February 1, 2024
8 mins read

20 Budget-Friendly Travel Destinations for 2024

In a world where wanderlust knows no bounds but budgets often do, finding affordable yet captivating destinations is the key to unlocking a wealth of enriching travel experiences. As we step into 2024, the desire to explore new horizons remains as strong as ever, and fortunately, there are plenty of budget-friendly destinations waiting to be discovered. Whether you’re a backpacker on a shoestring budget or a frugal traveler seeking adventure without breaking the bank, these top 20 destinations for 2024 offer a perfect blend of affordability and excitement.

01. Vietnam

From the bustling streets of Hanoi to the serene landscapes of Ha Long Bay, Vietnam offers incredible value for money, with affordable accommodation, delicious street food, and mesmerizing sights to explore.

Average Accommodation Price: $10-20 per night

Things to do: Explore the bustling streets of Hanoi’s Old Quarter, cruise through the limestone karsts of Ha Long Bay, visit the ancient town of Hoi An, and trek in the terraced rice fields of Sapa.
Best time to travel: November to April (dry season).
Peak tourism season: December to February (cooler weather).
Off-peak season: May to October (rainy season).

calm beach sunset in vietnam

02. Portugal

With its charming cities, stunning coastline, and rich history, Portugal continues to be a budget-friendly gem in Europe, offering affordable accommodations, mouthwatering cuisine, and plenty of free attractions.

Average Accommodation Price: $20-40 per night

Things to do: Wander through the historic streets of Lisbon, explore the colorful tiles of Porto, relax on the beaches of the Algarve, and visit the fairytale castles of Sintra.
Best time to travel: May to September (warm and sunny).
Peak tourism season: June to August (peak summer season).
Off-peak season: October to April (cooler weather, fewer crowds).

coastal city in Portugal

03. Bulgaria

From the cultural capital of Sofia to the breathtaking beauty of the Black Sea coast, Bulgaria is a budget traveler’s paradise, with affordable accommodations, delicious cuisine, and endless opportunities for exploration.

Average Accommodation Price: $15-30 per night

Things to do: Discover the historic sites of Sofia, ski in Bansko or Borovets, explore the Rila Monastery, and relax on the beaches of the Black Sea coast.
Best time to travel: May to September (warm and sunny).
Peak tourism season: July to August (peak summer season).
Off-peak season: October to April (cooler weather, ideal for skiing).

Aerial shot of Roman theatre of Philippopolis

04. Nicaragua

With its pristine beaches, lush rainforests, and vibrant culture, Nicaragua offers incredible value for money, with affordable accommodations, delicious street food, and plenty of free or low-cost activities.

Average Accommodation Price: $10-25 per night

Things to do: Visit the colonial city of Granada, hike up the Masaya Volcano, surf on the beaches of San Juan del Sur, and explore the Corn Islands.
Best time to travel: November to April (dry season).
Peak tourism season: December to February.
Off-peak season: May to October (rainy season).

Volcano on the Ometepe Island, Nicaragua

05. Mexico

From the ancient ruins of Chichen Itza to the stunning beaches of Tulum, Mexico is a budget-friendly destination with affordable accommodations, delicious cuisine, and endless opportunities for adventure.

Average Accommodation Price: $20-50 per night

Things to do: Explore the ancient ruins of Chichen Itza and Teotihuacan, relax on the beaches of Tulum and Playa del Carmen, visit the colonial city of Oaxaca, and taste authentic Mexican cuisine.
Best time to travel: November to April (dry season).
Peak tourism season: December to March (peak winter season).
Off-peak season: May to October (rainy season, fewer tourists).

Picture of Lover’s Beach, Cabo San Lucas

06. Greece

Despite its popularity, Greece remains surprisingly affordable for budget travelers, with affordable accommodations, delicious street food, and plenty of free or low-cost attractions to explore.

Average Accommodation Price: $25-50 per night

Things to do: Explore the historic landmarks of Athens including the Acropolis and Parthenon, relax on the stunning beaches of Santorini and Mykonos, explore the ancient ruins of Delphi and Epidaurus, and enjoy the vibrant nightlife in Mykonos and Rhodes.
Best time to travel: May to October (warm and dry).
Peak tourism season: July to August (peak summer season).
Off-peak season: November to April (cooler temperatures, fewer crowds).

picture of Santorini, Greece

07. Colombia

From the colourful streets of Cartagena to the lush landscapes of the Coffee Triangle, Colombia offers incredible value for money, with affordable accommodations, delicious cuisine, and a wealth of cultural experiences.

Average Accommodation Price: $15-35 per night

Things to do: Discover the colonial charm of Cartagena, hike to the Lost City in the Sierra Nevada, explore the coffee region of Salento, and visit the vibrant capital city of Bogotá.
Best time to travel: December to March, July to August (dry seasons).
Peak tourism season: December to January, June to July.
Off-peak season: April to June, September to November (rainy seasons).

picture of Cocora Valley palm trees in Colombia

08. Thailand

With its stunning beaches, vibrant cities, and rich cultural heritage, Thailand is a budget traveler’s paradise, offering affordable accommodations, delicious street food, and plenty of free or low-cost activities.

Average Accommodation Price: $15-40 per night

Things to do: Visit the temples of Bangkok, relax on the islands of Phuket and Koh Samui, explore the jungles of Chiang Mai, and experience the Full Moon Party in Koh Phangan.
Best time to travel: November to February (cool and dry).
Peak tourism season: November to March.
Off-peak season: April to October (hot and rainy).

Picture of people walking around the grand palace in thailand

09. Romania

From the medieval charm of Transylvania to the stunning landscapes of the Carpathian Mountains, Romania offers incredible value for money, with affordable accommodations, delicious cuisine, and plenty of free or low-cost attractions.

Average Accommodation Price: $10-30 per night

Things to do: Explore the medieval streets of Brasov, visit Dracula’s Castle in Transylvania, hike in the Carpathian Mountains, and discover the painted monasteries of Bucovina.
Best time to travel: May to September (warm and dry).
Peak tourism season: July to August.
Off-peak season: October to April (cold with occasional snow).

picture of Transfagarasan Road, Romania

10. Morocco

With its exotic souks, ancient medinas, and breathtaking desert landscapes, Morocco is a budget-friendly destination with affordable accommodations, delicious cuisine, and plenty of affordable activities.

Average Accommodation Price: $15-35 per night

Things to do: Explore the bustling medinas of Marrakech and Fez, ride camels in the Sahara Desert, visit the blue city of Chefchaouen, and discover the ancient Roman ruins of Volubilis.
Best time to travel: March to May, September to November (mild temperatures).
Peak tourism season: April, October.
Off-peak season: June to August (hot), December to February (cool).

picture of Tinghir, Morocco

11. Cambodia

From the awe-inspiring temples of Angkor Wat to the pristine beaches of Sihanoukville, Cambodia offers incredible value for money, with affordable accommodations, delicious street food, and plenty of free or low-cost attractions.

Average Accommodation Price: $10-25 per night

Things to do: Explore the magnificent temples of Angkor Wat, relax on the beaches of Sihanoukville, visit the bustling capital city of Phnom Penh, and experience the vibrant nightlife in Siem Reap.
Best time to travel: November to April (dry season).
Peak tourism season: November to February.
Off-peak season: May to October (rainy season).

picture of cambodian temple angkor wat

12. Peru

From the ancient ruins of Machu Picchu to the stunning landscapes of the Sacred Valley, Peru offers incredible value for money, with affordable accommodations, delicious cuisine, and plenty of affordable activities.

Average Accommodation Price: $15-35 per night

Things to do: Trek to Machu Picchu on the Inca Trail, explore the Sacred Valley, visit the colonial city of Cusco, and cruise on Lake Titicaca.
Best time to travel: May to September (dry season).
Peak tourism season: June to August.
Off-peak season: October to April (rainy season).

picture of Machu Picchu in Peru

13. Sri Lanka

With its lush tea plantations, ancient temples, and pristine beaches, Sri Lanka is a budget-friendly destination with affordable accommodations, delicious cuisine, and plenty of affordable activities.

Average Accommodation Price: $15-30 per night

Things to do: Visit the ancient city of Anuradhapura, explore the tea plantations of Nuwara Eliya, relax on the beaches of Mirissa, and spot wildlife in Yala National Park.
Best time to travel: December to March (dry season in the west and south), April to September (dry season in the east coast).
Peak tourism season: December to January, July to August.
Off-peak season: May to June, September to November (monsoon season).

Train crossing an ancient bridge in a rural village in Sri Lanka

14. Hungary

From the stunning architecture of Budapest to the charming towns of the countryside, Hungary offers incredible value for money, with affordable accommodations, delicious cuisine, and plenty of free or low-cost attractions.

Average Accommodation Price: $20-45 per night

Things to do: Explore the historic sites of Budapest, relax in the thermal baths, cruise along the Danube River, and visit the picturesque town of Eger.
Best time to travel: April to October (mild temperatures).
Peak tourism season: July to August.
Off-peak season: November to March (cold with occasional snow).

night time picture of the Freedom Bridge on the Danube River in Budapest

15. Ecuador

From the breathtaking landscapes of the Andes to the pristine beaches of the Galapagos Islands, Ecuador offers incredible value for money, with affordable accommodations, delicious cuisine, and plenty of affordable activities.

Average Accommodation Price: $15-35 per night

Things to do: Explore the colonial architecture of Quito, hike in the Andes Mountains, visit the Amazon rainforest, and discover the wildlife of the Galapagos Islands.
Best time to travel: June to September (dry season in the highlands and Galapagos), December to May (warm and sunny in the Amazon).
Peak tourism season: June to August, December to January.
Off-peak season: October to November (rainy season), February to May (wet season in the Amazon).

an aerial picture of Quilotoa crater lake in Ecuador

16. Indonesia

With its stunning beaches, lush rainforests, and vibrant culture, Indonesia is a budget traveler’s paradise, offering affordable accommodations, delicious street food, and plenty of free or low-cost activities.

Average Accommodation Price: $10-25 per night

Things to do: Explore the temples of Bali, hike up Mount Bromo in Java, relax on the beaches of Gili Islands, and dive in Raja Ampat.
Best time to travel: May to September (dry season).
Peak tourism season: July to August.
Off-peak season: October to April (rainy season).

picture of gates of heaven in Bali

17. South Africa

From the vibrant streets of Cape Town to the stunning landscapes of Kruger National Park, South Africa offers a diverse range of experiences, with affordable accommodations, delicious cuisine, and plenty of affordable activities.

Average Accommodation Price: $20-50 per night

Things to do: Explore the vibrant city of Cape Town, visit the iconic Table Mountain, go on a safari in Kruger National Park, and enjoy wine tasting in the Cape Winelands.
Best time to travel: May to September (dry season – wet season in the Western Cape).
Peak tourism season: December to February (summer holidays).
Off-peak season: May to September (winter season, fewer tourists).

picture of Table Mountain in Cape Town

18. Egypt

From the iconic pyramids of Giza to the bustling streets of Cairo, Egypt offers incredible value for money, with affordable accommodations, delicious cuisine, and a wealth of ancient history to explore.

Average Accommodation Price: $15-40 per night

Things to do: Explore the ancient pyramids of Giza, cruise along the Nile River, visit the temples of Luxor and Karnak, and snorkel in the Red Sea.
Best time to travel: October to April (cooler temperatures).
Peak tourism season: December to February.
Off-peak season: June to August (extremely hot weather).

Picture of the pyramids of Giza in Egypt

19. Tunisia

With its ancient ruins, bustling markets, and stunning Mediterranean coastline, Tunisia is a budget-friendly destination with affordable accommodations, delicious cuisine, and plenty of affordable activities.

Average Accommodation Price: $15-30 per night

Things to do: Explore the ancient ruins of Carthage, relax on the beaches of Hammamet, visit the desert oases of Tozeur, and shop in the markets of Tunis.
Best time to travel: April to June, September to October (mild temperatures).
Peak tourism season: June to August.
Off-peak season: November to March (cool and rainy).

Picture of The Great Mosque of Kairouan

20. Bolivia

From the otherworldly landscapes of the Salar de Uyuni to the colonial charm of Sucre, Bolivia offers incredible value for money, with affordable accommodations, delicious cuisine, and plenty of affordable activities.

Average Accommodation Price: $10-25 per night

Things to do: Visit the salt flats of Salar de Uyuni, explore the colonial architecture of Sucre, hike in the Andes Mountains, and discover the wildlife of the Amazon rainforest.
Best time to travel: May to October (dry season).
Peak tourism season: June to August.
Off-peak season: November to April (rainy season).

Picture of the Uyuni Salt Flats with a blue sky as a background

In conclusion, traveling on a budget doesn’t mean sacrificing quality or missing out on unforgettable experiences. With these top 20 budget-friendly destinations for 2024, you can explore the world without breaking the bank, creating memories that will last a lifetime without putting a dent in your wallet. Happy travels!

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