Traveling doesn’t have to break the bank. With careful planning, budget-friendly destinations, and smart money-saving tips, you can explore some incredible places for under $500 per person. Whether you’re looking for a quick weekend getaway, a cultural adventure, or a relaxing beach escape, there’s a budget destination out there for you. Here are ten destinations where you can enjoy an amazing trip for $500 or less.
1. Mexico City, Mexico
Why It’s Affordable:
Mexico City offers an excellent exchange rate for U.S. travelers, making it one of the most affordable international destinations. Flights to Mexico City are often inexpensive, especially from major U.S. cities like Los Angeles, Houston, and Miami.
What to Do on a Budget:
- Visit Zócalo, the historic main square, where you can explore the Metropolitan Cathedral and ancient Aztec ruins for free.
- Tour Chapultepec Park, one of the largest urban parks in the world, and visit the National Museum of Anthropology for less than $5.
- Indulge in authentic street tacos, which cost as little as $1 each.
How to Stay Under $500:
- Flights: $200–$300 round trip.
- Accommodations: Budget hostels or Airbnbs for $15–$30 per night.
2. Budapest, Hungary
Why It’s Affordable:
Budapest is one of Europe’s most budget-friendly capitals, offering affordable accommodations, food, and attractions. Eastern Europe, in general, is a haven for budget travelers.
What to Do on a Budget:
- Relax at the Széchenyi Thermal Baths for about $20.
- Walk across the Chain Bridge and hike up to Buda Castle for stunning views of the city.
- Try traditional Hungarian dishes like goulash at local restaurants for under $10.
How to Stay Under $500:
- Flights: Use budget airlines like Ryanair or Wizz Air for cheap round-trip flights from European hubs ($100–$150 if connecting from Europe).
- Accommodations: Budget-friendly hostels for $10–$20 per night.
3. San Juan, Puerto Rico
Why It’s Affordable:
As a U.S. territory, Puerto Rico allows American travelers to skip the passport hassle and currency exchange. Affordable flights and free attractions make it a top budget destination.
What to Do on a Budget:
- Stroll through Old San Juan, a colorful, historic district filled with free sights like Castillo San Felipe del Morro and cobblestone streets.
- Hit the beach at Condado or Isla Verde, which are both free.
- Enjoy local dishes like mofongo at casual eateries for under $10.
How to Stay Under $500:
- Flights: $150–$250 round trip from the U.S. East Coast.
- Accommodations: Budget hotels or guesthouses for $50–$75 per night.
4. Cartagena, Colombia
Why It’s Affordable:
Cartagena combines colonial charm with beautiful Caribbean beaches at a fraction of the cost of more famous destinations. Low-cost airlines often offer discounted flights to Colombia.
What to Do on a Budget:
- Explore the Walled City, a UNESCO World Heritage Site, and its vibrant plazas for free.
- Visit Playa Blanca, one of the best beaches in the area, with minimal expenses for transport and food.
- Enjoy fresh seafood and traditional dishes at local restaurants for as little as $5.
How to Stay Under $500:
- Flights: $200–$300 round trip from major U.S. cities.
- Accommodations: Boutique hostels or budget hotels for $15–$30 per night.
5. Hanoi, Vietnam
Why It’s Affordable:
Vietnam is one of Southeast Asia’s most affordable countries. Hanoi, its capital, offers a rich cultural experience at rock-bottom prices for food, transport, and activities.
What to Do on a Budget:
- Wander through the Old Quarter, where you can enjoy street performances and browse markets for free.
- Visit the Ho Chi Minh Mausoleum and surrounding landmarks for minimal entrance fees.
- Feast on local delicacies like pho and banh mi for $1–$3.
How to Stay Under $500:
- Flights: From Asia, budget carriers like AirAsia offer round-trip flights for as low as $100. (U.S.-based travelers may need to combine this with a separate flight to Asia.)
- Accommodations: Hostels and budget hotels cost $10–$20 per night.
6. New Orleans, Louisiana, USA
Why It’s Affordable:
New Orleans offers incredible cultural experiences without hefty costs. Affordable flights and a range of budget-friendly accommodations make it perfect for a short getaway.
What to Do on a Budget:
- Enjoy live music in the French Quarter or along Frenchmen Street for free.
- Stroll through Jackson Square and admire the street artists and performers.
- Dine on iconic dishes like po’boys and beignets for under $10.
How to Stay Under $500:
- Flights: $100–$200 round trip from most U.S. cities.
- Accommodations: Budget motels and guesthouses for $50–$75 per night.
7. Bangkok, Thailand
Why It’s Affordable:
Thailand’s low cost of living makes Bangkok an ideal budget destination, especially for first-time visitors to Southeast Asia.
What to Do on a Budget:
- Visit Wat Arun and The Grand Palace for $5–$15.
- Shop at the Chatuchak Weekend Market, where you can buy souvenirs and eat street food for just a few dollars.
- Take a boat ride along the Chao Phraya River for less than $1.
How to Stay Under $500:
- Flights: Budget airline deals from other parts of Asia often cost $100–$200 round trip.
- Accommodations: Guesthouses and hostels for $10–$25 per night.
8. Lisbon, Portugal
Why It’s Affordable:
Lisbon is one of Europe’s best-value destinations, with affordable flights, delicious food, and free or cheap attractions.
What to Do on a Budget:
- Ride the historic Tram 28 for less than $5 to explore the city.
- Visit landmarks like Belém Tower and Jerónimos Monastery for free or a small fee.
- Enjoy traditional Portuguese meals, like bacalhau and pastel de nata, for $10 or less.
How to Stay Under $500:
- Flights: $250–$300 round trip from major U.S. cities during sales.
- Accommodations: Budget hostels or shared apartments for $20–$40 per night.
9. Montego Bay, Jamaica
Why It’s Affordable:
Montego Bay combines stunning beaches with reggae culture and affordable prices. Flights from the U.S. East Coast are often budget-friendly.
What to Do on a Budget:
- Relax at Doctor’s Cave Beach, a beautiful spot with minimal entrance fees.
- Explore local markets and sample authentic Jamaican jerk chicken for $5–$10.
- Visit Sam Sharpe Square, a historic area with free attractions.
How to Stay Under $500:
- Flights: $200–$300 round trip from the U.S.
- Accommodations: Budget guesthouses or hostels for $30–$50 per night.
10. Tulum, Mexico
Why It’s Affordable:
Tulum offers a blend of beautiful beaches, Mayan ruins, and eco-friendly stays at budget-friendly prices.
What to Do on a Budget:
- Explore the Tulum Ruins, perched on cliffs overlooking the Caribbean, for a small entrance fee.
- Swim in nearby cenotes like Gran Cenote for less than $10.
- Enjoy delicious tacos and fresh seafood from local vendors for under $5.
How to Stay Under $500:
- Flights: $200–$300 round trip to Cancun, then a short bus ride to Tulum.
- Accommodations: Budget hostels and eco-lodges for $20–$40 per night.
Budget Travel Tips to Stay Under $500
- Book Flights Early: Use tools like Google Flights and Skyscanner to find the best deals and set alerts for price drops.
- Travel During Off-Peak Seasons: Avoid holidays and peak travel times to score lower prices on flights and accommodations.
- Use Budget Airlines: Be prepared to travel light and save on airfare by flying with budget carriers.
- Stay in Hostels or Guesthouses: These accommodations offer comfortable stays at a fraction of hotel prices.
- Eat Like a Local: Skip expensive restaurants and enjoy street food or casual eateries for authentic meals.
- Plan Free Activities: Research free or low-cost attractions and take advantage of walking tours, public parks, and beaches.
Traveling on a budget doesn’t mean sacrificing incredible experiences. With careful planning and these affordable destinations, you can enjoy memorable adventures without breaking the bank. Where will you go next?