Since I've lived in Malaysia, I'm feeling that.... the life in Malaysia is very cheap cost and kind of extravagant. The currency is low if I compare with Japan and Canada where I used to live and work.

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My salary now is cheap in Japanese salary. If I get only this salary in Japan or Canada, I can not correct money, buy something I want and have to be a minimalist, however, now my life in Malaysia is kind of extravagant with no high salary.

Let me tell you how low-cost Malaysian life is.....

The cost of my rent 
is around 450USD. Yes, it may be a normal price but this is the cost for a condominium with a gym where near by station, 24hours security, 13th floor, connecting to shopping mall.  
More than around 1000USD in JapanΣ(=゚ω゚=;)

Taking a taxi
 (Uber etc...), less than 1USD if I go to the other place where takes around 10 min by car.
More than 10USD in Japan Σ(=゚ω゚=;)

Eating out, if I go to a local restaurant, it costs around 2USD. If it's a little bit fancy restaurant or if I drink, it's still less than 20USD
More than 70USD in Japan Σ(=゚ω゚=;)

Mobile data plan, a prepaid style is common in here, so it cost only 8USD per month.
More than 50USD in Japan  Σ(=゚ω゚=;)

Utility fee
, around 2USD for water, 20USD for electricity. 
More than 50USD in Japan.Σ(=゚ω゚=;)

Small trip, when I went Malacca where is a popular place to sightseeing, world heritage town, takes 3hours from my place, I spend only 50USD for transportation fee, eat lunch and dinner and some snacks, small souvenirs all included.

In addition, there is only one season here, so I don't have to buy many clothes for each season.
There are Four seasons in JapanΣ(=゚ω゚=;)

Now I understand the reason why Malaysia has consistently topped Japnese rankings the abroad country where people want to live.

Needless to say, I love my country Japan!!! That's very beautiful, safe, kind, clean country.(of cause Canada too!)
However, there are good things and bad things in all country. So I can not say "which country is the best!".
Better to find out the good things in the country or place where you live and enjoy it!!

BUT obviously, this country (Malaysia) is good for correct money, enjoy your travel without no high salary :)