Six best European summer holiday destinations with the lowest inflation

The best European summer holiday destinations with lowest inflation (Picture: Getty)

The cost of living crisis is really putting a dampener on most of our holiday plans.

But if you make your travel choices wisely, it doesn’t have to be.

In fact, we’ve got a round up of six stunning destinations with the lowest rise in inflation in Europe to help you stick to your summer travel budget.

Being money-conscious when choosing your holiday could really help save those extra coins and, interestingly, HomeExchange has named a lesser-known destination as their top cost-effective option.

From World Heritage sites to beer and beaches, there is a holiday here for everyone. Below are some of the recommendations for savvy savers…

Mamer, Luxembourg

Tower of Schoenfels Castle, Mamer, Luxembourg (Picture: Getty Images)

When we think summer holiday, correct us if we’re wrong, but Luxembourg isn’t usually the destination that comes to mind.

But the small European country offers a boat load of charm. Mamer is a small village just 7km from the capital and is surrounded by stunning scenery.

What’s even more beautiful is the prices which have gone down 23% since May 2022. A regular cappuccino costs a sensible £2.60 while a meal for one costs £17.61 in Mamer.

Just when you think it sounds too good to be true, the public transport is totally free.

We don’t know about you but we are booking a flight here as soon as our next paycheque lands.

Brussels, Belgium

Brussels as the sun rises (Picture: Getty Images)

Brussels came second for low inflation destinations and it’s perhaps a little better known than the former.

A haven for beer and chocolate lovers, Belgium is where nearly 1,500 different beers are produced.

The inflation rate sits at 3.3% making it 12.9% cheaper than London – talk about a bargain.

While Belgium’s public transport may not be free, like Luxembourg’s, it costs about £2.13 to get somewhere, rather than London’s £2.70.

A meal for one comes in cheaper than Luxembourg, though, at a price of £13.92 on average.

Barcelona, Spain

The Sagrada Familia basilica in Barcelona (Picture: Getty Images)

Ah, beautiful Barcelona. A perfect place for city break fans and now those wanting to watch their pennies.

The Spanish capital is a healthy 28.1% less expensive than London, with Spain’s inflation rate sat at 3.8%.

Dining for one will cost just £12.18 in contrast to London’s £18.00, a regular cappuccino will set you back £1.87 and local transport fares cost about £2.09.

So, why not get exploring the Santa Maria del Mar Cathedral, El Mercat del Born and the Picasso Museum? There’s plenty to do.

Nicosia, Cyprus

The mosque of Selim in Nicosia, Cyprus (Picture: Getty Images/Photononstop RF)

Coming in fourth on the list for lowest inflation is Nicosia in Cyprus and if you like wine, then this one is for you.

The Mediterranean oasis is known to have the cleanest beaches in Europe and we are keen to see for ourselves.

Inflation there sits just below the 4% mark but it is still incredibly cheap in comparison with our London homestead.

A regular cappuccino will have you forking out £2.81 while a meal will only set you back £10.87 on average.

Local transport is even cheaper, costing you just £1.74, making it a destination that is a whopping 30% less expensive than the UK.

Athens, Greece

Athens, Greece with Lycabettus hill in the background (Picture: Getty Images)

Well if you want a cheap destination to blow you out the water, we’d say Athens is our top pick.

While inflation is up 4.5% it’s still relatively affordable, besides it is home to one of the Seven Wonders.

It’s a much more sensible choice than its Greek counterparts like Mykonos and Santorini.

A meal will cost you about £10.87 (the same as Nicosia), a regular cappuccino is £2.81 and local transport costs a measly £1.04.

That’s a billy bargain for a day trip if you ask us.

Valletta, Malta

Sailing boats on Senglea marina in Grand Bay, Valetta, Malta (Picture: Getty Images)

Last but certainly not least on the list is Malta, nestled between Italy and Libya.

If you want bang for your buck, Malta is home to a whopping ten World UNESCO Heritage sites, so the 6.4% inflation rate is forgivable.

Valletta, the capital, is linked strongly to the Order of St John of Jerusalem. The fortified city was built after the Great Siege of 1565 and has hundreds of monuments throughout making it one of the most concentrated historic sites in the world.

Besides it’s still 11.4% cheaper than London with a meal for one costing £13.92 and a cappuccino costing £2.41.

Local transport is £1.20 which means that you can soak-up all that history and culture for barely anything.

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They’re how much cheaper than London?