Nov 13, 2021
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Low cost of living Some economists use a more France WhatsApp Number List digestible exchange rate theory called the Big Mac Index to enact a global standard in measuring Purchasing Power Parity. In layman's term, it can be used to gauge, although France WhatsApp Number List, the cost of living in a certain country. If base rate is USD, then Malaysia's currency, the Ringgit, is undervalued at 63% per the mentioned index. Thus, it means that the Big Mac in France WhatsApp Number List McDonalds Malaysia is cheaper than most of the countries hence it has low cost of living. However, you don't need to consult an expert to France WhatsApp Number List living since we do it ourselves automatically without knowing it. Often for first time OFWs, they always convert Ringgit to Pesos every time they buy something and conclude from France WhatsApp Number List their everyday groceries if Malaysia is generally cheaper than in Philippines. In my opinion, food and transportation are customarily cheaper in Malaysia since oil is one of Malaysia's ace France WhatsApp Number List ard for its economic growth. Unit rentals are higher in urban areas but mostly normal on the outskirts of the major cities. In general, Malaysia still maintains a low cost of living France WhatsApp Number List (if outside Kuala Lumpur) compared to Philippines, or Singapore for that matter. 3. Faster internet According to this chart, you'll see that in year 2014, Malaysia has an Internet Speed Index of 5.5 Mb France WhatsApp Number List while Philippines has an Internet Speed Index of 3.6 Mb ps. If you are a Filipino reader, you can agree and attest that this is not true. This is one of the reasons France WhatsApp Number List why I worked in Malaysia - because they have faster Internet than the Philippines.