Penang, Malaysia
Cost of Living in Penang, Malaysia
Last updated on Feb 17, 2023
Summary: The cost of living in Penang, Malaysia is generally considered to be quite affordable. A nice 1 bedroom apartment in Penang can cost anywhere from $400 to $800 USD per month, while a nice 2 bedroom apartment can cost from $600 to $1,200 USD per month. A dinner at a moderately priced restaurant in Penang can cost anywhere from $10 to $20 USD per person.
Is the cost of living in Penang high?
We asked people how much they someone comfortably live on in Penang, they wrote:
"The cost of living in Penang is generally considered to be quite affordable. Groceries, transportation, and utilities are all relatively inexpensive, while rent and dining out can be slightly more expensive. Overall, Penang is a great place to live for those looking for a budget-friendly lifestyle," explained one expat.
"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," said one person in Tojong Tokong, Penang Island.
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About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
