Moving from Wilmington to Penang (2026)

Penang has a COL index of 44 vs 93 for Wilmington (100 = US average). You'd pay about 53% less for the same lifestyle.

Save ~$1,371/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
93 โ†’ 44
100 = US avg
1BR rent
$1,550 โ†’ $460
per month
State tax
4.5% โ†’ None
income tax
COL difference
93 โ†’ 44
53% cheaper

Salary needed in Penang to match your Wilmington lifestyle

Based on the 53% cost of living decrease between the two cities.

Your salary in WilmingtonEquivalent in Penang
$40K$18,710
$50K$23,387
$60K$28,065
$75K$35,081
$80K$37,419
$100K$46,774
$120K$56,129
$150K$70,161

Adjust your salary

Save ~$1,120/moon core expenses at $75K

Monthly budget at $75K โ€” Wilmington vs Penang

ExpenseWilmingtonPenang
Monthly take-home$4,459$4,741
1BR rent$1,550$460
Groceries$372$380
Transport$45$150
Utilities$158$55
Internet$62$22
Left after essentials$2,272$3,674

30-Year Wealth Builder

If you invest your monthly savings of $1,120 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$1,366,368

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

$1,120/mo invested

Frequently asked questions

Is Penang cheaper than Wilmington?

Yes. Penang has a cost of living index of 44 vs 93 for Wilmington (100 = US average). That's about 53% cheaper.

How much will I save moving from Wilmington to Penang?

On a $75K salary, moving from Wilmington to Penang saves roughly $1,371/month on core expenses. That's ~$16,452/year.

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

To maintain the same purchasing power as $75,000 in Wilmington, you'd need roughly $35,081/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