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10 best places to travel cheap in 2024

Best places to travel cheap

By analyzing currency strength, local prices, and essential tourism spending in 40 popular holiday destinations worldwide, the Holiday Money Report highlights some of the 10 best places to travel cheap in 2024.

The report ranks destinations based on a barometer that takes into account the local price of eight tourist essentials including coffee, beer, cola, wine, water, sunscreen, insect repellent, and a three-course meal.

And while the report doesn’t include things like hotels and airfare, it helps you better understand where your dollars will stretch.

This is the 18th year that the Post Office has produced this report. And the good news: 25 places on the list have seen price drops since last year.

Best places to travel cheap

Here are 10 of the best cheap places to travel around the world.

  • South Korea
  • Mexico
  • Mongolia
  • Vietnam
  • Brazil
  • South Africa
  • Sri Lanka
  • Costa Rica
  • Philippines
  • Madagascar

The 10 best places to travel cheap are described below

1 South Korea is the 10 best places to travel cheap

South Korea is a country in East Asia. South Korea faces North Korea across the 2.5-mile (4 km) wide Demilitarized Zone (DMZ) established by the terms of the 1953 armistice that ended hostilities in the Korean War (1950–53).

The DMZ, which runs about 150 miles (240 km), forms the 1953 Military Armistice Line and follows latitude 38° N (38th parallel) from the mouth of the Han River on the west coast of the Korean Peninsula. A little south of the North Korean city of Kosong on the east coast. This is the best places to travel cheap in 2024.

South Korea

The Land and Relief

Relief Geologically, South Korea consists largely of Precambrian rocks such as granite and gneiss. The Taebaek Mountains run roughly north-south along the eastern coastline and into North Korea, forming the country’s drainage divide.

Several mountain ranges branch off from them with a northeast-southwest orientation. The most important are the Sobek Mountains, which bend in a long S-shape across the peninsula.

None of South Korea’s mountains are very high: the Taebaek Mountains rise to 5,604 feet from Mount Seorak in the northeast, and the Sobaek Mountains reach 6,283 feet in Mount Jiri. South Korea’s highest peak, the extinct volcano Mount Halla on Jeju Island, is 6,398 feet above sea level.

Waterfall in Jeju Island, South Korea. Cheonjeon Falls, Jeju Island, South Korea. South Korea has two volcanic islands, Jeju, at the southern end of the peninsula, and Ulleung, about 85 miles east of the mainland in the East Sea, and a small lava plateau in Gangwon Province.

In addition, South Korea claims and occupies a group of rocky islands—variously known as the Liancourt Rocks, the Dok Islands, and the Take Islands (in Japan)—about 55 miles (85 km) southeast of Uleng Island; Japan also claims these islands.

The Land and Relief

2 Mexico is the 10 best places to travel cheap

Mexico is a southern North American country. Mexican society has extremes of wealth and poverty, with an elite cadre of landowners and investors on the one hand, and a limited middle class stratified between the rural and urban poor on the other.

But despite the challenges it faces as a developing country, Mexico remains one of Latin America’s leading economic and political powers. As its official name suggests, the Estados Unidos Mexicanos (United Mexican States) includes 31 socially and physically diverse states and federal districts. This is the 10 best places to travel cheap in 2024.

What is Mexico famous for?

Mexico is known for its rich culture, ancient ruins, beautiful beaches, and incredible cuisine. Explore Mayan temple ruins daily and indulge in delicious food while listening to live music at night. Lounge on tropical beaches and explore the underwater world’s vibrant coral and marine life.

Mexico

3 Mongolia is the 10 best places to travel cheap

Mongolia, historically Outer Mongolia, is a landlocked country in north-central Asia. It is roughly oval, measuring 1,486 miles (2,392 km) from west to east and a maximum of 782 miles (1,259 km) from north to south.

Mongolia’s land area is roughly equivalent to that of Western and Central European countries and lies within the same latitude range. The national capital, Ulaanbaatar (Mongolian: Ulan Bator), is located in the north-central part of the country. This is the 10 best places to travel cheap in 2024.

Is it safe to go to Mongolia?

Mongolia is one of the safest countries in Asia. It is ranked 8th safest country in Asia and 40th in the world after countries like Singapore, Japan, Malaysia, and Kuwait. But there are some things you still need to be aware of.

4 Vietnam is the 10 best places to travel cheap

Vietnam is a country occupying the eastern part of mainland Southeast Asia. The Viet, a tribe living in the Red River Delta, entered written history when China’s southward expansion reached them in the 3rd century BC.

Since that time, a dominant theme of Vietnamese history has been interaction with China, the source of much of Vietnam’s high culture.

As a tribute-paying state after the overthrow of Chinese rule in 938 AD, Vietnam sent lacquer, animal skins, ivory, and tropical goods to the Chinese emperor, and received scrolls of philosophy, administration, and literature in return.

Sinic culture permeated society, but it shaped aristocratic and Mandarin families more than peasants, which preserved distinctive customs, beliefs, vocabulary, lifestyles, and gender relations.

Modeling themselves on Chinese emperors, Vietnamese kings sought tribute from ethnic minorities on the periphery of the Vietnamese kingdom and called themselves emperors when not addressing the Chinese court. 

What is Vietnam famous for?

Vietnam is famous for its rich culture, stunning natural landscape, delicious cuisine, and historical landmarks. It is particularly known for bustling cities like Hanoi, serene countryside like Ninh Binh, and vibrant markets offering unique shopping experiences.

Vietnam

5 Brazil is the 10 best places to travel cheap

Brazil is a South American country that occupies half of the continent’s landmass. It is the fifth largest country in the world, exceeded in size only by Russia, Canada, China, and the United States, although its area is larger than 48 US states.

Brazil faces the Atlantic Ocean along 4,600 miles (7,400 km) of coastline and shares 9,750 miles (15,700 km) of internal borders with every South American country except Chile and Ecuador – notably, Uruguay to the south; Argentina, Paraguay, and Bolivia in the southwest; Peru to the west;

Colombia on the northwest; and Venezuela, Guyana, Suriname, and French Guiana to the north. Brazil stretches about 2,700 miles (4,350 km) from north to south and east to west, forming a large irregular triangle that encompasses a wide range of tropical and subtropical landscapes, including swamps, savannas, plateaus, and low mountains.

Brazil has the Amazon River basin, which has the world’s largest river system and the world’s most extensive virgin rainforest. The country has no desert, high-mountain, or arctic environment. This is the 10 best places to travel cheap in 2024.

What is a famous thing about Brazil?

The great Amazon rainforests are one of the main things Brazil is famous for It is estimated that around 10 million species live in these rainforests worldwide. Here you can see monkeys, parrots, sloths, toucans, turtles, caimans, and other wildlife during a boat trip to this area.

Brazil

6 South Africa is the 10 best places to travel cheap

South Africa has one of the largest. After decades of international isolation, armed opposition, and mass protests, discriminatory laws began to be repealed in the late 1980s. The country held its first general election in 1994.

The democratically elected leadership encouraged reconciliation and resolved to eliminate social imbalances, but the economy struggled.

In 2022, the World Economic Forum, Externally, warned that South Africa is at risk of state collapse, with record unemployment levels, high crime rates, unsustainable state spending, mismanaged institutions, and corruption. This is the best places to travel cheap in 2024.

What is South Africa famous for?

South Africa, This colorful mix of cultures nicknamed South Africa “The Rainbow Nation.” South Africans are passionate about music, often using song and dance to express social and political ideas. They are also known worldwide for their prowess in rugby, cricket, golf, and soccer.

South Africa

7 Sri Lanka is the 10 best places to travel cheap

Sri Lanka is an island nation in the Indian Ocean and is separated from peninsular India by the Palak Strait. It lies between latitudes 5°55′ and 9°51′ N and longitudes 79°41′ and 81°53′ E and has a maximum length of 268 miles (432 km) and a maximum width of 139 miles (224 km).

Proximity to the Indian subcontinent has facilitated close cultural interaction between Sri Lanka and India since ancient times. At a crossroads of maritime routes crossing the Indian Ocean, Sri Lanka has encountered cultural influences from other Asian civilizations.

Ancient Greek geographers called itTaprobane. The Arabs called it Serendib. This is the best places to travel cheap in 2024.

When is the best time to visit Sri Lanka?

Like all tropical countries, Sri Lanka’s weather can be unpredictable, so it’s always wise to expect the unexpected and be prepared for all eventualities. However, generally speaking, Sri Lanka experiences its best weather between December and mid-April.

Sri Lanka

8 Costa Rica is the 10 best places to travel cheap

Costa Rica, a Central American country. Its capital is San Jose. Of all the countries in Central America, Costa Rica is generally considered to have the most stable and most democratic government. Its 1949 constitution provides for a unicameral legislature, a fair judiciary, and an independent electoral body.

Furthermore, the constitution abolished the country’s army, gave women the right to vote, and provided other social, economic, and educational guarantees for all its citizens. Throughout the 1970s and 80s, Costa Rica remained relatively peaceful compared to its war-torn neighbors.

It has the highest literacy rate in the Western Hemisphere (over nine-tenths) and a strong education system from elementary to university level. Several renowned universities and an active network of bookstores and publishing houses make San José the center of intellectual life in Central America.

Due to the country’s peaceful reputation and commitment to human rights, several non-governmental organizations and pro-democracy foundations are headquartered in San Jose.  This is the 10 best places to travel cheap in 2024.

Why is Costa Rica so popular?

8 Reasons to Visit Costa Rica – Special Places in Costa Rica. Costa Rica is famous for its stunning biodiversity, vast protected areas, and warm climate. There are dense forests, active volcanoes, rushing rivers, spectacular waterfalls, and vibrant cities.

Costa Rica

9 The Philippines is the 10 best places to travel cheap

The Philippines is an island country in Southeast Asia in the western Pacific Ocean. It is an archipelago consisting of more than 7,000 islands and islets located about 500 miles (800 km) off the coast of Vietnam. Manila is the capital, but nearby Quezon City is the country’s most populous city.

The Philippines derives its name from Philip II, who was the king of Spain during the Spanish colonization in the 16th century. Because it was under Spanish rule for 333 years and another 48 years under US rule, the Philippines has many cultural ties to the West.

For example, it is the second most populous Asian country (after India) with English as an official language and one of only two predominantly Roman Catholic countries in Asia (the other being East Timor).

Despite the predominance of such Anglo-European cultural traits, the people of the Philippines are Asian in spirit and aspirations.

In the last quarter of the 20th century, the country was beset by political unrest. In 1986 the massively popular Mass Shakti movement led a bloodless uprising against the Ferdinand Marcos regime. This is the 10 best places to travel cheap in 2024.

What is the Philippines most famous for?

A collection of nearly 7000 islands, the Philippines is known for its vast forests, beautiful beaches, exotic wildlife, and majestic volcanoes. It is divided into three island groups: Luzon, Mindanao, and the Visayas.

Why is the Philippines so special?

The Philippines is called the Pearl of the East in Asia for its cultural richness and scenic beauty. It is home to centuries-old churches, century palaces, ancient forts, and a modern museum

The Philippines

10 Madagascar is the 10 best places to travel cheap

Madagascar is the fourth largest island in the world after Greenland, New Guinea, and Borneo. Although located about 250 miles (400 km) from the African continent, Madagascar’s population is not primarily related to African peoples but to people from Indonesia, more than 3,000 miles (4,800 km) to the east.

The Malagasy people do not consider themselves African, but due to the continuous ties with France that resulted from the former colonial rule, the island developed political, economic, and cultural relations with the French-speaking countries of West Africa.

The island’s animal life and vegetation are equally unusual, very different from nearby Africa, and unique in many respects. This is the 10 best places to travel cheap in 2024.

Although the coastal areas have been known to Europeans for over 400 years and to the Arabs for much longer, recent historical development has been more intense and concentrated on the central plateau, where the capital city of Antananarivo (formerly Tananariv) is located. This is the 10 best places to travel cheap in 2024.

Madagascar

My Advice for visitors

10 tips for visitors

  1. Check for important travel requirements
  2. Plan your budget
  3. Make sure you can access your money
  4. Travel at the best possible time
  5. Be careful with the weather!
  6. Don’t limit your visits to tourist hotspots
  7. Dive into the local culture
  8. Try local food
  9. Learn a few local words
  10. Allow yourself to get lost

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