Best Value Holiday Destinations in 2024

The rise of cost of living has made going on holiday more expensive, so where should you travel to to get the best value for money for the rest of this year?

Bagging a cheap flight deal can end up in disaster when you realise the cost of the hotels and spending money required for the country. This tool will help you compare and choose the best holiday destination based on your budget - so you won't get caught off guard by how expensive it is. Because saving money on international spending is what we're all about. Simply set your currency, budget and select from the number of nights to find your ideal holiday destination!

Our methodology



All data for our tool was researched in May 2024. We’ve totalled up the cost for staying for one night, 5 nights and one week in each destination with the assumption that travellers will eat out approximately twice a day.

Here’s where individual country data points were collected from:

  • Country Data: Countries were chosen based on the United Nations Tourism top 48 destinations by global region in 2022.
  • Country Hotels: Global country hotel prices were taken from the latest World Bank Hotel Index in US Dollars - all prices converted into target country source currency.
  • Cost of Beer, Meals (Mid Range and Inexpensive) and Taxi (1km): All country costs were taken from Numbeo.
  • Cost of ATM Fees: Wise’s own internal data looking at cash withdrawn using a Wise card at third party ATMs over a span of 12 months (April 2023-April 2024) at country level

Switzerland: Soaring Peaks Come With Soaring Prices



Switzerland topped the list as the priciest destination setting hopeful holidaymakers back £1899 for a week long trip. Europe emerged as the most expensive continent overall with 6 countries making the top 10 list.

So if you're thinking about a scenic stay in the Swiss Alps or a leisurely trip to Lake Lucerne, be sure to budget and plan carefully - costs can end up being pretty steep once you're there.

Top 10 Most Expensive Destinations for One Week

  1. Switzerland
  2. Hong Kong
  3. Ireland
  4. Belgium
  5. USA
  6. Australia
  7. UK
  8. Costa Rica
  9. Netherlands
  10. Italy

Top 10 Most Most Affordable Destinations for One Week

  1. Egypt
  2. Argentina
  3. Indonesia
  4. India
  5. Philippines
  6. Malaysia
  7. Brazil
  8. Colombia
  9. Peru
  10. Tunisia

Hotels in Egypt: Spend Less to Explore (and Rest) More



At the more affordable end of the spectrum, Asia ranked the most budget-friendly continent for travelers seeking cheap accommodation, with five countries making the top ten list of the most affordable destinations globally.

However, Egypt stands out as the cheapest country overall, with the average cost of a 3-star hotel being just £23.56—a remarkably low price for those traveling on a shoestring budget. Compared to the average cost of a 3-star hotel in the UK (£77.65 per night), a night in Egypt is nearly 230% cheaper.

Top 10 Most Expensive Countries for 3-Star Hotels:

  1. Switzerland: £150.41 per night
  2. Hong Kong: £144.64 per night
  3. Costa Rica: £107.59 per night
  4. Ireland: £100.23 per night
  5. USA: £98.41 per night
  6. Portugal: £97.70 per night
  7. Saudi Arabia: £93.19 per night
  8. Australia: £92.98 per night
  9. Jordan: £92.93 per night
  10. Italy: £90.12 per night

Top 10 Most Affordable Countries for 3-Star Hotels:

  1. Egypt: £23.56 per night
  2. Indonesia: £28.01 per night
  3. Turkey: £32.84 per night
  4. India: £34.97 per night
  5. Argentina: £35.61
  6. Malaysia: £36.78 per night
  7. Philippines: £39.84 per night
  8. Brazil: £42.99 per night
  9. China: £45.23 per night
  10. Peru: £45.95 per night