Cost of Living in Penang, Malaysia
Penang is Malaysia's food capital and a UNESCO World Heritage site. George Town offers colonial charm, incredible hawker food, and very affordable living.
Cost Breakdown
| Category | Monthly Cost (USD) |
|---|---|
| 1BR Apartment (City Center) | $400 |
| 1BR Apartment (Outside Center) | $250 |
| Inexpensive Restaurant Meal | $2 |
| Mid-Range Restaurant (2 people) | $8 |
| Monthly Transit Pass | $20 |
| Utilities (Electricity, Water, etc.) | $45 |
| Internet (60 Mbps+) | $22 |
| Groceries (Monthly) | $120 |
| Total Estimated Monthly Cost | $667 |
Tips for Living in Penang
- Arguably the best street food in Southeast Asia
- George Town is walkable and bikeable
- MM2H visa program available
Planning to Move to Penang?
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Compare Penang With Other Cities
See how Penang stacks up against other popular destinations in southeast-asia and beyond.
Frequently Asked Questions
How much does it cost to live in Penang?
The estimated monthly cost of living in Penang is approximately $667 USD, including rent ($400 for a 1BR in city center), groceries ($120), utilities ($45), and a monthly transit pass ($20).
How much is rent in Penang?
Rent in Penang ranges from $250/month (outside city center) to $400/month (city center) for a one-bedroom apartment.
Is Penang safe to live in?
Penang has a safety index of 72/100. It is considered a relatively safe city for expats and tourists.
What is the average salary in Penang?
The average monthly net salary in Penang is approximately $800 USD. Cost of living at ~$667/month means the ratio is favorable for locals.