Top 5 Budget Travel Getaways for 2024 in Europe (2024)

The best way to save money when traveling is to keep in mind the following expenses: exchange rates, buying food in groceries stores, staying at SAFE hostels, and walking or taking public transportation. When buying your food and drinks at the grocery store, keep in mind that even though it is cheaper than eating out you are still spending money, so don’t go crazy, buy what you need and know you will eat.

I know that the goal is to stay in a place that is super cheap but it is important to consider that sometimes investing in safety is rewarding, it has happened to us that for saving $15 a night we ended up robbed and spent even more money replacing our belongings. Finding a safe, comfortable and cheap place is not too hard. We normally try to stay in youth hostels and also carry a lock with us.

Lastly, we highly recommend to take free walking tours in any of the following cities. Not only do you visit the most iconic places in each city but also you learn along the way; our favorite thing is that you tip according to your budget and how much you like the tour. Do not forget that it is also great for your health. We know that if you following our tips you can make your dollar stretch further.

Our top budget friendly destinations in 2024:

1. Prague

Top 5 Budget Travel Getaways for 2024 in Europe (1)

Prague is not only known for its beauty but also for how cheap it can be, considering its exchange rate. The cheapest thing we found in Prague was the accommodations. When visiting Prague make sure you try their Trdelník, a sweet cinnamon pastry and of course their Langose, a deep fried flat bread.

Read More: What to do and see in Prague in 3 days

We spend €24 for a double + around€10 more in food per person.

Total cost per day: approximately€22.00 per person.

Accommodation: Arena Hotel Prague

Accommodation Midrange budget:K+K Hotel Central

2. Warsaw

Top 5 Budget Travel Getaways for 2024 in Europe (2)

The exchange rate and its cheap food makes Warsaw a good budget friendly destination to visit when having a tight budget. Some of their museums are free on different days of the week. Warsaw has a lot of interesting places to visit, history to learn and places to eat and drink.

Read More: What to do and see in Warsaw

We spend €40 for a private room in a hostel+ around€6 more in food per person.

Total cost per day: approximately€23.00 per person.

Accommodation low budget: Hostel Helvetia, Warsaw

Accommodation Midrange budget: Little Home Old Town 5

3. Berlin

Top 5 Budget Travel Getaways for 2024 in Europe (3)

Berlin has a lot of history and has many free museums to visit. Berlin also has a good price on food, hostels and of course beer. It is easy to walk places or take the metro. You can even walk to all its main attractions in less than 15 km. There are several free walking tours around the city.

Read More: What to do and see in Berlin

We spent €32 for a two beds in a one bed in a shared dormitory (for 4 people)in a hostel+ around€15more in food per person.

Total cost per day: approximately€31.00 per person.

Accommodation low budget: TOP Hotel City Gallery

4. Madrid

Top 5 Budget Travel Getaways for 2024 in Europe (4)

You can buy a beer for less than one euro. What is better than that? We lived in Madrid for almost a year, and we loved it. The city has a lot to offer and if you are into the party scene, this is your place. People stay out until 6 AM because that’s when the metro opens again. Some of the bars are free, and the alcohol inside the bar is not that expensive either.

Read More: What to do in Madrid in 12 Hours

Accommodation:We did not need to rent a hotel room because we were living in Madrid at the time.

Accommodation Midrange budget:Leonardo Boutique Hotel Madrid

5. Budapest

Top 5 Budget Travel Getaways for 2024 in Europe (5)

When we arrived to Budapest we realized that we lost our wallets in Vienna. All we had for a total of 3 days was 20 euros, the hotel reservation and a credit card on our Uber account. I won’t lie: it was tough but we made it. The food is not expensive at all, especially if you go grocery shopping. We highly recommend visiting the Shoes on the Danube Bank memorial, the Parliament Buildingand thefisherman’s bastion. We did not like our hotel too much. We think you could get a better hotel for a similar price.

Read More: Complete Guide to explore Budapest in 5 days

We spend €25 for a double + around €10* more in food per person.

Total cost per day: approximately €18.00 per person.

Accommodation low budget:Dominik Panzio

Accommodation Midrange budget: Art’Otel Budapest By Park Plaza

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Top 5 Budget Travel Getaways for 2024 in Europe (6)

Top 5 Budget Travel Getaways for 2024 in Europe (2024)

FAQs

Top 5 Budget Travel Getaways for 2024 in Europe? ›

The summer season, which runs from late May or early June through the end of August, is when many American families can travel. As a result, it's the most expensive time to visit Europe. The late fall and winter months—from mid to late October through middle-to-late March—are often the cheapest time to fly.

What is the most affordable time of year to go to Europe? ›

The summer season, which runs from late May or early June through the end of August, is when many American families can travel. As a result, it's the most expensive time to visit Europe. The late fall and winter months—from mid to late October through middle-to-late March—are often the cheapest time to fly.

What is the most affordable place to vacation in the world? ›

Leading the list as the cheapest place to travel right now is Hoi An, Vietnam. According to the Post Office report, a total estimated cost of just $64.51 a day for the travel essentials makes this charming gem the ultimate bang-for-your-buck destination that won't break the bank.

Is $100 a day enough for Europe? ›

It all depends on where you're going and what you plan to do during your trip. As you can see from our travel costs table above, some European cities are cheaper or more expensive than others. As a general rule, though, it's a good idea to budget at least $100 a day for your vacation.

What is the safest European country to visit? ›

Iceland in first place, followed by Denmark and Ireland. 4 interesting facts about Iceland and safety: The Land of Fire and Ice has featured at the top of the list since it was first issued in 2008. Iceland is one of the twenty or so countries with no military army.

Where is the cheapest place to fly internationally? ›

Generally speaking, flying from the USA to the Caribbean or Central America is the cheapest because those areas are close by. Europe is cheap to fly to from the east coast USA, and Asia is cheap to fly to from the west coast USA.

Is Portugal cheap or expensive? ›

How expensive is Portugal for Americans? Portugal is one of the most affordable countries in Western Europe, with food available at affordable prices, cheap options for accommodation, and reasonable costs for transport.

Where does the US dollar go furthest? ›

Japan continues to be a popular choice, but Vietnam and South Korea stand as solid alternatives among numerous countries in Asia with favorable exchange rates for the US dollar. Closely following in value are South American countries: Argentina and Chile are among those offering the biggest luxury bang.

How far in advance should I plan a trip to Europe? ›

A good rule of thumb for planning a trip to Europe is to take at least six months. And if you really want to benefit from early preparation, a year may be even better. That ample time can play a pivotal role in helping you: Create the trip of a lifetime.

Which days are cheapest to fly internationally? ›

Wednesdays and Saturdays are the cheapest day to fly internationally. Meanwhile, international flyers would also be wise to leave on Wednesdays or Saturdays, usually the cheapest days to depart for an international trip.

What is the cheapest country to travel to from the US? ›

Montenegro is up on our list of Cheapest Countries to Fly to From the USA in 2024, giving budget travelers a sweet deal with daily expenses ranging from $40 to $60. If you're up for a bit more splurging, mid-range travel might run you $80 to $120 a day.

What is the cheapest country to visit with family? ›

Laos is one of the cheapest countries in Asia and a lot less developed in terms of tourism than its neighbors Thailand and Vietnam. For a family, a daily budget of a few tens per day is already sufficient.

What is the most beautiful country in Europe? ›

Switzerland is truly the epitome of idyllic. With the statuesque Swiss Alps covering more than 60% of the country, Switzerland seduces visitors all year round with some of the best and most astonishing natural scenery not only in Europe, but the whole world.

Is Europe cheaper to travel than America? ›

As a whole, Europe is one of the more expensive continents to travel around. South America or Asia would be much cheaper. But it is possible to explore Europe on a budget. And it is important to note that every traveler is different, so the average cost of a trip to Europe could vary greatly from person to person.

Is it possible to travel Europe on a budget? ›

The cheapest way to travel around Europe is to consider budget-friendly transportation options like trains, buses, and budget airlines. Travel during off-peak seasons, share accommodations, and consider carpooling for cost-effective exploration.

Is Europe more affordable than the US? ›

While the Euro has long been more valuable than the American dollar, the cost of living in the United States is significantly higher than across Europe on average. Basic expenses for a single adult with no children in the U.S. is $2,508 per month, compared to an average of $1,746 per month in Europe.

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