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Why Travelling Is Getting More Affordable

Jun 14, 2023

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Core prices may be rising across the board, but if you know where to look, travel is actually getting more affordable. Thanks to bundles, discount packages, and exclusive deals, it's possible to travel relatively frugally – and still see some amazing locations.

Why is travel becoming more affordable? And how can you take advantage of it?

Travel Packages


Thanks to the wide reach of the web and the emergence of new websites and services, we’ve seen a huge boost in the number of inexpensive travel packages available. For example, you can find all-inclusive trips to Cancun and similar cities that allow you to travel, find accommodations, eat, and be entertained, all at a single price. These deals are often aggregated in a way to save you money while simultaneously giving you a fun, stimulating vacation. It reduces all the planning work to the bare minimum without forcing you to sacrifice adventure. If you know where to sniff out the best deals, you can find amazing experiences for very affordable prices.

Accommodation Options


Travel is also getting more affordable thanks to the increased number of accommodation options. Even a decade ago, most travelers were forced to stay in hotels or (in some cases) hostels when traveling to a new land. But thanks to services like Airbnb and room-sharing websites and apps, it's easier than ever to find inexpensive accommodations. If you're willing to bunk with someone else, or share the home of a local looking to make some extra money, you can save hundreds to thousands of dollars on the bottom line cost of your trip.

Low-Cost Areas


If you’re willing to travel internationally, you can find countries with a ridiculously low cost of living. For example, the United States has a cost-of-living index of 72.4, putting it quite high on the international charts, but Brazil’s cost-of-living index is 34.7. India’s is only 22.4.

This may not save you much money on airfare, but it can save you a ton of money during your trip. Almost everything you encounter is going to be cheaper in these types of countries, including food, lodging, entertainment, and material items like clothing. If you're not picky about where you want to travel, start with the safest options near the bottom of the cost-of-living index.

Competition and Reasonable Airfare


Travel costs are coming down in part due to greater competition in the travel industry as well. There are more airline options, and airlines are willing to extend discounts and deals to generate as much revenue as possible. If you're willing to remain patient when planning your trip, you can find surprisingly discounted airline tickets.

Public Transportation Options


In most areas of the world, public transportation is both popular and highly developed. If you're willing to use these public transportation options as your primary way of traveling within a country, you can save a lot of money that you might have otherwise spent on a rented vehicle.

More Frugal Travel Strategies


Travelers are also traveling smarter and more frugally. These strategies have grown to become more popular with travelers in the past decade or so:

  • Traveling during the off-season. Traveling is seasonal. Prices tend to rise in the busy season and fall in the offseason, so if you're flexible on when you travel, you can save money by waiting.

  • Cooking at home. For many people, one of the joys of traveling is going out to eat at interesting restaurants. You can still do this occasionally, but you can save a lot of money if you're also willing to cook most of your food at home.

  • Avoiding tourist traps. While many tourist traps aren't a total waste, they also tend to be expensive. You can get even more out of your travel experiences if you're willing to spend more time with locals, living life the way they live.

  • Minimizing souvenir spending. Souvenir spending isn't as common as it used to be; if you forgo buying trinkets, you can significantly reduce the cost of your trip.


How to Travel on the Cheap


If you want to travel as cheaply as possible, these are the golden rules you'll need to follow:

  • Be flexible. Some areas are cheaper than others. Some travel options are cheaper than others. If you're flexible enough, you can plan an amazing trip with even a modest budget.

  • Be patient. Even if you have a strong travel bug now, it's important to exercise patience when evaluating your options.

  • Cut unnecessary spending. Don’t spend money on things you don’t need (like souvenirs or frequent meals out).


Many aspects of traveling may be getting more expensive, but smart travelers know that a bit of proactive planning and a few compromises can introduce you to much cheaper vacationing options. Keep an open mind as you plan your next trip.

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