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Penang ranks 13th for affordability in 2024 long haul report

Penang Malaysia

Penang, Malaysia, shines as a budget-friendly destination in the 2024 Long Haul Report, blending culture, cuisine, and scenic beauty.

Penang, Malaysia, has secured the 13th spot in the 2024 Post Office Travel Money Long Haul Holiday Report, ranking among 32 global resorts and cities surveyed for affordability.

This recognition further strengthens Malaysia’s position as one of Southeast Asia‘s most compelling travel destinations, renowned for its rich cultural heritage, warm hospitality, and stunning natural beauty, combined with exceptional value.

From the bustling streets of Kuala Lumpur to the tranquil beaches of Langkawi, Malaysia offers a dynamic range of experiences. Among its top destinations, Penang stands out for its outstanding affordability, offering visitors the chance to explore the country’s vibrant culture and history without stretching their budget.

Penang blends affordability with diverse experiences, from mouthwatering street food to cultural landmarks, providing travellers with an enriching journey at every turn. With wallet-friendly dining options, reasonably priced beverages, and essential services, Penang offers an all-encompassing and enjoyable experience for holidaymakers, making it an ideal choice for those seeking value and adventure in 2025. Solo travellers, couples, and families alike can all find something to enjoy in Penang, which caters to a wide range of adventurers while ensuring a budget-friendly experience for all.

Penang, A Must-Visit Destination for 2025:

  • A Culinary Paradise – Known as the food capital of Malaysia, Penang is a dream destination for food lovers. Its world-famous street food, including dishes like char kway teow, laksa, and satay, is both delicious and incredibly affordable. Gurney Drive and local hawker centres offer the perfect opportunity to sample these delicacies.
  • Rich Cultural Heritage – Penang is a UNESCO World Heritage Site thanks to its historic George Town district. Visitors can explore beautifully preserved colonial-era architecture, vibrant street art, and temples that reflect the island’s multicultural identity. Must-visit sites include the Kek Lok Si Temple, Pinang Peranakan Mansion, and the famous Cheong Fatt Tze Blue Mansion.
  • Captivating Street Art and Scenic Landmarks – Jalan Kek Chuan, recently ranked 17th among the most beautiful streets in the world by House Beautiful magazine, is a must-see destination for art lovers and Instagram enthusiasts visiting Penang. Known for its striking blend of Eastern and Western architectural styles, this picturesque street is part of the George Town UNESCO World Heritage Site, offering visitors a visual feast of ornately detailed shops, vibrant murals, and colourful facades. The area has become a living canvas for renowned artists like Ernest Zacharevic, whose street art projects have transformed George Town’s historic streets into an open-air gallery.
  • Stunning Beaches and Natural Beauty – Penang features idyllic beaches such as Batu Ferringhi, where visitors can enjoy water sports, or relax by the turquoise sea. Nature enthusiasts can explore Penang National Park, hike up Penang Hill for stunning views, or visit the Butterfly Farm and Tropical Spice Garden.
  • Vibrant Festivals and Nightlife – Penang’s calendar is packed with festivals that showcase its diverse heritage, including the Thaipusam procession, Chinese New Year celebrations, and the George Town Festival. When the sun sets, vibrant night markets like Batu Ferringhi come alive, offering shopping, food, and entertainment.
  • Family-Friendly Attractions – From the interactive Wonderfood Museum to the exciting Escape Adventureplay theme park and the quirky Penang 3D Trick Art Museum, there’s something for everyone in Penang, making it an excellent choice for family holidays.

Key Barometer Costs in Penang

  • Coffee: £3.44
  • Local Lager: £3.44
  • Coca-Cola: £1.91
  • Glass of Wine: £8.60
  • Cocktail: £8.03
  • Small Chocolate Bar: £0.76
  • 5L Bottle of Mineral Water: £0.46
  • Suncream (SPF15): £11.94
  • Insect Repellent: £3.04
  • Three-Course Dinner for Two: £62.20

Whether you’re a foodie, culture enthusiast, beach lover, or adventurer, Penang offers a unique combination of affordability and unforgettable experiences.

Co-Founder & Managing Editor - TravelDailyNews Media Network | + Articles

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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