Cost of Living Comparison Between Taipei and Penang 

Indices DifferenceInfo
Consumer Prices in Penang are 34.0% lower than in Taipei (without rent)
Consumer Prices Including Rent in Penang are 39.3% lower than in Taipei
Rent Prices in Penang are 53.6% lower than in Taipei
Restaurant Prices in Penang are 33.0% lower than in Taipei
Groceries Prices in Penang are 34.9% lower than in Taipei
Local Purchasing Power in Penang is 11.9% lower than in Taipei
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
 Taipei Edit Penang Edit Difference
Meal, Inexpensive Restaurant 200.00 NT$
(29.30 RM)		 81.92 NT$
(12.00 RM)		      -59.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 1,000.00 NT$
(146.49 RM)		 614.39 NT$
(90.00 RM)		      -38.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 165.00 NT$
(24.17 RM)		 122.88 NT$
(18.00 RM)		      -25.5 %
Domestic Beer (1 pint draught) 80.00 NT$
(11.72 RM)		 136.53 NT$
(20.00 RM)		      +70.7 %
Imported Beer (12 oz small bottle) 100.00 NT$
(14.65 RM)		 128.00 NT$
(18.75 RM)		      +28.0 %
Cappuccino (regular) 112.02 NT$
(16.41 RM)		 91.48 NT$
(13.40 RM)		      -18.3 %
Coke/Pepsi (12 oz small bottle) 33.36 NT$
(4.89 RM)		 22.33 NT$
(3.27 RM)		      -33.1 %
Water (12 oz small bottle) 23.26 NT$
(3.41 RM)		 13.34 NT$
(1.95 RM)		      -42.6 %
Markets
 Taipei Edit Penang Edit
Milk (regular), (1 gallon) 368.36 NT$
(53.96 RM)		 190.55 NT$
(27.91 RM)		      -48.3 %
Loaf of Fresh White Bread (1 lb) 54.94 NT$
(8.05 RM)		 26.38 NT$
(3.86 RM)		      -52.0 %
Rice (white), (1 lb) 44.14 NT$
(6.47 RM)		 21.65 NT$
(3.17 RM)		      -50.9 %
Eggs (regular) (12) 90.33 NT$
(13.23 RM)		 57.33 NT$
(8.40 RM)		      -36.5 %
Local Cheese (1 lb) 225.86 NT$
(33.09 RM)		 207.46 NT$
(30.39 RM)		      -8.1 %
Chicken Fillets (1 lb) 132.57 NT$
(19.42 RM)		 67.09 NT$
(9.83 RM)		      -49.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 259.54 NT$
(38.02 RM)		 171.08 NT$
(25.06 RM)		      -34.1 %
Apples (1 lb) 66.45 NT$
(9.73 RM)		 35.92 NT$
(5.26 RM)		      -45.9 %
Banana (1 lb) 32.46 NT$
(4.75 RM)		 19.35 NT$
(2.83 RM)		      -40.4 %
Oranges (1 lb) 37.90 NT$
(5.55 RM)		 38.71 NT$
(5.67 RM)		      +2.1 %
Tomato (1 lb) 47.88 NT$
(7.01 RM)		 15.39 NT$
(2.25 RM)		      -67.9 %
Potato (1 lb) 39.84 NT$
(5.84 RM)		 9.18 NT$
(1.35 RM)		      -76.9 %
Onion (1 lb) 36.07 NT$
(5.28 RM)		 22.90 NT$
(3.36 RM)		      -36.5 %
Lettuce (1 head) 53.61 NT$
(7.85 RM)		 32.67 NT$
(4.79 RM)		      -39.1 %
Water (1.5 liter bottle) 38.58 NT$
(5.65 RM)		 14.56 NT$
(2.13 RM)		      -62.2 %
Bottle of Wine (Mid-Range) 400.00 NT$
(58.59 RM)		 341.33 NT$
(50.00 RM)		      -14.7 %
Domestic Beer (0.5 liter bottle) 49.41 NT$
(7.24 RM)		 77.28 NT$
(11.32 RM)		      +56.4 %
Imported Beer (12 oz small bottle) 74.17 NT$
(10.86 RM)		 94.43 NT$
(13.83 RM)		      +27.3 %
Cigarettes 20 Pack (Marlboro) 125.00 NT$
(18.31 RM)		 126.29 NT$
(18.50 RM)		      +1.0 %
Transportation
 Taipei Edit Penang Edit
One-way Ticket (Local Transport) 30.00 NT$
(4.39 RM)		 14.68 NT$
(2.15 RM)		      -51.1 %
Monthly Pass (Regular Price) 1,200.00 NT$
(175.78 RM)		 682.66 NT$
(100.00 RM)		      -43.1 %
Taxi Start (Normal Tariff) 85.00 NT$
(12.45 RM)		 34.13 NT$
(5.00 RM)		      -59.8 %
Taxi 1 mile (Normal Tariff) 40.23 NT$
(5.89 RM)		 10.99 NT$
(1.61 RM)		      -72.7 %
Taxi 1hour Waiting (Normal Tariff) 300.00 NT$
(43.95 RM)		 204.80 NT$
(30.00 RM)		      -31.7 %
Gasoline (1 gallon) 119.28 NT$
(17.47 RM)		 52.97 NT$
(7.76 RM)		      -55.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 1,009,000.00 NT$
(147,804.79 RM)		 1,140,807.02 NT$
(167,112.73 RM)		      +13.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 812,416.67 NT$
(119,008.00 RM)		 868,490.12 NT$
(127,222.00 RM)		      +6.9 %
Utilities (Monthly)
 Taipei Edit Penang Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 3,026.83 NT$
(443.39 RM)		 1,235.75 NT$
(181.02 RM)		      -59.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 635.00 NT$
(93.02 RM)		 284.44 NT$
(41.67 RM)		      -55.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 830.14 NT$
(121.60 RM)		 797.19 NT$
(116.78 RM)		      -4.0 %
Sports And Leisure
 Taipei Edit Penang Edit
Fitness Club, Monthly Fee for 1 Adult 1,249.63 NT$
(183.05 RM)		 867.95 NT$
(127.14 RM)		      -30.5 %
Tennis Court Rent (1 Hour on Weekend) 338.57 NT$
(49.60 RM)		 113.78 NT$
(16.67 RM)		      -66.4 %
Cinema, International Release, 1 Seat 300.00 NT$
(43.95 RM)		 122.88 NT$
(18.00 RM)		      -59.0 %
Childcare
 Taipei Edit Penang Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 22,058.82 NT$
(3,231.32 RM)		 6,621.77 NT$
(970.00 RM)		      -70.0 %
International Primary School, Yearly for 1 Child 569,310.39 NT$
(83,396.24 RM)		 134,824.79 NT$
(19,750.00 RM)		      -76.3 %
Clothing And Shoes
 Taipei Edit Penang Edit
1 Pair of Jeans (Levis 501 Or Similar) 1,961.54 NT$
(287.34 RM)		 1,956.95 NT$
(286.67 RM)		      -0.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 978.17 NT$
(143.29 RM)		 898.83 NT$
(131.67 RM)		      -8.1 %
1 Pair of Nike Running Shoes (Mid-Range) 2,883.33 NT$
(422.37 RM)		 2,194.26 NT$
(321.43 RM)		      -23.9 %
1 Pair of Men Leather Business Shoes 3,333.33 NT$
(488.29 RM)		 1,612.78 NT$
(236.25 RM)		      -51.6 %
Rent Per Month
 Taipei Edit Penang Edit
Apartment (1 bedroom) in City Centre 21,435.90 NT$
(3,140.07 RM)		 11,434.51 NT$
(1,675.00 RM)		      -46.7 %
Apartment (1 bedroom) Outside of Centre 16,161.29 NT$
(2,367.41 RM)		 8,760.77 NT$
(1,283.33 RM)		      -45.8 %
Apartment (3 bedrooms) in City Centre 51,559.57 NT$
(7,552.78 RM)		 21,747.51 NT$
(3,185.71 RM)		      -57.8 %
Apartment (3 bedrooms) Outside of Centre 35,600.00 NT$
(5,214.92 RM)		 15,896.16 NT$
(2,328.57 RM)		      -55.3 %
Buy Apartment Price
 Taipei Edit Penang Edit
Price per Square Feet to Buy Apartment in City Centre 37,569.15 NT$
(5,503.37 RM)		 6,228.57 NT$
(912.40 RM)		      -83.4 %
Price per Square Feet to Buy Apartment Outside of Centre 17,903.05 NT$
(2,622.55 RM)		 4,584.04 NT$
(671.50 RM)		      -74.4 %
Salaries And Financing
 Taipei Edit Penang Edit
Average Monthly Net Salary (After Tax) 59,677.54 NT$
(8,741.95 RM)		 31,914.22 NT$
(4,675.00 RM)		      -46.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.85 3.96      +114.5 %
Last update: May 2024April 2024
Contributors in the past 12 months:27150
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