When you hear "dream vacation," you probably picture exotic islands, famous landmarks, and maybe even a luxury experience or two. But here’s the thing that nobody tells you enough—dream vacations don’t have to come with a sky-high price tag. You can travel the world and have life-changing adventures without wiping out your savings. The key? Knowing where to go.
Luckily, we’ve done the heavy lifting for you by rounding up some incredible budget-friendly destinations from every corner of the globe.
1. Chiang Mai, Thailand
Chiang Mai, tucked away in Thailand’s northern mountains, is a backpacker’s dream. Why? It offers rich cultural experiences and countless activities, all at a ridiculously low cost.
What to Do:
- Visit the ancient temples, like Wat Phra Singh and Wat Chedi Luang, with entry fees often no more than $1.
- Feed elephants at ethical sanctuaries. Prices for tours can range from $40-$50 (and the experience is worth every baht).
- Trek through lush jungles or take a day trip to the rolling rice terraces in the countryside.
- Where to Eat:
- For just $2 to $3, grab traditional dishes like Khao Soi (a rich curry noodle soup) at local markets. Hunt down Chang Phueak Night Market for street food that tastes like five-star dining.
Where to Stay:
Cozy guesthouses and hostels can be found for as little as $10 per night. Slightly splurge for a boutique hotel at $30 per night, and you’re still ahead.
2. Budapest, Hungary
While much of Western Europe can deplete your travel budget quickly, Budapest offers the charm and beauty of Europe for half the cost. It’s a city filled with Gothic architecture, thermal baths, and energetic nightlife.
What to Do:
- Relax in the famous Széchenyi Thermal Baths for less than $25. It’s basically a spa day on a budget.
- Walk the Chain Bridge and explore both the Buda and Pest sides of the city. Buda Castle offers panoramic views for just a few dollars.
- Cruise along the Danube River at night to see the city lights glimmering against the historic buildings. Many tours cost only $10.
Where to Eat:
Hearty Hungarian meals like goulash or chimney cake can be yours for under $5 in cafes and street markets. Keep an eye out for hole-in-the-wall spots, which usually serve the most authentic dishes.
Where to Stay:
Hostels start around $12 a night, and highly-rated budget hotels will cost you about $30-$40. It’s proof that you can stay centrally without paying a fortune.
3. Medellín, Colombia
Gone are the days when Medellín was overshadowed by its past. Now, it’s known as the “City of Eternal Spring” because of its perfect weather, and it’s becoming increasingly popular with budget-conscious travelers.
What to Do:
- Hop on the city’s innovative cable cars; they’ll take you high over colorful neighborhoods, and the ride costs less than $2.
- Check out Comuna 13, a district famous for its stunning street art and vibrant history. Free walking tours are available if you’re looking for a local perspective (tips encouraged).
- Escape to Guatapé, a day trip destination where you can climb the iconic Peñol Rock and kayak on the lake. Tours are often under $30.
Where to Eat:
Feast on Bandeja Paisa, a Colombian specialty dish loaded with meats, beans, and rice, for about $4. Medellín’s street vendors also serve arepas (corn pancakes) for less than a dollar.
Where to Stay:
Find cozy hostels starting at $8 a night or boutique hotels for under $40. Many accommodations in Medellín include breathtaking views of the city’s surrounding mountains.
4. Hoi An, Vietnam
Few places are as magical and, frankly, as photogenic as Hoi An. This ancient town in Vietnam is not only supremely atmospheric but also one of the cheapest destinations in Asia.
What to Do:
- Wander the lantern-lined streets of the Ancient Town, a UNESCO World Heritage Site. Entry fees to the entire area are just $6.
- Take a cooking class to learn how to make authentic Vietnamese dishes like banh xeo or pho for around $20 per class.
- Book a bike tour through nearby rice paddies or beaches. Rentals cost as little as $1 per day!
Where to Eat:
Hoi An is a foodie paradise, and roadside vendors serve banh mi sandwiches for just $1. Cao Lau noodles, another local specialty, are a must-try and cost no more than $2.
Where to Stay:
Charming guesthouses and boutique hotels can routinely be found for $15-$25 per night. That often includes breakfast!
5. Cape Town, South Africa
Cape Town feels like its own little universe. It’s a city where mountains, beaches, and vineyards collide to create unforgettable experiences, all for travelers on a variety of budgets.
What to Do:
- Hike Table Mountain or take a cableway ride for some of the most jaw-dropping views around. Entry is free if you hike and approximately $20 for the cableway.
- Take a scenic road trip along Chapman’s Peak Drive or visit Boulders Beach to see the iconic African penguins. Entry fees for national parks are budget-friendly.
- Wander through Kirstenbosch Botanical Gardens for $5. It’s like stepping into a natural wonderland.
Where to Eat:
Though Cape Town boasts world-class eateries, its casual cafe and market scene is where you’ll find serious value. Indulge in South African specialties like bobotie or bunny chow for around $5-$7 at a neighborhood spot.
Where to Stay:
Hostels in Cape Town start as low as $15, while boutique guesthouses in trendy neighborhoods like Woodstock or Gardens are often $40-$50.
6. Lagos, Portugal
Affordable Beach Bliss in EuropeLagos isn’t just about golden beaches; it’s also home to dramatic cliffs, historic streets, and jaw-dropping caves. It’s one of Southern Europe’s most budget-friendly seaside towns.
What to Do:
- Explore Ponta da Piedade, a cliffside area with breathtaking views. Hike along the edges for free or take a boat tour to see the caves (tours start at $20).
- Lounge on Praia do Camilo, a stunning beach that’s free to access and feels straight out of a postcard.
- Wander through Lagos’ Old Town, where the narrow cobblestone streets feel like stepping back in time.
Where to Eat:
You’ll find amazing seafood dishes like grilled sardines or cataplana for under $10 at family-run restaurants. For snacking, look out for custard tarts (pastéis de nata) that cost about $1 each.
Where to Stay:
Lagos has hostels for around $15 per night, while cute Airbnbs or small guesthouses hover around $40.
