Five destinations for travelling on a budget 2023

From family holidays to gap years, career breaks, city breaks and cruises. Whilst our desires and destinations are different, many of us would love to travel more if we could.

If you asked the average person why they do not take as many holidays or trips as they would like to, the main obstacle would most likely be financial. Costs, flights, accommodation, and spending money can add up, and with the cost of living increasing, holidays and trips are often the first expense to get cut.

The article explores five cost efficient travel destinations that allow you to see the world and experience different cultures, without breaking the bank to do so. Please take into consideration that this list is comprised of destinations where it is objectively cheap to live (daily spend) and not the flights or travel to the destination itself. All costs and daily spending credited to BudgetYourTrip.

 

Thailand

Although this is one of the most popular tourist destinations, especially for backpacking, Thailand has remained relatively cheap compared to other locations. The food and accommodation in Thailand are very manageable on a budget, with BudgetYourTrip suggesting the average daily cost per person is £80. This daily cost could be decreased even more using budget hostels and limiting the amount of island hopping!

BudgetYourTrip Average daily costs, per person (as of February 2023):

Budget: £26 (1,055 Baht)

Mid-Range: £80 (3,252 Baht)

Luxury (High-End): £286 (11,609 Baht)

 

Mexico

Whether you are looking to backpack around, drive through, or just relax, Mexico has so much to offer, at a very humble price. Most will visit huge tourist centres such as Cabo, Cancun, and Tulum, but if you are looking to budget, there are incredible destinations such as Yucatan and the city of Oaxaca, that come at a fraction of the price. Mexico is a top destination with a rich history and world class food.

BudgetYourTrip Average daily costs, per person (as of February 2023):

Budget: £26 (605 New Peso)

Mid-Range: £75 (1,735 New Peso)

Luxury (High-End): £232 (5,404 New Peso)

 

Portugal

Portugal offers great weather, beautiful cities, and scenic coastlines, whilst remaining one of the cheaper European destinations for visitors. The average daily cost per person is under £100, and there are lots of fun activities and amazing food to offer. Prices in Lisbon are slightly higher, but this can be combated by visiting off-peak, especially in the winter.

BudgetYourTrip Average daily costs, per person (as of February 2023):

Budget: £39 (44 Euro)

Mid-Range: £96 (109 Euro)

Luxury (High-End): £224 (255 Euro)

 

Vietnam

Many travellers find this country to be as fun and visitor welcoming as the popular Thailand, whilst being one of the cheapest countries to live in Southeast Asia. If you are on a backpacker budget, you can enjoy a day in this beautiful country for around £15 per person! Activities such as The Cu Chi Tunnels and canyoning are great experiences at very affordable prices.

BudgetYourTrip Average daily costs, per person (as of February 2023):

Budget: £15 (435,447 Dong)

Mid-Range: £42 (1,205,502 Dong)

Luxury (High-End): £121 (3,508,900 Dong)

 

India

A budget travel list would be incomplete without the mention of India, the cheapest destination per day on the list, according to BudgetYourTrip. Travellers are often full of praise and enthusiasm about the budget friendly accommodations and world-renowned food in this country. If you are looking to get great value for your money, this is a top destination to travel to. Experience temples, street foods, Indian beaches, and monkey filled jungles for a backpacker’s budget of under £10 per day!

BudgetYourTrip Average daily costs, per person (as of February 2023):

Budget: £9.73 (982 Rupee)

Mid-Range: £26 (2,611 Rupee)

Luxury (High-End): £73 (7,368 Dong)

 

Before booking any trips abroad, we strongly advise making sure you are properly covered and check the Foreign Office for any travel advice to your chosen destination. Contact us for travel insurance advice, or to speak to a broker.