sheds light on the average monthly earnings and expenditures of individuals in five prominent states: Kuala Lumpur, Putrajaya, Johor, Penang, and Terengganu. The survey provides valuable insights into the financial landscape and cost of living in these regions, offering a glimpse into the economic realities faced by Malaysians.
Kuala Lumpur:
+ Average Monthly Salary: RM9,549
+ Average Monthly Expenditure: RM7,692
According to the survey, Kuala Lumpur residents enjoy an average monthly salary of RM9,549. This figure reflects the relatively higher earning potential of individuals in the nation's capital. However, it is important to note that the average monthly expenditure in Kuala Lumpur stands at RM7,692, highlighting the significant costs associated with living in a bustling urban center.
Putrajaya:
+ Average Monthly Salary: RM8,900
+ Average Monthly Expenditure: RM6,500
In Putrajaya, the administrative capital of Malaysia, the average monthly salary amounts to RM8,900. The relatively high income levels in this state are a testament to the nature of employment opportunities available. As for average monthly expenditure, residents in Putrajaya spend an average of RM6,500, indicating a prudent approach to managing finances and relatively lower living costs compared to Kuala Lumpur.
Johor:
+ Average Monthly Salary: RM6,400
+ Average Monthly Expenditure: RM4,000
The survey reveals that Johor residents earn an average monthly salary of RM6,400. While this figure is lower compared to the two preceding states, it reflects the economic conditions and job market dynamics in Johor. Notably, the average monthly expenditure in Johor is reported to be RM4,000, implying a balanced approach to financial management and moderate living costs.
Penang:
+ Average Monthly Salary: RM6,100
+ Average Monthly Expenditure: RM3,800
In Penang, individuals earn an average monthly salary of RM6,100. This state, known for its vibrant tourism and industrial sectors, offers various employment opportunities. Residents of Penang exhibit frugal spending habits, with an average monthly expenditure of RM3,800. The relatively lower cost of living in Penang contributes to residents' ability to manage their finances effectively.
Terengganu:
+ Average Monthly Salary: RM4,600
+ Average Monthly Expenditure: RM2,800
Terengganu, a state rich in natural resources and cultural heritage, presents a slightly lower average monthly salary of RM4,600. The state's economy is influenced by sectors such as oil and gas, agriculture, and tourism. Despite the lower income levels, residents of Terengganu maintain a prudent financial approach, with an average monthly expenditure of RM2,800.
This survey It highlights the diverse economic landscapes and varying living costs across these regions. The information in this survey is taken from this Facebook page. Insightful, ey?
How much do you agree? Comment down below.