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: $869 in Penang versus $919 in Labuan.
🙂Estimated couple costs with rent: $1,385 in Penang versus $1,411 in Labuan.
🙂Monthly costs for a family of three with rent: $1,901 in Penang versus $1,902 in Labuan.
🙂Living in Penang costs roughly 5% less than in Labuan, driven mainly by Groceries & Markets.
📊Both cities sit below the global median: Penang35% lower, Labuan32% lower.
Currency
🍽 Eating Out
Penang
Labuan
Difference
Meal at Budget Restaurant
$3.04MYR 12.34
$5.23MYR 21.21
-41.87%
Three-Course Dinner for Two, Mid-Range
$21.59MYR 87.5
$23.49MYR 95.3
-8.09%
Fast Food Meal(McDonalds, etc)
$4.33MYR 17.57
$6.41MYR 26.00
-32.45%
Cappuccino
$2.94MYR 11.90
$3.75MYR 15.20
-21.60%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.68MYR 2.78
$1.03MYR 4.19
-33.98%
Water(0.33 liter bottle)
$0.36MYR 1.48
$0.43MYR 1.73
-16.28%
Local Beer(0.5 liter draught)
$4.40MYR 17.85
$3.45MYR 14.01
27.54%
Imported Beer(0.33 liter bottle)
$4.46MYR 18.10
$4.81MYR 19.50
-7.28%
🛒 Groceries & Markets
Penang
Labuan
Difference
Milk(1 liter)
$1.81MYR 7.32
$1.62MYR 6.56
11.73%
White Bread(500g)
$0.99MYR 4.00
$0.93MYR 3.78
6.45%
Rice(white)(1kg)
$2.03MYR 8.21
$1.25MYR 5.05
62.40%
Eggs
$2.13MYR 8.65
$2.06MYR 8.33
3.40%
Local Cheese(1kg)
$17.36MYR 70.4
$15.16MYR 61.5
14.51%
Chicken Fillets(1kg)
$5.21MYR 21.12
$4.41MYR 17.87
18.14%
Beef Round Steak(1kg)
$15.08MYR 61.1
$9.56MYR 38.75
57.74%
Apples(1kg)
$2.87MYR 11.66
$2.89MYR 11.71
-0.69%
Banana(1kg)
$1.47MYR 5.96
$1.45MYR 5.86
1.38%
Oranges(1kg)
$2.57MYR 10.43
$2.59MYR 10.49
-0.77%
Tomato(1kg)
$2.11MYR 8.57
$1.38MYR 5.60
52.90%
Potato(1kg)
$1.18MYR 4.79
$1.23MYR 4.97
-4.07%
Onion(1kg)
$1.16MYR 4.71
$1.33MYR 5.40
-12.78%
Lettuce(1 head)
$0.95MYR 3.87
$1.05MYR 4.24
-9.52%
Water(1.5 liter bottle)
$0.49MYR 1.97
$0.52MYR 2.09
-5.77%
Cigarettes 20 Pack(Marlboro, Camel)
$4.36MYR 17.68
$4.26MYR 17.28
2.35%
Wine(Bottle)
$19.63MYR 79.6
$18.78MYR 76.2
4.53%
Local Beer(0.5 liter bottle)
$2.62MYR 10.61
$2.76MYR 11.18
-5.07%
Imported Beer(0.33 liter bottle)
$3.40MYR 13.80
$2.97MYR 12.03
14.48%
🚌 Getting Around
Penang
Labuan
Difference
One-way Ticket(Public Transport)
$0.45MYR 1.82
$0.73MYR 2.97
-38.36%
Public Transport Monthly Pass(Regular Price)
$17.40MYR 70.6
$11.84MYR 48.02
46.96%
Taxi Start(Normal Tariff)
$0.69MYR 2.80
$1.20MYR 4.88
-42.50%
Taxi(Normal Tariff)(1km)
$0.54MYR 2.21
$1.03MYR 4.19
-47.57%
Taxi 1hour Waiting(Normal Tariff)
$7.20MYR 29.19
$5.91MYR 23.98
21.83%
Gasoline(1 liter)
$0.47MYR 1.89
$0.50MYR 2.03
-6.00%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$32.9KMYR 133.5K
$35.7KMYR 144.6K
-7.70%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$27.3KMYR 110.6K
$31.4KMYR 127.3K
-13.12%
🧾 Monthly Utilities & Internet
Penang
Labuan
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$38.60MYR 157
$43.07MYR 175
-10.38%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$10.06MYR 40.79
$9.16MYR 37.16
9.83%
Internet(50+ Mbps, Unlimited Data)
$31.44MYR 127
$28.91MYR 117
8.75%
🎉 Sport & Entertainment
Penang
Labuan
Difference
Gym Membership(Monthly)
$33.04MYR 134
$37.49MYR 152
-11.87%
Tennis Court(1 Hour on Weekend)
$5.42MYR 21.97
$5.79MYR 23.47
-6.39%
Cinema Ticket
$4.91MYR 19.90
$4.98MYR 20.20
-1.41%
🧸 Childcare & Education
Penang
Labuan
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$238MYR 963
$186MYR 754
27.77%
International Primary School, 1 Child(Yearly)
$6,198MYR 25.1K
$7,044MYR 28.6K
-12.01%
👕👟 Clothing & Footwear
Penang
Labuan
Difference
Jeans(Levis 501 Or Similar)
$54.6MYR 221
$59.8MYR 242
-8.70%
Summer Dress(H&M, Zara, etc)
$28.39MYR 115
$27.77MYR 113
2.23%
Sport Shoes(Adidas, Nike)
$60.5MYR 245
$74.0MYR 300
-18.33%
Men's Leather Business Shoes
$53.5MYR 217
$50.9MYR 206
5.01%
🏠 Accommodation & Living
Penang
Labuan
Difference
1-bedroom Apartment, City Center(Monthly)
$387MYR 1,569
$381MYR 1,544
1.58%
1-bedroom Apartment, Outside City Center(Monthly)
$230MYR 933
$265MYR 1,074
-13.15%
3-bedroom Apartment, City Center(Monthly)
$640MYR 2,597
$637MYR 2,582
0.55%
3-bedroom Apartment, Outside City Center(Monthly)
$525MYR 2,131
$481MYR 1,949
9.35%
Buy Apartment in City Center(m2)
$2,250MYR 9,123
$2,009MYR 8,147
11.98%
Buy Apartment Outside City Center(m2)
$1,186MYR 4,807
$967MYR 3,922
22.57%
💵 Salaries & Financials
Penang
Labuan
Difference
Average Monthly Net Salary(After Tax)
$951MYR 3,858
$365MYR 1,481
160.52%
20-Year Fixed Mortgage Interest Rate(Annual %)
4.16
4.07
2.21%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Penang: June 8, 2026
Last update for Labuan: June 7, 2026
Cost Breakdown
🏠A one-bedroom apartment in the center runs $387 in Penang and $381 in Labuan. Housing cost is often the main lever when comparing two cities.
💰Penang pays 161% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.
🛒Dining out: $22.00 in Penang vs $23.00 in Labuan. Groceries flip the comparison at $287 vs $249, with Labuan cheaper for home cooking.
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 Eating Out, Clothing & Footwear, Sport & Entertainment. The 6% gap adds up to real monthly savings that compound significantly over time.
Where can you earn more: Penang or Labuan?
Penang pays 161% more on average, 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: $387 in Penang versus $381 in Labuan. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper kindergarten?
Childcare runs $238 in Penang versus $186 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 Labuan?
Shoppers in Labuan pay roughly 15% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.
Is $1,000 enough for either Penang or Labuan?
Either city works on $1,000 a month, though Penang gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.
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 6% less than in Labuan. Beyond cost, consider language, visa policies, and how big the international community is in each city.