For those jetting off, or hoping to, in the coming months for the annual holiday it’s worth considering the cost of living in some of the most popular tourist destinations for tourists. The annual Post Office Survey is a good place to start when checking out the best cheap holiday destinations each year. The survey compares the cost of living in popular destinations and the good news for travellers is that costs remain low this year. Here are some of the most affordable destinations for the coming holiday season.
Sunny and Seriously Discounted
Despite financial woes almost on a Greek scale, Spain remains one of the most popular holiday destinations for travellers. In addition to a host of cut price flights available from not only the smaller airlines, but British Airways as well, the region offers a relatively short flight time from places like the UK which should suit those with children. In addition the Spanish economy continues to offer incredibly good value for money on the cost of living front. The survey found that essential holiday living costs are down by fifty per cent in the last five years, while restaurant owners and bar managers are falling over each other to offer excellent discounts; a meal out for two can cost as little as £25 which makes Spain top of the list for holidaying tourists.
The Best and the Worst of the Rest
In terms of other popular European destinations it’s a similar picture. Not only are restaurants and bars cutting prices to compete (and stay in business), the cost of a basket of daily goods also remains low in cash strapped Greece. The cost of daily living on holiday is believed to be around eighteen per cent lower in Greece than in recent years. France and Italy fared less well in the survey with the cost of living remaining high compared to Greece and Spain. An average shopping basket in Italy for example will set you back nearly £90 making it the most expensive of the Euro destinations in the survey. By contrast, for those seeking last minute and affordable city breaks, the eastern European cities continue to compete well. The survey examined the cost of a city break (meals, accommodation, entertainment and sundries) in a range of European cities. Prague came off best at around £102 with Budapest, Riga, Tallinn and Warsaw all coming in at well under £150.
Long Haul Hotspots
For the long haul traveller, Australia is not likely to be on the list of affordable destinations. Here the cost of living, examined in the survey, shows that it can be five times more expensive to get by in Australia than on the Costa del Sol. The most economical long haul destination proved to be Sri Lanka where resort living remains one of the most competitively priced options. The Caribbean also fairs well and again, its resort costs that have fallen most dramatically in recent years. In general the region has seen an average drop in costs of around twenty five per cent; although there is wide variation from island to island, with Jamaica offering the least in terms of value for money.