Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Penang

For one person, living is cheaper in Penang: $913 a month against $2,210 in Lisbon, rent and utilities included – about $15,600 less a year. Rent and utilities account for most of the difference.

Lisbon, Portugal
Penang, Malaysia
Lisbon
🇵🇹 Portugal
$2,210
/mo nomad
Penang
🇲🇾 Malaysia
$913
/mo nomad
Monthly Cost of Living

How much you'll spend in Lisbon and in Penang

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Lisbon and in Penang actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,210 in Lisbon versus $913 in Penang.

  • Lisbon $2,210
  • Penang $913

Estimated couple costs with rent: $3,275 in Lisbon versus $1,403 in Penang.

  • Lisbon $3,275
  • Penang $1,403

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $1,894 in Penang.

  • Lisbon $4,341
  • Penang $1,894

Living in Lisbon is roughly 142% more expensive than in Penang, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Lisbon is 62% above, Penang is 33% below.

Currency
🍽 Eating Out
Lisbon
Penang
Difference
Meal at Budget Restaurant
$16.65 €14.95
$3.73 MYR 15.18
346.38%
Three-Course Dinner for Two, Mid-Range
$61.7 €55.5
$19.91 MYR 81.1
210.10%
Fast Food Meal (McDonalds, etc)
$11.36 €10.20
$4.78 MYR 19.47
137.66%
Cappuccino
$2.97 €2.67
$2.98 MYR 12.15
-0.34%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.29 €2.06
$0.75 MYR 3.07
205.33%
Water (0.33 liter bottle)
$1.74 €1.56
$0.37 MYR 1.50
370.27%
Local Beer (0.5 liter draught)
$3.40 €3.06
$4.06 MYR 16.55
-16.26%
Imported Beer (0.33 liter bottle)
$3.31 €2.97
$4.38 MYR 17.83
-24.43%
🛒 Groceries & Markets
Lisbon
Penang
Difference
Milk (1 liter)
$1.16 €1.04
$1.86 MYR 7.60
-37.63%
White Bread (500g)
$1.91 €1.72
$1.08 MYR 4.41
76.85%
Rice (white) (1kg)
$1.51 €1.36
$1.76 MYR 7.19
-14.20%
Eggs
$4.02 €3.61
$2.22 MYR 9.04
81.08%
Local Cheese (1kg)
$12.94 €11.62
$13.46 MYR 54.9
-3.86%
Chicken Fillets (1kg)
$7.77 €6.98
$4.45 MYR 18.13
74.61%
Beef Round Steak (1kg)
$17.76 €15.95
$8.70 MYR 35.45
104.14%
Apples (1kg)
$2.30 €2.07
$2.92 MYR 11.89
-21.23%
Banana (1kg)
$1.73 €1.56
$1.65 MYR 6.72
4.85%
Oranges (1kg)
$1.86 €1.67
$2.61 MYR 10.63
-28.74%
Tomato (1kg)
$2.59 €2.33
$1.40 MYR 5.70
85.00%
Potato (1kg)
$1.82 €1.64
$1.05 MYR 4.28
73.33%
Onion (1kg)
$1.97 €1.77
$1.12 MYR 4.55
75.89%
Lettuce (1 head)
$1.47 €1.32
$1.10 MYR 4.47
33.64%
Water (1.5 liter bottle)
$0.72 €0.65
$0.59 MYR 2.39
22.03%
Cigarettes 20 Pack (Marlboro, Camel)
$6.58 €5.91
$4.69 MYR 19.09
40.30%
Wine (Bottle)
$5.61 €5.04
$19.31 MYR 78.7
-70.95%
Local Beer (0.5 liter bottle)
$1.36 €1.22
$3.00 MYR 12.24
-54.67%
Imported Beer (0.33 liter bottle)
$2.14 €1.92
$5.41 MYR 22.04
-60.44%
🚌 Getting Around
Lisbon
Penang
Difference
One-way Ticket (Public Transport)
$2.33 €2.10
$0.50 MYR 2.04
366.00%
Public Transport Monthly Pass (Regular Price)
$44.68 €40.14
$12.03 MYR 49.00
271.40%
Taxi Start (Normal Tariff)
$3.85 €3.46
$1.66 MYR 6.78
131.93%
Taxi (Normal Tariff) (1km)
$1.07 €0.96
$0.38 MYR 1.54
181.58%
Taxi 1hour Waiting (Normal Tariff)
$16.46 €14.79
$7.47 MYR 30.44
120.35%
Gasoline (1 liter)
$2.20 €1.98
$0.95 MYR 3.85
131.58%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.2K €30.7K
$44.2K MYR 180.1K
-22.63%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$38.7K €34.8K
$35.8K MYR 145.7K
8.29%
🧾 Monthly Utilities & Internet
Lisbon
Penang
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$161 €145
$36.68 MYR 149
339.53%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$18.41 €16.54
$9.56 MYR 38.94
92.57%
Internet (50+ Mbps, Unlimited Data)
$32.74 €29.41
$29.49 MYR 120
11.02%
🎉 Sport & Entertainment
Lisbon
Penang
Difference
Gym Membership (Monthly)
$44.55 €40.02
$39.20 MYR 160
13.65%
Tennis Court (1 Hour on Weekend)
$19.10 €17.16
$4.85 MYR 19.78
293.81%
Cinema Ticket
$9.60 €8.62
$4.78 MYR 19.47
100.84%
🧸 Childcare & Education
Lisbon
Penang
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$668 €600
$398 MYR 1,620
67.89%
International Primary School, 1 Child (Yearly)
$17.6K €15.8K
$10.6K MYR 43.2K
66.10%
👕👟 Clothing & Footwear
Lisbon
Penang
Difference
Jeans (Levis 501 Or Similar)
$102 €91.6
$60.9 MYR 248
67.41%
Summer Dress (H&M, Zara, etc)
$44.46 €39.94
$35.45 MYR 144
25.42%
Sport Shoes (Adidas, Nike)
$98.5 €88.5
$83.6 MYR 340
17.89%
Men's Leather Business Shoes
$124 €111
$70.2 MYR 286
76.24%
🏠 Accommodation & Living
Lisbon
Penang
Difference
1-bedroom Apartment, City Center (Monthly)
$1,608 €1,445
$408 MYR 1,662
294.23%
1-bedroom Apartment, Outside City Center (Monthly)
$1,190 €1,069
$287 MYR 1,170
314.41%
3-bedroom Apartment, City Center (Monthly)
$2,812 €2,526
$698 MYR 2,842
303.18%
3-bedroom Apartment, Outside City Center (Monthly)
$2,013 €1,808
$534 MYR 2,176
276.94%
Buy Apartment in City Center (m2)
$7,839 €7,042
$2,117 MYR 8,624
270.38%
Buy Apartment Outside City Center (m2)
$4,576 €4,110
$1,261 MYR 5,137
262.93%
💵 Salaries & Financials
Lisbon
Penang
Difference
Average Monthly Net Salary (After Tax)
$1,575 €1,415
$931 MYR 3,795
69.10%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.85
4.04
-4.70%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Lisbon: October 27, 2026

Last update for Penang: October 26, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Lisbon
$1.2K
Penang
$287 75.9% $903
Groceries & Markets
Lisbon
$272
Penang
$257 5.5% $15
Eating Out
Lisbon
$243
Penang
$113 53.2% $129
Monthly Utilities & Internet
Lisbon
$212
Penang
$76 64.3% $137
Clothing & Footwear
Lisbon
$166
Penang
$113 32.2% $53
Sport & Entertainment
Lisbon
$64
Penang
$49 23.5% $15
Getting Around
Lisbon
$63
Penang
$18 72.2% $46

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $408 in Penang. Housing cost is often the main lever when comparing two cities.

Lisbon pays 69% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $62 in Lisbon vs $20 in Penang for a mid-range dinner for two. Groceries echo the gap at $272 vs $257 per month, with Penang cheaper across the board.

Good to know
🇵🇹 Lisbon
🇲🇾 Penang
🕒 Local time
21:07 9:07 PM
05:07 5:07 AM
8 h ahead of Lisbon
🌤 Weather
👥 Population
545,923 Capital
158,336
💱 Currency
Euro EUR €
Exchange rates and currency converter

MYR, USD to EUR – Euro Converter

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

Malaysian Ringgit exchange rates as of October 28, 2026: 1 USD = 4.07 MYR (1 MYR = 0.245 USD). 1 EUR = 4.54 MYR (1 MYR = 0.22 EUR).

On the map
Between locations
  • Lisbon Penang 11,290 km ≈ 15 h nonstop flight
From you
  • Lisbon
  • Penang

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Lisbon vs Penang: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Lisbon and in Penang?
Total monthly costs including rent come to $2,210 in Lisbon and $913 in Penang, so Penang is about 59% cheaper – a gap that matters a lot on a fixed or modest income.
Which city pays better: Lisbon or Penang?
Average pay runs 69% higher in Lisbon, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Lisbon and in Penang?
Rent for a central apartment: $1,608 in Lisbon versus $408 in Penang. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Lisbon and Penang?
Childcare runs $668 in Lisbon versus $398 in Penang. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper grocery shopping?
Supermarket bills run roughly 6% higher in Lisbon. For households that cook at home regularly, that difference adds up over a month.
How does quality of life compare between Lisbon and Penang?
Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.
Is Lisbon or Penang safer for residents?
Safety-wise, Lisbon and Penang are both considered safe, so it’s unlikely to be the deciding factor between them.
Where should expats move: Lisbon or Penang?
Expats usually find Penang gentler on the wallet – expenses run 59% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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