Cost of Living Comparison Between Penang and Da NangCost of Living Comparison Between Penang and Da Nang
Monthly Cost of Living
🙂A single person spends $859 per month in Penang vs $874 in Da Nang, rent included.
🙂A couple spends around $1,322 per month in Penang vs $1,402 in Da Nang, rent included.
🙂A family of three spends $1,786 per month in Penang vs $1,930 in Da Nang, rent included.
🙂Penang is about 2% cheaper than Da Nang, driven mainly by Groceries & Markets.
📊Both Penang and Da Nang are more affordable than the global median – Penang37% lower, Da Nang36% lower.
Currency
🍽 Eating Out
Penang
Da Nang
Difference
Meal at Budget Restaurant
$3.75MYR 15.15
$2.33₫60.8K
60.94%
Three-Course Dinner for Two, Mid-Range
$19.54MYR 79.0
$19.42₫506.4K
0.62%
Fast Food Meal(McDonalds, etc)
$4.75MYR 19.22
$4.46₫116.3K
6.50%
Cappuccino
$3.07MYR 12.41
$1.72₫44.9K
78.49%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.73MYR 2.96
$0.68₫17.8K
7.35%
Water(0.33 liter bottle)
$0.37MYR 1.49
$0.34₫8,933
8.82%
Local Beer(0.5 liter draught)
$4.17MYR 16.85
$1.30₫33.9K
220.77%
Imported Beer(0.33 liter bottle)
$4.41MYR 17.84
$2.36₫61.6K
86.86%
🛒 Groceries & Markets
Penang
Da Nang
Difference
Milk(1 liter)
$1.82MYR 7.35
$1.54₫40.2K
18.18%
White Bread(500g)
$1.06MYR 4.27
$1.22₫31.9K
-13.11%
Rice(white)(1kg)
$1.80MYR 7.28
$1.06₫27.6K
69.81%
Eggs
$2.21MYR 8.92
$1.52₫39.7K
45.39%
Local Cheese(1kg)
$13.29MYR 53.7
$12.97₫338.0K
2.47%
Chicken Fillets(1kg)
$4.53MYR 18.31
$4.05₫105.7K
11.85%
Beef Round Steak(1kg)
$8.86MYR 35.80
$9.27₫241.8K
-4.42%
Apples(1kg)
$2.92MYR 11.81
$2.69₫70.2K
8.55%
Banana(1kg)
$1.69MYR 6.83
$1.11₫28.9K
52.25%
Oranges(1kg)
$2.60MYR 10.49
$1.33₫34.6K
95.49%
Tomato(1kg)
$1.48MYR 5.99
$1.38₫35.9K
7.25%
Potato(1kg)
$1.07MYR 4.32
$1.09₫28.5K
-1.83%
Onion(1kg)
$1.11MYR 4.48
$1.21₫31.6K
-8.26%
Lettuce(1 head)
$1.11MYR 4.49
$1.03₫26.9K
7.77%
Water(1.5 liter bottle)
$0.54MYR 2.17
$0.52₫13.6K
3.85%
Cigarettes 20 Pack(Marlboro, Camel)
$4.54MYR 18.37
$1.55₫40.5K
192.90%
Wine(Bottle)
$19.01MYR 76.9
$7.71₫201.1K
146.56%
Local Beer(0.5 liter bottle)
$3.01MYR 12.18
$0.90₫23.6K
234.44%
Imported Beer(0.33 liter bottle)
$4.13MYR 16.68
$2.14₫55.8K
92.99%
🚌 Getting Around
Penang
Da Nang
Difference
One-way Ticket(Public Transport)
$0.48MYR 1.94
$0.32₫8,222
50.00%
Public Transport Monthly Pass(Regular Price)
$12.59MYR 50.9
$5.07₫132.1K
148.32%
Taxi Start(Normal Tariff)
$1.76MYR 7.13
$1.03₫26.9K
70.87%
Taxi(Normal Tariff)(1km)
$0.42MYR 1.68
$0.65₫17.0K
-35.38%
Taxi 1hour Waiting(Normal Tariff)
$7.59MYR 30.67
$19.08₫497.3K
-60.22%
Gasoline(1 liter)
$0.87MYR 3.53
$0.85₫22.2K
2.35%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$43.1KMYR 174.1K
$30.7K₫801.3M
40.13%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.8KMYR 140.6K
$27.6K₫718.3M
26.23%
🧾 Monthly Utilities & Internet
Penang
Da Nang
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$38.08MYR 154
$88.0₫2.3M
-56.73%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$10.06MYR 40.66
$6.28₫163.7K
60.19%
Internet(50+ Mbps, Unlimited Data)
$29.46MYR 119
$7.91₫206.3K
272.44%
🎉 Sport & Entertainment
Penang
Da Nang
Difference
Gym Membership(Monthly)
$38.74MYR 157
$22.18₫578.3K
74.66%
Tennis Court(1 Hour on Weekend)
$4.90MYR 19.80
$5.30₫138.2K
-7.55%
Cinema Ticket
$5.10MYR 20.62
$3.02₫78.7K
68.87%
🧸 Childcare & Education
Penang
Da Nang
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$438MYR 1,770
$161₫4.2M
172.60%
International Primary School, 1 Child(Yearly)
$10.7KMYR 43.2K
$15.1K₫394.3M
-29.35%
👕👟 Clothing & Footwear
Penang
Da Nang
Difference
Jeans(Levis 501 Or Similar)
$61.4MYR 248
$46.10₫1.2M
33.08%
Summer Dress(H&M, Zara, etc)
$35.89MYR 145
$27.21₫709.3K
31.90%
Sport Shoes(Adidas, Nike)
$85.1MYR 344
$103₫2.7M
-16.97%
Men's Leather Business Shoes
$69.6MYR 281
$81.7₫2.1M
-14.87%
🏠 Accommodation & Living
Penang
Da Nang
Difference
1-bedroom Apartment, City Center(Monthly)
$409MYR 1,654
$529₫13.8M
-22.69%
1-bedroom Apartment, Outside City Center(Monthly)
$237MYR 959
$346₫9.0M
-31.40%
3-bedroom Apartment, City Center(Monthly)
$573MYR 2,316
$1,037₫27.0M
-44.77%
3-bedroom Apartment, Outside City Center(Monthly)
$418MYR 1,692
$809₫21.1M
-48.30%
Buy Apartment in City Center(m2)
$2,246MYR 9,081
$3,809₫99.3M
-41.04%
Buy Apartment Outside City Center(m2)
$1,081MYR 4,369
$1,312₫34.2M
-17.67%
💵 Salaries & Financials
Penang
Da Nang
Difference
Average Monthly Net Salary(After Tax)
$928MYR 3,750
$350₫9.1M
165.36%
20-Year Fixed Mortgage Interest Rate(Annual %)
4.24
10.72
-60.45%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Penang: September 1, 2026
Last update for Da Nang: August 30, 2026
Cost Breakdown
🏠A central one-bedroom costs $409 in Penang versus $529 in Da Nang. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.
💰Salaries run about 165% higher in Penang, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.
🛒A mid-range dinner for two costs $20.00 in Penang versus $19.00 in Da Nang. Monthly groceries follow the same trend: $254 vs $198 – making Da Nang the more affordable choice for daily food spending.
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
Penang vs Da Nang: Cost of Living - Frequently Asked Questions
How do living costs in Penang and in Da Nang compare overall?
Monthly costs with rent: $859 in Penang, $874 in Da Nang – roughly 2% apart. Da Nang costs more across the board, with Groceries & Markets showing the biggest gap.
What salary covers living expenses in Penang compared to Da Nang?
For a comfortable life, plan on about $1,289 per month in Penang and $1,311 in Da Nang. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Penang and Da Nang?
Rent is clearly cheaper in Penang, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper grocery shopping?
Interestingly, groceries are about 29% cheaper in Da Nang – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Which city has cheaper restaurants?
A mid-range dinner for two costs $20.00 in Penang and $19.00 in Da Nang. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How far does $1,000 go in Penang compared to Da Nang?
$1,000 covers both cities comfortably – all-in costs are $859 in Penang and $874 in Da Nang, leaving budget for savings and extras in both cases.
How does quality of life compare between Penang and Da Nang?
It depends on your priorities. Da Nang has an edge in some lifestyle areas, with costs from $859 in Penang to $874 in Da Nang. Climate, culture, job market, and personal taste all factor in.
Is Penang or Da Nang safer for residents?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
How do I decide between Penang and Da Nang?
If budget matters most, go with Penang. If higher salaries, better infrastructure, or specific career opportunities are the priority, Da Nang makes more sense. Both are solid long-term options with distinct trade-offs.