Do you want your travel funds to last longer? FOREX's latest Holiday Index, which shows what it costs to holiday in 96 countries compared to Sweden, lists many countries as affordable destinations despite the relatively weak Swedish krona. There are attractive destinations in our European neighbourhood, but also many Asian countries where it is really cheap to live.
At the absolute top of the list of the cheapest destinations, there are several Asian countries. India, with an index of 24 compared to Sweden's 100, is the cheapest country to holiday in. Other countries in the region that top the list are Indonesia (28), Vietnam (30) and Nepal (31). Thailand (32) is also a popular destination, which in this year's holiday index is among the 10 cheapest.
Cheap vacation trips are usually found in countries with lower prices according to the FOREX Vacation Index. Especially in Eastern Europe, parts of Asia and Africa, you can experience fantastic culture, nature and food - at a cost that is significantly lower than in Sweden.
The FOREX Vacation Index shows that popular countries such as France, Spain and Italy generally have a higher price level. However, this does not mean that it is expensive throughout the country - there are often affordable travel destinations outside the most tourist-dense regions.
To travel affordably and cheaper, a little research will go a long way to finding countries and areas with good prices for accommodation, food and activities. Keep track of your travel budget with a mix of cash travel currency for everyday payments and cards for larger expenses such as hotels. Use flight comparisons to find cheap tickets and book activities in advance. You can also read more about costs and price levels in different countries on our travel page.
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At the top of the list of most expensive travel destinations are Bermuda, Monaco and the Cayman Islands. Iceland, Switzerland and Ireland also make the list as significantly more expensive than at home.
Summer is almost here and many people are planning their summer vacation. Getting out into Europe is the obvious choice for many Swedes, but as long as the Swedish krona is weak, it will be noticeable in the wallet. If you still want to go to euro countries, Greece (78), Portugal (83), Spain (86) or Cyprus (86) are the most affordable countries. For the most affordable destinations within Europe with other currencies, you should aim for North Macedonia (39), the summer-popular Bulgaria (50), or the Turkey (51) that is so famous for Swedes, which tops the list.
To Asia, the trip itself costs a little more, but here are the most affordable destinations. Indonesian Bali (28) has a dry season in April to September. During the summer, you can look forward to sun and snorkeling thanks to a little wind and clear water. The islands off the east coast of southern Thailand - Koh Samui, Koh Madsum and Koh Phangan - are also nice during the Swedish summer months. There may be some rain on the guaranteed long and beautiful beaches, but it is almost always as short-lived as it is refreshing.
Based on average prices early 2024
It is worth mentioning that even if a destination has a low index overall, some costs may still be higher compared to a country with a higher index. In India, for example, a fast food visit can cost more than it does in Malaysia, for example. This means that indices should only be seen as an indication of price levels.
An index shows a price trend and compares price levels over a certain period. This means that price changes on, for example, hotels, restaurant visits and taxis can affect the index over time.
