Budapest has been named the best value city break destination in the Post Office Travel Money’s annual City Costs Barometer. The Hungarian capital beat Riga, last year’s best value destination, based on the cost of meals, drinks, travel, accommodation and sightseeing in the city.
The City Costs Barometer compares 25 city break destinations around the world, and 2013 is the fifth consecutive year that an Eastern European destination has come out on top. Eight of the top ten places were taken by Eastern European countries this year including Latvia, Prague, Czech Republic, Estonia and Lithuania. The Barometer found that Budapest was the cheapest city break costing an average of £134.76 per visit.
Lisbon, Portugal was found to be the cheapest city break destination in the eurozone, costing a wallet-friendly £166.43 per trip, less than half the cost of cities such as Amsterdam and Rome at £344.25 and £305.43 respectively. Turkey and Northern Ireland were also found to be favourably priced with Istanbul costing £211.87 per trip and Belfast costing £218.
American cities proved to be the priciest, with Boston and New York named the two most expensive cities out of the 25 destinations. An average trip to Boston would set travellers back £459.56 per trip while the average trip to New York was found to cost £541.23 per trip
"There are big price variations across Europe - not just in the eurozone. This means UK holidaymakers can make their pounds stretch further by choosing a cheaper capital like Lisbon or Budapest and it seems that many people are doing just that as Post Office sales of Hungarian forint have surged by 141 per cent in the year to date, compared with 2012," said Andrew Brown, or Post Office Travel Money.
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