No, in 2026, Lebanon is no longer considered a "cheap" destination for most travelers and is actually ranked as one of the most expensive Arab nations to live in, following Kuwait and Qatar. While the local currency has seen massive fluctuations, the economy has effectively "dollarized," meaning prices for tourism services—such as hotels, car rentals, and upscale dining in Beirut—are often comparable to major European cities. A meal at a mid-range restaurant in Beirut can easily cost $20–$40 per person, and a cocktail at a trendy Mar Mikhael bar can reach $12–$15. While "street food" like manouche or falafel remains affordable ($2–$5), the cost of essential services like high-speed internet, private electricity (due to state outages), and safe transportation is high. For tourists, Beirut currently ranks as one of the most expensive cities in the Middle East for expats. While rural areas outside the capital offer more "budget-friendly" guesthouses and local markets, Lebanon is widely seen as a "premium" destination where costs have outpaced local wages significantly since the economic crisis began.