Best Ways to Save Money While Exploring Touristy Local Markets

Ko Samui, Thailand
Photo by Goh Rhy Yan on Unsplash

Local markets can help you experience a new city in a more authentic light, and they offer everything from local foods to handicrafts and souvenirs. Some of these markets are generally frequented by tourists and they tend to be overpriced, but there are tips and tricks you can use to save some money during your visit.

Set a Budget

Before heading to the market, it’s a good idea to set a budget and stick to it. This strategy will help you keep your impulse purchases under control and avoid overspending.

Browse First

Don’t buy things from your shopping list at the first stall you come across. Take some time to look around so you could compare prices and make the most budget-friendly choice possible.

Bargain Wisely

Bargaining is a pretty common practice at some local markets, so consider renegotiating the prices with vendors, especially if you’re spending a significant amount of money at a single stall.

Skip Souvenir Stalls

Generic souvenirs, such as fridge magnets and keychains, tend to be overpriced at popular markets, so it’s best to buy them away from tourist hotspots if you’re trying to save money.

Focus on Unique Experiences

A visit to a local market is incomplete if you leave it empty-handed, but try to focus on experiences you can’t have elsewhere. Buy local handicrafts and try delicious street foods that the market in question is best known for.