2.0% below the Malaysia average
Ranked #453 of 538 cities · More expensive than 15.8% of cities worldwide
Compared to Malaysia average
Rent Prices
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | MYR 948/mo ≈ $239 | MYR 711/mo ≈ $179 | 25% |
| 3-Bedroom | MYR 1,649/mo ≈ $416 | MYR 1,237/mo ≈ $312 | 25% |
Penang is average by global standards (ranked #453 of 538 cities). It is 2.0% cheaper than the Malaysia average, based on 3 cities.
Groceries are average, while dining out is average. Restaurants offers the best value, while Groceries is the priciest.
Local purchasing power is limited — residents can afford fewer goods and services than in most cities.
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