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How Much Has RM50 Lost Its Purchasing Power Since 2016?
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How Much Has RM50 Lost Its Purchasing Power Since 2016?

in Money
07/09/2026
Reading Time: 6 mins read
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Ten years ago, RM50 could pay for several meals, a cinema ticket and perhaps leave you with enough money for petrol.

Today, the same amount seems to disappear much faster.

According to the Department of Statistics Malaysia’s Consumer Price Index, Malaysia’s overall price level increased by approximately 19.1% between July 2016 and July 2026.

In simple terms, something that cost RM50 in July 2016 would cost approximately RM59.56 today.

However, the national figure does not tell the entire story. 

Some everyday expenses, particularly eating out and watching movies, increased much faster.

What RM50 In 2016 Is Worth Today

DOSM’s overall Consumer Price Index increased from 115.1 in July 2016 to 137.1 in July 2026.

Based on this change, you would need about RM59.56 today to buy what RM50 could generally purchase in 2016.

Looking at it another way, RM50 today has approximately the same purchasing power as RM41.98 in 2016.

The comparison is based on a representative basket of products and services. It does not mean every product increased by exactly 19.1%.

Eating Out Recorded One Of The Biggest Increases

One of the largest differences can be seen in food purchased outside the home.

DOSM’s index for food away from home increased by approximately 45.3% between July 2016 and July 2026.

As a result, meals that collectively cost RM50 in 2016 would cost approximately RM72.65 today.

The wider category covering restaurants and cafés increased by approximately 34.2%. At that rate, a restaurant bill of RM50 in 2016 would be equivalent to around RM67.10 today.

This helps explain why many Malaysians feel that eating out has become significantly more expensive.

Restaurant operators must also deal with higher ingredient, rental, electricity, transportation, packaging and labour costs. These expenses may eventually be reflected in menu prices.

Nasi Lemak And Roti Canai Show The Difference

DOSM does not provide a consistent national average for every food item across the entire ten-year period. However, its longer-term figures show how dramatically the prices of several Malaysian favourites have changed.

Between 2011 and 2024, the average price of roti canai increased from RM0.90 to RM1.54, a rise of 71.1%.

Meanwhile, the average price of nasi lemak increased from RM2.03 to RM3.68, representing an increase of 81.3%.

At RM0.90 each, RM50 could theoretically buy around 55 pieces of roti canai. At RM1.54 each, the same amount could buy only 32 pieces.

For nasi lemak, the same amount could previously buy approximately 24 packets at RM2.03 each. At RM3.68, it would buy only around 13 packets.

These are national averages. Actual prices may differ according to location, restaurant, ingredients and portion size.

Cinema And Rent Also Became More Expensive

Cinema services recorded an increase of approximately 38% between July 2016 and July 2026.

This means a cinema experience costing RM50 in 2016 would cost approximately RM69 today, assuming it followed the national index.

Ticket prices naturally differ according to the cinema, day, location, seat and viewing format. Nevertheless, the data show that Malaysians are paying considerably more for cinema services.

Meanwhile, actual rent paid by tenants increased by approximately 19.1% over the same period.

At that rate, a home rented for RM1,000 a month in 2016 would cost around RM1,191 today. A monthly rental of RM1,500 would become approximately RM1,787.

However, actual rental movements can vary significantly according to the location and type of property.

Coffee And Popular Drinks Cost More Too

Coffee and coffee substitutes became approximately 20.1% more expensive between July 2016 and July 2026.

Tea and other infusion products increased by approximately 14.1%, while soft drinks rose by around 14.3%.

But café prices may have increased more sharply because customers are paying for more than the coffee or tea itself. The selling price must also cover milk, labour, rent, utilities and packaging.

That may explain why the broader restaurant and café index increased by 34.2%.

Petrol Is A Different Story

RON95 petrol was priced at RM1.75 per litre in July 2016. At that price, RM50 could purchase approximately 28.57 litres.

As of early September 2026, eligible Malaysians under BUDI95 pay RM1.99 per litre. At the subsidised price, the same amount can purchase approximately 25.13 litres.

The unsubsidised price stood at RM3.77 per litre, meaning the same amount would purchase only around 13.26 litres.

For eligible Malaysians, subsidised RON95 is only 13.7% more expensive than in July 2016. Without the subsidy, however, the price is approximately 115% higher.

This demonstrates how government subsidies can protect consumers from experiencing the full increase in market prices.

RM50 Still Looks The Same, But It Buys Less

The note has not changed. Its purchasing power has.

Overall, RM50 in 2016 is equivalent to approximately RM59.56 in 2026. For food away from home, the equivalent amount is even higher at RM72.65.

Malaysia’s overall inflation may appear manageable when viewed one year at a time. But when ten years are placed side by side, the difference becomes much clearer.

The more important question may no longer be whether prices have increased.

It is whether Malaysian incomes have increased fast enough to keep up.

Sources: 1 | 2 | 3 | 4 | 5

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