The World's 10 Most-Visited Cities (And What It Costs to Spend a Day There)

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iStock

Not everyone wants to stay off the beaten path when they’re traveling. Sometimes, you want to see what all the fuss is about. If that's you, look no further than MasterCard's annual Global Destination Cities Index, a ranking of the 162 most-visited cities across the entire world. This year's list, spotted by Lonely Planet, also includes data on how much the average overnight visitor to places like Bangkok (this year's No. 1 destination) and London (No. 2) spends there per day of their trip.

Below are the top 10 most-visited destinations according to the rankings, including how many people visited for at least a night in 2017 and the average money they spent per day they were there. (Despite its origins, the rankings are based on tourism numbers, not data from MasterCard transactions.)

1. Bangkok: 20 million visitors a year ($173 per day)
2. London: 19.8 million visitors a year ($153 per day)
3. Paris: 17.4 million visitors a year ($301 per day)
4. Dubai: 15.8 million visitors a year ($537 per day)
5. Singapore: 13.9 million visitors a year ($286 per day)
6. New York: 13.1 million visitors a year ($147 per day)
7. Kuala Lumpur: 12.6 million visitors a year ($124 per day)
8. Tokyo: 11.9 million visitors a year ($154 per day)
9. Istanbul: 10.7 million visitors a year ($108 per day)
10. Seoul: 9.5 million visitors a year ($181 per day)

Five of the top destination cities are located in East Asia, two in the Middle East, two in Europe, and one in the United States. Cost doesn't seem to be a deciding factor in many visits—Paris, Dubai, and Singapore all make the top five, though they're also the most expensive cities among the top 10.

The fact that Asian destinations see so much visitor traffic isn't terribly surprising considering that East Asia has the fastest-growing tourism industry in the world. According to The Economist, a quarter of the world's tourists head to Asia and the Pacific each year. A good portion of the world's tourists come from within Asia, too—thanks in part to rising incomes, Chinese tourists in particular spend more money traveling the world than anyone else, and account for 21 percent of the world's outbound tourists.

If any of these destinations pique your interest, check out some of our travel-planning tips to help get your itinerary settled. And if your heart is set on heading to Dubai, by all means, check out our guide to putting together an affordable vacation.

[h/t Lonely Planet]

The Reasons Why Iceland Is So Expensive

iStock.com/Leopatrizi
iStock.com/Leopatrizi

More Americans are taking vacations to Iceland, and many are returning home with sticker shock. According to Iceland Magazine, “consumer prices in Iceland are on average 66 percent higher than in Europe,” with costs in the land of fire and ice outpacing famously expensive countries such as Switzerland, Norway, and Denmark.

Just look at the prices for food in Iceland’s capital of Reykjavík: A pre-made sandwich at a grocery store can cost more than $10, while a single teabag (with “free” hot water) can run you $4. A meal for two at a casual restaurant regularly costs in the ballpark of $80 to $100 while a beer at a pub downtown goes for about $12 during regular hours. In other words: Visiting Iceland is sort of like being trapped in an airport ... except this airport has volcanoes.

As for what makes the country so expensive, there’s no single explanation. It’s a combination of politics, economics, and geography.

Let’s start with geography. Since Iceland nearly tickles the Arctic Circle, its climate is not conducive to farming. There are few native crops and the growing season is short. According to a report from the European Consortium for Political Research [PDF], Icelanders produced “64.9 percent of their own food and beverages in 2010.” The rest of that food was imported. The same goes for most other goods.

The cost of importing those products—usually from the UK, Germany, the U.S., and Norway—gets passed on to the consumer. In Iceland, imported sweets and alcohol are slapped with an extra cargo fee and all wheat products are subject to a relatively high tariff. So prepare to shell out for that bread.

The country’s currency also keeps costs high. In 2008, Iceland was plagued by a financial crisis that saw the country’s three banks fail and the value of the national currency, the króna, plummet. But the country has seen a miraculous recovery. Since 2009, the króna has strengthened by a whopping 40 percent against the euro. In 2017, it was deemed the world's best-performing currency. That has caused the purchasing power of the U.S. dollar to decrease.

Taxes also add to the cost. Like most countries, Iceland has a valued-added tax, or VAT. (In the United States, a close equivalent would be the state sales tax.) The VAT for goods in Iceland is 24 percent, while the VAT for foodstuffs is taxed at a discounted rate of 11 percent. For Americans, these tax rates are very high. Most states don’t even charge a sales tax on food at all.

(However, while taxes are a contributor, they are not the cause of high costs in Iceland. Many countries have similarly high VAT rates and are not as expensive. Germany, for example, has a 19 percent VAT—and a 7 percent VAT on foodstuffs—but is home to significantly cheaper groceries than those sold in the United States. It’s also important to know that, as an international visitor, you can get some of your VAT refunded.)

Rather, the biggest contributor to costs in Iceland is the country’s high standard of living. In Iceland, the average pre-tax income is about $60,000, with a median income of about $47,000. (In the U.S., the average income is about $48,150 with a median of around $31,000.)

In Iceland, approximately 92 percent of the country’s working population is part of a labor union. Consequently, people who work jobs that Americans might consider “low-wage”—especially jobs in the service industry—earn much higher wages and enjoy more benefits. In fact, the national monthly minimum wage for most industries is 300,000 ISK, or about $2500 per month. That’s equivalent to $15 an hour. But since employees earn more, customers generally pay more for goods.

And, of course, any tourist complaining about high prices should take a moment to point a finger at the mirror. Since 2010, Iceland has seen tourism multiply fivefold. With a growing number of people competing for a limited supply of goods, prices have continued to rise; the dastardly supply and demand curve strikes again!

How to See a Dozen Presidential Homes in One Road Trip for Less Than $220

George Washington's Mount Vernon Estate
George Washington's Mount Vernon Estate
Drew Angerer, Getty Images

Do you have a passion for travel, American history, and presidential trivia? If so, you may want to start packing your bags now. Wanderu has mapped out three separate road trips that show history buffs how they can visit more than 20 presidential homes and estates across the country, should they choose to combine all three excursions into one mega-trip.

The travel platform has already done the research and legwork, identifying the buses and trains that connect each city on the itinerary, as well as the cost of each. Fortunately, these trips are friendly on the wallet. Transportation would cost about $218 for the East Coast trip, which has the most jam-packed itinerary of the three. The California trip would cost about $93 (unless you choose to drive, which is doable), and a third itinerary that covers the Midwest—it starts in Ohio, dips into Kentucky, and then ends in Iowa—would set you back some $200.

Some of the presidential pads on the list—like George Washington's Mount Vernon home and Ulysses S. Grant's Illinois home—can be toured. Others are private, and thus best admired from a distance. Check out the itineraries below, and visit Wanderu's website for more details.

The East Coast itinerary:
1. Concord, New Hampshire: The Pierce Manse, home of Franklin Pierce
2. Boston: John F. Kennedy's Brookline birth home
3. Hyannis, Massachusetts: The Kennedy Compound, which served as the headquarters of JFK's 1960 presidential campaign
4. Newport, Rhode Island: The Eisenhower House (Bonus: The Hammersmith Farm where JFK and Jackie got married is just down the road)
5. New York City: The Chester A. Arthur House
6. Princeton, New Jersey: The Westland Mansion, where Grover Cleveland lived
7. Lancaster, Pennsylvania: Wheatland, where James Buchanan lived
8. Philadelphia: The Deshler-Morris House, where George Washington camped out when the city was hit with a yellow fever epidemic
9. Washington, D.C.: President Lincoln's Cottage
10. Washington, D.C.: The Woodley Mansion, where both Grover Cleveland and Martin Van Buren lived at different times
11. Alexandria, Virginia: Mt. Vernon, George Washington's estate
12. Charlottesville, Virginia: Monticello, the home Thomas Jefferson designed (and the building on the back of the nickel)

The Midwest itinerary:
1. Canton, Ohio: The William McKinley Library & Museum, where McKinley is entombed in a marble sarcophagus
2. Cincinnati, Ohio: The William Howard Taft Historical Site, which encompasses his former home
3. Louisville, Kentucky: The Zachary Taylor House
4. Indianapolis: The Benjamin Harrison Presidential Site, which includes the president's former home
5. Chicago: Barack Obama's Hyde Park Residence
6. Galena, Illinois: The Ulysses S. Grant Home
7. West Branch, Iowa (near Iowa City): The Herbert Hoover National Historic Site, which includes the cottage where Hoover was born and the blacksmith shop where his father worked

The California itinerary:
1. Los Angeles: Nixon's former home on Whittier Boulevard
2. Los Angeles: Reagan's Westwood Residence
3. Santa Barbara: Rancho del Cielo, where Reagan often vacationed
4. San Jose: The Lou Henry and Herbert Hoover House

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