Dreaming of the most beautiful islands in the world, but the reality of your savings account isn’t exactly cooperating? Don’t worry—there’s plenty of beauty to behold without breaking the bank.
The price of airfare notwithstanding, there’s a good chance that one of the following island destinations will meet even the most modest budget.
Of course, for the absolute best prices, you’ll want to plan your travel during off-peak times and get creative about lodging, food, and transportation options. Fortunately, many of these islands offer less-expensive alternatives to resorts (such as homestays and hostels), are easy to navigate without a car (whether that means renting a bicycle or making use of mass transit), and have plenty of affordable dining options, so long as you look beyond the touristy restaurants. In fact, you can thoroughly enjoy most of them for less than $100 a day—and you won’t even feel like you’re missing out, as many of the most popular attractions and sights are often free of charge.
1. Grand Bahama Island, The Bahamas
As the northernmost of the 700 islands of the Bahamas, Grand Bahama dishes up plenty of budget-friendly activities alongside its white-sand beaches. Visiting Lucayan National Park, whose stunning 40 acres are home to both beloved Gold Rock Beach and one of the largest charted underwater cave systems in the world, is an affordable adventure. Meander around Port Lucaya Marketplace to experience a Junkanoo performance by day and dance to Bahamian music at night, and enjoy the public (read: free) Fortune and Lucaya beaches. There are even hotel options under $80 a night.
2. Madeira, Portugal
Though closer to mainland Africa, Madeira is a territory of Portugal known for its rugged mountains, lush landscapes, and award-winning wine. Visitors can find hotel rates starting at $85 a night, and enjoy plenty of low-cost activities: paddling around the volcanic Porto Moniz natural swimming pools, admiring the never-ending views from various observation points around the island, and going on a Levada walk along the centuries-old irrigation channels. No wonder it’s been called the “Hawaii of Europe.”
3. Dominican Republic
Looking for one of the least expensive Caribbean islands? The Dominican Republic is full of affordable surprises. First, the beaches are gorgeous and there are more than 200 to choose from (favorites include Playa El Morro, Playa Rincon, Playa Juan Dolio, and Playa Macao). In Santo Domingo, stroll around Zona Colonial, a UNESCO World Heritage and the historic heart of the country’s capital. Here, you’ll find castles, cathedrals, cobblestone streets, and cafés around every corner. During the low season (summer), you can find hotel deals starting at $33 a night.
4. Sri Lanka
Even on a shoestring budget—think: $25-50 a day per person—Sri Lanka manages to serve up an excellent vacation. Since the South Asian island country is one of the largest tea producers in the world, start with a tea factory tour or explore the tea plantations on a peaceful hike. Taking a train ride through the hills from Kandy to Badulla or from Colombo to Galle is a scenic and affordable way to see the countryside. Of course, there are plenty of beaches, thanks to the country’s 830 miles of coastline; stop by Unawatuna to lounge in sunbeds and swim, Weligama for surfing, or Mirissa for whale sightings.
5. Koh Tao, Thailand
Sunsets don’t get much more magical than on Koh Tao, in the Gulf of Thailand. This free entertainment is a nightly ritual for many visitors, and Sairee Beach is the place to be as the sun dips below the horizon. Another feast for the eyes that’s free of charge? Checking out the island’s street art scene, with its full display of colorful murals. Street food here will likely cost just a few dollars per meal and lodging in private dormitory rooms (with a shared bathroom) may be as low as $10 a night.
6. US Virgin Islands
While you might think the three main islands of the USVI—St. Thomas, St. John, and St. Croix—only offer luxury resort accommodations, there’s plenty of budget lodging to be had as well. For instance, visitors can become one with the area’s beautiful nature by camping at the Cinnamon Bay Beach & Campground within the Virgin Islands National Park, which encompasses two-thirds of St. John and nearly all of Hassel Island. Also free to visit is Point Udall on St. Croix, the easternmost point in the United States. Plus, each island features plenty of food stands serving up large portions of deliciously low-cost meals.
7. Isla Holbox, Mexico
Just north of Mexico’s Yucatan Peninsula lies Isla Holbox—but don’t let its translation of “Black Hole” scare you off of this budget-friendly island (the name comes from the dark water in the mangroves). Spend your days birdwatching the 350 different species in the area, exploring the colorful architecture, and grabbing seafood and margaritas at neighborhood hot spots. Don’t miss the bioluminescent waters here, which are visible under a dark sky with no moonlight. You can see the small and walkable town on foot, or rent a golf cart for a few hours.
8. St. Kitts
Another Caribbean favorite, St. Kitts (part of a dual-island nation with Nevis) is the ultimate affordable tropical paradise. With numerous beaches boasting free access—including Cockleshell Bay and its view of Nevis, Half Moon Bay for great bodysurfing, and secluded Banana Bay with swaying coconut trees—you could easily enjoy a whole day without spending a penny. When hunger strikes, hit such food stalls as The Coal Pot and Plantistique Cuisine for a bite to eat. And you’ll find inexpensive lodging options at Royal St. Kitts Hotel and Sugar Bay Club.
9. Siargao, Phillipines
Best known as a surfer’s paradise, Siargao emanates a laid-back vibe with prices to match. In fact, Cloud 9 surf break is lauded as one of the best surf spots in the world. Rent a surfboard and take a lesson from a local instructor, zone out on the white, sandy beaches, and visit the Magpupungko tidal rock pools to go cliff jumping or for a swim. The island offers homestay options with local families or dormitory-style hostels for the most affordable accommodations. For lunch and dinner, look for street food stalls serving up local dishes at mealtimes.
10. Puerto Rico
This unincorporated U.S. territory is rich in history and culture, and a great way to enjoy the Caribbean without a passport. Home rentals are an affordable lodging option away from the higher-priced hotels, and Old San Juan is a very walkable city, which means you can skip the car rental. Stroll along the cobblestone streets, shop for handcrafted souvenirs, and visit the old forts (Castillo San Cristobal is a UNESCO World Heritage Site). The beaches and waterfalls are free to enjoy, and small food stalls and restaurants beyond the touristy areas are the perfect choices for dining on a budget.