Budapest is one of the cheapest cities in the world for an Airbnb holiday

With the cost of living rising around the world, many people are making cutbacks in many areas of their lives, including their holidays. But which cities offer the cheapest prices for food and accommodation, and where can people get more for less?

New research from CIA Landlords Insurance has looked into the average cost of groceries and Airbnbs in OECD capital cities to reveal the true cost of a self-catering holiday around the world.

The table below shows the cheapest 10 cities around the world for an Airbnb holiday:

Some other findings that may be of interest:

• Bern, Switzerland, is the most expensive international city for groceries, costing EUR 48.46

• The most expensive city for an Airbnb is Washington D.C., where an Airbnb for a week here costs EUR 1213.94

Here are the cities where you can get to cheaper by train than by plane from Budapest, details HERE.