Cost of Living Comparison Between Penang and Lisbon Cost of Living Comparison Between Penang and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $869 in Penang versus $2,263 in Lisbon.

Estimated couple costs with rent: $1,385 in Penang versus $3,315 in Lisbon.

Monthly costs for a family of three with rent: $1,901 in Penang versus $4,368 in Lisbon.

Living in Penang costs roughly 62% less than in Lisbon, driven mainly by Eating Out.

The two cities straddle the global median: Penang is 35% below, Lisbon is 68% above.

Meal at Budget Restaurant

$3.04 MYR 12.34

$15.94 €13.73

-80.93%

Three-Course Dinner for Two, Mid-Range

$21.59 MYR 87.5

$63.4 €54.6

-65.93%

Fast Food Meal (McDonalds, etc)

$4.33 MYR 17.57

$10.38 €8.95

-58.29%

Cappuccino

$2.94 MYR 11.90

$2.79 €2.40

5.38%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.68 MYR 2.78

$2.34 €2.01

-70.94%

Water (0.33 liter bottle)

$0.36 MYR 1.48

$1.57 €1.35

-77.07%

Local Beer (0.5 liter draught)

$4.40 MYR 17.85

$3.43 €2.95

28.28%

Imported Beer (0.33 liter bottle)

$4.46 MYR 18.10

$3.91 €3.37

14.07%

Milk (1 liter)

$1.81 MYR 7.32

$1.08 €0.93

67.59%

White Bread (500g)

$0.99 MYR 4.00

$1.77 €1.52

-44.07%

Rice (white) (1kg)

$2.03 MYR 8.21

$1.71 €1.47

18.71%

Eggs

$2.13 MYR 8.65

$3.15 €2.71

-32.38%

Local Cheese (1kg)

$17.36 MYR 70.4

$13.68 €11.79

26.90%

Chicken Fillets (1kg)

$5.21 MYR 21.12

$8.01 €6.90

-34.96%

Beef Round Steak (1kg)

$15.08 MYR 61.1

$15.52 €13.37

-2.84%

Apples (1kg)

$2.87 MYR 11.66

$2.29 €1.98

25.33%

Banana (1kg)

$1.47 MYR 5.96

$1.64 €1.41

-10.37%

Oranges (1kg)

$2.57 MYR 10.43

$1.94 €1.67

32.47%

Tomato (1kg)

$2.11 MYR 8.57

$2.51 €2.17

-15.94%

Potato (1kg)

$1.18 MYR 4.79

$1.79 €1.54

-34.08%

Onion (1kg)

$1.16 MYR 4.71

$2.01 €1.73

-42.29%

Lettuce (1 head)

$0.95 MYR 3.87

$1.97 €1.69

-51.78%

Water (1.5 liter bottle)

$0.49 MYR 1.97

$0.84 €0.73

-41.67%

Cigarettes 20 Pack (Marlboro, Camel)

$4.36 MYR 17.68

$6.79 €5.85

-35.79%

Wine (Bottle)

$19.63 MYR 79.6

$5.67 €4.89

246.21%

Local Beer (0.5 liter bottle)

$2.62 MYR 10.61

$1.39 €1.20

88.49%

Imported Beer (0.33 liter bottle)

$3.40 MYR 13.80

$3.02 €2.60

12.58%

One-way Ticket (Public Transport)

$0.45 MYR 1.82

$2.27 €1.95

-80.18%

Public Transport Monthly Pass (Regular Price)

$17.40 MYR 70.6

$45.44 €39.15

-61.71%

Taxi Start (Normal Tariff)

$0.69 MYR 2.80

$4.29 €3.70

-83.92%

Taxi (Normal Tariff) (1km)

$0.54 MYR 2.21

$0.85 €0.73

-36.47%

Taxi 1hour Waiting (Normal Tariff)

$7.20 MYR 29.19

$18.28 €15.75

-60.61%

Gasoline (1 liter)

$0.47 MYR 1.89

$1.99 €1.71

-76.38%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$32.9K MYR 133.5K

$35.0K €30.2K

-6.03%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$27.3K MYR 110.6K

$39.5K €34.1K

-31.05%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$38.60 MYR 157

$146 €126

-73.59%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$10.06 MYR 40.79

$20.45 €17.62

-50.81%

Internet (50+ Mbps, Unlimited Data)

$31.44 MYR 127

$38.98 €33.58

-19.34%

Gym Membership (Monthly)

$33.04 MYR 134

$48.98 €42.21

-32.54%

Tennis Court (1 Hour on Weekend)

$5.42 MYR 21.97

$18.83 €16.22

-71.22%

Cinema Ticket

$4.91 MYR 19.90

$9.52 €8.21

-48.42%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$238 MYR 963

$608 €524

-60.93%

International Primary School, 1 Child (Yearly)

$6,198 MYR 25.1K

$16.5K €14.2K

-62.46%

Jeans (Levis 501 Or Similar)

$54.6 MYR 221

$104 €89.5

-47.45%

Summer Dress (H&M, Zara, etc)

$28.39 MYR 115

$42.12 €36.29

-32.60%

Sport Shoes (Adidas, Nike)

$60.5 MYR 245

$92.2 €79.5

-34.45%

Men's Leather Business Shoes

$53.5 MYR 217

$120 €103

-55.45%

1-bedroom Apartment, City Center (Monthly)

$387 MYR 1,569

$1,621 €1,397

-76.14%

1-bedroom Apartment, Outside City Center (Monthly)

$230 MYR 933

$1,268 €1,092

-81.85%

3-bedroom Apartment, City Center (Monthly)

$640 MYR 2,597

$3,048 €2,626

-78.99%

3-bedroom Apartment, Outside City Center (Monthly)

$525 MYR 2,131

$2,009 €1,731

-73.84%

Buy Apartment in City Center (m2)

$2,250 MYR 9,123

$7,663 €6,602

-70.64%

Buy Apartment Outside City Center (m2)

$1,186 MYR 4,807

$4,329 €3,730

-72.61%

Average Monthly Net Salary (After Tax)

$951 MYR 3,858

$1,585 €1,366

-39.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.16

3.81

9.19%

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

Last update for Penang: June 8, 2026

Last update for Lisbon: June 8, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $387 in Penang and $1,621 in Lisbon. Housing cost is often the main lever when comparing two cities.

Lisbon pays 67% 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: $22.00 in Penang vs $63.0 in Lisbon. Groceries flip the comparison at $287 vs $269, with Lisbon 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 Lisbon: Cost of Living - Frequently Asked Questions

Penang and Lisbon differ by about 160% in total monthly costs ($869 vs $2,263 including rent). Penang is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, Lisbon earns 67% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $387 in Penang versus $1,621 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $238 in Penang versus $608 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Lisbon pay roughly 7% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $869 in Penang versus $2,263 in Lisbon, a $1,500 budget is realistic in Penang but tight or insufficient in Lisbon. The gap between the two cities makes Penang the clear choice for anyone on this budget.

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.

Safety-wise, Penang and Lisbon are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Penang gentler on the wallet – expenses run 160% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.