Ayam at a workshop earlier today about insurance and one of the fun activities we did was estimating the cost of living for a family of 4 in KL.

The family
- Family of 4 with 2 parents and 2 kids
- Parents is 40 - 45 y/o and both kids between 2 - 4 y/o
- Living in KL

Cost of Living Estimation
- Housing Loan RM 4000 p/m
- Car loan RM 1,800 /n (1 Honda Civic and 1 Myvi)
- Food RM 1,500 p/m
- Insurance RM 600 p/m (Basic Term Life and Medical Card)
- Utility RM 800 p/m (Electricity, water and internet)
- Grocercies RM 400 p/m
- Transportation RM 400 p/m (Petrol and toll)
- Nursery School for kids RM 1,500 p/m

Total monthly expenses: RM 11,100 a month

Is this accurate ah? Come give feedback yo!

For me last time in Malaysia
- Food RM3K pm
- Groceries RM1K pm
- Petrol RM700 pm
- Toll RM300 pm (including parking which uses TnG)

nursery school eat caviar everyday?

Housing Loan RM 4000 p/m
Car loan RM 1,800 /n (1 Honda Civic and 1 Myvi)

can be lower

I was thinking about this as well

The presenter make this estimate coz he assuming the family live in 1k sq ft condo that is worth around RM 1 mil.

The cars he say more reasonable to assume one "nice" car and 1 "lowyat" car

You think everyone in kl stay in rm 800k house?

TS earn 25k

20k also no enough o like this....

if u are 40-45

2 young kids and a million ringgit home, 2 normal cars

also cant maintain a 15-20k expense bill a month.

better rethink your decisions you made so far.

I think they messed up on the cars and house part.

Better live in a Rm400k condo, mortgage is only Rm1.7k per month. Drive axia and honda city good enough.

good la you guys are so rich..

diu, show off tered.
There are sooo many people in KL with <3k per month.

see ing those figures make me feel depressed when i remember i only earn less than 2k. kanina just dapat gaji 3 days ago now bank account is kosong again because all went to pay hutang

how can 40yo with 2yo kid? impotent ke?

Hah? Bought groceries but cost of eating still 1.5k.
If you don't cook better don't spend 400 on groceries.

My parents spend nearly 1k on food per month and that's it. My wife & I usually cook for dinner so our costs are quite low

Utility got so high?

assuming that the 45yo is the dad, and the oldest child is only 4 year old
ggwp

Thats why need to get a low maintenance and high income wife

wow....got rm4000/m installment house to stay. ada muka la tu. 👍

the groceries is probably frozen food and junk food