How much do i allow myself on a daily basis for my stay in europe?

Question

i'm going to Europe for a month & staying in backpackers hostels but i'm not sure how much money i should allow myself on a daily basis. I dont have a lot of money but i dont want to be short either .

Answer 1

While you can get by on $50 in most of Europe, I would advice you to take at least $100 per day. I use 100 Euro per day when traveling hostels, but that is with eating out and moderate sightseeing. That is $150 right now.

The $40 per day is from the times the dollar was worth a lot more, with that you can just get a bed and the most basic food in a supermarket, and you will not be able to get even that in places like London and Paris.

Even in relatively cheap Eastern Europe $40 per day is basic and you need to be sharp when buying your food.

In the smaller towns of western Europe you can count on 20 Euro for a hostel bed, 10 Euro per day for supermarket food, and a few Euro for bus or tram to get around town bringing you already to $50 before you even add traveling and sight seeing costs.

If you want to travel fast and see a lot in your month, like using a rail pass to the fullest, you need more money.

Keep your money in your account and use your bank card to get it out of the ATM, and make arrangements with your parents (if possible) to put in more money if you run out.

And take your credit card for back up if you fear running out sooner, (that is if you are willing running up debts there.)

Answer 2

US $100 per day is a reasonable backpacking budget for Western Europe, keeping in mind that the dollar is very weak now against the Euro and British pound.  When I traveled Europe for three months in 2003 the euro was about $1.10; now it is $1.54.

In Western Europe the hostels in large cities are usually 15-25 euros - which at the current weak exchange rate is about $23-38 US.  Single rooms in cheap hotels will usually be around $40-60 US.  Then you need to get around (can be anywhere from $20-40 per day depending on whether you get a railpass and how often you fly), $10 per day for admission to sights, and even cheap meals like pubs, tapas bars, pizzerias, kebab shops, bakeries, cafes, creperies, etc. will cost you around $30 per day, and you can up that to more like $50 per day if you go to bars and clubs and eat some of your meals in real restaurants.

Is it possible to travel for less?  Yes:

-If you spend much of your trip in less expensive places like Italy, Spain, Portugal, and Greece.  BTW, Eastern Europe is a lot less expensive, but Western Europe has far more of Europe's famous sights, museums, churches, palaces, etc.

-If you really save money on food, like by eating a lot of fast food or buying meals in convenience stores, but that would detract from your experience.

-If you cut down on transportation costs by seeing fewer cities and spending a lot of time in each place that you visit, or by using buses to get around.

Answer 3

about 15-25 euro for sleeping and 15 euro for eating

Answer 4

All over Europe?

Some countries (western) can be much more expensive than others (eastern)

I would say about $40-50 (US) a day at the very least.

Although I have know some to make it on less, I would not enjoy the time they described.

Answer 5

Oh well... that all depends, where you plan to stay in Europe...

At least 30-40$ per day is recommended. London, Paris, Rome -in essence - all the "capitals" are quite expensive....

Especially the restaurants!!! We have (cheaper) "Frenchfries-

stands" where you can eat at low cost.

If you come to Germany...I can invite you to my home in the

"oldest" city of Germany (18 B.C.) for "a dinner"& I'll show

you the sights! Send me email at: [e-mail]

Wish you a good trip! Greetings from Germany..*Annette*