Do you want your travel budget to last longer? FOREX's latest Vacation Index, which shows how much it costs to vacation in 96 countries compared to Sweden, lists many countries as affordable destinations. There are attractive destinations in our European neighbourhood, but also many Asian countries where it is really cheap to live.
In the list of cheapest destinations, Asian countries dominate the top and top 10. Popular destinations such as Indonesia, the Philippines and Thailand also rank high as cheap. Countries in Europe are slightly lower on the list.
Summer is almost here and many people are planning their summer vacation. Getting out into Europe is the obvious choice for many travelers. European countries are slightly further down the list of popular destinations such as Albania, Bulgaria and the Czech Republic. Countries such as Greece, Cyprus and Croatia end up even further down.
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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.
FOREX Vacation Index shows how much it costs to holiday in 96 different countries compared to Sweden, which has an index of 100. The index compares average prices for, among other things, mid-range or three-star hotels, restaurant visits and taxis. Based on average prices in June 2025.
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.
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.
