The Post Office has released its annual Holiday Money report, putting 36 global destinations to the test to show where you can get the most bang for your buck in 2022. Read on to find out which are the best-value and which are the most expensive of them all...
Planned your summer holiday yet? If you’re thinking of going abroad but want to know where your money will stretch the furthest, you’re in luck: the Post Office Holiday Money Report 2022 is here.
The annual study looked at the cost of eight popular tourist items in 36 global destinations, aiming to find which were the cheapest and most expensive. The items included in the calculation were: a cup of coffee, a bottle of beer, a can of coke, a glass of wine, a bottle of water, suncream, insect repellent and a three-course meal for two.
At the top of the list was Turkey’s Marmaris region, where the items cost just £26.13 in total. Sunny Beach in Bulgaria came a close second, with a total cost of £26.19, while Portugal’s Algarve was in third place.
Meanwhile, Reykjavík came out as the most expensive, with the items costing an eye-watering £158.16 in total. Bridgetown in Barbados and Jumeirah, Dubai were the second and third most expensive respectively.
Of the top 10 cheapest holiday hotspots, seven were in Europe, while locations in the USA, South Africa and Kenya also made the cut. What’s more, prices were lower than last year in nine of the top 10.
Here are the 10 cheapest:
|
|
Destination |
Total cost of eight tourist items |
|
1 |
Marmaris, Turkey |
£26.13 |
|
2 |
Sunny Beach, Bulgaria |
£26.19 |
|
3 |
Algarve, Portugal |
£44.39 |
|
4 |
Cape Town, South Africa |
£53.23 |
|
5 |
Paphos, Cyprus |
£56.44 |
|
6 |
Costa del Sol, Spain |
£59.56 |
|
7 |
Mombasa, Kenya |
£61.30 |
|
8 |
Funchal, Madeira |
£64.05 |
|
9 |
Sliema, Malta |
£65.35 |
|
10 |
Orlando, USA |
£67.01 |
And here are the 10 most expensive:
|
|
Destination |
Total cost of eight tourist items |
|
1 |
Reykjavík, Iceland |
£158.16 |
|
2 |
Bridgetown, Barbados |
£156.74 |
|
3 |
Jumeirah, Dubai |
£132.73 |
|
4 |
St John, Antigua |
£123.36 |
|
5 |
Chinatown, Singapore |
£119.19 |
|
6 |
Darwin, Australia |
£115.00 |
|
7 |
Rodney Bay, St Lucia |
£112.04 |
|
8 |
New York, USA |
£108.24 |
|
9 |
Vancouver, Canada |
£106.26 |
|
10 |
Puglia, Italy |
£105.99 |
Holiday destinations with big price changes
Thanks to the strength of the pound against many currencies, Brits travelling abroad are likely to get more for their money in around half of the destinations surveyed this year. In particular, prices have fallen by 15.4% year-on-year in Corfu, Greece, by 11.8% in Phuket, Thailand and by 6.5% in Darwin, Australia.
However, holidaymakers should also bear in mind that some destinations have become significantly more expensive. In Sri Lanka, prices have risen by more than a quarter year-on-year, while in Cancun, Mexico they're up by 22%.
As always, be sure to check the Foreign, Commonwealth & Development Office website for the latest advice, including information about entry requirements, including visas, and COVID-19 testing.