I’m a Travel Expert: 5 Most Affordable Destinations for Gen Z

According to recent studies, travel is a big priority for Gen Zers despite larger economic concerns. A report from Skift found that many Gen Z travelers are willing to cut expenses in other areas to accommodate their travel needs, and Thrillist reported that 18% of Gen Z travelers will spend nearly 40% of their disposable income on travel.

Gen Z would rather spend money on experiences and travel than materialistic purchases. However, with a typical Gen Zer’s average household income at only around $40,000, many young travelers are seeking ways to save the most money on vacation. Frugal habits of Gen Z travelers include opting for alternative forms of transportation (such as riding the train instead of flying), drinking less and using social media to look for the best deals.

Another way for Gen Z individuals to save money on travel is by knowing which destinations are the most affordable. Jill McElroy is the director of marketing at StudentUniverse, an online travel marketplace that caters to students and young adults. Based on data from StudentUniverse, here are the destinations that McElroy said are the cheapest for Gen Z travelers.

Known for its vibrant nightlife, beautiful beaches and wondrous landscapes, McElroy said Ko Phi Phi is a popular destination for Gen Z.

“Visitors are expected to spend around $512 per person for a one-week trip,” McElroy said. “Hostels across the destination cater toward young travelers for affordable lodging options and street food vendors serve an array of inexpensive Thai cuisine, while a variety of low-cost excursions such as snorkeling, hiking and island hopping provide endless entertainment.”

Albuquerque, where hotels range from $60 to $90 a night, according to StudentUniverse data, is steadily growing in popularity for young travelers.

“From a thriving art scene to stunning desert landscapes, there is an array of budget-friendly activities, including exploring the unique shops in Old Town, hiking the scenic Sandia Mountains or admiring ancient petroglyphs along three self-guided trails in Petroglyph Park,” McElroy said.

Located within the heart of the Andes, Cusco is a highly affordable and entertaining location, according to McElroy.

“Expect inexpensive accommodations ranging from $15 to $60, with many offering free breakfast to guests,” she said. “Dining expenses are relatively low as travelers can eat at local cafes and restaurants for around $5 a meal, and the Cusco Tourist Ticket gives visitors access to 16 attractions around the city for about $40.”

For Gen Z travelers looking for a beach vacation, Myrtle Beach is one of the more affordable locations in the United States. This city has a wide variety of shops and entertainment, including 60 miles of beach that Gen Zers can enjoy at no cost.

“Other activities that cost less than $25 include playing penny arcade games on the Myrtle Beach Boardwalk, exploring the low-cost entertainment offerings at Barefoot Landing and partaking in a round of mini golf at one of several courses throughout the destination,” McElroy said. “Accommodations can be found starting around $60 per night, airfare can average around $77 round trip in the offseason and dining costs can range from $10 to $20 per meal.”

Finally, another travel destination that is one of the most affordable for Gen Z is Budapest, Hungary. Not only is it a cheaper destination, but it is filled with vibrant history and culture.

“Once in the destination, travelers will find that accommodations are inexpensive with hostels ranging from $10 to $15 per night and budget hotels starting at $30 per night,” McElroy said. “Taking public transportation is an easy and convenient way to experience the city with fares at around $1.50. Budapest also boasts an array of free or low-cost attractions like Buda Castle and Fisherman’s Bastion.”

Planning your trip well in advance allows you to avoid the increased costs that come with booking airfare and hotels last minute. Utilizing public transportation systems is a cheaper alternative to taxis or ride-share services and is a great resource for frugal travelers.

Lastly, looking into any free or low-cost activities that can be found at your travel destination is another way to make the most of your trip while not having to spend much extra.

“Many destinations have curated packages where visitors can receive discounted admission on ticket bundles to top attractions and chances are the city also offers free walking tours to give you the lay of the land with a little history and culture mixed in,” McElroy said.