The 12 Places You Should Visit in 2016 if You're Pinching Pennies

No shame in that game.

When it comes to traveling, money always seems to be the biggest obstacle. But there's a simple solution: plan economically—beginning with your destination.

Considering you have the whole world to choose from, this can seem like a pretty daunting task, but thankfully momondo has done the legwork for us. The travel search site has unveiled its annual list of budget-friendly places for a getaway, based on the following factors: the cost of a taxi ride, one beer, a meal at an inexpensive restaurant and one night in a three-star hotel.

Check out their top 12 picks that won't break the bank below, and see their full report here.

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Podgorica, Montenegro

Undiscovered (for the time being), you'll find peace of mind amidst the country's Old Town district of Stara Varos, which boasts enchanting architecture, winding roads, cafe culture, and ancient mosques.

1 KM Taxi Ride: $0.40

Domestic Beer: $1.60

Meal-for-1 in an Inexpensive Restaurant: $5.40

1 Night in a 3-Star Hotel: $55.20

Granada, Nicaragua

Year-round warm weather, anyone? Between the colonial architecture, activities at Lake Nicaragua, and the dormant Mombacho volcano, there's tons to see and do whether you're a history buff or water sport enthusiast.

1 KM Taxi Ride: $1.20

Domestic Beer: $1

Meal-for-1 in an Inexpensive Restaurant: $6

1 Night in a 3-Star Hotel: $69

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Antigua, Guatemala

Antigua is hot, hot, hot and not just because it's surrounded by volcanoes. Known for its Spanish colonial buildings, it also has its own Central Park, romantic cobblestone streets, working coffee farms, and regional restaurants.

1 KM Taxi Ride: $0.70

Domestic Beer: $2

Meal-for-1 in an Inexpensive Restaurant: $5.80

1 Night in a 3-Star Hotel: N/A

Montevideo, Uruguay

Historical neoclassical architecture, tango bars, water sports, and beachfront discos...you'll have your hands full in Montevideo. Not to mention, it boasts the longest Carnival celebration in the world, starting in late January and ending in early March.

1 KM Taxi Ride: $0.90

Domestic Beer: $2.40

Meal-for-1 in an Inexpensive Restaurant: $10.10

1 Night in a 3-Star Hotel: $67.50

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York, UK

Just two hours outside of London and notorious for its modern medieval feel, York is decidedly lovely. Surrounded by 13th-century walls and filled with Gothic cathedrals, its like one big museum, but with blissful restaurants, cafes, and pubs.

1 KM Taxi Ride: $2.10

Domestic Beer: $4.50

Meal-for-1 in an Inexpensive Restaurant: $18.10

1 Night in a 3-Star Hotel: $113.70

Ashgabat, Turkmenistan

Ashgabat AKA "the city of love" in Arabic had been transforming itself in Las Vegas-like fashion. From over-the-top marble palaces/monuments to the bazaars, its a mostly tourist-free destination that yours for the taking. If you can get a visa, that is.

1 KM Taxi Ride: $0.50

Domestic Beer: $1.80

Meal-for-1 in an Inexpensive Restaurant: $9.30

1 Night in a 3-Star Hotel: N/A

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Jerusalem, Israel

The Old City is one of the world's most sacred places and while it's the number-one tourist destination in Israel, you can pinch pennies by opting for its remarkably-delicious street food and hostels.

1 KM Taxi Ride: $1.40

Domestic Beer: $7.30

Meal-for-1 in an Inexpensive Restaurant: $13.10

1 Night in a 3-Star Hotel: $99

Luang Prabang, Laos

It's impossible not to get in touch with your spiritual side in the former capital of Laos, which is peppered with Buddhist monasteries amongst the city's colonial French architecture. You'll come for the peace of mind, but stay for the mouthwatering Southeast Asian cuisine.

1 KM Taxi Ride: $2.20

Domestic Beer: $0.90

Meal-for-1 in an Inexpensive Restaurant: $2

1 Night in a 3-Star Hotel: N/A

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Udaipur, India

Considered the most romantic part of India, parts of Udaipur (AKA the Venice of the East) have sadly become tourist traps, but if you're a discerning visitor, you'll find the best the city has to offer: old-world architecture, sleepy boat rides on the bank, and ancient bazaars.

1 KM Taxi Ride: $0.20

Domestic Beer: $1.30

Meal-for-1 in an Inexpensive Restaurant: $1.50

1 Night in a 3-Star Hotel: $45.70

Nashville, Tennessee

Live music fills the air early and often all over Music City, and whether you're looking for lessons in its rich heritage at the Grand Ole Opry House or getting down and dirty at a bar-and-barbeque joint, it'll make you feel right at home.

1 KM Taxi Ride: $1.20

Domestic Beer: $4

Meal-for-1 in an Inexpensive Restaurant: $12.50

1 Night in a 3-Star Hotel: $119

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