Total cost per day: $23.37
Bali takes the top spot in this ranking thanks to its unbelievable affordability. Visitors can stay for $11.33 per night and eat at inexpensive restaurants for $2.14 per meal on average — the cheapest costs in each respective categories. Bali is also tied with Panama City for the least expensive local transportation at 25 cents per one-way ticket. And, a three-course meal at a midrange restaurant costs $8.90 per person, which is the second-cheapest price on GOBankingRates’ list.