Comparing Penang, Malaysia and Da Nang, Vietnam: a moderate single-person monthly budget is approximately $1,212 in Penang versus $783 in Da Nang. Da Nang is roughly 35% cheaper overall. Central 1-bed rent: $562/mo (Penang) vs $490/mo (Da Nang). The totals use the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Key facts
▸Moderate budget: $1,212/mo in Penangsingle person — city-centre rent + modeled non-housing categories.
▸Moderate budget: $783/mo in Da Nangsingle person — like-for-like city-centre basket.
▸Central 1-bed rent$562/mo in Penang · $490/mo in Da Nang.
▸Cheaper overall: Da Nang~35% cheaper than Penang.
▸SourceWorld Bank ICP + national statistics + item-level price snapshots · CC BY 4.0.
Monthly Budget Comparison
Lifestyle
🇲🇾 Penang
🇻🇳 Da Nang
Difference
Budget
$850/mo
$550/mo
-35%
Moderate
$1,212/mo
$783/mo
-35%
Comfortable
$1,800/mo
$1,150/mo
-36%
The Moderate row equals the category table below: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending. Budget and Comfortable scale that same basket.
Cost Breakdown by Category
Category
🇲🇾 Penang
🇻🇳 Da Nang
Diff
Housing (1-bed, center)
$562/mo
$490/mo
-13%
Groceries & Food
$200/mo
$90/mo
-55%
Dining Out
$100/mo
$45/mo
-55%
Transport
$100/mo
$45/mo
-55%
Utilities & Internet
$100/mo
$45/mo
-55%
Healthcare
$80/mo
$36/mo
-55%
Leisure & Personal
$70/mo
$32/mo
-54%
Category sum = Moderate budget. Basis: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Housing (1-bed, center)
Penang
$562
Da Nang
$490
Groceries & Food
Penang
$200
Da Nang
$90
Dining Out
Penang
$100
Da Nang
$45
Transport
Penang
$100
Da Nang
$45
Utilities & Internet
Penang
$100
Da Nang
$45
Healthcare
Penang
$80
Da Nang
$36
Leisure & Personal
Penang
$70
Da Nang
$32
Detailed Price Comparison
Sources: DOSM (Malaysia), World Bank / GSO (Vietnam), World Bank. Updated Jan 2026.
Da Nang is approximately 35% cheaper than Penang overall.
How much does it cost to live in Penang per month?
A moderate monthly budget for a single person in Penang is approximately $1,212 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
How much does it cost to live in Da Nang per month?
A moderate monthly budget for a single person in Da Nang is approximately $783 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
What is the rent difference between Penang and Da Nang?
A 1-bedroom apartment in the city center costs around $562/month in Penang and $490/month in Da Nang.