Cost of Living Comparison Between Penang and Melbourne 
| Indices Difference |  |
|---|---|
| Consumer Prices in Melbourne are 114.2% higher than in Penang (without rent) | |
| Consumer Prices Including Rent in Melbourne are 161.3% higher than in Penang | |
| Rent Prices in Melbourne are 343.3% higher than in Penang | |
| Restaurant Prices in Melbourne are 229.5% higher than in Penang | |
| Groceries Prices in Melbourne are 76.9% higher than in Penang | |
| Local Purchasing Power in Melbourne is 58.7% higher than in Penang | |
Restaurants | Penang Edit |
Melbourne Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
12.00 RM (3.84 A$) |
78.15 RM (25.00 A$) |
+551.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
90.00 RM (28.79 A$) |
343.88 RM (110.00 A$) |
+282.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
18.00 RM (5.76 A$) |
46.89 RM (15.00 A$) |
+160.5 % |
| Domestic Beer (1 pint draught) |
20.00 RM (6.40 A$) |
31.26 RM (10.00 A$) |
+56.3 % |
| Imported Beer (12 oz small bottle) |
18.75 RM (6.00 A$) |
31.26 RM (10.00 A$) |
+66.7 % |
| Cappuccino (regular) |
13.40 RM (4.29 A$) |
16.16 RM (5.17 A$) |
+20.6 % |
| Coke/Pepsi (12 oz small bottle) |
3.27 RM (1.05 A$) |
12.31 RM (3.94 A$) |
+276.5 % |
| Water (12 oz small bottle) |
1.95 RM (0.63 A$) |
11.07 RM (3.54 A$) |
+466.2 % |
Markets | Penang Edit |
Melbourne Edit | |
| Milk (regular), (1 gallon) |
27.91 RM (8.93 A$) |
25.27 RM (8.08 A$) |
-9.5 % |
| Loaf of Fresh White Bread (1 lb) |
3.86 RM (1.24 A$) |
11.08 RM (3.54 A$) |
+186.7 % |
| Rice (white), (1 lb) |
3.17 RM (1.01 A$) |
4.67 RM (1.49 A$) |
+47.3 % |
| Eggs (regular) (12) |
8.40 RM (2.69 A$) |
17.86 RM (5.71 A$) |
+112.7 % |
| Local Cheese (1 lb) |
30.39 RM (9.72 A$) |
20.30 RM (6.49 A$) |
-33.2 % |
| Chicken Fillets (1 lb) |
9.83 RM (3.14 A$) |
18.34 RM (5.87 A$) |
+86.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
25.06 RM (8.02 A$) |
26.56 RM (8.50 A$) |
+6.0 % |
| Apples (1 lb) |
5.26 RM (1.68 A$) |
6.42 RM (2.05 A$) |
+22.0 % |
| Banana (1 lb) |
2.83 RM (0.91 A$) |
5.39 RM (1.72 A$) |
+90.1 % |
| Oranges (1 lb) |
5.67 RM (1.81 A$) |
5.57 RM (1.78 A$) |
-1.8 % |
| Tomato (1 lb) |
2.25 RM (0.72 A$) |
7.51 RM (2.40 A$) |
+233.3 % |
| Potato (1 lb) |
1.35 RM (0.43 A$) |
4.73 RM (1.51 A$) |
+251.7 % |
| Onion (1 lb) |
3.36 RM (1.07 A$) |
4.61 RM (1.47 A$) |
+37.3 % |
| Lettuce (1 head) |
4.79 RM (1.53 A$) |
9.95 RM (3.18 A$) |
+108.0 % |
| Water (1.5 liter bottle) |
2.13 RM (0.68 A$) |
6.43 RM (2.06 A$) |
+201.6 % |
| Bottle of Wine (Mid-Range) |
50.00 RM (15.99 A$) |
57.05 RM (18.25 A$) |
+14.1 % |
| Domestic Beer (0.5 liter bottle) |
11.32 RM (3.62 A$) |
22.64 RM (7.24 A$) |
+100.0 % |
| Imported Beer (12 oz small bottle) |
13.83 RM (4.43 A$) |
26.57 RM (8.50 A$) |
+92.0 % |
| Cigarettes 20 Pack (Marlboro) |
18.50 RM (5.92 A$) |
140.68 RM (45.00 A$) |
+660.4 % |
Transportation | Penang Edit |
Melbourne Edit | |
| One-way Ticket (Local Transport) |
2.15 RM (0.69 A$) |
16.57 RM (5.30 A$) |
+670.6 % |
| Monthly Pass (Regular Price) |
100.00 RM (31.99 A$) |
596.47 RM (190.80 A$) |
+496.5 % |
| Taxi Start (Normal Tariff) |
5.00 RM (1.60 A$) |
17.19 RM (5.50 A$) |
+243.9 % |
| Taxi 1 mile (Normal Tariff) |
1.61 RM (0.51 A$) |
15.09 RM (4.83 A$) |
+837.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 RM (9.60 A$) |
123.42 RM (39.48 A$) |
+311.4 % |
| Gasoline (1 gallon) |
7.76 RM (2.48 A$) |
22.72 RM (7.27 A$) |
+192.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
167,112.73 RM (53,456.58 A$) |
126,608.64 RM (40,500.00 A$) |
-24.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
127,222.00 RM (40,696.20 A$) |
102,228.77 RM (32,701.29 A$) |
-19.6 % |
Utilities (Monthly) | Penang Edit |
Melbourne Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
181.02 RM (57.91 A$) |
833.93 RM (266.76 A$) |
+360.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
41.67 RM (13.33 A$) |
130.73 RM (41.82 A$) |
+213.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
116.78 RM (37.36 A$) |
254.00 RM (81.25 A$) |
+117.5 % |
Sports And Leisure | Penang Edit |
Melbourne Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
127.14 RM (40.67 A$) |
255.07 RM (81.59 A$) |
+100.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
16.67 RM (5.33 A$) |
75.45 RM (24.14 A$) |
+352.7 % |
| Cinema, International Release, 1 Seat |
18.00 RM (5.76 A$) |
68.78 RM (22.00 A$) |
+282.1 % |
Childcare | Penang Edit |
Melbourne Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
970.00 RM (310.29 A$) |
7,257.61 RM (2,321.59 A$) |
+648.2 % |
| International Primary School, Yearly for 1 Child |
19,750.00 RM (6,317.70 A$) |
90,618.96 RM (28,987.50 A$) |
+358.8 % |
Clothing And Shoes | Penang Edit |
Melbourne Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
286.67 RM (91.70 A$) |
386.79 RM (123.73 A$) |
+34.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
131.67 RM (42.12 A$) |
255.36 RM (81.69 A$) |
+93.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
321.43 RM (102.82 A$) |
506.34 RM (161.97 A$) |
+57.5 % |
| 1 Pair of Men Leather Business Shoes |
236.25 RM (75.57 A$) |
564.33 RM (180.52 A$) |
+138.9 % |
Rent Per Month | Penang Edit |
Melbourne Edit | |
| Apartment (1 bedroom) in City Centre |
1,675.00 RM (535.80 A$) |
7,695.28 RM (2,461.59 A$) |
+359.4 % |
| Apartment (1 bedroom) Outside of Centre |
1,283.33 RM (410.52 A$) |
6,106.33 RM (1,953.31 A$) |
+375.8 % |
| Apartment (3 bedrooms) in City Centre |
3,185.71 RM (1,019.06 A$) |
14,661.59 RM (4,690.00 A$) |
+360.2 % |
| Apartment (3 bedrooms) Outside of Centre |
2,328.57 RM (744.87 A$) |
9,092.54 RM (2,908.55 A$) |
+290.5 % |
Buy Apartment Price | Penang Edit |
Melbourne Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
912.40 RM (291.86 A$) |
3,814.32 RM (1,220.14 A$) |
+318.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
671.50 RM (214.80 A$) |
3,104.85 RM (993.19 A$) |
+362.4 % |
Salaries And Financing | Penang Edit |
Melbourne Edit | |
| Average Monthly Net Salary (After Tax) |
4,675.00 RM (1,495.45 A$) |
19,384.62 RM (6,200.82 A$) |
+314.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.96 | 6.58 | +66.1 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 50 | 416 |
Moving to Penang? Explore:
Moving to Melbourne? Explore:
Cities near Penang: | Cost of Living in George Town | 0.28 miles |
| Cost of Living in Bayan Lepas | 10.19 miles |
| 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 Serdang | 43.43 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 |
Cities near Melbourne: | Cost of Living in Ballarat | 71.73 miles |
| Cost of Living in Wangaratta | 149.91 miles |
| Cost of Living in Albury | 195.47 miles |