How cheap is it? Very. Its largest city -- helpfully named Panama City -- is the world's third-cheapest major city. And it is major! Panama has the fastest growing economy in Latin America, with abundant new restaurants and luxury hotels; it's pretty much the most (and arguably only) truly global/metropolitan city in the region. And still a bunk in a cheap but well-reviewed and centrally located hostel will set you back only $14 per night, while those seeking luxury accommodations can stay at the damn Waldorf Astoria for $149 per. Which is stupid cheap, all things being relative. A public bus ride in the city is just 25 cents. You can eat on the cheap for under $20/day for all three squares if you hit up cafés for breakfast, the beach fish markets for lunch, and restaurants without English menus for dinner. Beers will cost you anywhere from $1.25 to $3 a pop. All in all, you're getting huge bang for your buck -- oh also literally your buck, as US currency is interchangeable with the Panamanian balboa.
Vacation rental prices vary as much as hotel prices. Case in point: A search of one-bedroom vacation rentals in Manhattan during September results in options ranging from $60 per night to $2,800 per night. Vacation rentals are ideal for longer stays (seven nights or more). Many vacation rentals require minimum stays, so if you’re hoping for a weekend getaway, you may have to look elsewhere.
From the blue waters and white sands of Mismaloya to the secluded shores and jade backdrop of Majahuitas, it would be easy to call Puerto Vallarta heaven on earth. But aside from its stunning beaches and natural landscapes, Puerto Vallarta has plenty more for budget travelers. Cruise the Rio Cuale Riverwalk, or tackle a challenging hike through the El Tuito jungle to reach the amazing Yelapa Waterfall.

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Why: When it comes to cheap destinations, you can not beat Thailand. Phuket is a beautiful beach spot that is famously known for nice people, affordable hotels and amazing food. Low season is in the spring and winter. (Don't go during summer because it will rain everyday.) Once in Phuket, head to Patong beach at night: The nightlife is something to see, with loud music and constant entertainment. The next day you should head to Phuket Town. With its colorful buildings, Phuket Town looks like you stepped into Portugal. Stay at Andakira Hotel Patong for under $50 a night. Before you leave Phuket, make sure you take a ferry for around $30 roundtrip to the Phi Phi islands: It's a two-hour boat ride, but so worth it.
Chosen By: Alyssa Ramos, founder of My Life's a Movie and a solo female travel blogger, content creator, entrepreneur and social media influencer who travels the world full time and seeks to showcase unique destinations through her unique photography style and honest, detailed travel tips. Her motto is "Dreams Don't Work Unless You Do." Read about how Ramos went from broke to traveling full-time here.
Why you should go: For all the greedy reasons: Its landscape varies from world-famous Pacific surf beaches to strikingly beautiful inland mountains, you’ll eat the best Mexican food you’ll ever have, the city is packed with pure magic. And for a selfless one: After a brutal past year of political rhetoric in the States, now is a great time to show our neighbors to the south some love. Whatever scant bucks you spend will boost their economy and help preserve the many indigenous cultures that call Oaxaca home. - Tess Rose Lampert, Thrillist contributor
Why:  For an epic adventure that won't break your travel piggy bank, head to the Komodo Islands , named one of the New 7 Wonders of Nature. Most of the islands in Indonesia are incredibly undermined because of how popular Bali is, but Komodo and its surrounding islands are definitely worth a visit. As the name implies, Komodo is the native home of the terrifying mini-Godzillas known as Komodo Dragons. To see them, you go on an incredible boat tour that takes you to a tri-color beach island and swimming with wild manta rays. Getting to Komodo from Bali costs about $40 by boat or $200 for a flight, and accommodation and food is super cheap because, well, it's Indonesia after all.
Why: Encircled by massive stonewalls, this Adriatic gem is hard to resist. With its old-world charm, the city’s streets are paved with limestone giving it a cool feel during hot summer days. Its well-preserved homes and monuments range from baroque St. Blaise Church to renaissance Sponza Palace and Gothic Rector’s Palace. It’s a perfect day excursion when island hopping along the Adriatic coast. Oh, and you won’t want to miss the stunning medieval fortresses, Lovrijenac and Bokar, which tower over Dubrovnik.
Then, sit back and wait. Some (but not all) websites are set up to automatically send a coupon or other offer to people who almost make a purchase but change their minds at the last minute. Coupon values vary dramatically, so you have to know what will be enough to sway you. You might only get a token discount, but it’s not unreasonable to see 10%, 15%, or even 25% off.
Jump on the solo travel trend this winter and visit beautiful Honolulu, Hawaii. Your well-rated hostel is located just two blocks from the famous Waikiki Beach and features free light breakfast and weekly outdoor entertainment. Reviewers especially loved the hostel's staff and the free events that made it easy to meet fellow travelers. What's Included?…
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