Algarve rated as cheapest destination in Europe

The 2021 Post Office Travel Money Holiday Report for 2021 found that Portugal was tops for Brits looking for good value. The Post Office barometer monitors the price of eight tourist items – comprising dinner for two with a bottle of wine, a range of soft and alcoholic drinks, suncream and insect repellent.

As Portugal has opened up for non-essential travel for tourists from the UK, this new survey has deemed the Algarve as the cheapest destination in Europe for Brits to visit.

2021 prices in popular European destinations
2021 prices in popular European destinations

The Holiday Costs Barometer takes into account the prices of eight everyday items with the shopping basket for the Algarve coming to a total of £44.13. The everyday items include a bottle of beer, a cup of coffee, a bottle of water and a glass of wine.

For the fourth year running, Post Office Travel Money research has found that holidaymakers can expect to pay less for meals, drinks and other tourist staples in many of the world’s most popular resorts and cities. The 15th annual Worldwide Holiday Costs Barometer has found that prices have fallen in over three-quarters of the destinations surveyed.

Last January Portugal has topped the charts (5th place) for the best places to live in the 30th Annual Global Retirement Index for 2021.

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