Cheap Travel: Where Vacationers Can Really Save in 2025

The purchasing power is particularly high in Hungary, Portugal, and Spain. But Italy, Croatia, Greece, and Slovenia also remain comparatively inexpensive for Austrian vacationers. Shopping, on the other hand, is significantly more expensive in Switzerland, the USA, and Great Britain.

Highest Purchasing Power in Hungary and Portugal

"In Hungary, you get about 50 percent more for one euro in the summer of 2025 than in Austria," explains Stefan Bruckbauer, Chief Economist of UniCredit Bank Austria. In Portugal and Spain, the purchasing power gain is around 30 percent, in Greece and Slovenia about 20 percent. In Croatia and Italy, the euro still brings ten percent more.

The situation is different in Turkey: Due to the inflation there, the Holiday Euro is practically worth the same as at home this year – despite previous advantages in past years.

Switzerland and USA the Most Expensive

You get the least for your money in Switzerland – purchasing power there is about a third lower than the Austrian level. In the USA, the Euro is worth around 20 percent less. According to Bank Austria, there are hardly any differences in purchasing power compared to Austria in Germany and France.

Alternative travel destinations are worthwhile

Vacations are significantly cheaper in less frequented countries. In Bulgaria, the Euro is worth 75 percent more, and in Romania 50 percent. In the Czech Republic and Slovakia, the Euro also brings a purchasing power increase of around 30 percent.

Slightly declining "Holiday Euro"

Compared to the previous year, the "Holiday Euro" has slightly lost value overall. "Price increases in some countries were stronger than in Austria," said Bruckbauer. Exchange rate developments could only partially offset this effect. Nevertheless, countries like Germany, France, Italy, Greece, and Spain became "slightly cheaper."

(APA/Red)

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