Which is cheaper, what exactly is cheaper, and how it feels on your money ยท Updated October 2026
Both cities are about equally easy to travel. Closer to 1 is easier. Difficulty ranking โบ
| Item | Malacca | Penang | Cheaper |
|---|---|---|---|
| Local mealper person | RM 11$2.56 | RM 12$2.79 | Malacca โ8% |
| Street food1 item | RM 8$1.86 | RM 8$1.86 | similar |
| Restaurant dinnerper person | RM 40$9.3 | RM 45$10.5 | Malacca โ11% |
| Coffeeone cup | RM 10$2.33 | RM 12$2.79 | Malacca โ17% |
| Beerone bottle | RM 18$4.19 | RM 17$3.95 | Penang โ6% |
| Cocktail & wineone cup | RM 30$6.98 | RM 35$8.14 | Malacca โ14% |
| Bottled water | RM 1.6$0.37 | RM 1.5$0.35 | Penang โ6% |
| Convenience store1 snack or drink | RM 3$0.7 | RM 3$0.7 | similar |
| Taxi5 km in town | RM 10$2.33 | RM 12$2.79 | Malacca โ17% |
| Tuk-tuk / moto taxishort hop | RM 8$1.86 | RM 7$1.63 | Penang โ12% |
| Transitone ride | RM 1$0.23 | RM 2$0.47 | Malacca โ50% |
| Scooter rentalper day | RM 40$9.3 | RM 40$9.3 | similar |
| Hotel night3-star | RM 170$39.5 | RM 170$39.5 | similar |
| Studio rent (month) | RM 1,150$267 | RM 1,500$349 | Malacca โ23% |
| Laundry | RM 12$2.79 | RM 6$1.4 | Penang โ50% |
| SIM card1 week data | RM 35$8.14 | RM 25$5.81 | Penang โ29% |
| Haircutcut | RM 18$4.19 | RM 18$4.19 | similar |
| Massage1 hour | RM 70$16.3 | RM 70$16.3 | similar |
| Half-day tourper person | RM 80$18.6 | RM 120$27.9 | Malacca โ33% |
| Entry ticketTourist town | RM 25$5.81 | RM 30$6.98 | Malacca โ17% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
Malacca is 7% cheaper than Penang. Daily budget $68.3 vs $72.2; a month $1,206 vs $1,320.
About the same: Malacca 2.0/5, Penang 2.0/5 (average of rip-offs, language, transport, payments and safety).
With a short-term studio and living costs, Malacca is about $1,206 and Penang about $1,320 per month.
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.