Cruising on a budget: how to save money without missing out

19 minute read|Published: August 6th, 2026

Budgetting for a cruise

A cruise holiday offers unparalleled value, bundling accommodation, dining, and entertainment into one seamless package. For the savvy traveller, however, there are always opportunities to stretch the budget further without sacrificing the quality of the experience.

From choosing the right time to sail to making smart decisions onboard, a few simple strategies can lead to significant savings. This guide offers expert advice on how to enjoy a magnificent cruise holiday while keeping costs firmly in check.

The allure of waking up to a new horizon each day is a powerful one, yet many potential cruisers are deterred by the perceived expense. The key is to understand where costs lie and how they can be managed. With careful planning and an insider’s perspective, a luxury cruise can become an affordable reality. By looking beyond the headline price and delving into the details, travellers can unlock exceptional value and create lasting memories. This involves thinking about everything from the initial booking to daily onboard spending.

Book at the right time

Timing is everything when it comes to securing a great cruise deal. The industry operates on a system of supply and demand, and prices fluctuate accordingly. One of the most effective ways to save money is to book during the ‘wave season’, which runs from January to March in the UK. During this period, cruise lines release their most attractive offers to fill ships for the year ahead. These deals often include reduced fares, complimentary cabin upgrades, and generous onboard spending money.

Alternatively, last-minute bookings can yield substantial discounts. If travel dates are flexible, waiting until a few weeks before departure can be a rewarding strategy. Cruise lines are keen to sail with a full ship and will often reduce prices significantly to sell any remaining cabins. This approach requires a degree of spontaneity and is best suited to those without fixed holiday plans. Keep an eye on cruise travel agent websites and sign up for newsletters to stay informed about late availability offers.

Last minute booking

Choose your cruise line and ship wisely

Not all cruise lines are created equal when it comes to price. Brands like MSC Cruises, Royal Caribbean, and P&O Cruises are known for offering excellent value, with a wide range of amenities included in the fare. These lines often operate larger, newer ships packed with features like water parks, climbing walls, and spectacular evening shows, all of which are included in the price. This makes them a fantastic option for families and those seeking a holiday with plenty of built-in entertainment.

Conversely, older ships within a fleet can be a source of hidden value. While they may not have the latest high-tech attractions, they often sail fascinating itineraries and offer a more traditional, intimate cruise experience at a lower price point. For travellers who prioritise the destination over onboard bells and whistles, booking a cruise on a classic vessel can be a very smart financial move. Researching the ship and its onboard offerings before booking is crucial to ensure it aligns with holiday expectations.

Be smart about your cabin choice

The type of cabin selected has a major impact on the overall cost of a cruise. An inside cabin, with no window, is typically the most affordable option. While it lacks a sea view, modern inside cabins are comfortable, well-designed spaces, and some even feature virtual balconies with real-time ocean views. For travellers who plan to spend most of their time exploring the ship and destinations, an inside cabin is a practical way to save a considerable amount of money.

Many cruise lines also offer ‘guarantee’ cabins. By booking a guarantee, the cruiser is assured a cabin in a specific category, such as an inside or balcony room, but the exact location is assigned by the cruise line closer to the sailing date. This allows the cruise line to manage its inventory efficiently, and the saving is passed on to the passenger. While it means giving up control over the cabin’s location, it can result in a free upgrade to a better cabin or a more desirable part of the ship.

Save on drinks and dining

Food and drink can be a significant extra expense on a cruise. Most cruise lines offer drinks packages that cover everything from soft drinks to premium spirits for a fixed daily price. For those who enjoy several drinks throughout the day, these packages can offer excellent value and peace of mind. However, it is important to calculate whether the daily cost is justified based on personal consumption habits. Some lines, such as P&O Cruises and Marella Cruises, include select drinks or offer more affordable packages, so it is worth comparing these when choosing a cruise.

Most meals are included in the cruise fare, with a fantastic choice of complimentary dining venues, from sprawling buffets to elegant main dining rooms. However, cruise ships also feature speciality restaurants that carry an extra charge. These venues, such as The Glass House on P&O Cruises ships or the steakhouses on Royal Caribbean vessels, offer a more refined, restaurant-style experience. While they are a wonderful treat, sticking to the complimentary dining options is a simple way to keep the budget in check. The quality and variety in the main dining rooms are often so high that many cruisers feel no need to pay for alternatives.

Are drinks packages good value for money?

Plan your own shore excursions

Shore excursions organised by the cruise line are convenient but often come at a premium price. A significant saving can be made by planning and booking activities independently. In popular ports like Barcelona or Rome, it is often easy to explore on foot or use public transport to reach major attractions. Researching the port in advance and creating a personal itinerary is not only cheaper but also allows for a more flexible and authentic travel experience.

For destinations further afield, local tour operators often provide similar excursions to those offered by the cruise line at a fraction of the cost. Websites like Viator and GetYourGuide are excellent resources for finding and booking independent tours. It is crucial, however, to ensure that any independent tour allows plenty of time to return to the ship before its scheduled departure. The ship will not wait for late passengers on private tours. For this reason, for ports where the attractions are a long distance away, a ship-sponsored tour can be the safer, more stress-free option.

Barcelona with friends

Your guide to a budget-friendly cruise

Embarking on a cruise does not have to mean breaking the bank. By adopting a few clever strategies, from booking at the right time to being mindful of onboard spending, travellers can enjoy all the magic of a cruise holiday for less. It is about making informed choices that align with personal priorities, ensuring that every pound spent delivers maximum value. With a little planning, the world’s most spectacular destinations are well within reach.

Top tips

  1. Book your cruise during the wave season (January to March) for the best deals
  2. Consider a last-minute booking if your travel dates are flexible
  3. Choose value-focused cruise lines like MSC Cruises or P&O Cruises
  4. Opt for an older ship in the fleet for more interesting itineraries at a lower cost
  5. Save money by booking an inside cabin or a ‘guarantee’ cabin
  6. Purchase a drinks package if it suits your consumption habits
  7. Dine at the complimentary restaurants included in your cruise fare
  8. Plan and book your own shore excursions to save on premium costs
  9. Use public transport or explore on foot in ports where possible
  10. Always ensure you have plenty of time to return to the ship on independent tours
Ed Deane - Founder, Choose A Cruise