Thailand Proves an Affordable Gem as Iceland Tops 2025 Travel Cost List
A new study highlights sharp contrasts in travel prices for 2025, with Iceland identified as the most expensive destination and Thailand standing out as a budget-friendly option for global visitors. The findings show how currency shifts and inflation shape vacation budgeting for Thai travelers and Southeast Asian visitors.
Researchers from The Forex Complex, summarized for Travel + Leisure, analyzed 19 popular destinations by looking at daily spend on lodging, transport, and meals, along with local inflation and currency movements against the US dollar. In Iceland, 5.5% inflation has driven up prices for hotels, food, and transportation, making trips more costly for inbound travelers even before airfare.