🇲🇾 Malaysia · #453 of 538 cities · 2026

Should I Move to Penang?

66.4% cheaper to live here than in New York City.

Run the calculator below with your actual salary to get a personalised answer.

-66.4%
vs NYC
MYR 948
Estimated rent in
85.5
Purchasing Power
Moderate
Purchasing Power

Source: Numbeo · NYC = 100 baseline · Data verified Q1 2026

Personalised Answer

Compare your salary — move to Penang?

The numbers

Cost breakdown — Penang

Cost indices vs NYC = 100

Cost of Living
33.6 Very affordable
Rent
8.0 Very affordable
Groceries
42.5 Affordable
Restaurants
23.9 Very affordable
Purchasing Power
85.5 Moderate

Estimated rent in Penang

1-BR — City centre MYR 948/mo
1-BR — Outside centre MYR 711/mo
3-BR — City centre MYR 1,649/mo
Save by going outside centre ~25% cheaper

Estimated from rent index. Actual prices vary.

Similar options

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇲🇾 Kuching
Malaysia
CoL index 35.0
Compare Kuching vs Penang → →
🇲🇾 Kuala Lumpur
Malaysia
CoL index 38.1
Compare Kuala Lumpur vs Penang → →
🇹🇭 Hua Hin
Thailand
CoL index 33.7
Compare Hua Hin vs Penang → →

Ready to run the numbers?

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Compare salaries → → Full cost of living data

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