Cost of Living Comparison Between Penang and Taipei 
| Indices Difference |  |
|---|---|
| Consumer Prices in Taipei are 51.5% higher than in Penang (without rent) | |
| Consumer Prices Including Rent in Taipei are 64.7% higher than in Penang | |
| Rent Prices in Taipei are 115.7% higher than in Penang | |
| Restaurant Prices in Taipei are 49.3% higher than in Penang | |
| Groceries Prices in Taipei are 53.7% higher than in Penang | |
| Local Purchasing Power in Taipei is 13.5% higher than in Penang | |
Restaurants | Penang Edit |
Taipei Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
12.00 RM (81.92 NT$) |
29.30 RM (200.00 NT$) |
+144.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
90.00 RM (614.39 NT$) |
146.49 RM (1,000.00 NT$) |
+62.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
18.00 RM (122.88 NT$) |
24.17 RM (165.00 NT$) |
+34.3 % |
| Domestic Beer (1 pint draught) |
20.00 RM (136.53 NT$) |
11.72 RM (80.00 NT$) |
-41.4 % |
| Imported Beer (12 oz small bottle) |
18.75 RM (128.00 NT$) |
14.65 RM (100.00 NT$) |
-21.9 % |
| Cappuccino (regular) |
13.40 RM (91.48 NT$) |
16.41 RM (112.02 NT$) |
+22.5 % |
| Coke/Pepsi (12 oz small bottle) |
3.27 RM (22.33 NT$) |
4.89 RM (33.36 NT$) |
+49.4 % |
| Water (12 oz small bottle) |
1.95 RM (13.34 NT$) |
3.41 RM (23.26 NT$) |
+74.3 % |
Markets | Penang Edit |
Taipei Edit | |
| Milk (regular), (1 gallon) |
27.91 RM (190.55 NT$) |
53.96 RM (368.36 NT$) |
+93.3 % |
| Loaf of Fresh White Bread (1 lb) |
3.86 RM (26.38 NT$) |
8.05 RM (54.94 NT$) |
+108.3 % |
| Rice (white), (1 lb) |
3.17 RM (21.65 NT$) |
6.47 RM (44.14 NT$) |
+103.9 % |
| Eggs (regular) (12) |
8.40 RM (57.33 NT$) |
13.23 RM (90.33 NT$) |
+57.6 % |
| Local Cheese (1 lb) |
30.39 RM (207.46 NT$) |
33.09 RM (225.86 NT$) |
+8.9 % |
| Chicken Fillets (1 lb) |
9.83 RM (67.09 NT$) |
19.42 RM (132.57 NT$) |
+97.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
25.06 RM (171.08 NT$) |
38.02 RM (259.54 NT$) |
+51.7 % |
| Apples (1 lb) |
5.26 RM (35.92 NT$) |
9.73 RM (66.45 NT$) |
+85.0 % |
| Banana (1 lb) |
2.83 RM (19.35 NT$) |
4.75 RM (32.46 NT$) |
+67.7 % |
| Oranges (1 lb) |
5.67 RM (38.71 NT$) |
5.55 RM (37.90 NT$) |
-2.1 % |
| Tomato (1 lb) |
2.25 RM (15.39 NT$) |
7.01 RM (47.88 NT$) |
+211.1 % |
| Potato (1 lb) |
1.35 RM (9.18 NT$) |
5.84 RM (39.84 NT$) |
+333.8 % |
| Onion (1 lb) |
3.36 RM (22.90 NT$) |
5.28 RM (36.07 NT$) |
+57.5 % |
| Lettuce (1 head) |
4.79 RM (32.67 NT$) |
7.85 RM (53.61 NT$) |
+64.1 % |
| Water (1.5 liter bottle) |
2.13 RM (14.56 NT$) |
5.65 RM (38.58 NT$) |
+164.9 % |
| Bottle of Wine (Mid-Range) |
50.00 RM (341.33 NT$) |
58.59 RM (400.00 NT$) |
+17.2 % |
| Domestic Beer (0.5 liter bottle) |
11.32 RM (77.28 NT$) |
7.24 RM (49.41 NT$) |
-36.1 % |
| Imported Beer (12 oz small bottle) |
13.83 RM (94.43 NT$) |
10.86 RM (74.17 NT$) |
-21.5 % |
| Cigarettes 20 Pack (Marlboro) |
18.50 RM (126.29 NT$) |
18.31 RM (125.00 NT$) |
-1.0 % |
Transportation | Penang Edit |
Taipei Edit | |
| One-way Ticket (Local Transport) |
2.15 RM (14.68 NT$) |
4.39 RM (30.00 NT$) |
+104.4 % |
| Monthly Pass (Regular Price) |
100.00 RM (682.66 NT$) |
175.78 RM (1,200.00 NT$) |
+75.8 % |
| Taxi Start (Normal Tariff) |
5.00 RM (34.13 NT$) |
12.45 RM (85.00 NT$) |
+149.0 % |
| Taxi 1 mile (Normal Tariff) |
1.61 RM (10.99 NT$) |
5.89 RM (40.23 NT$) |
+266.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 RM (204.80 NT$) |
43.95 RM (300.00 NT$) |
+46.5 % |
| Gasoline (1 gallon) |
7.76 RM (52.97 NT$) |
17.47 RM (119.28 NT$) |
+125.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
167,112.73 RM (1,140,807.02 NT$) |
147,804.79 RM (1,009,000.00 NT$) |
-11.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
127,222.00 RM (868,490.12 NT$) |
119,008.00 RM (812,416.67 NT$) |
-6.5 % |
Utilities (Monthly) | Penang Edit |
Taipei Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
181.02 RM (1,235.75 NT$) |
443.39 RM (3,026.83 NT$) |
+144.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
41.67 RM (284.44 NT$) |
93.02 RM (635.00 NT$) |
+123.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
116.78 RM (797.19 NT$) |
121.60 RM (830.14 NT$) |
+4.1 % |
Sports And Leisure | Penang Edit |
Taipei Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
127.14 RM (867.95 NT$) |
183.05 RM (1,249.63 NT$) |
+44.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
16.67 RM (113.78 NT$) |
49.60 RM (338.57 NT$) |
+197.6 % |
| Cinema, International Release, 1 Seat |
18.00 RM (122.88 NT$) |
43.95 RM (300.00 NT$) |
+144.1 % |
Childcare | Penang Edit |
Taipei Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
970.00 RM (6,621.77 NT$) |
3,231.32 RM (22,058.82 NT$) |
+233.1 % |
| International Primary School, Yearly for 1 Child |
19,750.00 RM (134,824.79 NT$) |
83,396.24 RM (569,310.39 NT$) |
+322.3 % |
Clothing And Shoes | Penang Edit |
Taipei Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
286.67 RM (1,956.95 NT$) |
287.34 RM (1,961.54 NT$) |
+0.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
131.67 RM (898.83 NT$) |
143.29 RM (978.17 NT$) |
+8.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
321.43 RM (2,194.26 NT$) |
422.37 RM (2,883.33 NT$) |
+31.4 % |
| 1 Pair of Men Leather Business Shoes |
236.25 RM (1,612.78 NT$) |
488.29 RM (3,333.33 NT$) |
+106.7 % |
Rent Per Month | Penang Edit |
Taipei Edit | |
| Apartment (1 bedroom) in City Centre |
1,675.00 RM (11,434.51 NT$) |
3,140.07 RM (21,435.90 NT$) |
+87.5 % |
| Apartment (1 bedroom) Outside of Centre |
1,283.33 RM (8,760.77 NT$) |
2,367.41 RM (16,161.29 NT$) |
+84.5 % |
| Apartment (3 bedrooms) in City Centre |
3,185.71 RM (21,747.51 NT$) |
7,552.78 RM (51,559.57 NT$) |
+137.1 % |
| Apartment (3 bedrooms) Outside of Centre |
2,328.57 RM (15,896.16 NT$) |
5,214.92 RM (35,600.00 NT$) |
+124.0 % |
Buy Apartment Price | Penang Edit |
Taipei Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
912.40 RM (6,228.57 NT$) |
5,503.37 RM (37,569.15 NT$) |
+503.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
671.50 RM (4,584.04 NT$) |
2,622.55 RM (17,903.05 NT$) |
+290.6 % |
Salaries And Financing | Penang Edit |
Taipei Edit | |
| Average Monthly Net Salary (After Tax) |
4,675.00 RM (31,914.22 NT$) |
8,741.95 RM (59,677.54 NT$) |
+87.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.96 | 1.85 | -53.4 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 50 | 271 |
Moving to Penang? Explore:
Moving to Taipei? 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 Taipei: | Cost of Living in Guangzhou | 5.22 miles |
| Cost of Living in Keelung (Chi-Lung) | 12.98 miles |
| Cost of Living in New Taipei City | 19.05 miles |
| Cost of Living in Zhongli City (Jhongli) | 28.86 miles |
| Cost of Living in Yilan | 35.87 miles |
| Cost of Living in Zhubei City | 49.12 miles |
| Cost of Living in HsinChu | 51.94 miles |
| Cost of Living in Zhunan | 59.17 miles |
| Cost of Living in Miaoli | 70.17 miles |
| Cost of Living in Taichung | 100.49 miles |