Fuerteventura offers the best value winter sun break for British families this year, according to an annual TripAdvisor cost comparison study conducted by independent research firm, Ipsos.

Fuerteventura, one of the Canary Islands and named Spain’s best rated island in the 2014 TripAdvisorTravellers’ Choice Islands awards, offers travellers a choice of almost 180 hotels, over 1,000 holiday rentals, almost 700 restaurants and over 300 attractions.

A week’s holiday for a family of four in Fuerteventura will only set you back £525, which is more than seven times cheaper than the price of the most expensive destination for a winter sun break at £3,952 in Turks and Caicos, home to the number one Caribbean island in the 2014 TripAdvisor Travellers’ Choice Islands Awards, Providenciales.

The results were taken from TripAdvisor’s TripIndex Winter Sun 2014, an annual report that compares the cost of a holiday in 29 winter sun destinations around the world. The study takes into account the cost of a week’s stay in a two bedroom holiday rental, one week’s car hire, basic self-catering groceries and dinner at a restaurant including drinks for a family of four this winter travel season (15 December – 31 March).

The Canary Islands are a clear winner for families this year as three are named in the top 10 most affordable destinations: Fuerteventura, Lanzarote and Tenerife. The Caribbean emerges as the most expensive part of the world, laying claim to five of the ten most costly destinations.

When it comes to accommodation prices across the popular winter sun destinations, Turks and Caicos has the most expensive average rate for a week’s stay in a two bedroom holiday rental, coming in at £3,624. For the price of one week in a holiday rental in Turks and Caicos, a family of four could have over 10 weeks in Goa, India with a holiday rental there costing just £352 per week.

Tenerife is the cheapest destination to get around as the cost to hire a car for a family of four for one week comes in at £89 – around four times less than in St Lucia where hiring a car for a week will set a family back £351.

Goa is revealed as the cheapest place for a bite to eat and drink at just £21 for a dinner out for four, £1 for two soft drinks and £3 for two pints of beer. Dinner in the Cayman Islands is the most expensive at £86 while Dubai is priciest for drinks with two beers costing £22 and two soft drinks £6.

For families wanting to stock up the holiday rental with some groceries, the best value destination for a loaf of bread is Mauritius, where a family could buy ten loaves at 29 pence each for the price of one loaf in the most expensive destination, Turks and Caicos, where a loaf of bread costs £3. For a pint of milk, Goa and Gran Canaria offer the best value at 31 pence while Barbados is the most expensive at £1.57.

According to TripAdvisor Flight Search, a flight from London to Fuerteventura, searched at the time of this release for travel in February 2015 (mid-way through the winter travel season), would cost a family of four £91 per person[i]. Check TripAdvisor Flight Search to compare prices on flights for any of the destinations listed in the TripIndex Winter Sun study.

“This year’s TripIndex Winter Sun results reveal that families seeking the best value break from the British winter weather should head to the Canary Islands. However, for those looking for something a bit more exotic a bargain can also be found in Goa and Grenada,” commented James Kay, TripAdvisor spokesperson.

“Of course even in more costly destinations, families can find more affordable options by price comparing on TripAdvisor.  Families can visit the TripAdvisor destination pages (for example TripAdvisor Turks and Caicos) and the TripAdvisor Travel Forums for information to help them plan their trip in line with their budget,” James continued.

Best value TripIndex Winter Sun destinations:

Most expensive TripIndex Winter Sun destinations:

Prices over £1 have been rounded to the nearest pound.

[i] Based on a non-stop economy flight from all London airports on 1^st – 8^th February 2015 for two adults and two children under 10 years old. Price per person is the average of all passengers and includes senior and children