Cost of Living in Penang, Malaysia

Last updated on Feb 11, 2022

Summary: What is the cost of living in Penang, Malaysia? Hear what expats, digital nomads and retirees living in Penang have to say about the cost of housing, health insurance and general living costs.

Is the cost of living in Penang high?

We asked people how much they someone comfortably live on in Penang, they wrote:

"In Penang you can easily live for under $800. Our budget was over that but 1/5 the cost of living in Newport Beach, Ca or Maui and a better lifestyle," remarked another in Tojong Tokong, Penang Island.

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Will I save money living in Penang?

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Guide to Living in Penang, Malaysia
Penang, Malaysia: Cost of Living, Healthcare and What to Know About Living in Penang

Malaysia Forum
Join our Malaysia forum to meet other people living in Penang, Malaysia.

Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Penang.

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Expats in Malaysia recommend that newcomers talk to friends and learn about the best hospitals, clinics and doctors in their area before a medical emergency arises. Plus, obtaining expat health insurance is recommended.

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A retired expat couple who have lived all over the world in their quest to find the best place to retire talks about their time in Penang, Malaysia. They enjoyed the low cost of living, quality of medical care, great restaurants and nightlife. They only negative in their view were the beaches, which were not as nice as others in SE Asia.

International Health Insurance

Get a quote for health insurance from our partner, Allianz Care.
Get a Quote

International Health Insurance

Get a quote for health insurance from our partner, Allianz Care.
Get a Quote

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Cost of Living in Penang, Malaysia

Is the cost of living in Penang high?

Will I save money living in Penang?

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