17 Most Affordable and Cheapest Islands for Budget Travelers, Plus Money-Saving Tips

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Dreaming of a tropical island getaway? You don’t have to break the bank to experience paradise! From the Caribbean to Europe, Southeast Asia to Africa, we’ve compiled a list of 17 cheap islands to visit. Get ready to soak up the sun, dive into turquoise waters, and explore breathtaking landscapes, all while saving money.

1. Kauai, Hawaii



Known as “The Garden Isle,” Kauai offers affordable island bliss in the USA. Snag cheaper flights between March and June, and explore the island’s natural wonders for free. Immerse yourself in lush landscapes, stunning beaches, and hiking trails that showcase Kauai’s beauty.

Money-Saving Tip: Opt for budget accommodations and indulge in inexpensive local eats.

2. Koh Phi Phi, Thailand

A must-visit while island-hopping in Thailand, Koh Phi Phi impresses with its turquoise waves and tropical cliffs. Stay in hostels for less than $10 per night and enjoy cheap partying, dining, and boat tours around the islands.

Money-Saving Tip: Travel off-season for better deals and fewer crowds.

3. Ios, Greece

For budget travelers seeking a party island, Ios in Greece is the place to be. Enjoy the vibrant nightlife, beautiful hikes, and wallet-friendly accommodations, making it ideal for young backpackers.

Money-Saving Tip: Explore the island’s natural beauty by hiking instead of pricey tours.

4. Isla Mujeres, Mexico



A tiny yet diverse island, Isla Mujeres offers cheap ferry rides from Cancun. Snorkel in coral reefs, explore Mayan ruins, and spot marine life while keeping costs low. Volunteer opportunities can also help you save money.

Money-Saving Tip: Venture on foot to explore the island, and try street food for affordable meals.

5. Puerto Rico

With rainforests, beaches, and a historic Old Town, Puerto Rico combines adventure and relaxation. Wander through colorful San Juan, hike in El Yunque Rainforest, and marvel at bioluminescent plankton for a memorable experience.

Money-Saving Tip: Consider volunteering in exchange for accommodations and unique experiences.

6. Zanzibar, Tanzania

Escape to Zanzibar, an Indian Ocean archipelago near Tanzania. Discover pristine beaches, enjoy cheap hostel stays, and explore Stone Town’s historic sites. Engage in volunteer work and live on the island with minimal costs.

Money-Saving Tip: Visit local markets for affordable eats and souvenirs.

7. Isle of Skye, Scotland

Embrace Scotland’s rugged beauty on the Isle of Skye. Hike through enchanting landscapes, marvel at rock formations, and visit picturesque waterfalls. Rent a car or join a guided tour for a budget-friendly exploration.

Money-Saving Tip: Pack warm clothing and prepare for free outdoor activities.

8. Turks and Caicos



Turks and Caicos, an Atlantic Ocean archipelago, offers an idyllic tropical getaway. Book budget-friendly hotels or apartment rentals, enjoy pristine beaches, and snorkel in turquoise waters for an affordable vacation.

Money-Saving Tip: Stick to free activities like beach lounging and snorkeling.

9. Sri Lanka

Located in the Indian Ocean, Sri Lanka enchants with its temples, beaches, and tea plantations. Explore free attractions, embark on scenic train rides, and consider work exchanges for unique experiences.

Money-Saving Tip: Volunteer as a yoga teacher or web developer for accommodation savings.

10. Utila, Honduras

Dive into Utila, an affordable island paradise in Central America. Snorkel or dive amidst stunning coral reefs, stay in budget-friendly hostels and immerse yourself in local markets.

Money-Saving Tip: Shop at local markets and indulge in street food for affordable meals.

11. Phu Quoc, Vietnam

Vietnam’s largest island, Phu Quoc, offers a budget-friendly escape. Discover affordable hostels, savor delicious street food, and enjoy free activities like lounging on Long Beach or exploring the Floating Village Rach Vem.

Money-Saving Tip: Opt for budget accommodations and explore the island by motorbike.

12. Madeira, Portugal

Madeira, a Portuguese archipelago, combines affordability with diverse landscapes. Hike through forests, explore cliffs and volcanic formations, and embrace nature without draining your wallet.

Money-Saving Tip: Take advantage of affordable accommodations and cook your own meals.

13. Bermuda



Though not a budget destination, Bermuda offers free attractions for cost-conscious travelers. Enjoy postcard-worthy beaches, hike to lighthouses, and wander around colorful Hamilton. Find affordable flights from the USA.

Money-Saving Tip: Explore the island’s natural beauty through free activities.

14. Gili Trawangan, Indonesia

Located near Bali, Gili Trawangan offers affordable accommodation options, delicious street food, and stunning beaches. With low costs for food, transport, and accommodation, this Southeast Asian gem won’t break the bank.

Money-Saving Tip: Stay in budget-friendly hostels and enjoy inexpensive local cuisine.

15. Ometepe, Nicaragua

Discover Ometepe Island, situated in Lake Nicaragua. Hike volcanoes, explore waterfalls, and experience the island’s laid-back atmosphere. Engage in work exchanges to learn new skills and save money on accommodation.

Money-Saving Tip: Volunteer at eco farms or permaculture projects for unique experiences.

16. Key West, Florida

If you prefer a budget-friendly US island, Key West in Florida is an excellent choice. Accessible via cheap flights, Key West offers colorful buildings, stunning beaches, exciting nightlife, and various volunteering opportunities.

Money-Saving Tip: Explore the island on foot or by bike to save on transportation.

17. Malta

As one of the best affordable Mediterranean islands, Malta blends history, culture, and beautiful beaches. Discover unique landmarks, explore temples, and enjoy budget-friendly accommodations.

Money-Saving Tip: Engage in work exchanges to immerse yourself in the local culture while saving money.

By choosing these cheap islands to visit and employing our money-saving tips, you can embark on a memorable island adventure without breaking the bank. Enjoy the sun, sand, and experiences while keeping your budget intact. Bon voyage!

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About the Author: Jenny Kristy

Spice Seeker, Recipe Weaver, Nomad Chef |With a passport bursting with stamps and a pantry overflowing with global spices, Jenny Kristy isn't just a cook, she's a culinary nomad. Her travels fuel her passion, transforming exotic flavors into recipes that tantalize and transport. She weaves magic in her kitchen, sharing her adventures through meals that whisper of Marrakesh markets and Tuscan trattorias. From teaching sushi to whipping up Moroccan masterpieces, Jenny ignites wanderlust and connects cultures, one delicious bite at a time.

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