these cheap countries will give you the best bang for your buck in 2024
So you’re looking to travel this year, but have a tight budget? Same, same. There are many factors to consider when researching budget destinations. Among these are safety, language barriers, culture, attractions, and visas. Let’s get one thing sorted: cheap does not mean boring. For this short list of cheap countries, I will be ranking my choices in 4 categories:
1. Overall average cost of living per day
2. Local currency vs. USD
3. Safety
4. Things to do/ attractions
Often, budget travel comes down to thinking outside the box and being flexible with your plans. After my short list of cheap countries, stick around for some extra budget travel tips!
5. Portugal
unexpected gem on the cheap countries list
Boasting over 1,110 miles of Atlantic coastline, Portugal has quickly climbed many a bucket list in the past few years. Gaining popularity due to its affordability, Portugal offers no shortage of things to do and sightseeing. The capitol city of Lisbon is a great place to explore by foot, grab some cheap tapas, beer and wine, or chill at a cafe and watch the world pass. Additionally, Portugal is abundant in history and diversity and is home to thousands of expats and retirees.
Cost of Living
Portugal uses the Euro, which is currently stronger than the US dollar. The average daily cost of living is $24/day, excluding rent, which is 36% lower in comparison to the US. Generally speaking, everyday things are very affordable. For example, a dinner out in Porto might only cost 15-20 Euros including wine and an Airbnb can be booked for under 50 Euros!
Safety
Portugal is currently ranked the 7th safest country to visit. Of course, you should still practice regular personal safety measures as you would in your own home city. Many European cities are known for petty theft and pickpocketing, so it’s always best to be aware of your surroundings no matter where you are in the world.
Things to do in Portugal
Porto– The home of Port wine making, Porto is a charming and romantic city in the north of Portugal, just over an hour’s drive from the Spanish border. Here, you can find everything from walking tours, wine and food tours, explore the cathedral, and even see catacombs and entombed human remains. Airbnbs are extremely affordable and the metro system will get you anywhere you want to go for just a couple Euros. Be sure to visit the Porto Cathedral and take the tram to the ocean for a glass of wine with spectacular views.
Sintra– easily accessible from Lisbon, Sintra is known for the National Palace of Pena, a brightly colored castle that sits atop a hill overlooking the town. Like many other historical sites, the palace began as a church and remained as a sanctuary from the 1400s-1800s. It is now a UNESCO world heritage site.
Algarve– If it’s sun, sand, and relaxation you’re after, look no further than the Algarve region. With great weather year round, you’ll waste no time finding the perfect place to sip a glass of cava. Within this region are the popular and picturesque towns of Portimao, Lagos and Faro.
Portugal is jam packed head to toe with adventure, incredible sights, history, food, wine, and culture. If it’s a bit of budget luxury you’re seeking, check out Portugal during spring or fall months for the best deals.
4. vietnam
southeast asia ‘cheap countries’ pick of 2024
The allure of the Far East has captured many a traveler’s thoughts, however, few tend to materialize them. Vietnam is a country rich in history, culture, and of course, delicious food and deserves your attention. The locals are welcoming and kind, willing to extend a helping hand if needed. Though far from the western world, a trip to Vietnam can be the perfect budget destination for a solo traveler, couples, or friends. Wether you’re into adventure, relaxing on a beach, or exploring temples amongst the jungle canopy, Vietnam has something for everyone. The weather here can reach scorching temperatures, so plan your trip between December and April to catch the most comfortable climate.
Cost of Living
Vietnam is one of the cheapest countries you can visit, with daily expenses totaling around $16 USD/day for a single person, excluding rent. Rent is, on average, a staggering 78% lower than the United States average. You can rest easy knowing a local beer will only set you back under $1 USD! The local currency is the Vietnamese Dong, which at current has an exchange rate of about 25,451 VND = $1 USD.
Safety
Vietnam is widely considered a safe country to visit. Locals are friendly to American tourists and expats, and violent crime is very low. However, it is smart to implement normal personal safety measures when it comes to your valuable belongings, as petty theft can be common in the larger cities. Be aware of who is in your proximity and keep cell phones, wallets, money, etc. out of sight in crowded areas.
Things to do in Vietnam
Ha Long Bay– A UNESCO world heritage site in the northeast of Vietnam, Ha Long Bay is home to the Cat Ba Archipelago with its 1,133 islands and islets. Most impressive are the many conical islands dotted throughout the bay. Here, you can rent a room on a small cruise boat to enjoy life on the water for a few days.
Da Nang– a laid back beach town in Central Vietnam, but also the most urbanized city in the country. Though prices here may be slightly higher than the national average, Da Nang is still worth a few nights to chill by the beach and unwind.
Hoi An– a well-preserved ancient fishing port with history dating back to early civilizations of the 5th century and older. The city is a UNESCO heritage site and is snaked with canals and historic bridges, museums and historic buildings. Grab some regional cuisine, take a cooking class, boat ride, or spend the day sightseeing. Oh, and the dreamy lantern festival photos you saw on Instagram? Those are from here.
Vietnam should be on your bucket list. Southeast Asia can seem intimidating for Americans, especially solo travelers. Don’t let the fear of the unknown keep you from your greatest adventure yet!
3. Mexico
beyond cancun and cabo
Who doesn’t love a beach vacation on a budget? Mexico is known for its stunning beaches, lush jungles, and ancient Mayan culture. Mexico tops most every cheap countries list, especially for Americans tourists. In comparison to countries such as Vietnam and others in Southeast Asia, Mexico is not the cheapest country on this list. However, it does provide excellent value and here’s why.
Cost of Living
On average, the daily cost of living is just $23/day, excluding rent. This is a country where the daily cost of living is widely varied due to tourist hot spots such as cities like Cancun and Cabo San Lucas. Because of this, the national average is higher than some other popular cheap countries. The average cost of living in Mexico is about 38% lower than the United States average. The local currency is the Mexican Peso, which is currently 16.75 MXN = $1 USD.
Safety
Is Mexico safe? The short answer is yes, but- as an American, I feel we are conditioned to believe Mexico is unsafe and told to stay in American resorts only. Resorts are fine, however, you will pay American prices. To experience real Mexican culture, sights, and even authentic food, you need to get outside the large resort cities. Mexico is a large country with 32 states. Some are safer than others, so I recommend doing your own research about areas you have never explored.
Things to do in Mexico
Cenotes– scattered throughout the Yucatan Peninsula are sink holes connecting an underground network of fresh water. Cenotes vary in size and depth, making each one unique. This natural phenomenon has created an abundance of opportunity to do some cliff jumping and caving, as well as kayaking, snorkeling, and swimming. Culturally, the cenotes are of utmost importance. The ancient Mayans believed they are portals to the underworld and home of the God Chac Mool who watched over Xibalba, the place of fear. Mayans considered cenotes sacred as they provided fresh water and so, sacrifices were commonly made in offering to Gods.
Bacalar– this small town in Eastern Mexico is unlike any place I have seen before it or after. Bacalar is the gateway to Bacalar Lagoon, often referred to as “the Maldives of Mexico.” The lagoon is a fresh water body with high mineral content, therefore hosting very little aquatic life. As a result, Bacalar Lagoon is known locally as the Laguna de Los Siete Colores or “lake of seven colors.” Although the lagoon is inhabitable for most wildlife, it is one of only a few sites in the world where you can find stromatolites, one of the oldest known living organisms.
Oaxaca– a state in southern Mexico known for its vibrant culture and heritage, unique regional cuisine, and brightly colored buildings. Oaxaca is best known as the gastronomic capitol of Mexico, especially its Mole sauces.
Mexico is a Feeling
Mexico will forever hold a bright, shiny place in my heart. It is a country I will happily return to again and again. Cheap countries don’t have to be boring, and Mexico is a beautiful example of just that.
For more on Mexico travel, check out my other posts: The Ultimate Travel Guide to Isla Holbox and How to Pack for 5 Days on an Island.
2. turkey
the unexpected cheap thrill
Turkey is a large country located between Europe, Asia, and Africa. Istanbul, the country’s capitol, spans two continents and is home to over 15 million residents. Outside the hustle and bustle of this enormous city lies incredible landscapes and iconic bucket list items. I have had my eye on Turkey ever since I watched a documentary by one of my favorite YouTubers, filmmaker and travel junkie Karl Watson. If you read this, you have inspired me immensely!
Cost of Living
Though Turkey is a European country, the price tag is not reflective of high European costs. The average daily cost of living here is just under $18 USD/day, excluding rent. Monthly rent average is just $545 USD per month in a city and even cheaper outside of city limits. Also, you will find affordable meals for well under $10 USD. The local currency is the Turkish Lira, and $1 USD will currently get you 32.22 TL, resulting in an extremely affordable trip.
Safety
Turkey is considered a safe place for American tourists to travel, especially in places like Istanbul, Cappadocia, and Antalya. Hiring a local guide can be useful if you are concerned about your safety, and can also provide an inside look at cultural diversity. Here are some ways to practice safety in Istanbul:
- Stay aware of your surroundings, especially in large crowds. Pickpocketing is common in large cities.
- Familiarize yourself with local customs. Dress modestly and respect religious differences.
- If you are American, register with the STEP program. This allows the government to help travelers in need who are abroad, should any problems occur.
Overall, there is no reason to avoid visiting Turkey at this time. In fact, 2024 may be the best time for you to see this really interesting country on a tight budget!
Things to do in Turkey
- Cappadocia– Dreamy instagram pics? Check. Historical landmarks? Check. Adventurous activities? Check, check, check. Cappadocia is the perfect location for anyone who wants to experience the iconic hot air balloon rides offered here, hovering over an other-worldly landscape like no other. The columnar rock formations provided safety and hermitage for early Christian settlers and can still be found today.
- Pamukkale– A UNESCO World Heritage Site, Pamukkale is an area rich in minerals. The travertine terraces are a result of left behind minerals from 17 natural hot springs, resulting in pleasantly warm pools for visitors to lounge in. A great way to spend a few hours, or the day!
- Istanbul– Originally founded by Greek settlers in the 7th century as Byzantium, the city was renamed Constantinople after Roman Emperor Constantine the Great in 330 CE. Finally, the name Istanbul was officially given in 1930. Visitors here can see traces of ancient history all around the city. Visitors in Istanbul can find attractions such as the Basilica Cistern, the Blue Mosque, and many ancient ruins.
A History Buff’s Dream Location
Ancient Roman and Greek history lovers, this one’s for you. Turkey hits my short list of cheap countries because of its affordability, rich history, and culture. This is undoubtedly a country for the introspective intellectual and the childish wonderer alike.
1. Japan
on a list of cheap countries? yes!
Yes! Japan is on my list of cheap countries! The Japanese Yen is at an all-time low, meaning travel to this amazing country is more affordable than ever. Discover thousands of years of tumultuous political history, industrial advancement, and hyper-futuristic robotics. Not to mention, Japan is globally recognized for its cuisine, art, film, and music industries. In contrast to the hustle and bustle of Tokyo, Japanese people are very peaceful with deep religious and spiritual practices that date back centuries. A visit to Japan will undoubtedly leave you with a more meaningful view of life and its fragility.
Cost of Living
Currently, $1 USD = 155.74 Japanese Yen. This is the best exchange rate American travelers have seen since 1990, and your sign to book a flight. The daily cost of living in Japan is just $27/per day, excluding rent, about 33.6% lower than the United States. Rent, on average, is about 67% lower than in the US. Japan is extremely well-connected and transportation costs are reasonably priced. A monthly pass on a local rail system will cost around $50 USD. Alternatively, a JR Pass connects you to all of Japan for prices starting at $328 USD. You can find meals at a restaurant for well under $10 USD, and tipping is not required.
Safety
Japan is possibly one of the safest countries you can visit. The US State Department lists Japan as a Level-One status, a status reserved for the safest countries on the planet. Violent crime is practically non-existent and theft is also extremely low. By comparison, the United States murder rate in 2020 was 6.52 per 100,000 inhabitants to Japan’s 0.25 per 100,000 people. It is nearly impossible to acquire a firearm in Japan, and there is a police presence on every corner. In fact, if you lose a personal item, it will most likely turn up at a koban, a 24 hour staffed police box, untouched. Japanese people highly value a culture of “kokuminsei,” or national character. They place high value in social harmony and pride themselves on their peaceful nature and prefer to avoid conflict.
Things to do in Japan
Food Culture– Obviously, one of the best things to do in Japan is try the local cuisine. Japanese food has been adapted all over the world, but trying it here is the pinnacle of a foodie’s travel dreams. Don’t be afraid to eat new things and think outside the box! Besides, you will be loving the food if you wash it down with enough sake!
Onsens– spa-like bath houses where you can soak away a long day of sightseeing. The traditional way to enter a Japanese onsen is without clothing. If this scares you a bit, there are private options available in some instances. Additionally, some larger hotel accommodations have co-ed family friendly onsens where everyone wears a bathing suit. Note- check the rules regarding tattoos for each onsen you plan to visit.
Kyoto– This city is full of charm and an Edo Period feel. Perhaps the best recognized attraction in Kyoto is the Fushimi Inari Shrine, marked by its brightly colored square consecutive archways. Visit the Imperial Palace, the hundreds of Buddhist temples, shrines, and zen gardens, and maybe even catch the cherry blossoms in spring. Notably, tour the former Shogun residence, Nijo Castle.
Snow Monkeys– Photographers, this one is for you. Travel to the Jigokudani Monkey Park in Nagano to see the Snow Monkeys lounging in the onsens. The Japanese Macaques seem to be unfazed by the presence of tourists, aloof to the fact they are the subject of photographs. The best time to visit the Snow Monkeys is just that, in the snow. So, pack your parka and set out for a once in a lifetime photoshoot!
Cheap countries are not boring countries
In conclusion, let’s state the obvious: the world is full of amazing places. How can you choose where to go? I’ve found that the best thing to arm yourself with is knowledge. I hope this little list has helped you discover somewhere new or take a second look at somewhere you had written off. Sticking to a tight budget does not have to restrict your travels, but requires you to be thrifty and creative. So, I urge you to think outside the box and get out there!
Very interesting!!! The Bacalar Lagoon sound amazing!!