Cheapest European Holiday Destinations: Food, Drinks & Hotels Compared! (2026)

Europe's Top Holiday Destinations: A Price Comparison

As the summer sun beckons, many travelers are faced with a familiar dilemma: where to go for the best value? Euronews Business has crunched the numbers to reveal the cheapest and most expensive holiday destinations in Europe, based on a range of goods and services.

The Cheapest Countries

Turkey: The Ultimate Bargain

Turkey emerges as the clear winner in terms of affordability. With a household final consumption expenditure (HFCE) price level index of 59.6, it's a staggering 40.4% cheaper than the EU average. This makes it an ideal destination for those seeking a budget-friendly getaway. From food to accommodation, Turkey offers exceptional value without compromising on quality.

Spain: A Close Second

Spain follows closely behind, with a price level index of 78.4. While it's not as cheap as Turkey, it still offers excellent value for money. The country's vibrant culture, stunning beaches, and delicious cuisine make it a top choice for travelers on a budget.

The Most Expensive Countries

France: The Pricey Choice

France takes the title of the most expensive country among the seven, with a price level index of 100.3. From the cost of dining out to staying in a hotel, France can be a financial burden for travelers. However, it's worth noting that the country's high prices may reflect its reputation for luxury and high-end experiences.

Italy and Italy's Pricey Accommodations

Italy follows France, with a price level index of 110.8. While the country is renowned for its rich history and culture, the cost of accommodation and dining can be a significant expense for travelers.

Hotels and Restaurants: A Price Comparison

Portugal: The Budget-Friendly Choice

When it comes to hotels and restaurants, Portugal shines as the most affordable option. With a price level index of 73.6, it's 26.4% below the EU average. This makes it an attractive destination for those seeking a balance between quality and cost.

France and Italy: The More Expensive Options

France and Italy, despite being the most expensive countries overall, don't fare much better in this category. With price level indices of 116 and 110.8, respectively, they are significantly more expensive than the EU average.

Alcohol and Tobacco: A Price Divide

Turkey: The Most Expensive Alcohol

Alcohol prices tell a different story. Turkey stands out as the most expensive destination for alcoholic drinks, with a price level index of 210.2. This is more than double the EU average. Greece follows closely, with a price level index of 154.

Italy: The Cheapest Alcohol

At the other end of the scale, Italy is the cheapest destination for alcoholic drinks, with a price level index of 81.9. Spain also remains below the EU average, at 90.1.

Turkey: The Cheapest Tobacco

When it comes to tobacco, Turkey takes the prize again. With a price level index of 25.4, it's the cheapest destination for tobacco, far below the EU average. France, in contrast, is the most expensive, with a price level index of 191.1.

Public Transport: A Budget-Friendly Option

Turkey: The Cheapest Public Transport

For those traveling by public transport, Turkey is the clear winner. With a price level index of 68.3, it's 31.7% cheaper than the EU average. France, in contrast, is the most expensive, with a price level index of 112.8.

Seafood Lovers' Paradise

Portugal: A Seafood Delight

For seafood lovers, Portugal offers a delightful surprise. With a price level index of 95.4, it's relatively affordable compared to other southern European countries. Greece, with a price level index of 112.7, is also a good option for seafood enthusiasts.

Conclusion: A Balanced Perspective

In conclusion, Europe offers a diverse range of holiday destinations, each with its own unique charm and price point. While some countries may be more expensive, they often provide a higher level of quality and experience. Conversely, cheaper destinations like Turkey and Spain offer exceptional value without compromising on the fun and enjoyment of a holiday.

As travelers, it's essential to strike a balance between budget and experience. By considering these price comparisons, we can make informed decisions and create memorable vacations that suit our preferences and financial plans.

Cheapest European Holiday Destinations: Food, Drinks & Hotels Compared! (2026)

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