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May 22, 2012, 07:00:55 PM
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Topic: Cost of Living in KL (and other countries) vs Manila  (Read 1666 times)
« on: August 22, 2011, 01:02:06 PM »
adrian is a noy-pi
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Mga Kabayan

To those who want to have a general idea of the cost of living in KL (and others) as compared to Manila, check out this study by UBS:

http://www.ubs.com/1/e/wealthmanagement/wealth_management_research/prices_earnings.html

I got this after reading the Inquirer's editorial today. 

Im not an economist but this is how i understand the study.  My analysis may be simplistic but i hope you guys get the point  Smiley  :

1) Cost of living - Manila may be the 2nd cheapest, after Mumbai (KL is a near no 5!), but it's also one of the lowest in terms of wage levels and domestic purchasing power!  Cheap but poor nga!

2) Salary level - Manila is the 72nd (2nd lowest!) while KL is 56th.  by here alone, you can tell that the workers in Manila are underpaid.   

3) DOmestic Pur Power (DPP) - Manila is 71st (3rd lowest!) while KL is 46. From this you can already tell how painful it is for our kababayans to live and work in Manila - underpaid and the prices are overpriced!     

In conclusion, you may end up saving more if you work in KL.  Generally, food and accommodation are almost the same price as Manila, but you get a much higher salary and PP!  so you still have enough to remit back home or to save.  KL workers get paid 2.5 times higher and their PP is 2.2 times more than Manila workers!

of course the salary levels may need to be adjusted lower because Filipino workers generally get lower salaries than locals, unless of course the Filipino is a full-fledged expat!       

You may use this study as a guide also if you're torn between what country to work in.   You just have to remember that cost of living is nothing unless you factor in one's Salary and PP.  conversely, Salary is also nothing without considering cost of living.  Take for instance singapore, salaries are 1.8 higher than KL based on the net index,  but cost of living in SG is 2.31 times higher than KL!. 


i hope this helps!  Grin


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« on: August 22, 2011, 01:02:06 PM »



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« Reply #1 on: August 22, 2011, 01:06:16 PM »
darby
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nice one adrian!  Wink
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« Reply #2 on: August 22, 2011, 01:26:29 PM »
dallas316
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nice sir! salamat sa input! dbest!
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« Reply #2 on: August 22, 2011, 01:26:29 PM »



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« Reply #3 on: August 22, 2011, 01:44:10 PM »
Skyrise
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This is very informative input, sa mga kababayan natin nagbabalak mag broad and had choose Malaysia.

Take for instance singapore, salaries are 1.8 higher than KL based on the net index,  but cost of living in SG is 2.31 times higher than KL!. 


Good Point, Eto yung hindi naiintindihan ng mga  pinoy kundi ang alam lang ay SG.  Grin
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« Reply #4 on: August 22, 2011, 01:50:59 PM »
myuser
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thanks sir!

singapore is 10th most expensive city.

nagdadalawang isip tuloy ako hehehe.

mukhang HongKong din medyo ok na malapit sa pinas ah. mura ba tirahan sa hongkong?
« Last Edit: August 22, 2011, 02:12:13 PM by myuser » Logged
« Reply #5 on: August 22, 2011, 02:22:26 PM »
jhaypee
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This is very informative input, sa mga kababayan natin nagbabalak mag broad and had choose Malaysia.

Take for instance singapore, salaries are 1.8 higher than KL based on the net index,  but cost of living in SG is 2.31 times higher than KL!. 


Good Point, Eto yung hindi naiintindihan ng mga  pinoy kundi ang alam lang ay SG.  Grin

yes, hahahah, kaya ung mga magwowork dyan sa SG hahah isip isip....
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« Reply #6 on: August 22, 2011, 03:50:57 PM »
adrian is a noy-pi
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not to discourage those who're planning to work in SG, but another thing to consider also is that KL's PP is higher than SG's!   So generally you can buy more in KL with your salary as compared to your salary in SG. 

But of course there are certain intangibles in SG, and in other countries, which are worth considering:

1)  better infrastructure,
2) mas maraming tourist spots / more tourist friendly
3)  the entertainment scene is much much better (dahil hindi Muslim dominated country),
4) less corruption (Malaysia is slowly catching up with Pinas)
5) lesser racial discrimination (this is a big issue here among Malaysians)
6) much lower crime rate
7) since it's a smaller country and the business distrcit is small, mas sama-sama ang mga Pinoy. so mas madali makipag-meetup sa mga kababayan.  here in KL, ang lalayo natin sa isat isa.  some are in Putrajaya, cyberjaya, johor, Penang, etc


  Grin
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« Reply #7 on: August 22, 2011, 03:52:51 PM »
lilprgrmr
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tama!  hahaha...

ang alam lang kasi, SG! Malaki nga sweldo compare sa nag work sa KL, pero  yung cost of living, mas mataas compare sa nag work sa KL.  Panalo pa rin ang nagttrabaho sa malaysia.  Para saan pa ang ipagmamayabang na nagtrabaho sa SG kung ang kapareho mo na nagtatrabaho sa KL e mas yumaman pa compare sayo. hahahaha...
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« Reply #8 on: August 22, 2011, 04:00:20 PM »
lilprgrmr
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2) mas maraming tourist spots / more tourist friendly
3)  the entertainment scene is much much better (dahil hindi Muslim dominated country),

Eto yung part na di ko din masyadong naintindihan sa'tin mga pinoy.  Though naintindihan ko naman na marami talagang na ho-home-sick.  Pero minsan, kung hindi madalas, nakakalimutan natin na kaya tayo nagibang-bansa para mabuhay pamilya natin at hindi magpakasaya dahil natakasan natin yung hirap sa pinas.  Sa mga first timers na minsan ko nakausap, ang una nilang naiisip, wala naman masyadong mapupuntahan na maganda, walang night-life, etc.
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« Reply #9 on: August 22, 2011, 04:11:35 PM »
Skyrise
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Tama! PP is much higher in KL than SG.

More Pasalubong
More Gadgets
More Travel
More Savings RM RM RM
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« Reply #9 on: August 22, 2011, 04:11:35 PM »



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« Reply #10 on: August 22, 2011, 09:57:26 PM »
magoo_z02
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NICE POST!GALING!WELL SAID LAHAT!
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« Reply #11 on: August 27, 2011, 12:31:14 AM »
jettyomo
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Super Like..

Standing ovation...

Ayus po..Ako din nung una, inisip ko na malaki sahod sa SG.pero sa dalas ng bisita ko dun..narealize ko na ang mahal ng cost of living..Imagine ang room ko dito is Master's Bed room... RM750/per month lahat included na...samatanlang sa kaibigan ko sa sg 1/3 lng ng size ng room ko then SGD800..

Madami nmng pwdng pasyalan dito sa Malaysia.. marami na rin akong napuntahan...Medyo mahirap lang talaga pag dating sa public transpo unlike sa SG sobrang accessible...

Mas madami kang masasave dito sa Malaysia..

RM RM RM RM..


hehehe
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« Reply #12 on: August 27, 2011, 07:10:55 AM »
lilprgrmr
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Jetty,

Laki siguro ng sinasahod mo dito sa MY. naka master's bedroom ka pa. Mahal nyan ah. hahaha...  Shocked
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« Reply #13 on: August 27, 2011, 08:39:38 AM »
jettyomo
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Wuahahahhahhaha....di nmn po...enough lang.... Tongue
Malapit lang kasi sa Office,Mall and Public Transpo and bahay...5min walk lang...

May mga mura nga kaso kailangang pang mgbus/taxi so i just considered the convenience,security and accessibility.... =)
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« Reply #14 on: August 27, 2011, 09:19:15 AM »
Skyrise
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Ako din naka Masters Bedroom! 600RM/Month (including all PUB)  +150RM(unli Transpo)  = Parang Kay Jetty Lng.  lol

Dati room ko sa SG $300/each  share kami 4 sa isang room na 1/2 lng ng room ko ngayon. Wapak!

I love the accesibility of our Condo.  Hotel, ShoppingMall, Supermarket, Bookshop, CofeeShop(StarBucks),Restaurants  ALL in ONE PLACE. hahaha  san ka pa!
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