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What level of income is considered low, middle and high in Malaysia?


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#1 huggydoggie

 

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Posted 26 August 2009 - 01:14 AM

What level of income is considered low, middle and high in Malaysia?
How much do people in Malaysia actually earn on average?

Edited by huggydoggie, 26 August 2009 - 01:16 AM.


#2 Joukowski

 

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Posted 26 August 2009 - 01:34 PM

I've got no idea but I'm guessing:

Low: is below 1.5k/mth
Med: is between 1.5k to 40k/mth
High: is above RM40k/mth



#3 jessand

 

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Posted 26 August 2009 - 02:14 PM

low = 1500-2500
medium = 3000-4000
high = 8000 & above

base on monthly income. at this century,monthly rm2k income is a joke of life to survive especially living in kl.

#4 huggydoggie

 

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Posted 26 August 2009 - 02:26 PM

WOW. Above 8k a month for the high level income bracket? Would 8k be enough for a single person in Malaysia?





#5 huggydoggie

 

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Posted 26 August 2009 - 02:30 PM

For the love of God. Did you just say above RM40k per-month?
That's a little bit too high don't you think?


#6 Joukowski

 

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Posted 31 August 2009 - 10:49 AM

QUOTE (huggydoggie @ Aug 26 2009, 02:30 PM) <{POST_SNAPBACK}>
For the love of God. Did you just say above RM40k per-month?
That's a little bit too high don't you think?


lol - High to me means High, where you don't have to budget and I think 40k/mth around the point where money is starting to become no object for whatever stuff you want to buy. & you're working because you love your job, not to make a living - at this point is when I'd consider a person rich.

#7 huggydoggie

 

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Posted 31 August 2009 - 12:43 PM

QUOTE (Joukowski @ Aug 31 2009, 10:49 AM) <{POST_SNAPBACK}>
lol - High to me means High, where you don't have to budget and I think 40k/mth around the point where money is starting to become no object for whatever stuff you want to buy. & you're working because you love your job, not to make a living - at this point is when I'd consider a person rich.




Well, I cant argue with what you just said. When a person earns 40k per-month, everything he needs doesn't become a problem at all. Right you are about the part when you said they're working because they love their job and not to make a living. Hey, whereever there is passion, money will follow smile.gif

#8 MTYH

 

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Posted 19 September 2009 - 12:40 AM

for my job,

my lowest income is rm10 per hour... my highest income is rm50 per hour... yet.. i hate my job... i am 21 this year... is my income too little?

#9 BabyHudu

 

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Posted 19 September 2009 - 02:35 AM

Low - would be anything under 1200
Mid - 1500 to 8000
High - above 10k

I think high income as defined by Joukowski is a bit too high. For me, to be able to live without considering your budget would really depend on your life style. Its different for everyone. 1 person who has a simple life style can easily live within 5k? Whereas for ppl with expensive taste would find it hard to live even within 10k.

Just a thought.
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#10 huggydoggie

 

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Posted 20 September 2009 - 01:49 PM

QUOTE (MTYH @ Sep 19 2009, 12:40 AM) <{POST_SNAPBACK}>
for my job,

my lowest income is rm10 per hour... my highest income is rm50 per hour... yet.. i hate my job... i am 21 this year... is my income too little?



Your income is not too bad. Don't worry, i'm sure it'll increase as time passes by smile.gif

#11 huggydoggie

 

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Posted 20 September 2009 - 02:02 PM

QUOTE (BabyHudu @ Sep 19 2009, 02:35 AM) <{POST_SNAPBACK}>
Low - would be anything under 1200
Mid - 1500 to 8000
High - above 10k

I think high income as defined by Joukowski is a bit too high. For me, to be able to live without considering your budget would really depend on your life style. Its different for everyone. 1 person who has a simple life style can easily live within 5k? Whereas for ppl with expensive taste would find it hard to live even within 10k.

Just a thought.


It really depends on the individual and yes, Joukowski does have a different perception towards the income levels in this country but hey, I think Joukowski did have a point because with 40k a month or so, you'd be living life to the fullest. Think about it, with 40k or more a month, you'd live in a diffeent home, drive a different car and you'd be able to provide the best for your family smile.gif

Edited by huggydoggie, 20 September 2009 - 02:17 PM.


#12 babyrin

 

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Posted 27 October 2009 - 04:20 PM

i think all depends on one's lifestyle.

#13 huggydoggie

 

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Posted 28 October 2009 - 01:39 AM

QUOTE (babyrin @ Oct 27 2009, 04:20 PM) <{POST_SNAPBACK}>
i think all depends on one's lifestyle.



I guess you're right but there has to be a standard income level in Malaysia that defines the low, middle and high earners in Malaysia.

#14 CyBeR

 

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Posted 28 October 2009 - 12:08 PM

I think that by level of income you'd probably mean 'in comparison.'

We should probably compare our income with mean income at national, regional (asian) and international levels. smile.gif I don't know about you all, but in practice I think we should just compare what we have with what we want. Isn't it simpler? biggrin.gif

Unless you want to take income as a score like a game... tongue.gif
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#15 Carmen Elena Tong

 

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Posted 28 June 2010 - 01:31 PM

my thoughts on income level for KL...

Low: below 3k

Mid: between 3k - 7k

High: 8k+++

that is if u're calculating rent/house loan, car, all meals, necessities and etc.