Cost of Living in Penang
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£711
Average cost per month
Distribution of Expenses
Cost of living breakdown for Penang
You can expect to spend around £711 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.
Housing
Standard of Living
Food & Drink
Penang average costs for food and drink.
Salary & Services
Penang average salaries and services.
Average living costs in Malaysia
| Item | Average price | Price range |
|---|---|---|
| 1 Bedroom Apartment in City CentreRent Per Month | £308.26 | £186.34 - £380.13 |
| 1 Bedroom Apartment Outside of CentreRent Per Month | £177.25 | £102.48 - £242.24 |
| 3 Bedroom Apartment in City CentreRent Per Month | £434.87 | £279.51 - £665.23 |
| 3 Bedroom Apartment Outside of CentreRent Per Month | £359.26 | £223.61 - £559.01 |
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Frequently asked questions
The cost of living in Penang depends on your lifestyle. On average, a single person needs £403 per month without rent, while a family of four requires £1,458. Renting a 1-bedroom apartment in the city centre costs an additional £308 on average.
Public transport prices vary, but generally, a one-way ticket for local transport in Penang costs £0.37. If you are commuting regularly, a monthly pass is typically priced at £9.
The average monthly net salary (after tax) in Penang is currently £705.
Dining costs depend on your choices. A meal at an inexpensive restaurant in Penang costs approximately £3, while a three-course meal for two people at a mid-range restaurant costs around £15.
The estimated monthly cost of living in Penang for a single person is £403, excluding rent.
For a family of four living in Penang, the estimated monthly costs are £1,458, not including rent.
Rent prices in Penang depend on the area. The average monthly rent for a 1-bedroom apartment in the city centre is £308, compared to £177 outside the centre. For a 3-bedroom apartment, the average is £435 in the centre and £359 in suburban areas.
Basic utilities in Penang (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of £28 per month. Internet access typically adds another £23.