Moving from New Haven to Penang (2026)

Penang has a COL index of 44 vs 110 for New Haven (100 = US average). You'd pay about 60% less for the same lifestyle.

Save ~$1,778/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
110 โ†’ 44
100 = US avg
1BR rent
$1,800 โ†’ $460
per month
State tax
7% โ†’ None
income tax
COL difference
110 โ†’ 44
60% cheaper

Salary needed in Penang to match your New Haven lifestyle

Based on the 60% cost of living decrease between the two cities.

Your salary in New HavenEquivalent in Penang
$40K$15,818
$50K$19,773
$60K$23,727
$75K$29,659
$80K$31,636
$100K$39,545
$120K$47,455
$150K$59,318

Adjust your salary

Save ~$1,493/moon core expenses at $75K

Monthly budget at $75K โ€” New Haven vs Penang

ExpenseNew HavenPenang
Monthly take-home$4,303$4,741
1BR rent$1,800$460
Groceries$410$380
Transport$82$150
Utilities$198$55
Internet$70$22
Left after essentials$1,743$3,674

30-Year Wealth Builder

If you invest your monthly savings of $1,493 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$1,821,417

over 30 years compared to staying in New Haven โ€” that's the real price of a city.

$1,493/mo invested

Frequently asked questions

Is Penang cheaper than New Haven?

Yes. Penang has a cost of living index of 44 vs 110 for New Haven (100 = US average). That's about 60% cheaper.

How much will I save moving from New Haven to Penang?

On a $75K salary, moving from New Haven to Penang saves roughly $1,778/month on core expenses. That's ~$21,336/year.

What salary do I need in Penang to match my New Haven lifestyle?

To maintain the same purchasing power as $75,000 in New Haven, you'd need roughly $29,659/year in Penang. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only