Bora Bora, France

This tiny island in French Polynesia burns a big hole in many visitors’ pockets. Although the island is beautiful and offers a luxurious experience, an average night on the island will run you a minimum of $800—with your meals included, of course.

There’s also the tiny issue of getting there; airfare to the middle of the South Pacific isn’t exactly cheap these days. Nonetheless, Bora Bora attracts its fair share of celebrities, business elite and political magnates. Unless your heart is set on Bora Bora in particular, you can choose from a number of lesser-known islands in French Polynesia, many of which have lower rates due to decreased demand and a less developed tourist reputation. That also means you can beat the crowds—which is almost like having your own private island for half the cost.

If it must be Bora Bora, be sure to look for all-inclusive vacation deals and hotels that offer discounted rates if you book multiple nights. You can also visit during the off-season, between December and March, to score better rates.