Twice the price of Spanish resort for basket of goods

Twice the price of Spanish resort for basket of goods

 

Despite pinning its hopes on tourism to help beat the economic crisis, Cyprus is still unable to compete with Spain when it comes to the price of a basket of goods, the latest UK Post Office Survey reveals.

A new Post Office Travel Money Self Catering on a Shoestring report, carried out with Cosmos Travel, into the costs of self-catering abroad found that the Spanish destinations surveyed – Costa Blanca, Lanzarote, Menorca and Majorca – were all significantly cheaper than Corfu, Crete, Dalaman in Turkey and Limassol.

In fact, at £97.28 (€113.88), the shopping basket in Limassol – the most expensive destination out of those surveyed – was almost twice as expensive as it was in the Costa Blanca, which clocked in at £48.70 (€57.00).