Travel Budget for Penang Visit Penang on a Budget or Travel in Style

Penang, Negeri Pulau Pinang, Malaysia
Asia / Malaysia /
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Penang is a cultural destination known for its beauty, culture, food, and exciting activities. In this travel cost guide, we'll cover everything you need to know to plan your travel budget and have an amazing trip without spending too much. This guide includes average trip costs from previous travelers, typical hotel prices, food and dining costs, entertainment and sightseeing prices, and information about transportation.

How much does it cost to travel to Penang?

You should plan to spend around $137 (RM607) per day on your vacation in Penang. This is the average daily price based on the expenses of other visitors.

Past travelers have spent, on average for one day:

  • $61 (RM271) on meals
  • $13 (RM59) on local transportation
  • $104 (RM463) on hotels

A one week trip to Penang for two people costs, on average, $1,912 (RM8,498). This includes accommodation, food, local transportation, and sightseeing.

All of these average travel prices have been collected from other travelers to help you plan your own travel budget.

  • Average Daily Cost Per person, per day
    $137
    RM607
  • One Week Per person
    $956
    RM4,249
  • 2 Weeks Per person
    $1,912
    RM8,498
  • One Month Per person
    $4,097
    RM18,210
  • One Week For a couple
    $1,912
    RM8,498
  • 2 Weeks For a couple
    $3,824
    RM16,996
  • One Month For a couple
    $8,193
    RM36,420
This data comes from the travel budgets of real travelers - How it works. Put these numbers on your website.


How much does a one week, two week, or one month trip to Penang cost?

A one week trip to Penang usually costs around $956 (RM4,249) for one person and $1,912 (RM8,498) for two people. This includes accommodation, food, local transportation, and sightseeing.

A two week trip to Penang on average costs around $1,912 (RM8,498) for one person and $3,824 (RM16,996) for two people. This cost includes accommodation, food, local transportation, and sightseeing.

Please note, prices can vary based on your travel style, speed, and other variables. If you're traveling as a family of three or four people, the price per person often goes down because kid's tickets are cheaper and hotel rooms can be shared. If you travel slower over a longer period of time then your daily budget will also go down. Two people traveling together for one month in Penang will often have a lower daily budget per person than one person traveling alone for one week.

A one month trip to Penang on average costs around $4,097 (RM18,210) for one person and $8,193 (RM36,420) for two people. The more places you visit, the higher the daily price will become due to increased transportation costs.




Is Penang expensive to visit?

Penang is a quaint locale that appeals to a variety of visitors, each with different travel styles, spending patterns, and budget needs. Visitors can find a range of options for accommodation from high-end luxury hotels to mid-range places to budget-friendly hostels.

Penang can definitely get expensive if you let it, but you have options to reduce costs, including looking for discounts and coupons.

On average, budget travelers spend $52 (RM229) per day, mid-range travelers spend $138 (RM607) per day, and luxury travelers spend around $385 (RM1,689) per day. These costs are calculated from the expenses of previous travelers to Penang.

Within Asia, Penang is a somewhat more expensive destination compared to other places. It is in the top 25% of cities in Asia for its travel costs. While some cities in the region are more expensive, Penang is generally more expensive than most.

For more details, and to find out if it's within your travel budget, see Is Penang Expensive?

How much money do I need for a trip to Penang?

The average Penang trip cost is broken down by category here for independent travelers. All of these Penang travel prices are calculated from the budgets of real travelers. Also, you can see more details at How much does a trip to Penang cost?

Penang on a Budget
Category Budget Mid-Range Luxury
Accommodation 1
For 1 person in double occupancy 		$19
(RM87) 		$52
(RM231) 		$148
(RM656)
Local Transportation 1 $5
(RM22) 		$13
(RM59) 		$38
(RM168)
Food 2 $23
(RM102) 		$61
(RM271) 		$172
(RM763)
Entertainment 1 $21
(RM94) 		$52
(RM232) 		$125
(RM557)
Alcohol 2 $4-11
(RM16-48) 		$8-25
(RM37-110) 		$16-47
(RM70-210)

Realistic Expectations for Your Travel Budget

Having realistic expectations about your travel budget in Penang is important. While you might think you can save money by cutting expenses, traveling comfortably requires a bit more spending for most people. Think about your favorite vacation activities and ideal travel style. Staying in a resort or comfortable hotel, along with sightseeing and dining out are generally what many people prefer. Your travel preferences will determine how much you'll end up spending on your trip.

What Does It Mean to Be a Budget Traveler?

You may believe you're traveling on a budget, but unless you're ready to give up some conveniences, you'll likely spend much more than the $52 daily average that backpackers get away with.

Younger budget travelers often stick to this low budget by staying in dorms, eating inexpensive meals, taking public transportation, and focusing on free activities and sights.

Luckily, Penang offers plenty of hostels, including House of Journey, The Frame Guesthouse, and EZ Social Hostel. Staying at hostels like these means you can enjoy affordable dorm accommodation along with a lively social vibe, though amenities might be minimal.

What Makes You an Average Traveler?

For couples or families traveling for enjoyment, opting for a mid-range hotel, dining at popular restaurants, and exploring major museums and attractions with entry fees is likely. When visiting Penang, most people will want to check out the major attractions, museums, and iconic landmarks. Remember, many activities do come with costs. So, you should realistically expect your daily budget to be around $138 per person, per day.

In Penang, you'll find a broad range of hotels and vacation rentals. If traveling with companions, you can share accommodations with a partner, friend, or your children, helping to cut costs. Families will want to look for hotels and restaurants that are kid-friendly. Hotel 19 Penang is a fantastic option for families, and Campbell House is also a great pick. Explore more family and couple-oriented hotels in our hotel guide for Penang here.

Seeking a Stylish Getaway from the Daily Routine?

If you're looking for a complete getaway that features every luxury and a high level of service, plan on a cost of about $385 daily. To enjoy nicer hotels, dine at award-winning venues, indulge in extravagant experiences, and travel around the destination with taxis or private drivers, you'll need to set aside a luxury budget. Many luxury travelers also enjoy unique experiences such as Chef Samuel's Private Malaysian Cooking Class with Wet Market Tour - offered by Viator.

Accommodation Budget in Penang

The cost of hotels in Penang can be surprisingly wide-ranging. Some hotels charge a lot more because they offer extra luxury and amenities. Prices are also much higher during peak season. Off-season rooms average $42, but the demand in peak season pushes that average to around $78. Budget hotels range from $18 to $207, and hostels provide a cheaper option, especially in dorms. Booking early, traveling off-season, or finding special deals can help save money.

Average Daily Costs

Calculated from travelers like you

The average price paid in Penang for two people for a typical double-occupancy hotel room is $104 (RM463). For one person sharing a room, the average price paid for a hotel room is $52 (RM231) per night. These costs are from the reported spending of actual travelers.

  • Accommodation1 Hotel or hostel for one person
    $52
    RM231
  • Accommodation1 Typical double-occupancy room
    $104
    RM463

Hotels in Penang

Looking for a hotel in Penang? Prices vary by location, date, season, and the level of luxury. See below for options.

Find the best hotel for your travel style.

Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world.



Actual Hotel Prices in Penang

The average hotel room price in Penang based on data provided by Kayak for actual hotel rooms is $42 in the low season and $78 in the peak season. Below are the average prices for each budget category. (Prices in U.S. Dollars, before taxes & fees.)

The most affordable highest rated hotels in Penang include:

  • Campbell House starting at $60
  • Seven Terraces starting at $109
  • Cheong Fatt Tze - The Blue Mansion starting at $106
  • The Edison George Town starting at $94
  • 23 Love Lane Hotel starting at $85
Tips to Save Money on Accommodation in Penang

Choosing to travel in the shoulder or low season and avoiding will help you save on lodging costs and escape the tourist rush.


Recommended Properties


Transportation Budget in Penang

Unfortunately, Penang does not have a reliable public transit network.

Average Daily Costs

Calculated from travelers like you

  • On average, past travelers have spent $13 (RM59) per person, per day, on local transportation in Penang. The cost of a taxi ride or rideshare service (Uber/Lyft) in Penang is significantly more than public transportation.

  • Transportation1 Taxis, local buses, subway, etc.
    $13
    RM59

Some of the standard hotel transfers and transport options include:

  • Private Transfer : Penang International Airport Departure for $13 details
  • Penang Airport (PEN) to Penang Island - Arrival Private Transfer for $38 details
  • Private Departure Transfer : Penang International Airport for $18 details

Recommended Services


Flights to Penang
How much does it cost to go to Penang? Naturally, it depends on the dates. We recommend Kayak because they can find the best deals across all airlines.

Rental Cars in Penang
The price of renting a car in Penang will depends on dates, the type of car, the location, and your age. We recommend Kayak because they can find the best deals across all car rental companies.


What did other people spend on Transportation in Penang?

The typical transit costs in Penang are outlined below, based on data from actual travelers. These figures provide an estimate of overall transportation expenses in the city. Remember, your personal costs will depend on how you choose to get around, as taxis and hired cars tend to be much pricier than using public transportation.


  • Local Bus
    RM6.00
  • Island Ferry
    RM2.40
  • Bus From Airport to George Town
    RM2.70
  • Taxi From Airport to George Town
    RM46
  • Motorbike Rental (One Day)
    RM30
  • Bicycle Rental (One Day)
    RM10


Food Budget in Penang

One of the biggest draws for travelers is the food, so be sure to savor the local flavors.

Average Daily Costs

Calculated from travelers like you

  • While restaurant and meal prices in Penang can vary significantly, the average cost of food in Penang is $61 (RM271) per day, per person, based on the spending habits of previous travelers.

  • Food2 Meals for one day
    $61
    RM271

When dining out, the average daily cost for food in Penang is around $62 (RM271) per person, with previous travelers spending from $23 to $174. Generally, breakfast and lunch cost less than dinner, but this will depend on the type of restaurant and what you order.

Typical meal prices in Penang are as follows:

  • Breakfast: $6 to $19
  • Lunch: $9 to $25
  • Dinner: $19 to $43
  • Coffee: $5
  • Fast Food or Street Food: $9

Penang is the kind of place where when you ask the locals for the best place to eat, they'll tell you the best place to eat. While in many other regions of the world you'd have to worry they're just trying to scam a tourist, the Malaysians genuinely know the best foodie spots and are willing to share them, no matter where they are.

In George Town, visit Little India for some great hole-in-the-wall Indian restaurants.

While visiting you have to be sure to try the iconic asam laksa. This is sweet, sour, and spicy fish-based noodle soup is served with mint and cucumber and is certainly not to be missed.

Food & Dining Tips

Many accommodations feature breakfast in their rates, while some may charge additional fees for it. The cost and quality can vary significantly from one hotel to another. Knowing this information ahead of time helps you decide if you need to spend extra money. A tasty hotel buffet could be worth the expense, or a nearby bakery or cafe might offer a more affordable choice.

Carry a reusable water bottle with you to avoid spending on drinks. It's also a win for the environment.

When planning a tour, don't forget to look into which meals are covered. You may be responsible for some of your own food, which could impact your budget significantly.

Taking a food tour or cooking class is a great way to experience the culture in Penang. After all, cuisine is one of the reasons why so many people visit. A few of the best culinary activities here include:

  • Good Morning Penang Food Tour with 15+ Tastings for $45 details
  • Food Tour at Penang - Eat Like a Local, Feel Like a Local for $120 details
  • Penang Food Tour - Georgetown for $62 details

Recommended

What did other people spend on food and dining in Penang?

Listed below are typical food prices in Penang, based on the actual spending of previous travelers. These figures provide an estimate of what you might expect to pay for meals. However, your personal expenses will depend on your dining preferences, the restaurants you choose, and what you decide to order.


  • Snack
    RM8.00
  • Dinner at The Suffolk House (for 2)
    RM342
  • Lunch at Sakae Sushi (for 2)
    RM290
  • Lassy Juice
    RM7.00
  • Dinner for 2
    RM15
  • Street Stall Food
    RM2.80
  • Casual Lunch (for Two)
    RM19
  • Italian Lunch (for Two)
    RM48


Sightseeing and Activities Budget in Penang

Average Daily Costs

Calculated from travelers like you

  • Sightseeing activities, entertainment, and entrance tickets in Penang typically cost an average of $52 (RM232) per person, per day based on the spending of previous travelers. This includes fees paid for admission tickets to museums and attractions, day tours, and other sightseeing expenses.

  • Entertainment1 Entrance tickets, shows, etc.
    $52
    RM232

For a good overview of the island, take a funicular ride to the top of Penang Hill for a stunning view and a breath of fresh air. It only takes five minutes to reach the top of this 2,750-foot hill, and it's completely worth it.

Because of the city's historical past, there are some wonderful colonial buildings around town. Some of the more popular include Cheong Fatt Tze Mansion, Municipal Council of Pulau Pinang Hall, Fort Cornwallis, and Leong San Tong Khoo Kongsi. If you're interested in doing some shopping, there are some great neighborhoods around town to explore. Definitely be sure and check out Little India and the Little Penang Street Market. There are some great shopping malls around town as well such as the Bukit Jambul Complex, Gurney Plaza, and One-Stop Midlands Park.

To learn a little more about this island's multi-cultural history, visit the Penang State Museum. Located in a former school from the 1800s, this museum gives a great overview and background of Penang's history, architecture and diverse population.

If you're looking for a more lively way to immerse yourself in the local culture, spend some time at the China House. The stunning refurbished area of the warehouse district is 10,000 square feet of food, drinks, shopping and, on weekends, there is live local music. It's worth a stroll even just to see the gorgeous, weathered design including exposed beams and cement floors.

And of course, for those interested in simply seeing a beautiful beach, there's the Taman Negara Pulau Pinang. This 3,100-acre stretch of jungle beach is a unique spot to unwind and get away.



For those seeking a bit more of an outdoorsy adventure, there is plenty to be found in Penang National Park. With trails winding through jungle territory, you can wander through the natural beauties of Malaysia. Camping is also an option, with the right permits.

There are also biking trails, if cycling is more your style. Most begin at the visitor's center in Balik Pulau and cover areas of the island far from George Town. These guided tours offer a vastly different experience than the one you'll find in the metropolitan city.

Don't forget about the underwater adventures. Arrange to spend a day snorkeling at the Pulau Payar Marine Park and get friendly with Malaysia's fish. Arranged tours are available and recommended.

Local tours that last a few hours can be a great way to explore Penang. Prices vary by the type of activity or tour, the dates, and the size of the group. Here are a few of the highest rated tours by previous visitors:

  • Countryside Cycling Tour by Matahari for $92 details
  • Penang City & Temple Tour with Penang Hill(Fast Lane) & Kek Lok Si for $84 details
  • Penang Full-Day Private Customizable Tour with Pick Up for $150 details

Recommended Activities

What did other people spend on sightseeing in Penang?

Below are a few common prices for sightseeing and activity entry fees in Penang, all of which are based on the reports of previous travelers. These figures should give you a rough estimate of what you can expect to pay. Keep in mind, though, your costs will vary depending on the activities you choose and whether you take advantage of free or budget-friendly options.


  • Butterfly Gardens
    RM31
  • Trishaw Tour (One Hour)
    RM30
  • Fort Cornwallis Entrance
    RM2.00
  • Leong San Tong Khoo Kongsi Entrance
    RM10


Nightlife Budget in Penang

Average Daily Costs

Calculated from travelers like you

  • The average person spends about $17 (RM74) on nightlife and alcoholic beverages in Penang per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.

  • Alcohol2 Drinks for one day
    $17
    RM74
Nightlife Tips

Exploring the nightlife is often a fun part of any trip, but skipping a few drinks can make a big impact on your overall travel cost.


What did other people spend on Alcohol in Penang?

Below are some common prices for alcohol and nightlife in Penang, based on actual traveler experiences. While these numbers offer an idea of what you might spend, your costs will vary depending on how often you drink and the amount you order. If you're aiming to save money, cutting back on alcohol is a great way to lower your travel expenses.


  • Beer
    RM8.00


Budgeting and Travel Tips for Penang

  • In , prices tend to soar, and the destination gets pretty packed. If you want to save money and enjoy a quieter experience, plan your visit for the shoulder or low seasons.
  • Taking it easy while traveling can help you save some cash, letting you appreciate the area's beauty without the stress. If you rush through your days with nonstop activities, you'll end up spending more. Slowing down often leads to a more enjoyable trip and less money spent.

Budgeting Challenges

  • Public transportation is quite scarce in Penang. It may be beneficial to arrange a form of transport in advance, like a private car or tour. Keep in mind that this could impact your budget in other ways.
  • Penang isn't the best place for hostels, so if you're aiming for a budget dorm, you might want to rethink your plans. Checking for cheap hotels or apartment rentals is a better alternative.
Expert Advice from Local Travelers

We're asking our community members and registered users to contribute their experiences about Penang.

What makes Penang a budget-friendly destination? Or not?

I loved the restaurant options here with all of the local flavors. It was an amazing mix of Malay and Indian food, and all of it was really cheap. Also there's loads of cheaper hotels around if you are looking for somewhere to stay on a budget. We found a clean place that was in the center of the town perfect for exploring everything.

Keith
-
Mar 4 2024

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Full of tropical beauty, fishing villages and mountainous jungles, Penang is a paradise for travelers from all over the world – even with a warm and humid climate.



Neighborhoods & Around

The state of Penang is divided into two sections. There is the turtle-shaped Penang Island located in the Straits of Malacca. Then, there is the rectangle shaped district on the mainland known as Sebarang Perai.

George Town is at the northeastern corner of the island, and home to the ferry docks. From the docks, most places in George Town are within walking distance, including Little India. Most of the eastern coastline of the island is developed, although the better beaches are on the western, northern, and southern side.

The airport is at the southeastern corner of the island.

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We've been gathering travel costs from tens of thousands of actual travelers since 2010, and we use the data to calculate average daily travel costs for destinations around the world. We also systematically analyze the prices of hotels, hostels, and tours from travel providers such as Kayak, HostelWorld, TourRadar, Viator, and others. This combination of expenses from actual travelers, combined with pricing data from major travel companies, gives us a uniqe insight into the overall cost of travel for thousands of cities in countries around the world. You can see more here: How it Works.



1 Categories averaged on a per-item basis.
2 Categories averaged on a per-day basis.
For example, the Food2 daily average is for all meals for an entire day, while Entertainment1 is for each individual purchase. Thus, the overall daily average cost is not a summation of the individual categories.


Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.
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