Planning to go on a trip? The best option is to plan your vacation according to your budget. Find out more about the top most expensive and cheapest countries in the world to visit this year

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When planning a trip and choosing a country for a future trip, tourists analyze many factors. However, one of the decisive points when determining a country is the cost of staying in the country. For most people, planning a trip depends entirely on the state of their bank account. Someone is looking for affordable destinations where they can go and have a great time without spending too much money. Other travelers dream of luxurious places and expensive restaurants.

What are the cheapest and most expensive countries to travel and live in? The rating of 2023 is in our material.

Top cheapest countries to visit in 2023

There are many cheap vacation spots in the world. These destinations offer affordable accommodation, cheap food, and plenty of activities and tours to enjoy without breaking the bank.

Find the 7 best countries for Americans to visit here.

Bolivia

Bolivia is one of the cheapest countries in South America to visit. Rich culture, fabulous nature, interesting history and delicious cuisine attract tourists from different parts of the world. You don't have to spend a lot of money on a vacation in the country. Residents of many countries around the world can apply for a visa to the country for free. Bolivia's restaurants are also known for their delicious and affordable food. The average cost of food per day for one person is $14. A night in a hotel will cost from $25 to $100. The average cost of accommodation is $42 per day.

Vietnam

A bright country that must be added to the travel list. This Southeast Asian country is known for its beaches, rivers, Buddhist temples and historical sites. Beautiful traditions, ancient history, diverse culture and natural landscape will enchant you immediately.

One day in Vietnam will cost you $50 - food, drinks, entertainment and hotel accommodation. For a luxurious vacation in Vietnam, prepare $60 to $100 per day.

Thailand

Tropical beaches, royal palaces, temples and ancient ruins make Thailand a popular tourist destination. Thailand is world famous for its spas, beaches, Buddhist temples, nightlife and shopping.

The average cost of accommodation in the country ranges from $20 to $120 - it can be a room in a hotel, hostel, apartment or beach bungalow. The average cost of a main Thai meal in a restaurant is $3-5. Seafood is more expensive.

Turkey

Turkey remains one of the most famous and favorite tourist destinations in the world. Turkey is famous for its traditional tea, carpets, hammams and bazaars. It is impossible to go to Turkey without trying all the delicious desserts and baklava.

Turkey is one of the cheapest countries to travel to. A 7-day trip for individual travelers can cost around $870, while a trip for couples is around $1,400.

The cost of hotels in Turkey varies from $33 to $141 per night. Renting an entire house usually costs between $70 and $390 per night.

Portugal

Portugal ranks third among the safest destinations for tourists and is considered one of the cheapest destinations in Western Europe. Tourists visit Portugal to see the cities, historical sites, beaches and religious sites. A trip to Portugal won't cost a lot of money either. For seven days of travel, you can spend: $1,300 for an individual traveler, $1,900 for a couple and $2,020 for a family of four.

The cost of hotel rooms varies from $45 to $200 per night, with an average of $75.

Delicious food is also available, but to save on food, we recommend that you buy local products such as fresh fruits, vegetables and dairy products.

Top most expensive countries to visit in 2023

Everyone at least once in his life dreamed of moving or going on a trip to a fairyland. Stunning beaches, expensive resorts, luxurious hotels and restaurants, as well as high quality of life - this is all about the most expensive countries in the world.

Bermuda Islands

Bermuda, located in the northern part of the Atlantic Ocean, is recognized as the most expensive place to live and vacation. The main reason for this is that Bermuda is isolated from most countries, so everyday items are mainly imported from the US. Living in Bermuda for one month can cost you up to $2,000, not including rent. A week's vacation here will cost about $2,200.

Switzerland

Switzerland is a small country located in the heart of Europe, it is a popular tourist destination known for its stunning natural beauty, unique cities and rich cultural heritage. However, seeing all this beauty is quite expensive, as the average cost of a one-week vacation in Switzerland is about $3,725.

The country is home to a variety of spa resorts and wellness centers where visitors can enjoy a variety of treatments and activities such as hot springs, saunas and massages.

Japan

Japan is an exciting place that offers visitors both traditional and modern experiences. Cities such as Tokyo and Kyoto are among the most popular attractions in the country. In addition to cities, Japan is known for its amazing natural beauty. The country's many national parks, including Mount Fuji, attract tourists and nature lovers from around the world. The average cost of a one-week vacation: $1,659.

Iceland

Iceland is known all over the world for its stunning landscapes. Glaciers, geysers, hot springs and volcanoes - all this can be seen in Iceland. The country is an ideal destination for travelers seeking adventure and natural beauty. However, such a vacation will be quite expensive - the average cost of a five-day stay in Iceland is $1,919.

Norway

Norway is home to towering mountains, deep fjords and untouched wilderness, making it the perfect destination for travelers seeking outdoor adventure and natural beauty.

One of Norway's most popular attractions is Geiranger Fjord, a UNESCO World Heritage Site that is considered one of the most beautiful fjords in the world. Visitors can explore the fjord by boat or walk along its scenic paths, admiring breathtaking views of the surrounding landscape.

The average cost of a five-day vacation in Norway is $1,392.

Whichever country you choose for your next trip - the most expensive or the cheapest - it is important to take out medical insurance before your trip - because it is a guarantee of safe and economical travel.

Products from Visit World for a comfortable trip:

Travel guide for 200 countries;

Legal advice from a local specialist on visa and migration issues;

Travel insurance around the world (please select the country of interest and citizenship to receive services);

Medical insurance all over the world.

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Find the top underrated countries for unique adventures here.