Cost of Living in Penang

Cost of living in Penang is 57.44% lower than in New York, NY Info
Our estimator (with default settings) estimate monthly expenses for a single person at 2,889.98¥ (1,930.53RM) and for four person family at 10,467.38¥ (6,992.28RM) (without rent).
Restaurants [Edit] Avg. Range
Meal, Inexpensive Restaurant 10.00 RM 8.00-12.00
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 RM 40.00-90.00
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 RM 10.00-15.00
Domestic Beer (0.5 liter draught) 9.00 RM 8.00-20.00
Imported Beer (0.33 liter bottle) 13.00 RM 11.00-17.00
Cappuccino (regular) 10.11 RM 8.00-12.00
Coke/Pepsi (0.33 liter bottle) 2.12 RM 2.00-2.50
Water (0.33 liter bottle) 1.22 RM 1.00-1.50
Markets [Edit] Avg.
Milk (regular), (1 gallon) 25.06 RM 22.71-26.50
Loaf of Fresh White Bread (1 lb) 2.98 RM 2.70-3.63
Rice (white), (1 lb) 2.49 RM 1.81-3.18
Eggs (12) 5.35 RM 4.38-6.00
Local Cheese (1 lb) 7.71 RM 5.44-10.89
Chicken Breasts (Boneless, Skinless), (1 lb) 5.40 RM 3.40-6.80
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 24.95 RM 18.14-31.75
Apples (1 lb) 4.52 RM 4.50-4.54
Banana (1 lb) 6.50 RM 2.72-13.61
Oranges (1 lb) 3.63 RM 3.63-3.63
Tomato (1 lb) 2.02 RM 1.69-2.30
Potato (1 lb) 1.94 RM 1.36-2.30
Onion (1 lb) 7.94 RM 2.27-13.61
Lettuce (1 head) 3.33 RM 3.00-4.00
Water (1.5 liter bottle) 2.06 RM 1.50-2.50
Bottle of Wine (Mid-Range) 40.00 RM 30.00-69.90
Domestic Beer (0.5 liter bottle) 9.50 RM 8.00-11.00
Imported Beer (0.33 liter bottle) 17.33 RM 13.00-25.00
Pack of Cigarettes (Marlboro) 13.50 RM 12.00-13.50
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 2.00 RM 1.50-3.00
Monthly Pass (Regular Price) 70.00 RM 55.00-80.00
Taxi Start (Normal Tariff) 15.00 RM 6.00-15.00
Taxi 1 mile (Normal Tariff) 4.71 RM 3.22-8.05
Taxi 1hour Waiting (Normal Tariff) 30.00 RM 20.00-50.00
Gasoline (1 gallon) 8.20 RM 7.57-8.71
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 135,000.00 RM 80,000.00-150,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 173.12 RM 120.00-250.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.27 RM 0.23-0.30
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 155.56 RM 124.00-199.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 143.33 RM 110.00-200.00
Tennis Court Rent (1 Hour on Weekend) 16.00 RM 12.00-20.00
Cinema, International Release, 1 Seat 14.50 RM 11.00-17.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 260.00 RM 150.00-350.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 200.00 RM 200.00-200.00
1 Pair of Nike Running Shoes (Mid-Range) 274.98 RM 249.90-350.00
1 Pair of Men Leather Business Shoes 284.00 RM 200.00-400.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 1,241.67 RM 800.00-1,550.00
Apartment (1 bedroom) Outside of Centre 714.29 RM 400.00-1,000.00
Apartment (3 bedrooms) in City Centre 2,081.25 RM 1,300.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,287.50 RM 800.00-1,800.00
Buy Apartment Price [Edit] Avg.
Price per Square Feet to Buy Apartment in City Centre 694.40 RM 480.00-799.99
Price per Square Feet to Buy Apartment Outside of Centre 417.75 RM 285.36-545.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 3,500.00 RM 2,000.00-4,700.00
Mortgage Interest Rate in Percentages (%), Yearly 4.61 4.00-5.00

Prices in Penang

These data are based on 463 entries in the past 18 months from 63 different contributors.
Last update: November, 2015
Sources and References : Info
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5 Comments so far
#david Thomson on Jun 08, 2015 :
Is it possible to live a reasonable lifestyle in Penang on $2000 aussie dollars a month ?
#teh on Dec 15, 2014 :
The hawkers food in PENANG increased price tremendously. A plate of noodle is RM5 ..the noodle use to be rm3.50...others example: fresh egg @ 43cents per nos...government should look into this matter urgently. Effected the people here as no control in pricing from the government n no random check on the seller. Tq.
#anonymous on May 12, 2014 :
#Santiago, KL is not safe at all, look at the crime index, it is one of the highest in the world.
#pradeep on Oct 24, 2013 :
The average salary of the workers in Electronics company in Penang is RM 1200 with overtime. There are a large No of workers in these companies. So average salary, RM 3000. is wrong. please give a true data.
#Santiago on Aug 01, 2013 :
It sounds reasonable for living in Penang. Especially outside the city center for renting. But what is considered outside of the city center? 2KM, 5KM, or 10Km, __km??

So we stayed in Kula Lumpor for 3 days but then had to return to Singapore for our flight back to Manila and onwards to San Francisco. We like Kuala Lumpor. It was safe, relatively clean, inexpensive dining out (we ate where the general population dined--loved it), and loved the great discounts on our city centere hotel---in 2006. People are courteous and happy, and did not see any beggars and hopeless poverty as we did in Manila and Cebu City. We would love to live in the Philippines but we are so worried about crime and maintaining our health, although US dollars would make like easier in the Philippines staying safe is just as important

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