Budapest is one of the cheapest cities in the world for an Airbnb holiday

With the cost of living rising around the world, many people are making cutbacks in many areas of their lives, including their holidays. But which cities offer the cheapest prices for food and accommodation, and where can people get more for less?

New research from CIA Landlords Insurance has looked into the average cost of groceries and Airbnbs in OECD capital cities to reveal the true cost of a self-catering holiday around the world.

The table below shows the cheapest 10 cities around the world for an Airbnb holiday:

Index

Country

Capital city

The total cost of a food shop (EUR)

Average price of an Airbnb for 1 week (EUR)

1

Colombia

Bogota

17

234.96

2

Turkey

Ankara

18.05

248

3

Lisbon

Portugal

19.76

789.71

4

Poland

Warsaw

20.54

456.86

5

Madrid

Spain

21.31

848.45

6

Riga

Latvia

22.82

398.12

7

Tallinn

Estonia

22.85

496.01

8

Ljubljana

Slovenia

23,77

659.19

9

Bratislava

Slovakia

23.86

456.86

10

Budapest

Hungary

23.95

476.44

Some other findings that may be of interest:

  • Bern, Switzerland, is the most expensive international city for groceries, costing EUR 48.46

  • The most expensive city for an Airbnb is Washington D.C., where an Airbnb for a week here costs EUR 1213.94

Here are the cities where you can get to cheaper by train than by plane from Budapest, details HERE.

Source: