Dominican Republic Among Most Affordable International Destinations According To New Study

Last Updated 3 months ago

As international travel costs surge by a significant 25% compared to 2022, travelers are bracing themselves for what could be one of the most expensive summer seasons on record.

According to a recent report from travel insurance company Squaremouth, the average expenditure per trip now exceeds a staggering $7,800.

With this dramatic increase in travel expenses, budget-conscious travelers are actively seeking out more cost-effective destinations.

And fortunately, among the multitude of options, a select few are shining as some of the most budget-friendly choices worldwide.

In the same report, Squaremouth unveiled the top 10 most affordable destinations worldwide right now, and it’s no surprise that the Dominican Republic has earned a prominent position, claiming the fifth spot.

Beyond the country’s iconic coastlines and luxurious all-inclusives, its affordability is undoubtedly a crucial aspect of its growing popularity as the ultimate Caribbean getaway.

So, let’s now explore why the Dominican Republic is a fantastic choice for budget-savvy travelers looking for a Caribbean getaway and why it offers visitors great value for their money.

What Makes The Dominican Republic So Affordable

The first and most obvious reason behind the Dominican Republic’s affordability is simply the value of their currency, the peso.

For instance, while one Mexican peso is equivalent to approximately $0.059 USD, the Dominican Republic peso holds a value of about $0.018 USD, providing travelers with exceptional value for their money.

Beyond the currency exchange rate, competitive hotel rates significantly contribute to the country’s popularity as an affordable destination.

Surprisingly, even the all-inclusives, typically considered on the pricier end of the spectrum, deliver excellent value for the price.

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This holds particularly true for all-inclusives in Punta Cana, where nightly rates can fall within the range of $100 to $160 USD, positioning them as some of the most affordable in the country and even in the wider Caribbean region.

In fact, all-inclusive packages here can often cost $500 less than those in the Bahamas or Jamaica.

Of course, you should probably not expect a personal butler or other similar luxuries at these budget-friendly resorts.

But with access to unlimited food and drinks, room service, entertainment, beach and pool areas, and various other amenities, it’s still a fantastic deal for what you’re paying.

Finally, the Dominican Republic’s improved air connectivity, thanks to airlines like Copa, Wingo, and Avianca expanding their routes to the country, is contributing to more affordable access than ever before.

Moreover, the country is actively looking to enhance local air competitiveness through an open skies agreement with the US, which would reduce flight costs even further.

A Collection Of Value-Packed Experiences

While staying at your Punta Cana all-inclusive and just lounging on the beach might be tempting, you’d be missing out on the area’s numerous fascinating attractions.

Fortunately, there are numerous excursions available to experience the Dominican Republic’s natural beauty, local cultural attractions, or simply have fun – all without breaking the bank.

While a typical excursion is priced approximately at $60 to $120 USD per person, you can find several excursions priced at $50 USD or less.

These include cultural trips and adventure activities like dune buggying, zip-lining, and parasailing in Punta Cana, offering fantastic experiences without straining your wallet.

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Moreover, you can opt for multi-activity excursions, allowing you to book several of these adventures on the same day.

Besides being a more convenient option in terms of logistics, booking multi-activity excursions is also more cost-effective than booking each activity separately.

And don’t think these affordable options are exclusive to Punta Cana.

For instance, in Samaná Bay, you can enjoy the iconic whale-watching tour for as low as $45 USD. Meanwhile, a guided tour of the historic colonial zone of Santo Domingo often costs around $20 USD.