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World's Most Overpriced Travel Destinations

by , SmarterTravel Staff - February 8, 2014
Bora Bora Beach (Photo: Thinkstock/iStock)

(Photo: Thinkstock/iStock)

Think of your vacation budget. Now add a few zeros. Excellent, now you're ready for the world's most overpriced travel destinations, places with tremendous appeal and intimidating price tags. But here's the good news: Great deals do exist in every one of these destinations. We've rounded up some of our favorite ways to save in each, so you can avoid overspending in these priciest of hot spots.

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To determine which cities are most overpriced, we looked to recent reports including UBS CIO Wealth Management Research's Prices and Earnings report, Hotels.com's Hotel Price Index, and Expatistan's Cost of Living Index.

Oslo, Norway

Like the most opulent cities in the Middle East, Oslo's wealth is fueled by oil money. So it's not entirely surprising that Norway's capital is, according to the Prices and Earnings report, the most expensive city in the world. If you want to enjoy the best of cosmopolitan Oslo, expect to pay prices that are about 20 percent higher than you'd find elsewhere in Western Europe. And keep in mind that this is a city where goods and services are nearly 70 percent higher than the world average, a fact that burns a fast hole in travelers' wallets.

Do It for Less: VisitOslo.com has a guide for budget travelers that includes tips on finding affordable accommodations, cheap eats, and free things to do.

Read the Entire Story: World's Most Overpriced Travel Destinations.

Follow Christine Sarkis on Google+ or email her at editor@smartertravel.com.

 
 
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