Choosing a Place to Travel based on Cost

Outline

  1. Overvalued and undervalued currencies
  2. Ten common countries in the cheapest countries listings
  3. Least expensive destination in the Eastern Hemisphere
  4. Least expensive destination in the Western Hemisphere
  5. Safety Factor
  6. What do you think of the Leffel quote

Overvalued and undervalued currencies

Using the formula in the Big Mac Index interactive site, how much is the Big Mac overvalued in the most expensive country, and how much is it undervalued in the least expensive? Which countries would be the cheapest for travel, and which would be the most expensive based on this index?

I can�ft see this website, so I use this website. According to website, Russia is -61.2% and Mexico is -53.1%. Therefore, traveling to Russia and Mexico are not expensive. In addition, the reason why I choose those countries is because famous tourism destination has many hotel and fun to travel and safe.

Ten common countries in the cheapest countries listings

Read the Leffel chapter and the other links provided to derive a list of the 10 cheapest countries for travel. Compare this with a more modern assessment at Indie Traveller.

1.Thiland

2.Costa Rica

3.Cambodia

4.Morocco

5.Argentina

6.Mexico

7.Cuba

8.Guatemala

9. S. Africa

10.Vietnam

 

Least expensive destination in the Eastern Hemisphere

MOSCOW $59(hotel)+$814(fright)+food

Least expensive destination in the Western Hemisphere

MEXICO CITY $174(hotel)+$406(fright)+food

Safety Factor

Consider the safety factor in the destination you have chosen. Take a look the Global Peace Index rankings (A ranking of countries based on the Peace Index begins on p. 8.) Which country would be the safest? Where is the United States ranked? Where do your chosen countries rank?

According to the Global Peace Index rankings Iceland is the safest place to travel and Syria is the least safe place to travel. The United States was ranked on the list at number 121. Japan was ranked on the list at number 9.

Russia was ranked on the list at number 154 and Mexico was ranked on the list at number 140, but I think Moscow and Mexico city is famous tourism destination, so I think those place is safe.

What do you think of the Leffel quote:

"You'll learn far more than you ever did at a university.
Remember the old days when people got a liberal arts education? They went to Oxford or Princeton to learn about history, politics, social studies, geography, religion, foreign languages, and economics. Well you'll learn far more about all those things by traveling than you ever can in college. Ask anyone in their 30's how much they remember about these subjects from their university classes. "Not much" will usually sum it up."

I can�ft see Leffel�fs website (The URL You Just Followed to Get Here is not valid.), but I partly disagree that opinion because the class which I take in Japan ( I�fm visiting student from Japan) is relating to the job which I want to be. However, I think I can learn many things from traveling

Submitted by Takanori Ikeda on 2020/02/28.