The Inflation-Beating Cheap Holiday Destinations In 2024

Planning your summer getaway but worried about rising costs? We've got great news for you! We’ve crunched the numbers to reveal that prices for family holidays have stabilised, increasing significantly less than the Consumer Price Index (CPI) over the last 12 months.

We dug into TravelSupermarket data to compare prices for all-inclusive holidays in August 2024 with those in August 2023 across 20 popular destinations. It reveals that prices have increased on average by just 1.57%, which is 1.63% lower than the average inflation rate in the 12 months leading to March 2024.

Meanwhile, out of the 20 destinations analysed, 8 holiday hotspots emerged that have seen prices drop year-on-year – that’s despite the UK’s high inflation rate.

So, if you're on the hunt for an affordable holiday that won't break the bank, these eight budget-friendly destinations are the perfect blend of sun, sea and savings.

1. Costa Dorada, Spain – 9.57% drop

With package holiday prices down by a whopping 9.57%, Costa Dorada in Catalonia is a top choice for budget-conscious travellers.

This beloved destination has long been a favourite among UK holidaymakers, and it's easy to see why. The region boasts miles of golden sandy beaches, charming seaside towns like Salou and Cambrils, and the thrilling PortAventura World theme park, perfect for family fun.

Foodies will love the delicious Catalan cuisine, while history buffs can explore the nearby city of Tarragona, which is known for its impressive Roman ruins.

2. Antalya, Turkey – 8% drop

Turkey's Antalya region has become a go-to spot for all-inclusive package holidays, and with prices down 8% in 2024, it's an unbeatable choice this summer.

The region's sparkling coastline is dotted with pristine beaches and luxurious resorts, offering endless opportunities for relaxation and indulgence.

Venture beyond the resorts to explore ancient ruins like the Aspendos Theatre and the Perge Archaeological Site or take a day trip to the Düden Waterfalls for a breathtaking natural wonder.

3. Rhodes, Greece – 5.49% drop

The beautiful island of Rhodes has seen prices drop by 5.49%, saving you an average of £53.67.

This Greek gem is steeped in history, with a UNESCO-listed old town that's a fascinating blend of medieval architecture and ancient ruins.

Beyond the historical sites, Rhodes has picturesque villages, pretty beaches and crystal-clear waters perfect for swimming and snorkelling.

4. Egypt – 2.58% drop

Egypt's holiday prices have decreased by 2.58%, making it an even more attractive destination for those seeking ancient wonders, vibrant culture and sun-soaked beaches.

The resort town of Sharm El Sheikh, located on the Red Sea coast, is a popular choice for all-inclusive holidays, with luxurious accommodation, world-class diving and a vibrant nightlife scene.

Alternatively, head to Cairo for the iconic Pyramids of Giza and a bustling capital where you can immerse yourself in the country's rich history and culture.

5. Lanzarote, Spain – 2.27% drop

This Canary Island favourite has seen prices drop by 2.27%, making it an excellent choice for a budget-friendly holiday.

Lanzarote’s unique volcanic landscapes are an explorer’s dream, punctuated by black-sand beaches and lush green valleys, and the island's main resorts, Puerto del Carmen and Playa Blanca, offer a wide range of accommodation.

Don't miss the opportunity to visit Timanfaya National Park, where you can see the island's volcanic heat in action. At the El Diablo restaurant, chefs harness the geothermal heat from the volcano to cook delicious meals right before your eyes.

HL Club Playa Blanca Hotel

Playa Blanca, Lanzarote, Spain
28 August 2025
All-inclusive
From Stansted

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6. Malta – 1.08% drop

This Mediterranean archipelago is an underrated gem, boasting a rich history that spans over 7,000 years and, in 2024, a 1.08% decrease in holiday prices.

The capital city of Valletta, a UNESCO World Heritage site, is a must-visit for its stunning baroque architecture and historic fortifications.

Beyond the history, Malta is all about beautiful beaches, crystal-clear waters and vibrant nightlife.

7. Menorca, Spain – 0.58% drop

With prices down by 0.58%, Menorca is another fantastic option for a budget-friendly Spanish getaway.

This laidback Balearic Island is known for its pristine beaches, picturesque towns and unspoiled natural beauty.

Put the charming town of Ciutadella on your itinerary for its cobblestone streets and historic buildings or hit up one of the island's many coves and beaches for plenty of opportunities to swim, snorkel and relax.

8. Fuerteventura, Spain – 0.54% drop

Fuerteventura has seen a modest price drop of 0.54%, but it still offers excellent value for money.

Famous for its endless sandy beaches, turquoise waters and year-round sunshine, this Canary Island is a perfect beach holiday destination. Stay in Corralejo or Caleta de Fuste, for a wide range of accommodation options and activities, from watersports to golf courses.

For a unique experience, visit the Corralejo Natural Park, where you can explore Fuerteventura’s rolling sand dunes and spot local wildlife.

*Please note: The research looked searches from 24 February – 24 March 2024 for family holidays to top 20 destinations departing in August, compared to the same data during the same period in 2023.