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Holiday Costs Barometer 2015

Prices have fallen across Europe to make it a bargain-hunters’ holiday playground for the second consecutive year.  The annual Holiday Costs Barometer from Post Office Travel Money reveals that tourist staples including meals and drinks are down in 13 of 14 resorts surveyed.


Key findings include:

  • Two years of falling prices mean tourists can expect to pay less than in 2013 in all 14 resorts – with the biggest two-year fall of 44 per cent in Menorca
  • Bulgaria's Sunny Beach is the cheapest destination the second year running
  • Eurozone prices cost least in the Algarve with falls of 22 per cent since last year
  • Paphos in Cyprus is another strong contender and cheapest in the Eastern Med.  Look out for great value too in Crete and Corfu.  All three islands have registered big prices falls and meals cost 25 per cent less this year in Crete.


Holidaymakers can purchase euros over the counter at more than 10,000 Post Office branches, while over 4,000 branches offer Turkish Lira. The other currencies featuring in the City Costs Barometer are available on demand at over 1,600 branches, and up to 70 currencies can be pre-ordered at over 11,500 Post Office branches or online for next day branch or home delivery.




Price Breakdown by Country and City


(Click to enlarge)


(Click to enlarge)


Source: Post Office. Data relates to exchange rates on 17 April 2015.
Prices supplied by National and Regional Tourist Offices of participating countries, except for Bulgaria (Balkan Holidays). Online research was also conducted to cross-check information. 
Header image of Algarve courtesy of the Portugese National Tourism Office.
Article image of Crete couryesy of Greek National Tourism Organisation