Retire in Penang Malaysiaby Steve Sovie My choice if where to retire is Malaysia. The photo on the right is the view from my apartment balcony. The main reasons I retired here are
The Cost of Retiring in MalaysiaI will try to give you some cost comparisons between living in Penang, Malaysia and my former home in Boston, MA, USA. Cost of HousingI purchased a 3 bedroom condo with a sea view and pool for the equivalent of $130,000. Checking the Boston real estate ads for similar properties, I find the average asking price of $500,000.Medical CostA visit to the doctor here is about $16. Back home with health insurance and copay it is $20. My employee sponsored health insurance cost me about $100 a month. I recently visited a doctor for bronchitis. The cost of the visit with nebulizer treatment was $16, plus $7 for antibiotics and other medication. A visit to a modern dental office for a filling and x-ray cost $20.The Water BillMy water bill is about $0.85 a month compared to about $30 a month in Boston.Electrical CostsMy satellite TV with premium channels costs $47 a month compared to $87 in Boston. Electricity in Boston ran me about $60 a month. Here with AC on all night, 2 fans, washer and dryer, 2 computers and all kinds of electrical equipment, I pay about $50 a month.Heating CostsIn Boston I paid $140 a month for heat, here $0.Eating OutMost people here eat out at local food courts. I pay between $1.50 and $5 for each meal.So you can live quite cheaply here unless you demand a very elaborate lffestyle. If you need more information let me know. Return from Retire in Penang, Malaysia to Best Place to Retire ©2011 Steve Sobie Used by permission New! CommentsHave your say about what you just read! Leave me a comment in the box below. |
