The Algarve region in Portugal was classified as the world’s most economical vacation destination by 2025, according to the annual Holiday Money Report report, published by Post Office Travel Money in the United Kingdom. This is the first time in almost a decade that the Algarve once again leads this ranking of British, elaborated based on the average costs of goods and services commonly acquired by tourists in different parts of the world.
British report puts the Algarve in front of Cape Town and Tokyo. Study compared prices of basic goods and services used by tourists.
Methodology was based on common vacation expenses
The study did not take into account the costs of accommodation or air transport, focusing exclusively on the average price of eight products considered representative of vacation context: a coffee, a beer, a Coca-Cola, a glass of wine, a bottle of water, sunscreen, insect repellent and a dinner of three dishes for two people.
In the Algarve, the total average cost of these items is 70,14 euros.
The classification reflects the prices practiced in local establishments and considers values reported by tourist entities and operators in the analyzed countries.
After the Algarve, the second most affordable destination is Cape Town (South Africa), with an average cost of 71.20 euros. Tokyo (Japan), Kuta (Indonesia) and Déli (India) are followed, all below 100 euros in the sum of the same items.
We recommend:
Increases in travel costs motivate choice for more economical destinations
According to Zoover Holiday Monitorpublished in January, the average vacation costs have increased by 16% in the last twelve months.
In parallel, data released by the platform indicate that 30% of citizens of the Netherlands They intend to spend less on vacation this year, but without reducing the frequency or duration of travel.
A quarter of the respondents even admitted to prefer to cut into medical and dental expenses than abdicating the holidays.
This context of budgetary containment may justify the demand for destinations where the cost of living is relatively lower, such as the Algarve, which continues to attract visitors by combining climate, geographical proximity and affordable prices.
Nice, New York and Hawaii among the most expensive destinations
In the opposite direction, the report highlights Nice (France) as one of the most expensive destinations, with a combined average cost of 182,07 euros for the same products.
At the top of the table of less affordable destinations are New York (199.71 euros) e The Hawaii (185.37 euros).
Also read:
