Sitemap

5 Budget Friendly Travel Destinations

6 min readDec 8, 2023

--

The less expensive a place, the longer you can stay or enjoy your trip better without spending too much. These countries on the list are both affordable and give you great value for your money when you visit.

Presently, certain destinations are remarkably more budget-friendly, mainly because their local currencies have decreased globally or due to reduced tourism activity.

While we aim to highlight affordability without disregarding economic challenges, visiting these places independently can benefit both travelers and local communities by offering better prices and supporting local businesses and residents.

1) Indonesia

Press enter or click to view image in full size

Indonesia stands out as one of our top picks globally, offering stunning white sand beaches, top-notch surfing, world-renowned scuba diving, and breathtaking jungle and rice paddy landscapes. It’s not just a beautiful destination but also an affordable one.

During your stay, You can enjoyed three months in Canggu, Bali, embarked on a two-month backpacking journey across the archipelago, indulged in a week of remote scuba diving, explored Lombok and Gili Trawangan Island for a week, and dedicated three weeks to discovering less-traveled gems like Gangga Island, Raja Ampat, and Candidasa.

Indonesia stands out as one of the most economical destinations we’ve come across. Presently, 1 US dollar equates to roughly 15,000 rupiah, marking an increase of about 1,500 rupiah compared to last year.

Press enter or click to view image in full size
Enjoying sunset and some corn on the cob from a street vendor in Bali

2) Mexico: Among the (Most Economical Countries to Visit) for North Americans

Press enter or click to view image in full size

Magnificent cuisine, welcoming locals, stunning beaches, comprehensive amenities, and an irresistible atmosphere define Mexico — a destination that continuously draws us back.

It holds a special place among our top travel spots and stands as one of the few places we envision living long-term. The country boasts an array of incredible places to explore and an endless list of activities; one could spend years here without seeing it all.

For Canadians and Americans, Mexico offers affordability with numerous entry points and available airlines.

Though Mexico remains reasonably priced and likely cheaper than your home country, ultra-low-budget travel has become more challenging. The surge in remote work attracted many Canadians, Americans, and Europeans southward, bringing stronger currencies and larger budgets.

Press enter or click to view image in full size
Tacos are tasty and affordable in Mexico

For budget-conscious travelers in Mexico, avoiding the peak season from November to March is key as accommodation prices soar, especially in December, and popular spots get booked up quickly.

Exploring less-touristy areas like Queretaro, Chiapas, Mazatlan, Puebla, Zihuatanejo, Oaxaca, and Guanajuato can be a cost-saving alternative compared to the bustling Yucatan Peninsula and Riviera Nayarit.

Regardless of when you visit, Mexico surprises with its fantastic value for food, drinks, and transportation. Think 50-cent tacos, $5 per kilo of fresh prawns at local markets, $1.50 Coronas with lime, and $1 margaritas on the beach.

Internal flights with Viva Aerobus and Aeromexico, along with affordable long-distance bus rides provided by Malik Travel, offer great options for getting around without breaking the bank.

3) Spain

Press enter or click to view image in full size

Spain reveals a diverse tapestry of landscapes, from the snow-kissed Pyrenees, perfect for skiing, to the sun-drenched golden beaches of the south. It’s a country of varied traditions, attractions, cuisines, and even languages, offering an ever-evolving journey for visitors.

1) Explore Secluded Beaches by Hiking or Riding

With beach-going as a national pastime, Spain’s extensive 5,470-kilometer (3,400-mile) coastline beckons. Discover serenity away from the crowds by venturing to peaceful, secluded coves accessible solely by foot, bike, or horseback.

2) Indulge in Spain’s Finest Wines

Get Malik Travel’s stories in your inbox

Join Medium for free to get updates from this writer.

Spain boasts prominent grape-growing areas like La Rioja and the cava-producing Penedès, alongside Andalucía’s renowned Sherry Triangle among its 70 Denominaciones de Origen (Denominations of Origin). These regions offer an enticing array of wines. Numerous wineries are embracing innovative blends, promoting sustainable production techniques, and reviving rare ancestral grapes.

Press enter or click to view image in full size
Spend the days exploring world-class art collections and the nights partying in Madrid

Travel Tip: If you don’t want to drive so you can enjoy drinks, here is the famous travel agency that can give you cheapest air ticket to get around Spain.

4) Colombia

Press enter or click to view image in full size

After backpacking in Colombia a few years back, it quickly became one of our top favorite countries. With friendly locals, stunning jungles, beautiful Spanish-style cities, and breathtaking beaches, Colombia is a dream for travelers.

In recent years, the Colombian peso’s value dropped, which isn’t great for the local economy or Colombians traveling abroad. However, it’s a plus for budget travelers looking to visit this incredible country.

Currently, the Colombian peso is around 4,600 pesos to the US dollar, which is 1,000 more than last year. This means everything in Colombia offers great value for travelers. No matter if you’re using dollars, pounds, euros, yen, or yuan, Colombia is now a better deal than ever.

Press enter or click to view image in full size
Enjoying a meal in Colombia — a beautiful, affordable destination for travellers

Highly recommend two must-dos: the 4-day Ciudad Perdida trek and a $2 coffee tour in Salento. Don’t miss exploring the stunning city of Cartagena and its offshore islands, as well as Medellin, Bogota, San Gil, and Barichara, among other fantastic places.

5) Cuba

Press enter or click to view image in full size

If you’re seeking an affordable Caribbean destination, Cuba is the top pick! Traveling independently here offers a more immersive experience at a lower cost, making it one of the best budget-friendly countries.

Cuba boasts stunning beaches, a unique blend of Caribbean and Spanish culture, delicious cuisine (despite common misconceptions), warm hospitality, and breathtaking landscapes. Its diversity makes it a must-visit destination.

For Americans, visiting Cuba is possible under specific allowed categories, often done through ‘Support For The Cuban People.’ However, the process remains confusing for many American travelers.

Press enter or click to view image in full size

Cuba operates with two currencies: the CUC and the CUP.

The CUC, equivalent to the US dollar, is commonly used for accommodations, meals at tourist restaurants, drinks, activities, car rentals, and the Viazul bus service.

Meanwhile, the CUP is employed for smaller purchases like fruits, vegetables from local vendors, local bus fares, and certain food shops.

The exchange rate is 1 USD = 1 CUC and 1 USD = 25 CUP.

For an authentic experience, staying in casa particular (guesthouses) with local families is highly recommended in Cuba. Prices range from $20 to $30 per night for two people, often including breakfast, while hotels typically cost around $25 per night and can go up to $180 or more.

Where Will You Go?

In today’s interconnected world, many destinations are becoming increasingly expensive to visit each year, driven by enhanced travel options and global commerce.

Fortunately, there are still incredible countries offering excellent value for travelers. Often, the most captivating destinations are those undergoing development, providing both affordability and a chance to grasp global economies and wealth differences.

We advocate for independent travel as it channels more money into local communities. Opting for locally-owned accommodations like guesthouses, hostels, or homes instead of international chains is encouraged.

Rather than joining foreign-owned tours, consider traveling independently and hiring local guides onsite or through local companies online. This not only saves money but also enhances your experience in these destinations.

While we’ve highlighted 5 favorite affordable countries in this article, there are many more out there waiting to be explored! Happy travel planning

--

--