2.4% below the Malaysia average
Ranked #464 of 546 cities · More expensive than 15% of cities worldwide
Compared to Malaysia average
Rent Prices
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | MYR 978/mo ≈ $239 | MYR 734/mo ≈ $179 | 25% |
| 3-Bedroom | MYR 1,702/mo ≈ $416 | MYR 1,277/mo ≈ $312 | 25% |
Penang is average by global standards (ranked #464 of 546 cities). It is 2.4% cheaper than the Malaysia average, based on 3 cities.
Groceries are average, while dining out is average. Groceries offers the best value, while Rent is the priciest.
Local purchasing power is limited — residents can afford fewer goods and services than in most cities.
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