Cost of Living in Penang

Summary of cost of living in Penang, Malaysia:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 2.13 $ 1.28-3.20
Meal for 2 People, Mid-range Restaurant, Three-course 19.73 $ 12.80-27.73
McMeal at McDonalds (or Equivalent Combo Meal) 3.83 $ 3.20-4.27
Domestic Beer (1 pint draught) 4.27 $ 3.20-6.40
Imported Beer (12 oz small bottle) 4.16 $ 2.13-6.40
Cappuccino (regular) 2.84 $ 2.13-3.20
Coke/Pepsi (12 oz small bottle) 0.67 $ 0.43-1.28
Water (12 oz small bottle) 0.45 $ 0.32-1.07
Markets
Edit
Milk (regular), (1 gallon) 6.02 $ 5.48-6.46
Loaf of Fresh White Bread (1 lb) 0.88 $ 0.69-1.94
Rice (white), (1 lb) 0.59 $ 0.25-1.01
Eggs (regular) (12) 1.63 $ 1.05-2.05
Local Cheese (1 lb) 6.48 $ 2.90-9.68
Chicken Fillets (1 lb) 2.05 $ 0.77-3.10
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.60 $ 2.42-9.68
Apples (1 lb) 0.98 $ 0.61-1.35
Banana (1 lb) 0.53 $ 0.39-0.68
Oranges (1 lb) 1.21 $ 0.97-1.45
Tomato (1 lb) 0.48 $ 0.29-0.66
Potato (1 lb) 0.29 $ 0.24-0.39
Onion (1 lb) 0.43 $ 0.31-0.77
Lettuce (1 head) 0.97 $ 0.16-1.37
Water (1.5 liter bottle) 0.38 $ 0.21-0.64
Bottle of Wine (Mid-Range) 10.67 $ 7.47-25.60
Domestic Beer (0.5 liter bottle) 2.21 $ 1.07-2.77
Imported Beer (12 oz small bottle) 2.91 $ 1.71-4.27
Cigarettes 20 Pack (Marlboro) 3.95 $ 3.73-4.59
Transportation
Edit
One-way Ticket (Local Transport) 0.43 $ 0.43-0.51
Monthly Pass (Regular Price) 10.67 $ 10.67-46.38
Taxi Start (Normal Tariff) 1.07 $ 0.64-1.92
Taxi 1 mile (Normal Tariff) 0.45 $ 0.34-1.72
Taxi 1hour Waiting (Normal Tariff) 6.40 $ 6.40-6.40
Gasoline (1 gallon) 1.67 $ 1.66-1.74
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 36,101.43 $ 35,200.00-36,266.67
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,140.69 $ 24,533.33-27,496.11
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 42.69 $ 26.04-69.33
Mobile Phone Monthly Plan with Calls and 10GB+ Data 8.67 $ 5.33-9.60
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.42 $ 21.33-42.67
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 27.12 $ 21.33-32.00
Tennis Court Rent (1 Hour on Weekend) 3.56 $ 2.13-5.33
Cinema, International Release, 1 Seat 3.84 $ 3.20-4.69
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 177.07 $ 128.00-320.00
International Primary School, Yearly for 1 Child 4,213.33 $ 3,200.00-8,533.33
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 64.00 $ 46.93-74.67
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.80 $ 21.33-42.67
1 Pair of Nike Running Shoes (Mid-Range) 66.13 $ 32.00-106.67
1 Pair of Men Leather Business Shoes 54.67 $ 36.27-192.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 450.67 $ 256.00-853.33
Apartment (1 bedroom) Outside of Centre 307.81 $ 213.33-384.00
Apartment (3 bedrooms) in City Centre 768.00 $ 512.00-1,280.00
Apartment (3 bedrooms) Outside of Centre 562.67 $ 426.67-1,066.67
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 173.73 $ 106.67-256.00
Price per Square Feet to Buy Apartment Outside of Centre 114.35 $ 79.28-170.67
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 886.52 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.73 3.00-4.50

Prices in Penang

This city had 402 entries in the past 12 months by 65 different contributors.
Last update: September 2023
Sources and References
Distribution of Expenses Using Our Statistical Model:
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5 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
Will.Jennifer on Apr 12, 2020:
The reason why people have a mouth and two ears is because they listen twice as much as they say
CS on Nov 26, 2019:
If you like to jog or hike or surrounded by greenery, we have Penang hill (many long and short tracks), botanical garden, and youth park. These kind of places don't cause you a single cent.
Anonymous on Nov 26, 2019:
For transportation we now have the convenient of using e-hailing services such as Grab, Mula, MyCar.