Cost of Living Comparison Between Penang and Singapore 
| Indices Difference |  |
|---|---|
| Consumer Prices in Singapore are 150.6% higher than in Penang (without rent) | |
| Consumer Prices Including Rent in Singapore are 256.9% higher than in Penang | |
| Rent Prices in Singapore are 667.4% higher than in Penang | |
| Restaurant Prices in Singapore are 189.2% higher than in Penang | |
| Groceries Prices in Singapore are 87.6% higher than in Penang | |
| Local Purchasing Power in Singapore is 26.1% higher than in Penang | |
Restaurants | Penang Edit |
Singapore Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
12.00 RM (3.42 S$) |
52.67 RM (15.00 S$) |
+338.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
90.00 RM (25.63 S$) |
342.33 RM (97.50 S$) |
+280.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
18.00 RM (5.13 S$) |
35.11 RM (10.00 S$) |
+95.1 % |
| Domestic Beer (1 pint draught) |
20.00 RM (5.70 S$) |
35.11 RM (10.00 S$) |
+75.6 % |
| Imported Beer (12 oz small bottle) |
18.75 RM (5.34 S$) |
35.11 RM (10.00 S$) |
+87.3 % |
| Cappuccino (regular) |
13.40 RM (3.82 S$) |
22.72 RM (6.47 S$) |
+69.6 % |
| Coke/Pepsi (12 oz small bottle) |
3.27 RM (0.93 S$) |
7.13 RM (2.03 S$) |
+117.9 % |
| Water (12 oz small bottle) |
1.95 RM (0.56 S$) |
5.34 RM (1.52 S$) |
+173.1 % |
Markets | Penang Edit |
Singapore Edit | |
| Milk (regular), (1 gallon) |
27.91 RM (7.95 S$) |
51.21 RM (14.59 S$) |
+83.5 % |
| Loaf of Fresh White Bread (1 lb) |
3.86 RM (1.10 S$) |
8.85 RM (2.52 S$) |
+129.0 % |
| Rice (white), (1 lb) |
3.17 RM (0.90 S$) |
5.81 RM (1.65 S$) |
+83.1 % |
| Eggs (regular) (12) |
8.40 RM (2.39 S$) |
15.92 RM (4.53 S$) |
+89.6 % |
| Local Cheese (1 lb) |
30.39 RM (8.66 S$) |
39.20 RM (11.16 S$) |
+29.0 % |
| Chicken Fillets (1 lb) |
9.83 RM (2.80 S$) |
22.01 RM (6.27 S$) |
+123.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
25.06 RM (7.14 S$) |
42.90 RM (12.22 S$) |
+71.2 % |
| Apples (1 lb) |
5.26 RM (1.50 S$) |
9.00 RM (2.56 S$) |
+71.1 % |
| Banana (1 lb) |
2.83 RM (0.81 S$) |
6.81 RM (1.94 S$) |
+140.3 % |
| Oranges (1 lb) |
5.67 RM (1.61 S$) |
8.28 RM (2.36 S$) |
+46.0 % |
| Tomato (1 lb) |
2.25 RM (0.64 S$) |
6.06 RM (1.73 S$) |
+169.0 % |
| Potato (1 lb) |
1.35 RM (0.38 S$) |
4.97 RM (1.42 S$) |
+269.5 % |
| Onion (1 lb) |
3.36 RM (0.96 S$) |
4.86 RM (1.38 S$) |
+44.7 % |
| Lettuce (1 head) |
4.79 RM (1.36 S$) |
7.98 RM (2.27 S$) |
+66.8 % |
| Water (1.5 liter bottle) |
2.13 RM (0.61 S$) |
6.29 RM (1.79 S$) |
+194.8 % |
| Bottle of Wine (Mid-Range) |
50.00 RM (14.24 S$) |
105.33 RM (30.00 S$) |
+110.7 % |
| Domestic Beer (0.5 liter bottle) |
11.32 RM (3.22 S$) |
19.47 RM (5.55 S$) |
+72.0 % |
| Imported Beer (12 oz small bottle) |
13.83 RM (3.94 S$) |
21.78 RM (6.20 S$) |
+57.5 % |
| Cigarettes 20 Pack (Marlboro) |
18.50 RM (5.27 S$) |
57.93 RM (16.50 S$) |
+213.2 % |
Transportation | Penang Edit |
Singapore Edit | |
| One-way Ticket (Local Transport) |
2.15 RM (0.61 S$) |
7.02 RM (2.00 S$) |
+226.6 % |
| Monthly Pass (Regular Price) |
100.00 RM (28.48 S$) |
449.42 RM (128.00 S$) |
+349.4 % |
| Taxi Start (Normal Tariff) |
5.00 RM (1.42 S$) |
15.45 RM (4.40 S$) |
+209.0 % |
| Taxi 1 mile (Normal Tariff) |
1.61 RM (0.46 S$) |
5.65 RM (1.61 S$) |
+251.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 RM (8.54 S$) |
70.22 RM (20.00 S$) |
+134.1 % |
| Gasoline (1 gallon) |
7.76 RM (2.21 S$) |
37.75 RM (10.75 S$) |
+386.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
167,112.73 RM (47,595.40 S$) |
632,000.00 RM (180,000.00 S$) |
+278.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
127,222.00 RM (36,234.11 S$) |
557,290.58 RM (158,722.00 S$) |
+338.0 % |
Utilities (Monthly) | Penang Edit |
Singapore Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
181.02 RM (51.56 S$) |
711.58 RM (202.67 S$) |
+293.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
41.67 RM (11.87 S$) |
84.70 RM (24.12 S$) |
+103.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
116.78 RM (33.26 S$) |
167.93 RM (47.83 S$) |
+43.8 % |
Sports And Leisure | Penang Edit |
Singapore Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
127.14 RM (36.21 S$) |
488.34 RM (139.08 S$) |
+284.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
16.67 RM (4.75 S$) |
59.74 RM (17.01 S$) |
+258.4 % |
| Cinema, International Release, 1 Seat |
18.00 RM (5.13 S$) |
52.67 RM (15.00 S$) |
+192.6 % |
Childcare | Penang Edit |
Singapore Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
970.00 RM (276.27 S$) |
5,240.27 RM (1,492.48 S$) |
+440.2 % |
| International Primary School, Yearly for 1 Child |
19,750.00 RM (5,625.00 S$) |
131,569.90 RM (37,472.44 S$) |
+566.2 % |
Clothing And Shoes | Penang Edit |
Singapore Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
286.67 RM (81.65 S$) |
319.98 RM (91.13 S$) |
+11.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
131.67 RM (37.50 S$) |
206.57 RM (58.83 S$) |
+56.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
321.43 RM (91.55 S$) |
440.34 RM (125.41 S$) |
+37.0 % |
| 1 Pair of Men Leather Business Shoes |
236.25 RM (67.29 S$) |
498.31 RM (141.92 S$) |
+110.9 % |
Rent Per Month | Penang Edit |
Singapore Edit | |
| Apartment (1 bedroom) in City Centre |
1,675.00 RM (477.06 S$) |
12,966.08 RM (3,692.87 S$) |
+674.1 % |
| Apartment (1 bedroom) Outside of Centre |
1,283.33 RM (365.51 S$) |
9,606.21 RM (2,735.95 S$) |
+648.5 % |
| Apartment (3 bedrooms) in City Centre |
3,185.71 RM (907.32 S$) |
24,787.02 RM (7,059.60 S$) |
+678.1 % |
| Apartment (3 bedrooms) Outside of Centre |
2,328.57 RM (663.20 S$) |
17,834.08 RM (5,079.33 S$) |
+665.9 % |
Buy Apartment Price | Penang Edit |
Singapore Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
912.40 RM (259.86 S$) |
8,782.66 RM (2,501.39 S$) |
+862.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
671.50 RM (191.25 S$) |
5,809.77 RM (1,654.68 S$) |
+765.2 % |
Salaries And Financing | Penang Edit |
Singapore Edit | |
| Average Monthly Net Salary (After Tax) |
4,675.00 RM (1,331.49 S$) |
21,037.37 RM (5,991.66 S$) |
+350.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.96 | 3.50 | -11.7 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 50 | 648 |
Moving to Penang? Explore:
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| 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 |
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| 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 |