This is officially the most affordable holiday destination in 2024

This is officially the most affordable holiday destination in 2024

According to the annual Post Office report, the cost of long-haul holidays is lower than last year

The cost of travel heavily influences destination choices, but fortunately, many places offer excellent value for money. Who says budget constraints must hinder your dream trip?

To spotlight affordable destinations, insights from the 18th annual Post Office Travel Money’s ‘Holiday Money Report’ are invaluable. This study considers currency fluctuations and the local prices of essential items to identify the most economical destinations.

This study takes into account fluctuations in currency value relative to sterling, along with the local prices of eight tourist essentials (coffee, beer, cola, wine, water, sunscreen, insect repellent, and a three-course meal), to ascertain the most cost-effective destinations.

Securing the top position for 2024 is Hoi An, Vietnam! The overall cost for these tourist purchases is only £51.18 (€59.67, $64.54), with insect repellent and local beer priced more affordably than any other destination on the li

Cape Town secured the second spot, with a total expenditure of £54.35 (€63.37, $68.54), including a three-course meal for two priced at under £35 (€40.81, $44.14)! Considering the abundance of fantastic restaurants in the Mother City, this achievement is quite remarkable.

Tokyo’s fourth-place ranking may raise eyebrows, but the figures speak for themselves – a glass of wine in the Japanese capital costs only £3.62 (€4.22, $4.57), and a bottle of water? Just 61p (71¢, 77¢).

The most affordable holiday destinations for 2024

  1. Hoi An, Vietnam
  2. Cape Town, South Africa
  3. Mombasa, Kenya
  4. Tokyo, Japan
  5. Algarve, Portugal
  6. Sharm el-Sheikh, Egypt
  7. Sunny Beach, Bulgaria
  8. Kuta, Bali
  9. Marmaris, Türkiye
  10. Paphos, Cyprus
  11. Penang, Malaysia
  12. Phuket, Thailand
  13. Delhi, India
  14. Costa del Sol, Spain
  15. Montego Bay, Jamaica

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