Location Factors

Penang

The location factor for Penang (Malaysia) is 0.64, based on local living costs.

This means a RM149,922 per year salary would roughly be compareable to €60,000 in Berlin (Germany).
If you would have to pay full taxes in Germany, this amount would rise to RM172,530.

You can also start a calculation based on Penang.

Name Penang
🇲🇾
Malaysia
Chosen Factor 0.64 0.74* 0.71 0.81*
Market Rates unavailable 0.43 0.49*
Consumer Price Index 0.59 0.67* 0.60 0.69*
Rent Index* 0.34 0.39* 0.49 0.57*
Consumer Price Plus Rent Index 0.52 0.60* 0.58 0.66*
Groceries Index 0.64 0.74* 0.71 0.81*
Restaurant Price Index* 0.40 0.47* 0.35 0.40*
Local Purchasing Power Index* 0.81 0.93* 0.66 0.76*
Buffer Location Bracket* D or C C
Currency Malaysian Ringgit (MYR)
Income Tax* 0% to 26%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on PayScale. Living costs based on Numbeo.

Other locations in Malaysia

City Factor Based On
Johor Baharu 0.64 0.73* Living Costs
Kota Kinabalu 0.84 0.97* Living Costs
Kuala Lumpur 0.72 0.83* Living Costs
Petaling Jaya 0.78 0.90* Living Costs
create calculation* If taxes paid in Germany instead.