Do your travel ambitions eclipse your bank account? We’ve got just the fix: affordable destinations around the world that offer plenty of cheap ways to stay, play, and eat. Whether you’re on the prowl for a perfect beach or a city bursting with culture, these cities and countries deliver big but cost little. Not all of them will stay cheap in the years to come, though, so if you’re inspired to go, do it soon.
Affordable Destinations #1. Philippines
Bargain hunters, outdoorsy types, and the food obsessed should look to the Philippines. The country’s combination of cosmopolitan affordability and splendid nature make it a destination that offers a lot for the money. Lonely Planet recently named it one of the top value destinations for 2014, and according to CIO Wealth Management Research’s Prices and Earnings report, Manila has some of the cheapest shopping and upscale dining in the world. For example, a couple can buy a new wardrobe there for about $410 — seven times less than what you’d pay for similar items in Tokyo. And the average cost of a three-course meal in a good restaurant is a mere $18, compared to about $95 in Geneva or Oslo (two of the cities featured in our recent story on the world’s most overpriced destinations).
If you’re concerned about whether a visit to the Philippines is appropriate so soon after Typhoon Haiyan, know that the country considers tourism to be an important part of its recovery. Large portions of the country — and the majority of popular vacation destinations — were undamaged.