Published on
November 15, 2025
As the Christmas season approaches, travelers seeking a budget-friendly break can look no further than the Baltic States, with Vilnius, Lithuania, crowned as the most affordable destination for a two-night Christmas market trip. According to a new study conducted by Post Office Travel Money, Vilnius offers the best value for a holiday filled with festive cheer, beating 14 other European cities in terms of cost. Its position at the top is no small feat, especially given the rising costs in popular holiday destinations across Europe.
The research analyzed a range of expenses associated with a Christmas market trip, including return flights, bed and breakfast accommodations, meals, and refreshments bought at the market stalls. While many European destinations have seen rising prices, Vilnius continues to offer remarkable value, making it the perfect choice for budget-conscious travelers looking to experience a magical European Christmas market without breaking the bank.
Vilnius: The Baltic Capital for Christmas Market Savings
Vilnius, the capital of Lithuania, takes the crown as the most affordable Christmas market destination for 2025. The study found that a two-night break for two people in Vilnius, including flights and accommodation, costs significantly less than in many other European cities. Vilnius not only offers lower prices on everything from meals to festive drinks but also provides a unique, charming atmosphere at its Christmas markets. With its cobbled streets, medieval architecture, and festive decorations, the Lithuanian capital offers a cozy winter escape that won’t leave travelers with a hefty bill.
The analysis also revealed that despite a fall in the value of the British pound against many European currencies, prices in Vilnius have remained competitive, offering significant savings compared to other destinations. In fact, a two-course meal for two at a local restaurant in Vilnius costs just £138, compared to £305 for a similar meal in Copenhagen, making it one of the best deals in Europe for those on a budget this Christmas.
Riga, Latvia: A Close Runner-Up for Budget Christmas Markets
Riga, Latvia’s capital, takes second place in terms of affordability for Christmas market getaways. Just like Vilnius, Riga offers great value for money, with travelers able to enjoy the festive atmosphere of the city’s historic old town and its famous Christmas markets without the hefty price tag associated with many Western European cities. Riga’s low costs for accommodation, dining, and shopping for local holiday treats make it a top choice for those looking to get into the festive spirit without overspending.
Both Vilnius and Riga offer an authentic Christmas market experience, with unique handmade gifts, local delicacies, and beautiful winter scenery. Visitors to these cities can enjoy the beauty of the Baltic region, where the festive season is celebrated with a rich mix of cultural traditions and modern holiday cheer.
Copenhagen: The Most Expensive Christmas Market Destination
While Vilnius and Riga offer outstanding value, other European cities continue to rise in cost, with Copenhagen being the most expensive destination for a Christmas market break. The study found that Copenhagen’s festive offerings, while spectacular, come at a steep price, with travel costs, meals, and market goods far surpassing those found in Vilnius. For example, a dinner for two with a bottle of wine typically costs more than double in Copenhagen than it does in Vilnius, at £305 compared to £138, respectively.
Although Copenhagen’s Christmas markets are renowned for their magical charm, travelers may need to dig deep into their pockets if they choose to spend the holiday season in Denmark’s capital. The city’s high cost of living means that a Christmas market trip can quickly become expensive, particularly for those traveling on a budget.
Berlin and Prague: Shifting Markets and Increased Costs
Some of the more traditional European Christmas market destinations, such as Berlin and Prague, have seen significant changes in price. While Berlin has seen improvements in value, ranking as the “best value Western European city surveyed,” its position has only improved due to a drop in flight and accommodation prices, which have decreased by 22%. This has helped Berlin climb to the eighth spot in the rankings. Despite this, prices are still higher compared to cities like Vilnius and Riga, making Berlin a more expensive option for a holiday market break.
Prague, on the other hand, has seen a sharp rise in prices, with a nearly 50% increase in costs leading the Czech capital to drop from fifth place to 13th. While Prague remains a beloved holiday destination, the sharp rise in prices has made it less accessible for budget-conscious travelers looking for an affordable European Christmas market experience.
Budget-Conscious Travelers: How to Save This Christmas Season
For travelers planning a Christmas market break this year, Post Office Travel Money’s study offers valuable insights into where to get the best value. Laura Plunkett, the head of travel money at Post Office, commented that while a trip to one of Europe’s colorful Christmas markets remains an attractive option for the festive season, it is crucial for travelers to factor in the strength of the pound when considering destinations. As the pound has fallen more sharply against some European currencies, such as the Hungarian forint and Swedish kronor, travelers who are careful with their destination choices can save hundreds of pounds.
For those seeking to get the most out of their Christmas getaway, opting for affordable destinations like Vilnius or Riga can ensure a memorable experience without the financial strain often associated with holiday travel. The Baltic capitals not only offer festive charm but also remain one of the most budget-friendly choices for Christmas market holidays.
Conclusion: Vilnius and Riga Lead the Way for Budget Christmas Getaways
As the festive season approaches, Vilnius and Riga stand out as top choices for travelers seeking an affordable and authentic Christmas market experience. With Vilnius taking the top spot for value, it offers travelers a chance to explore festive markets, enjoy hearty local food, and shop for unique holiday gifts—all without breaking the bank. As Europe’s holiday hotspots grow more expensive, these Baltic cities continue to shine as affordable alternatives for those looking to make the most of their holiday budget.
Whether it’s the twinkling lights of Vilnius or the historic charm of Riga, both cities promise a magical Christmas experience at an unbeatable price, making them perfect choices for a budget-friendly festive escape.
