Where to get best value in the world’s top holiday hotspots
Each year, the Post Office Travel Money Holiday Money Report looks at the destinations set to offer holidaymakers best value for money in the year ahead.
In 2022, we’ve surveyed 36 destinations worldwide to compare prices for meals, drinks and other essentials British tourists are likely to buy while abroad.
We’ve shared the key findings and top 15 best-value hotspots below. You can also download our full Worldwide Holiday Costs Barometer for more details.
Key findings include:
-
Turkey and Bulgaria offer the best value overall. Prices are down in both, but a 37% drop in Marmaris sees it take the top spot from previous leader Sunny Beach
-
Portugal’s Algarve is in third and again cheapest in the Eurozone, with costs 25% lower than the Costa del Sol in sixth
-
A price drop of over 15% in Cyprus sees Paphos move up from 11th to fifth. Prices have also fallen year-on-year in Greece, down more than 15% in Corfu
-
Cape Town, South Africa remains best the value for long haul, with prices down 1.6%
-
Reykjavik in Iceland remains the most expensive destination surveyed, followed by Barbados and Dubai. All three saw price increases of over 20%
-
Sterling’s strength against most currencies has helped keep costs down. Once the sterling exchange rate is applied to local currency prices, British visitors will pay less in half of the destinations surveyed
-
In contrast, there have been significant rises in some destinations – particularly those whose currencies have risen against the pound. Prices in Sri Lanka have increased by 26%, while visitors to Mexico can expect to pay around 22% more in Cancun than a year ago