Cost of living and prices in Labuan, prices of food, rent, shopping, etc. 🇲🇾
Updated Jul 2023

Labuan is a city located in South-Eastern Asia, specifically in Malaysia. This wonderful city has coordinates of 5.28315 latitude and 115.23082 longitude. Labuan is elevated at 4 meters above sea level and has a population of 73653 people. The time zone for Labuan is Asia/Kuching with GMT: 8.0.

Cost of living in Labuan is affordable and generally lower compared to bigger cities in Malaysia. The cost of housing, food, and transportation are reasonable. For instance, a one-bedroom apartment in Labuan can range from RM 650 to RM 1500, while the cost of groceries is roughly RM 300-500 per month. Transportation is also affordable in Labuan with taxi fare starting at RM 3.50 and buses costing RM 1 -RM 2. Labuan is an excellent choice for people who want to have a balance between a cost-effective lifestyle and a high quality of living.

If you're looking for a place to settle in Malaysia, Labuan should definitely be on your list. With its affordable cost of living, beautiful beaches, and a serene environment, Labuan is an excellent option to consider. The city is perfect for individuals or families who are seeking a peaceful and hassle-free lifestyle. Additionally, Labuan is also a hub for offshore financial services, making it an ideal place for people who want to invest in this industry.

Cost of Living Estimate in Labuan

Total cost of living in Labuan for two person with average consumption for one month will be 368.08 USD, no rent price included. Click here to calculate cost-of-living estimate in Labuan

You can calculate cost of living in Labuan by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Labuan is a haven for foodies looking for a unique culinary experience. Seafood lovers will be delighted to know that the island is known for its fresh and delicious seafood, which comes in various forms, from grilled to fried and beyond. If you're not a fan of seafood, don't worry because there are plenty of other delicious options available, such as local Malay dishes and international cuisines like Italian, Chinese, and Indian. Visitors should also try out Labuan's street food, which is cheap, delicious, and available throughout the island.

For those who prefer a more upscale dining experience, Labuan has a variety of restaurants that offer international cuisines, including Japanese, Korean, and Western. These restaurants are mostly located in hotels and resorts, so visitors can expect a luxurious and comfortable atmosphere. Additionally, Labuan offers several dining options that allow visitors to enjoy their meals while enjoying a stunning beachfront view. Overall, Labuan's food scene is diverse, flavorful, and perfect for anyone looking to explore a new culture through food.

Meal in Inexpensive Restaurant
1.98 $
Meal for 2 People, Mid-range Restaurant, Three-course
9.88 $
McMeal at McDonalds or Alternative Combo Meal
3.58 $
Domestic Beer, 0.5 liter Draught
3.70 $
Cappuccino
3.38 $
Coca-Cola, 0.33 liter Bottle
0.54 $

Markets prices

Labuan, Malaysia, is known for its bustling markets, where locals and tourists alike come to shop for souvenirs, fresh produce, and unique handicrafts. The markets in Labuan attract a wide range of visitors, from budget-conscious shoppers to those with more affluent tastes, meaning you can find something to suit every price point. Whether you're in the market for high-quality spices, freshly-caught seafood, or intricate textiles, you'll find that Labuan offers a unique shopping experience where you can haggle with vendors and barter for the best price.

While the market prices in Labuan can vary depending on what you're looking to purchase, one thing's for sure: the experience of shopping in these bustling markets is one you won't soon forget. From the sights and smells of local delicacies to the colorful array of handicrafts and souvenirs on offer, shopping in Labuan is an adventure in and of itself. So if you're looking to experience a taste of local culture and pick up some unique items to take home, be sure to pay a visit to the many markets in Labuan.

Water, 0.33 liter Bottle
0.33 $
Milk, Regular,1 liter
1.30 $
Loaf of Fresh White Bread, 0.5 kg
0.85 $
White Rice, 1 kg
0.65 $
Eggs, 12 pack
1.79 $
Local Cheese, 1 kg
8.03 $
Chicken Breasts, Boneless and Skinless, 1 kg
2.46 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
9.38 $
Tomato, 1 kg
1.48 $
Potato, 1 kg
0.74 $
Onion, 1 kg
1.48 $
Water, 1.5 liter Bottle
0.49 $
Bottle of Wine, Mid-Range Price
7.41 $
Domestic Beer, 0.5 liter Bottle
1.12 $
Pack of Cigarettes
2.47 $

Transportation prices

Labuan, Malaysia offers various transportation options for travelers exploring the island. One of the most popular ways to get around is by renting a car or a motorbike. This option allows travelers the freedom to explore the island at their own pace. There are several car rental companies on the island, and prices vary depending on the type of vehicle and duration of rental. Motorbikes are also readily available for rent, and they are a fun and affordable way to get around Labuan.

Another convenient way to explore Labuan is by using public transportation. There are several taxis available on the island, and their rates are reasonable. Visitors should be aware that taxis are not equipped with meters, so it's essential to negotiate the fare in advance. Local buses also operate on the island and connect various towns and villages. This option is a perfect choice for budget-conscious travelers who want to experience local life and culture. Overall, Labuan transportation options cater to all types of travelers, from those who prefer luxury to those who want to experience authentic local life.

One-way Ticket, Local Transport
0.74 $
Gasoline, 1 liter
0.74 $

Utilities Per Month prices

Utilities cost in Labuan, Malaysia are generally reasonable compared to other cities in Malaysia. The cost of electricity, water, and gas are not particularly high, and are subsidized by the government to support the welfare of its people. Visitors to Labuan can expect to pay a reasonable amount for their utilities during their stay, whether for short-term or long-term rentals. It is important to note, however, that prices may vary based on the type of accommodation and the amount of usage.

In addition to the cost of utilities, Labuan takes measures to promote environmental sustainability by encouraging the use of renewable energy sources. For instance, the island has installed solar panels on many buildings to generate electricity. This helps reduce the overall electricity consumption and carbon footprint of the city. As a traveler, you may notice that the use of air conditioning and other energy-consuming equipment is regulated in public areas, including restaurants and shopping malls. These small measures not only protect the environment but also contribute to the overall affordability of utilities in Labuan.

Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
27.16 $

Sports And Leisure prices

Labuan, Malaysia may be a small island, but it offers plenty of options for sports and leisure activities. The beaches are perfect for water sports such as snorkeling, scuba diving, and kayaking. Visitors can also enjoy fishing or take a sunset cruise. Golf enthusiasts can hit the links at the Labuan International Golf Club, which offers beautiful views of the South China Sea. For those who prefer indoor activities, there is a bowling alley and a fitness center. Overall, there are plenty of opportunities to stay active and have fun on the island.

When it comes to leisure, Labuan offers a laid-back atmosphere that is perfect for relaxation. Visitors can lounge on the beaches, take a stroll through the park, or visit one of the island's many restaurants and cafes. The island is also home to several spa and wellness centers, where guests can indulge in massages, facials, and other treatments. And for those interested in the history and culture of the area, there are several museums and landmarks to explore. Whether you're looking for adventure or relaxation, Labuan has something to offer everyone.

Fitness Club, Monthly Fee for 1 Adult
32.10 $
Tennis Court Rent, 1 Hour on Weekend
3.70 $

Salaries And Financing prices

If you're planning to work in Labuan, Malaysia, you'll be happy to know that the salaries here are quite competitive. In fact, the cost of living in Labuan is relatively low compared to other major cities in Malaysia. This means that your money will stretch farther and your standard of living will be higher. Whether you're looking for a job in finance, tourism, or any other industry, you'll find that Labuan offers great opportunities and attractive compensation packages.

When it comes to financing, Labuan is known for its favorable tax laws and business-friendly environment. The Labuan International Business and Financial Centre (IBFC) provides a wealth of financial services and opportunities for investors and entrepreneurs. From wealth management to insurance and banking, there are many ways to grow your money in Labuan. Whether you're looking to invest your savings or start a new venture, Labuan's financial sector has a lot to offer. With its strategic location and competitive advantages, Labuan is a great place to do business in Southeast Asia.

Cinema ticket, 1 Seat
3.46 $
Average Monthly Net Salary, After Tax
864.28 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
3.75 %

Childcare prices

Childcare prices in Labuan, Malaysia vary depending on the type of childcare center. For parents looking for a more structured and academic environment for their young ones, there are several reputable schools and kindergartens that provide high-quality early childhood education. These establishments usually have higher fees compared to other daycare centers.

On the other hand, for parents who prefer a more laidback and flexible approach, there are numerous home-based daycare options available that offer affordable rates. These providers usually operate out of their homes and may have fewer children under their care, allowing them to give ample attention to each child. Regardless of the type of childcare center, it's important for parents to make sure that the provider meets the necessary safety and quality standards.

International Primary School, Yearly for 1 Child
12,346.79 $

Clothing And Shoes prices

Labuan, Malaysia is a great place to shop for clothing and shoes at affordable prices. Local markets offer a wide variety of options, from traditional Malay clothing to trendy Western styles. You can find everything from light shirts and dresses to heavy winter coats and boots to meet the needs of any weather or occasion. Be sure to bargain with vendors for the best deals!

For more upscale shopping, there are several malls and shopping centers in Labuan that offer international brands at competitive prices. If you're looking for designer labels, head to the duty-free shops in the city center. They offer great deals on luxury goods such as bags, shoes, and watches. Whether you're looking for a casual outfit or a formal gown, Labuan has an abundance of options that will fit your style and budget.

Pair of Running Shoes, Mid-Range Price
61.73 $
Pair of Leather Business Shoes
37.04 $

Rent Per Month prices

If you are looking for a short rent or stay option in Labuan, Malaysia, there are plenty of options to choose from. From hotels to serviced apartments and guesthouses, there is something for every budget and preference. The prices of short-term accommodation in Labuan vary depending on the type of accommodation and the location. However, you can find affordable options in the city center as well as in more secluded areas. Whether you are traveling solo or with a group, you can find a comfortable and convenient place to stay in Labuan.

One of the advantages of short rental options in Labuan is the flexibility they offer. You can choose to stay for a weekend, a week or even a month, depending on your needs. This is particularly convenient for those who want to explore the island without committing to a long-term rental agreement. Additionally, many short-stay properties in Labuan offer amenities such as kitchenettes and laundry facilities that can make your stay more comfortable and convenient. Overall, short rental options in Labuan are a great way to experience the island's culture and natural beauty without breaking the bank.

One bedroom apartment in city centre
246.94 $
One bedroom apartment outside of city centre
209.90 $
Three bedroom apartment in city centre
493.87 $
Three bedroom apartment outside of city centre
321.02 $

Buy Apartment prices

Labuan is a popular tourist destination in Malaysia, and its real estate market is booming. The island offers a variety of real estate buying options, from modern apartments to traditional houses. Buyers can choose between different sizes, locations, and styles, depending on their budget and preferences. The prices of real estate in Labuan vary depending on the area and the type of property, but generally, prices are affordable compared to other parts of Malaysia. Whether you are looking for a holiday home or a permanent residence, Labuan has plenty to offer in terms of real estate buying options.

One of the advantages of buying real estate in Labuan is the flexibility it offers to buyers. Whether you are a first-time buyer or an experienced investor, you can find a property that suits your needs. The real estate market in Labuan is relatively stable, and property values have been increasing steadily over the past few years. This makes it an attractive investment for buyers who are looking for a long-term project. Moreover, the government of Malaysia offers incentives to investors who are interested in the hospitality industry, which includes the real estate sector. Overall, Labuan is a great place to buy real estate, whether you are looking for an investment or a home.

Price per m2 to Buy Apartment in City Center
2,065.30 $
Price per m2 to Buy Apartment Outside of City Center
1,061.98 $