How much money do I need per day to travel Europe in summer?
As a reference, a backpacker spends around €100-120 a day in Europe’s big cities, staying in a hostel. Paris runs about €112/day, London ~€120, Amsterdam ~€110 and Rome ~€114. In Eastern European cities (Prague, Budapest, Krakow) you can spend quite a bit less.
That number sounds like a lot, right? But it covers a hostel bed, simple meals and getting around. Bump up your comfort level or sit down at a restaurant for every meal and it climbs fast. Let me break it down so you can build your own and not run short halfway through the trip.
Where does your money go each day?
| What | Backpacker (approx./day) |
|---|---|
| Hostel bed (shared dorm) | €15-40 |
| Food (grocery store + street food) | ~€25 |
| Transport and activities | ~€25 |
| Rough total | ~€65-90 (more in pricey cities) |
How do I spend less without ruining the trip?
- Shop at supermarkets and try the street food instead of a restaurant for every meal.
- Take advantage of free museums and free walking tours (leave a tip, that’s how the guides make a living).
- Walk or use public transport; Europe’s big cities are made to be explored on foot.
- Travel in the shoulder season: lodging drops a lot compared to August.
- Bring a reusable bottle: many cities have free drinking fountains. A euro saved here, a euro saved there, and by the end of the trip it adds up.
Last updated: July 23, 2026.
Frequently asked questions
How much do I need for 15 days in Europe?
As a backpacker, figure between €1,000 and €1,800 in on-the-ground costs alone (flights not included), depending on the cities you pick.
Which European cities are cheapest?
Eastern Europe: Prague, Budapest, Krakow, Bucharest. Loads of charm for a good deal less money.
Is it better to carry cash or card?
Card for almost everything, but keep some euros in cash for markets, tips and small towns.
