There are plenty of ways to make the most of your holiday without breaking the bank. While looking for destinations with a favorable exchange rate is a good start, it's also important to consider the cost of living in each place. Some of the most notoriously expensive cities around the world are surprisingly budget-friendly for travelers. So, don't rule them out just yet! Here are our top picks for affordable holiday destinations in 2024, with average prices for coffee, evening meals, and beer.
Tokyo, Japan
Tokyo has a reputation for being expensive, but it's also great at catering to travelers of every budget. You can find affordable accommodation in capsule hotels or enjoy a piping hot bowl of ramen for as little as £4. There is plenty to see and do in Tokyo without spending a fortune, from the bustling crossing at Shibuya to the serene Buddhist temple at Senso-ji.
Average prices: Coffee £1.80, evening meal £5.50, beer £3
Jerez de la Frontera, Spain
Home to sherry wines, Jerez de la Frontera is a vibrant Andalusian city that offers affordable prices compared to its more popular neighbor, Seville. You can enjoy a flight of five sherries with matching cheese and charcuterie for just €10 at Tabanco Plateros. Don't miss out on the menu del dia, a set lunch menu that usually costs around €15 for two courses plus wine.
Average prices: Coffee 90p, evening meal £12, beer £1.70
Turkey
Despite the struggles of the Turkish lira, it has gained ground against other currencies, making Turkey a great option for budget-conscious travelers. The Turquoise Coast resorts of Marmaris, Bodrum, and Dalyan offer beautiful beaches and a range of activities at affordable prices.
Average prices: Coffee £2, evening meal £6.50, beer £2.50
Lisbon, Portugal
Lisbon, the capital of Portugal, is known for its affordability. In fact, it topped the Post Office's Travel Money department's City Costs Barometer as the best-value European city. You can enjoy petiscos (small plates) such as octopus salad in numerous bars or dine in affordable restaurants serving traditional Portuguese cuisine.
Average prices: Coffee £1.50, evening meal £14, beer £2.50
Sri Lanka
Sri Lanka offers astounding value for money. With a struggling currency, you can find opulent hotels in Colombo with rooftop infinity pools for as little as £50 a night. Trains to the picturesque fort city of Galle cost around £5, and you can experience incredible wildlife and beautiful beaches without breaking the bank.
Average prices: Coffee £1, evening meal £4, beer £1
The Gambia
The Gambia may be Africa's smallest country, but it offers a lot to see and do. With stunning sandy beaches, wildlife cruises, and mysterious stone circles, there's something for everyone. Winter sun packages to this West African country are also surprisingly affordable, making it an excellent choice for budget travelers.
Average prices: Coffee £1, evening meal £7.50, beer £1
Bali, Indonesia
Bali, the tropical Indonesian island, is known for its affordability. You can find high-quality budget hotels, enjoy free beaches, and indulge in budget-friendly activities such as cookery classes and guided treks. Food-wise, stick to classic streetside snacks or dine in affordable local restaurants.
Average prices: Coffee £2, evening meal £6.50, beer £3
Belize
Belize offers a variety of attractions, from jungle exploration and Maya ruins to stunning Caribbean beaches. You can find excellent boutique accommodations in chilled-out beach towns like Placencia. Diving and snorkeling trips to the second longest barrier reef are also reasonably priced.
Average prices: Coffee £3, evening meal £8, beer £3
Jamaica
Jamaica remains the best-value destination in the Caribbean, with affordable prices and a variety of activities for travelers to enjoy. Explore the stunning sandy beaches, go snorkeling, and visit waterfalls, all without breaking the bank. Don't forget to try some Jamaican rum at the duty-free shops.
Average prices: Coffee £3, evening meal £13, beer £2.50
Bolivia
Bolivia offers shockingly cheap sightseeing trips. From the surreal salt flats of Salar de Uyuni to voyages on Lake Titicaca, you can explore the country's highlights without breaking the bank. Multi-day tours, jungle lodges, and most meals are included in the cost, making it an excellent destination for budget-conscious travelers.
Average prices: Coffee £2, evening meal £5, beer £2.50
Hong Kong, China
While Hong Kong may have a reputation for being expensive, there are affordable options available. Accommodation options cater to different budgets, and you can indulge in delicious street food at a fraction of the cost of dining in high-end restaurants. Taxis are also affordable compared to Europe or North America.
Average prices: Coffee £4, evening meal £16, beer £5
Tallinn, Estonia
Tallinn, the capital of Estonia, offers affordability without compromising on quality. You can dine at top-rated restaurants serving Italian cuisine at lower prices compared to Western Europe. The city's design hotels offer superb rates, and you can explore the historic old town on free walking tours.
Average prices: Coffee £3, evening meal £15, beer £4
Albania
Albania is incredibly cheap, even by Eastern European standards. You can enjoy traditional food, visit historical sites, and relax on the beautiful Albanian Riviera without spending a fortune. Luxury accommodations are also surprisingly affordable in this hidden gem of a destination.
Average prices: Coffee £1, evening meal £7, beer £1.50
Brittany, France
Brittany offers a mix of affordability and French charm. You can feast on delicious crêpes and galettes at affordable prices, allowing you to save up for extravagant seafood dinners. With direct ferries from the UK and a range of self-catering accommodations, you can enjoy the beautiful beaches and historical sites without breaking the bank.
Average prices: Coffee £1, evening meal £16, beer £5
Hoi An, Vietnam
Vietnam offers excellent value for money, and Hoi An was named the cheapest long-haul destination. With affordable luxury hotels, affordable dining options, and budget-friendly activities, you can enjoy a memorable trip without overspending. Don't miss the nearby beaches for some relaxation and beautiful sunsets.
Average prices: Coffee £1.50, evening meal £5, beer £1
India
India offers incredible value for money, especially with the pound's strength against the rupee. From beach resorts in Goa to canal cruises in Kerala, you can enjoy a range of experiences without breaking the bank. Indian cuisine is also affordable and delicious, making it a budget-friendly choice for food lovers.
Average prices: Coffee £1, evening meal £3.50, beer £2
Andorra
Andorra, a petite principality nestled between France and Spain, offers excellent value for families. With free lift passes for children under 11, you can enjoy a family ski trip without breaking the bank. The stunning slopes and beautiful surroundings make it a great affordable option for winter sports enthusiasts.
Average prices: Coffee £2, evening meal £14.50, beer £2
Bamburgh, UK
Bamburgh in Northumberland, UK, offers stunning beaches, a historic castle, and excellent value for money. Rated five stars for value for money by Which?, Bamburgh provides quality accommodations and attractions at affordable prices. Explore the picturesque coastline, visit Lindisfarne, and enjoy the beautiful scenery without breaking the bank.
Average prices: Coffee £2.50, evening meal £14, beer £3
Marrakesh, Morocco
Marrakesh offers an affordable all-inclusive destination outside of Europe. With affordable riads, cheap transportation options, and a culture of haggling, you can enjoy a memorable trip without overspending. Don't forget to explore the vibrant souks and try the delicious local cuisine.
Average prices: Coffee £1, evening meal £9.50, beer £3
North Macedonia
North Macedonia offers stunning natural beauty, historical sites, and affordability. With beautiful lakes, charming villages, and a lower cost of living compared to neighboring countries, North Macedonia is an excellent choice for budget travelers. Explore the Church of Saint John, visit Lake Ohrid, and embrace the warm hospitality of this hidden gem.
Average prices: Coffee £1, evening meal £6, beer £2
Egypt
Egypt offers affordable holiday options, especially outside of peak season. From delicious local cuisine to cheap cross-country trains, you can experience the rich history and stunning landscapes without breaking the bank. Don't miss out on excursions such as a Nile sunset cruise or a Luxor tour for a memorable experience.
Average prices: Coffee £1, evening meal £5, beer £1.50
Mombasa, Kenya
Mombasa, Kenya's stunning coastal city, offers affordable prices and a range of attractions. With beautiful beaches, a historic old town, and wildlife sanctuaries, there is something for everyone. Visit in the off-peak season and use Ubers for transportation to get the best rates.
Average prices: Coffee £1, evening meal £5.50, beer £1.50
Cape Town, South Africa
Cape Town, South Africa's most popular city, offers affordability without compromising on experiences. With no charge to walk up Table Mountain, affordable dining options, and special deals in July and August, you can enjoy the beauty of this diverse city without splurging. Don't miss out on a Winelands tour or a visit to Boulder Beach to see the penguins.
Average prices: Coffee £1.50, evening meal £11, beer £2
Please note that average prices are subject to change and may vary depending on the location and establishment.
Feeling inspired? Start planning your affordable holiday today!
