Algarve Is The Best Value Destination In Europe

The strengthening pound and local price changes makes the Algarve the best value destination in Europe.  Bali is the best value in overall of the 70 destinations surveyed by the Post Office Travel Money Worldwide Holiday Costs Barometer.

Spain was the only country to record a significant price increase, with meal costs rising 22% on the Costa del Sol and New Zealand was the most expensive destination surveyed.

Resorts are cheaper in Cyprus, Greece and Italy, the survey found, although Italy remains the most expensive destination in Europe with a basket costing around £81, twice as much as Portugal.

The items surveyed by the Post Office included an evening meal for two, soft drinks, water, a cup of coffee and sun cream.