Cost of Living in Penang

Summary of cost of living in Penang, Malaysia:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 12.00 RM 8.00-30.00
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 RM 60.00-150.00
McMeal at McDonalds (or Equivalent Combo Meal) 18.00 RM 16.00-20.00
Domestic Beer (1 pint draught) 20.00 RM 15.00-30.00
Imported Beer (12 oz small bottle) 18.75 RM 15.00-30.00
Cappuccino (regular) 13.40 RM 7.10-15.00
Coke/Pepsi (12 oz small bottle) 3.27 RM 2.00-6.00
Water (12 oz small bottle) 1.95 RM 1.50-5.00
Markets
Edit
Milk (regular), (1 gallon) 27.91 RM 22.71-30.28
Loaf of Fresh White Bread (1 lb) 3.86 RM 2.72-6.35
Rice (white), (1 lb) 3.17 RM 1.18-4.74
Eggs (regular) (12) 8.40 RM 4.92-11.52
Local Cheese (1 lb) 30.39 RM 13.61-45.36
Chicken Fillets (1 lb) 9.83 RM 3.63-14.51
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 25.06 RM 11.34-45.36
Apples (1 lb) 5.26 RM 3.86-9.07
Banana (1 lb) 2.83 RM 1.81-3.18
Oranges (1 lb) 5.67 RM 4.54-6.80
Tomato (1 lb) 2.25 RM 1.36-3.11
Potato (1 lb) 1.35 RM 1.13-1.81
Onion (1 lb) 3.36 RM 1.36-4.99
Lettuce (1 head) 4.79 RM 3.00-6.40
Water (1.5 liter bottle) 2.13 RM 1.00-3.00
Bottle of Wine (Mid-Range) 50.00 RM 35.00-90.00
Domestic Beer (0.5 liter bottle) 11.32 RM 6.90-13.00
Imported Beer (12 oz small bottle) 13.83 RM 10.00-20.00
Cigarettes 20 Pack (Marlboro) 18.50 RM 17.50-21.50
Transportation
Edit
One-way Ticket (Local Transport) 2.15 RM 2.00-3.00
Monthly Pass (Regular Price) 100.00 RM 50.00-217.39
Taxi Start (Normal Tariff) 5.00 RM 3.00-9.00
Taxi 1 mile (Normal Tariff) 1.61 RM 1.61-4.83
Taxi 1hour Waiting (Normal Tariff) 30.00 RM 30.00-30.00
Gasoline (1 gallon) 7.76 RM 7.76-7.84
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 167,112.73 RM 165,000.00-169,225.45
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 127,222.00 RM 115,000.00-128,888.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 181.02 RM 122.05-325.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 41.67 RM 25.00-60.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 116.78 RM 100.00-150.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 127.14 RM 100.00-150.00
Tennis Court Rent (1 Hour on Weekend) 16.67 RM 10.00-25.00
Cinema, International Release, 1 Seat 18.00 RM 15.00-25.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 970.00 RM 650.00-1,500.00
International Primary School, Yearly for 1 Child 19,750.00 RM 15,000.00-40,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 286.67 RM 100.00-350.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 131.67 RM 100.00-200.00
1 Pair of Nike Running Shoes (Mid-Range) 321.43 RM 170.00-500.00
1 Pair of Men Leather Business Shoes 236.25 RM 150.00-900.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,675.00 RM 1,000.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,283.33 RM 800.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,185.71 RM 2,400.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,328.57 RM 2,000.00-3,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 912.40 RM 743.22-1,199.99
Price per Square Feet to Buy Apartment Outside of Centre 671.50 RM 464.51-999.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,511.11 RM
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.96 3.00-4.50

Prices in Penang

This city had 329 entries in the past 12 months by 51 different contributors.
Last update: May 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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2 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