Cost of Living Comparison Between Penang and LabuanCost of Living Comparison Between Penang and Labuan
Monthly Cost of Living
🙂Monthly costs for one person with rent: $837 in Penang versus $976 in Labuan.
🙂Estimated couple costs with rent: $1,307 in Penang versus $1,496 in Labuan.
🙂Monthly costs for a family of three with rent: $1,776 in Penang versus $2,016 in Labuan.
🌍Living in Penang costs roughly 14% less than in Labuan, driven mainly by Eating Out.
📊Both cities sit below the global median: Penang39% lower, Labuan29% lower.
Currency
🍽 Eating Out
Penang
Labuan
Difference
Meal at Budget Restaurant
$3.72MYR 15.19
$5.49MYR 22.41
-32.24%
Three-Course Dinner for Two, Mid-Range
$19.77MYR 80.7
$25.04MYR 102
-21.05%
Fast Food Meal(McDonalds, etc)
$4.57MYR 18.66
$6.84MYR 27.92
-33.19%
Cappuccino
$2.98MYR 12.14
$3.99MYR 16.28
-25.31%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.74MYR 3.00
$1.07MYR 4.37
-30.84%
Water(0.33 liter bottle)
$0.37MYR 1.49
$0.42MYR 1.69
-11.90%
Local Beer(0.5 liter draught)
$4.30MYR 17.54
$4.11MYR 16.77
4.62%
Imported Beer(0.33 liter bottle)
$4.53MYR 18.47
$3.77MYR 15.37
20.16%
🛒 Groceries & Markets
Penang
Labuan
Difference
Milk(1 liter)
$1.80MYR 7.35
$1.77MYR 7.23
1.69%
White Bread(500g)
$1.06MYR 4.31
$1.09MYR 4.45
-2.75%
Rice(white)(1kg)
$1.72MYR 7.02
$1.43MYR 5.84
20.28%
Eggs
$2.14MYR 8.73
$1.91MYR 7.78
12.04%
Local Cheese(1kg)
$13.06MYR 53.3
$16.99MYR 69.3
-23.13%
Chicken Fillets(1kg)
$4.32MYR 17.62
$4.54MYR 18.50
-4.85%
Beef Round Steak(1kg)
$8.52MYR 34.76
$9.91MYR 40.43
-14.03%
Apples(1kg)
$2.93MYR 11.95
$3.11MYR 12.71
-5.79%
Banana(1kg)
$1.66MYR 6.76
$1.84MYR 7.49
-9.78%
Oranges(1kg)
$2.57MYR 10.48
$2.38MYR 9.71
7.98%
Tomato(1kg)
$1.46MYR 5.97
$1.39MYR 5.66
5.04%
Potato(1kg)
$1.11MYR 4.54
$1.34MYR 5.48
-17.16%
Onion(1kg)
$1.16MYR 4.74
$1.22MYR 4.97
-4.92%
Lettuce(1 head)
$1.14MYR 4.66
$1.14MYR 4.66
-
Water(1.5 liter bottle)
$0.54MYR 2.21
$0.53MYR 2.15
1.89%
Cigarettes 20 Pack(Marlboro, Camel)
$4.74MYR 19.32
$4.65MYR 18.98
1.94%
Wine(Bottle)
$18.98MYR 77.5
$21.54MYR 87.9
-11.88%
Local Beer(0.5 liter bottle)
$3.01MYR 12.30
$2.53MYR 10.32
18.97%
Imported Beer(0.33 liter bottle)
$3.98MYR 16.23
$3.39MYR 13.81
17.40%
🚌 Getting Around
Penang
Labuan
Difference
One-way Ticket(Public Transport)
$0.50MYR 2.04
$0.84MYR 3.45
-40.48%
Public Transport Monthly Pass(Regular Price)
$12.18MYR 49.69
$13.20MYR 53.9
-7.73%
Taxi Start(Normal Tariff)
$1.73MYR 7.06
$1.41MYR 5.77
22.70%
Taxi(Normal Tariff)(1km)
$0.38MYR 1.55
$0.50MYR 2.02
-24.00%
Taxi 1hour Waiting(Normal Tariff)
$7.46MYR 30.45
$7.83MYR 31.96
-4.73%
Gasoline(1 liter)
$0.87MYR 3.56
$0.78MYR 3.18
11.54%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$41.9KMYR 171.1K
$43.6KMYR 178.0K
-3.85%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.9KMYR 142.2K
$31.3KMYR 127.5K
11.53%
🧾 Monthly Utilities & Internet
Penang
Labuan
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$36.65MYR 150
$50.1MYR 204
-26.88%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$9.91MYR 40.44
$9.61MYR 39.18
3.12%
Internet(50+ Mbps, Unlimited Data)
$29.71MYR 121
$28.20MYR 115
5.35%
🎉 Sport & Entertainment
Penang
Labuan
Difference
Gym Membership(Monthly)
$39.12MYR 160
$43.96MYR 179
-11.01%
Tennis Court(1 Hour on Weekend)
$4.82MYR 19.65
$6.76MYR 27.58
-28.70%
Cinema Ticket
$5.22MYR 21.29
$4.46MYR 18.21
17.04%
🧸 Childcare & Education
Penang
Labuan
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$432MYR 1,762
$194MYR 790
123.15%
International Primary School, 1 Child(Yearly)
$10.6KMYR 43.3K
$4,758MYR 19.4K
122.97%
👕👟 Clothing & Footwear
Penang
Labuan
Difference
Jeans(Levis 501 Or Similar)
$59.3MYR 242
$60.6MYR 247
-2.18%
Summer Dress(H&M, Zara, etc)
$35.89MYR 146
$34.51MYR 141
4.00%
Sport Shoes(Adidas, Nike)
$83.0MYR 339
$80.3MYR 328
3.41%
Men's Leather Business Shoes
$71.4MYR 291
$72.1MYR 294
-0.96%
🏠 Accommodation & Living
Penang
Labuan
Difference
1-bedroom Apartment, City Center(Monthly)
$409MYR 1,669
$452MYR 1,845
-9.52%
1-bedroom Apartment, Outside City Center(Monthly)
$228MYR 931
$311MYR 1,270
-26.69%
3-bedroom Apartment, City Center(Monthly)
$583MYR 2,379
$701MYR 2,858
-16.77%
3-bedroom Apartment, Outside City Center(Monthly)
$414MYR 1,689
$521MYR 2,124
-20.48%
Buy Apartment in City Center(m2)
$2,244MYR 9,156
$1,900MYR 7,751
18.13%
Buy Apartment Outside City Center(m2)
$1,058MYR 4,317
$1,043MYR 4,255
1.46%
💵 Salaries & Financials
Penang
Labuan
Difference
Average Monthly Net Salary(After Tax)
$914MYR 3,728
$375MYR 1,531
143.46%
20-Year Fixed Mortgage Interest Rate(Annual %)
4.24
4.2
0.95%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Penang: September 14, 2026
Last update for Labuan: September 14, 2026
Cost Breakdown
🏠A one-bedroom apartment in the center runs $409 in Penang and $452 in Labuan. Housing cost is often the main lever when comparing two cities.
💰Penang pays 143% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.
🛒Dining out: $20.00 in Penang vs $25.00 in Labuan for a mid-range dinner for two. Groceries echo the gap at $250 vs $268 per month, with Penang cheaper across the board.
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 Labuan: Cost of Living - Frequently Asked Questions
Is Labuan cheaper than Penang?
Penang is cheaper overall, especially in Groceries & Markets, Eating Out, Sport & Entertainment, Getting Around. The 17% gap adds up to real monthly savings that compound significantly over time.
Where can you earn more: Penang or Labuan?
Average pay runs 143% higher in Penang, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
What is the rent difference between Penang and Labuan?
Rent for a central apartment: $409 in Penang versus $452 in Labuan. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper kindergarten?
Childcare runs $432 in Penang versus $194 in Labuan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
How do food prices compare in Penang and in Labuan?
Supermarket bills run roughly 7% higher in Labuan. For households that cook at home regularly, that difference adds up over a month.
Is $1,500 a realistic budget for living in Penang or in Labuan?
At $837 in Penang versus $976 in Labuan, a $1,500 budget is realistic in Penang but tight or insufficient in Labuan. The gap between the two cities makes Penang the clear choice for anyone on this budget.
Is Penang or Labuan more family-friendly?
For families, Penang is more practical. Housing and childcare are both notably cheaper than in Labuan, and the savings on those two alone free up budget for education, activities, and family trips.
Which city is safer, Penang or Labuan?
Safety-wise, Penang and Labuan are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Which city is easier to live in as a foreigner?
Expats usually find Penang gentler on the wallet – expenses run 17% less than in Labuan. Beyond cost, consider language, visa policies, and how big the international community is in each city.