Cost of Living in Penang

Summary of cost of living in Penang, Malaysia:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 2.53 $ 1.69-6.33
Meal for 2 People, Mid-range Restaurant, Three-course 18.99 $ 12.66-31.65
McMeal at McDonalds (or Equivalent Combo Meal) 3.80 $ 3.38-4.22
Domestic Beer (1 pint draught) 4.22 $ 3.17-6.33
Imported Beer (12 oz small bottle) 3.96 $ 3.17-6.33
Cappuccino (regular) 2.83 $ 1.50-3.17
Coke/Pepsi (12 oz small bottle) 0.69 $ 0.42-1.27
Water (12 oz small bottle) 0.41 $ 0.32-1.06
Markets
Edit
Milk (regular), (1 gallon) 5.89 $ 4.79-6.39
Loaf of Fresh White Bread (1 lb) 0.82 $ 0.57-1.34
Rice (white), (1 lb) 0.67 $ 0.25-1.00
Eggs (regular) (12) 1.77 $ 1.04-2.43
Local Cheese (1 lb) 6.41 $ 2.87-9.57
Chicken Fillets (1 lb) 2.07 $ 0.77-3.06
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.29 $ 2.39-9.57
Apples (1 lb) 1.11 $ 0.81-1.91
Banana (1 lb) 0.60 $ 0.38-0.67
Oranges (1 lb) 1.20 $ 0.96-1.44
Tomato (1 lb) 0.48 $ 0.29-0.66
Potato (1 lb) 0.28 $ 0.24-0.38
Onion (1 lb) 0.71 $ 0.29-1.05
Lettuce (1 head) 1.01 $ 0.63-1.35
Water (1.5 liter bottle) 0.45 $ 0.21-0.63
Bottle of Wine (Mid-Range) 10.55 $ 7.39-18.99
Domestic Beer (0.5 liter bottle) 2.39 $ 1.46-2.74
Imported Beer (12 oz small bottle) 2.92 $ 2.11-4.22
Cigarettes 20 Pack (Marlboro) 3.90 $ 3.69-4.54
Transportation
Edit
One-way Ticket (Local Transport) 0.45 $ 0.42-0.63
Monthly Pass (Regular Price) 21.10 $ 10.55-45.87
Taxi Start (Normal Tariff) 1.06 $ 0.63-1.90
Taxi 1 mile (Normal Tariff) 0.34 $ 0.34-1.02
Taxi 1hour Waiting (Normal Tariff) 6.33 $ 6.33-6.33
Gasoline (1 gallon) 1.64 $ 1.64-1.65
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,261.80 $ 34,816.00-35,707.60
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,844.62 $ 24,265.70-27,196.15
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 38.20 $ 25.75-68.58
Mobile Phone Monthly Plan with Calls and 10GB+ Data 8.79 $ 5.28-12.66
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 24.64 $ 21.10-31.65
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 26.83 $ 21.10-31.65
Tennis Court Rent (1 Hour on Weekend) 3.52 $ 2.11-5.28
Cinema, International Release, 1 Seat 3.80 $ 3.17-5.28
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 204.68 $ 137.15-316.51
International Primary School, Yearly for 1 Child 4,167.37 $ 3,165.09-8,440.24
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.49 $ 21.10-73.85
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.78 $ 21.10-42.20
1 Pair of Nike Running Shoes (Mid-Range) 67.82 $ 35.87-105.50
1 Pair of Men Leather Business Shoes 49.85 $ 31.65-189.91
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 353.44 $ 211.01-633.02
Apartment (1 bedroom) Outside of Centre 270.79 $ 168.80-316.51
Apartment (3 bedrooms) in City Centre 672.21 $ 506.41-949.53
Apartment (3 bedrooms) Outside of Centre 491.34 $ 422.01-633.02
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 192.52 $ 156.82-253.21
Price per Square Feet to Buy Apartment Outside of Centre 141.69 $ 98.01-211.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 986.45 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.96 3.00-4.50

Prices in Penang

This city had 328 entries in the past 12 months by 50 different contributors.
Last update: April 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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3 Comments so far
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
Will.Jennifer on Apr 12, 2020:
The reason why people have a mouth and two ears is because they listen twice as much as they say