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Price Resources for the Cheapest Travel Destinations

cheapest places to travel

$15 in London, $1 in India

Where are the cheapest places to travel in the world? And how does City A compare to City B? How well does perception match reality?

World's Cheapest DestinationsEvery few years I put out a new edition of the book you see to the right and if you’re about to embark on a year-long trip around the world, it’s the best $9 (e-book) or $16 (paperback) you’ll invest in your journey. It’ll give you rundowns on the best bangs for your buck around the world, as well as a quick overview of why you’d go there. It has real prices on what an average person can expect to spend as a backpacker or mid-range traveler in the cheapest places to travel that are worth visiting.

Beyond that though, if you just want to compare Vienna to Prague, or Chiang Mai to Hanoi, there are a couple of other good resources out there I use as a gut check now and then when working on articles or for media interviews.

Numbeo for Wisdom of the Crowd

The first is called Numbeo.com and it’s a crowdsourced platform where people input costs so the system can come up with averages. It’s not perfect of course since it’s dependent on volunteers to take time out to enter data, but close enough for ballpark numbers. They’ve had nearly 145,000 people put info in as I write this.

What I really like about it is it puts things in a ratio perspective, using New York City as 100. You find out, for instance, that renting an apartment in Nicaragua is a 10 on that scale of 100. So if you live in Manhattan and move to Managua, you’ll probably be able to get a place that would cost your $5,000 a month in New York for $500. On the other hand, you definitely do not want to move to Norway or Switzerland unless you’re getting a transfer and a huge raise:many of their cities are above 150 on the scale. Here’s a rundown from most expensive to cheapest.

This site is to compare living expenses though, so while it’s good to see what you’re in for if you want a better life for half the price, the data is mostly populated by expatriates and residents upper-crust enough to enter info in English. So you get some odd skewed results from people trying to live a first-world life in a country that may not have a huge selection of imported items for reasonable prices. Thus the outliers that look expensive but really aren’t for most people, like Caracas, Venezuela. Go to the other end and 24 of the 25 cheapest cities are in India and after that you start getting into some of the other places featured in my book. like Nepal, Indonesia, and Bolivia.

Take it all with a dose of skepticism though. No way in hell that Puerto Vallarta and Durban are cheaper than Cuenca and Plovdiv. It’s good for getting a general sense though of apartment prices, food prices, and what a taxi will cost you. To give you an idea, here’s the rundown on Medellin, Colombia.

Cheapest Places for Backpacker Travelers

While Numbeo wants to know what a lot of things cost, the PriceOfTravel.com site is aimed at backpackers trying to find the best deal. So here’s the basket of goods and services they used to compare A to B on their backpacker index:

A dorm bed at a good and cheap hostel
3 budget meals
2 public transportation rides
1 paid cultural attraction
3 cheap beers (as an “entertainment fund”)

There are inherent flaws in this one too of course, like the beer cost not mattering if you don’t drink and the “hostel” part being pretty meaningless in a country where most everyone gets a private hotel/guesthouse room since it’s so cheap. Some places you walk everywhere and never need public transportation, others may require expensive taxi rides to get anywhere you really want to go.

Pokhara Nepal

The very cheapest backpacker destination?

Again though, as a basic guide it’s pretty good, with 14 of their 15 cheapest being places I cover in my book. Sri Lanka is borderline cheap from what I’m hearing, but if I haven’t been there, so I could be wrong. Here’s their list, with a daily budget amount.

Pokhara, Nepal – US$14.32
Hanoi, Vietnam – $15.88
Chiang Mai, Thailand – $17.66
Goa, India – $18.25
Ho Chi Minh City, Vietnam – $18.27
Kathmandu, Nepal – $18.46
Vientiane, Laos – $21.38
Delhi, India – $21.38
Luang Prabang, Laos – $21.71
Bangkok, Thailand – $21.78
Phnom Penh, Cambodia – $21.95
La Paz, Bolivia – $22.24
Quito, Ecuador – $22.30
Hoi An, Vietnam – $23.26
Colombo, Sri Lanka – $23.87

There’s a clear focus on cities, as you can see. There are far cheaper places than Delhi in India and far less expensive destinations than Quito in Ecuador, but hey, they’ll be a happy surprise when you get there.

When you click on an individual city, what you get is excellent: not just detailed price ranges, but also weather patterns, attraction prices, and a quick overview. Here’s the one from Budapest.

Like I said at the beginning, my book only features 21 countries and you’ll likely explore destinations that are your wish list that aren’t so cheap. But using these two sites, you can figure out that Australia is going to cost you far more than Canada, that London is more than double the price of Istanbul or Seoul.

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John Elkins

Thursday 22nd of May 2014

Ever use Xpatulator.com to compare places to live? It costs to get a analysis done... but they have a free quarterly list of the cost of living in almost 800 cities.

Penelope

Sunday 18th of May 2014

Love that Chiang Mai is third cheapest on the latter list ... just love that place to death!

Marie @ Budgeting for Travel

Saturday 17th of May 2014

These would be a very great help for the travelers especially the first timers. Thanks for the listing the 15 cheapest being places in your book! By the way, did you have a chance to visit Philippines?