Cost of Living in Penang
Summary of cost of living in Penang, Malaysia:
- A family of four estimated monthly costs are 1,982.1$ (8,857.2RM) without rent (using our estimator).
- A single person estimated monthly costs are 550.3$ (2,459.1RM) without rent.
- Penang is 51.4% less expensive than Columbus (without rent, see our cost of living index).
- Rent in Penang is, on average, 76.3% lower than in Columbus.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 13.00 RM | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 100.00 RM | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 18.00 RM | |
| Domestic Beer (1 pint draught) | 18.00 RM | |
| Imported Beer (12 oz small bottle) | 18.75 RM | |
| Cappuccino (regular) | 13.30 RM | |
| Coke/Pepsi (12 oz small bottle) | 3.05 RM | |
| Water (12 oz small bottle) | 1.88 RM | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 29.68 RM | |
| Loaf of Fresh White Bread (1 lb) | 3.84 RM | |
| Rice (white), (1 lb) | 3.82 RM | |
| Eggs (regular) (12) | 8.80 RM | |
| Local Cheese (1 lb) | 33.34 RM | |
| Chicken Fillets (1 lb) | 11.21 RM | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 28.46 RM | |
| Apples (1 lb) | 5.48 RM | |
| Banana (1 lb) | 2.91 RM | |
| Oranges (1 lb) | 5.10 RM | |
| Tomato (1 lb) | 2.66 RM | |
| Potato (1 lb) | 1.68 RM | |
| Onion (1 lb) | 2.10 RM | |
| Lettuce (1 head) | 3.94 RM | |
| Water (1.5 liter bottle) | 2.12 RM | |
| Bottle of Wine (Mid-Range) | 60.00 RM | |
| Domestic Beer (0.5 liter bottle) | 11.32 RM | |
| Imported Beer (12 oz small bottle) | 13.70 RM | |
| Cigarettes 20 Pack (Marlboro) | 17.75 RM | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 2.00 RM | |
| Monthly Pass (Regular Price) | 75.00 RM | |
| Taxi Start (Normal Tariff) | 3.00 RM | |
| Taxi 1 mile (Normal Tariff) | 3.70 RM | |
| Taxi 1hour Waiting (Normal Tariff) | 30.00 RM | |
| Gasoline (1 gallon) | 7.76 RM | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 167,112.73 RM | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 127,222.00 RM | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 173.24 RM | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 43.00 RM | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 125.64 RM | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 140.83 RM | |
| Tennis Court Rent (1 Hour on Weekend) | 23.33 RM | |
| Cinema, International Release, 1 Seat | 18.00 RM | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,010.00 RM | |
| International Primary School, Yearly for 1 Child | 22,875.00 RM | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 250.00 RM | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 118.00 RM | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 260.00 RM | |
| 1 Pair of Men Leather Business Shoes | 248.75 RM | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 1,833.33 RM | |
| Apartment (1 bedroom) Outside of Centre | 1,050.00 RM | |
| Apartment (3 bedrooms) in City Centre | 3,137.50 RM | |
| Apartment (3 bedrooms) Outside of Centre | 2,266.67 RM | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,032.40 RM | |
| Price per Square Feet to Buy Apartment Outside of Centre | 720.42 RM | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,356.67 RM | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.17 |
Prices in Penang
This city had 459 entries in the past 12 months by 64 different contributors.
Last update: November 2024
Last update: November 2024
Sources and References
Moving to Penang? Explore:
Distribution of Expenses Using Our Statistical Model:
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Nearby cities:| Cost of Living in Butterworth | 15.17 miles |
| Cost of Living in Bukit Mertajam | 17.71 miles |
| Cost of Living in Kulim | 25.74 miles |
| Cost of Living in Jeniang | 58.42 miles |
| Cost of Living in Taiping | 62.60 miles |
| Cost of Living in Kedah | 70.34 miles |
| Cost of Living in Alor Setar | 70.78 miles |
| Cost of Living in Gerik | 85.30 miles |
| Cost of Living in Ipoh | 97.51 miles |
| Cost of Living in Kangar, Perlis | 103.46 miles |
This page in other languages:
 DeutschLebenshaltungskosten in Penang
|
 PortuguêsCusto de Vida em Penang
|
 ItalianoCosto della Vita a Penang
|
 FrançaisCoût de la Vie à Penang
|
 EspañolCosto de Vida en Penang
|
Leave a comment:3 Comments so far
CP
on Sep 01, 2024:
Why doesn't this budget take into account health expenses?
Thomas Maresco
on Oct 17, 2020:
I am asking for help ....I have someone in penang Malaysia , who insists they need 300 USD a week for food and even then they tell me they eat very modestly such as nasi gorang and maybe egg and spaghetti , was also told 12 eggs cost 18 USD and a loaf of bread is 6 USD ... I think I am being taken advantage of . could someone please email me cheftom12@gmail.com and let me know ...thank you very much
jeffrey william emack
on Sep 03, 2020:
is there a list i can see that shows number 1 ranked to last placed