Cost of Living in Penang

Summary of cost of living in Penang, Malaysia:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 2.51 $ 1.68-6.28
Meal for 2 People, Mid-range Restaurant, Three-course 18.84 $ 12.56-31.41
McMeal at McDonalds (or Equivalent Combo Meal) 3.77 $ 3.35-4.19
Domestic Beer (1 pint draught) 4.19 $ 3.14-6.28
Imported Beer (12 oz small bottle) 3.93 $ 3.14-6.28
Cappuccino (regular) 2.81 $ 1.49-3.14
Coke/Pepsi (12 oz small bottle) 0.69 $ 0.42-1.26
Water (12 oz small bottle) 0.41 $ 0.31-1.05
Markets
Edit
Milk (regular), (1 gallon) 5.84 $ 4.76-6.34
Loaf of Fresh White Bread (1 lb) 0.81 $ 0.57-1.33
Rice (white), (1 lb) 0.66 $ 0.25-0.99
Eggs (regular) (12) 1.76 $ 1.03-2.41
Local Cheese (1 lb) 6.36 $ 2.85-9.50
Chicken Fillets (1 lb) 2.06 $ 0.76-3.04
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.25 $ 2.37-9.50
Apples (1 lb) 1.10 $ 0.81-1.90
Banana (1 lb) 0.59 $ 0.38-0.66
Oranges (1 lb) 1.19 $ 0.95-1.42
Tomato (1 lb) 0.47 $ 0.28-0.65
Potato (1 lb) 0.28 $ 0.24-0.38
Onion (1 lb) 0.70 $ 0.28-1.04
Lettuce (1 head) 1.00 $ 0.63-1.34
Water (1.5 liter bottle) 0.45 $ 0.21-0.63
Bottle of Wine (Mid-Range) 10.47 $ 7.33-18.84
Domestic Beer (0.5 liter bottle) 2.37 $ 1.44-2.72
Imported Beer (12 oz small bottle) 2.90 $ 2.09-4.19
Cigarettes 20 Pack (Marlboro) 3.87 $ 3.66-4.50
Transportation
Edit
One-way Ticket (Local Transport) 0.45 $ 0.42-0.63
Monthly Pass (Regular Price) 20.94 $ 10.47-45.52
Taxi Start (Normal Tariff) 1.05 $ 0.63-1.88
Taxi 1 mile (Normal Tariff) 0.34 $ 0.34-1.01
Taxi 1hour Waiting (Normal Tariff) 6.28 $ 6.28-6.28
Gasoline (1 gallon) 1.62 $ 1.62-1.64
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,990.10 $ 34,547.74-35,432.46
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,637.77 $ 24,078.73-26,986.60
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 37.90 $ 25.56-68.05
Mobile Phone Monthly Plan with Calls and 10GB+ Data 8.72 $ 5.23-12.56
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 24.45 $ 20.94-31.41
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 26.62 $ 20.94-31.41
Tennis Court Rent (1 Hour on Weekend) 3.49 $ 2.09-5.23
Cinema, International Release, 1 Seat 3.77 $ 3.14-5.23
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 185.82 $ 136.10-314.07
International Primary School, Yearly for 1 Child 4,135.26 $ 3,140.70-8,375.21
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.02 $ 20.94-73.28
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.57 $ 20.94-41.88
1 Pair of Nike Running Shoes (Mid-Range) 67.30 $ 35.59-104.69
1 Pair of Men Leather Business Shoes 49.47 $ 31.41-188.44
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 350.71 $ 209.38-837.52
Apartment (1 bedroom) Outside of Centre 284.16 $ 167.50-376.88
Apartment (3 bedrooms) in City Centre 675.25 $ 502.51-942.21
Apartment (3 bedrooms) Outside of Centre 499.90 $ 418.76-628.14
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 191.04 $ 155.62-251.25
Price per Square Feet to Buy Apartment Outside of Centre 140.60 $ 97.26-209.38
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 978.85 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.96 3.00-4.50

Prices in Penang

This city had 327 entries in the past 12 months by 49 different contributors.
Last update: April 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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3 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