Ten Tips To Budget for a Trip to Europe - frugal first class travel (2024)

Hi Frugalistas! You’re off to Europe. You’ve found a great deal on an airfare, worked how you’re going to travel around and found the best accommodation you can afford. You know what all of this is going to cost, but what about budgeting for everything else – your food, entertainment, gifts and souvenirs, and all those little incidentals that add up along the way? Here are 10 important things to budget for a trip to Europe:

1. A fantastic guidebook

It doesn’t cost a lot, but do invest in a [easyazon_link identifier=”1612389562″ locale=”US” tag=”frugalfirstcl-20″ cart=”y” localize=”y”]great guidebook[/easyazon_link] that is recently published and gives you a good idea of what things cost. Using an old guidebook is false economy as prices can and do change significantly. A good, recent guidebook is an investment, that, if used correctly, will save you serious money.

2. Breakfast

I always recommend trying tobook a hotel with a rate that includes breakfast, but if the accommodation of your dreams doesn’t, you do need to budget for breakfast. Allow EUR13-17 per person per day for a moderate 3star hotel breakfast, and between EUR5-12 for a cafe breakfast outside your hotel.

A buffet breakfast in a hotel may cost a little more, but you can save by not eating morning tea, and by cutting back on lunch

3. Other meals and snacks

It’s impossible to give an exact amount for other meals – it just varies so much on where you are and what you are eating. I budget EUR12-18 per day for a good cafe lunch in western Europe and EUR30-40 for moderate restaurant/brasserie dinner with wine regardless of where I am going and what I end up eating. I pocket the change when I travel in cheaper locations, or lunch on a sandwich. Save money on lunches and dinners by avoiding tourist trap restaurants, drinking tap water and by choosing fixed price menus where available. Plan on EUR8 for a sandwich/baguette and water to go.

I save money on snacks by not snacking! It’s easy to spend EUR10-15 a day on snacks without even thinking. Instead I make sure I eat a good breakfast and eat a good lunch once I am hungry again – often around the time others will be settling down to afternoon tea. If you are a snacker, buy bottles of water and packets of chips/cookies/little cakes from a supermarket – a packet of cookies will cost EUR1.50-2.50 in a supermarket. Save even more by refilling water bottles from the tap (usually quite safe to do in Europe). You do need to budget for gelatos and other little treats – that’s part of the joy of traveling, so allow EUR4.00-4.50 for a scoop of gelato or a little cake/pastry to take away, more for sitting down in a cafe.

4. Traveling locally

Budgeting for a car or Railpass to travel from destination to destination is only part of your traveling budget. How are you going to get around your destinations once you get there? This includes getting to and from the airport. Budget a minimum of EUR50 for a taxi – more depending on how far away it is, and EUR20 per person for a return trip from the airport and back for a bus or the train. Your guidebook should give you detailed prices here for your specific location. To use the metro or local buses where you are visiting, plan on EUR1.50 for a single train ticket on the Metro/Ubahn/underground, but save on that by looking at pass or bulk purchase options.

Local train tickets are generally cheap, but the cost does add up over time, particularly traveling with the family

5. Car parking and road tolls and fuel

Unless you can afford to pay anything up to EUR50 per day, do not plan on garaging your rental car in large cities. Pick up your car on the way out of town to keep down costs. Any small town with a tourist presence will charge for car parking. Plan on EUR10-15 per day for this, as prices vary considerably. For road tolls I suggest using EUR10-15 per day as a rough guide for each day you will be using the larger freeways. Fuel will cost about EUR2.50 per litre, so calculate your rental car’s fuel efficiency to work out your budget. Allow a bit extra for unplanned mileage or unplanned stops.

6. Entrance fees

It is unlikely you will be able to calculate your exact costs here – there will always be somewhere you end up visiting that wasn’t on the itinerary. Instead I suggest budgeting for your “must sees” then allowing EUR15 per person per week for any extras. This won’t work if Disneyland ends up being your extra, but will for smaller regional galleries etc. Check out the prices on the site website to get latest entrance fees, and also look for passes that will give you multiple sites in one ticket (such as the Paris Musee Pass) – they can save you money if used correctly.

7. Treats

You do need to cut yourself some slack and spend money spontaneously. As a rough guide allow yourself 5-10% of your weekly budget for a splurge that you weren’t planning on.A blowout meal, a fantastic unplanned-for-activity or that pair of shoes you can’t leave Europe without are all important parts of traveling.

All self-discipline makes for a dull trip – so plan to cut loose occasionally and enjoy.

Les Deux Magots is one of the iconic Paris brasseries – in the 6th

8. Postcards & phoning home

You will want to communicate with those at home. Plan on 1EUR per postcard, with another Euro for a stamp and you should have change. Buy your postcards away from tourist sites to save a few pennies if you need to. Check out phone card rates for your location, avoid roaming on your mobile/cell phone or hotel phone rates to save money. Do this in advance and you will be able to budget easily according to your traveling and phone destination. Use free wifi in cafes and at your hotel, and free services such as Skype or FaceTime to cut down even more on phone call costs.

Postcards are cheap, and if you choose carefully can also be good souvenirs at a discount price!

9. Internet and wifi acess

Search out free wifi wherever you can. Many cheaper hotels in Europe will allow you free wifi or access to a computer for free. Purchasing wifi tends to be an issue for more expensive hotels – which seems bizarre to me, but is usually the case…… If you do need to purchase wifi count on about EUR25 for 24 hours. For a cheaper option, your fantastic guidebook should include addresses for Internet cafes in most locations – budget for 3EUR per hour for this. Make sure you discipline yourself not to use your international roaming for data on your phone or you will be in for a shocking budget-blowing surprise when you get home.

10. Souvenirs

Again, you can spend as much or as little as you like on souvenirs and gifts. Check out my post on shopping with just a carry on bag for tips on small, inexpensive gifts. If you are interested in food as a souvenir or gift, buy in supermarkets or markets rather than tourist sites to save money, and plan spending about twice what you would at home for equivalent goods (food in Europe is quite expensive). Plan on EUR5-10 for a poster in a tube, and between EUR10 and EUR20 for souvenir books of the major sites and galleries. Check out prices on line if you have particular hobbies you might like to incorporate into a souvenir (for example, I love needlework and love the French brand Les Bonheurs des Dames – expensive, but beautiful and different).

So, how much should you budget for a trip to Europe? Well, it depends…….on you, your tastes, your budget and your choices. Do your research regardless and avoid any nasty surprises.

This post contains affiliate links for services and products that you may find useful. If you make a purchase I do earn a small commission, but you pay no more – so we both win!

More from my site

  • How to use metro trains in Europe
  • Being gladiators at the Colosseum with Take Walks
  • Which is better? An apartment for rent in Paris or a Paris hotel?
  • VAT Refunds In Europe: What You Need To Know
  • A budget guide to Paris
  • Interlaken: things to do for the unadventurous
Ten Tips To Budget for a Trip to Europe - frugal first class travel (2024)

FAQs

How do I travel frugally to Europe? ›

During your trip
  1. Eat and drink with care to save money on food in Europe. Cook When Possible. ...
  2. Walk whenever possible. If your destination is close enough to walk to, always walk. ...
  3. Choose cheap or free attractions. ...
  4. Research budget accommodation. ...
  5. Visit more affordable European destinations.

How much cash should I bring to Europe for 2 weeks? ›

A good rule of thumb, though, is that, on average, you should plan to carry between $50 and $100 per day in the currency of the country in which you're travelling. As with all things, research is your friend here. Understand where you're travelling and what the local customs regarding cash are.

How much money do I need to travel Europe for 1 month? ›

While it is definitely possible to do a month-long Europe trip on a tight budget, it isn't exactly cheap – unless you do hostels, don't take taxis/ubers, and don't eat out. Even then, it'll still most likely be over $1,000 USD and closer to $2,000 USD.

What budget do you need for Europe? ›

How much does a European vacation cost?
ExpenseEstimated cost
Local transportation$0 to $30 per day, depending on whether you walk, drive, or use public transportation
Food & drink$25 to $100 per day, depending on whether you are cooking or eating out
Attractions$0 to $100 per day
Spending money$0 to $100 per day
2 more rows

Is $100 a day enough for Europe? ›

While it's possible to travel on $100 per day in Europe, it can be challenging, especially in larger cities or during peak seasons.

What is the cheapest day of the week to travel to Europe? ›

The late fall and winter months—from mid to late October through mid-to-late March—are generally the cheapest time to fly to Europe, although fares can spike for the year-end holiday season. It's often cheaper to fly to Europe mid-week, particularly on Tuesdays and Wednesdays.

Is it better to use cash or card in Europe? ›

European travelers should always have some cash on hand; getting it from an ATM abroad is usually the easiest, most advantageous way. If you need cash from an ATM, it's usually better to use a debit card, because credit cards often charge a high interest rate for a cash advance.

Should I get euros before going to Europe? ›

Resist the urge to buy foreign currency before your trip.

Some tourists feel like they must have euros or British pounds in their pockets when they step off the airplane, but they pay the price in bad stateside exchange rates. Wait until you arrive to withdraw money.

What credit cards work in Europe? ›

First, make sure any credit card you take to Europe is widely accepted. The Visa and Mastercard networks, for example, offer wider acceptance abroad than Discover and American Express. While you can certainly bring your Amex and Discover cards, it's best to pack a backup.

How much money should I save for a 3 week trip to Europe? ›

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So, how much money do you really need for 3 weeks in Europe? While it varies depending on your travel style and destination, a budget of around $2,000 - $5,000 USD should cover your expenses. Of course, this is just a rough estimate - the more you can save, the better!

How much spending money do you need in Europe per week? ›

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.

How much should I plan to spend per day in Europe? ›

A: The average cost of a European vacation can vary depending on various factors such as destination, duration, accommodation, activities, and travel style. On average, a moderate budget traveler could expect to spend around $100 to $200 per day, while luxury travelers might spend upwards of $500 per day.

How do I travel to Europe on a tight budget? ›

How to Travel in Europe on a Budget?
  1. Choose Your Destination Wisely (Eastern Europe – for example!)
  2. Plan Your Trip in Advance.
  3. Use Public Transportation.
  4. Stay in Budget Accommodation.
  5. Eat Like a Local.
  6. Take Free or Low-Cost Tours and Activities.
  7. Use Discount Cards and Coupons.
  8. Be Smart With Your Money.
Jun 27, 2024

Do you tip in Europe? ›

Restaurant tips are more modest in Europe than in America. Servers are paid a living wage, and tips are considered a small bonus — to reward great service or for simplicity in rounding the total bill to a convenient number. In many countries, 5 percent is adequate and 10 percent is considered a nice tip.

How much cash should I have for Europe trip? ›

If you're flying to Europe all the way from the US, it's unlikely that you'll be staying just a couple of nights. If you're planning a 3-week break, a good starting point to calculate how much spending money you need is the $100-per-day rule of thumb. So for a three-week trip, you'll be needing over $2,000.

How to find the cheapest way to travel to Europe? ›

Tips for How to Travel Cheap in Europe
  1. Stay in a Home Exchange. ...
  2. Travel During the Shoulder Season. ...
  3. Get the Best Price on Flights. ...
  4. Travel with Light Luggage. ...
  5. Take the Train. ...
  6. Consider Ride-sharing & Carpooling Apps. ...
  7. Cook Your Own Meals. ...
  8. Use Public Transportation.
Jul 6, 2023

What's the best way to travel with money to Europe? ›

Generally the most convenient way to get cash for your trip to Europe will be to make ATM withdrawals as and when you need to. This will mean you don't need to carry too much all at once, and if you use a dedicated travel card to make your withdrawal you may cut your overall costs, too.

What is the best option for spending money in Europe? ›

Travel credit cards

One of the cheapest ways of spending money abroad is a travel credit card. Like with debit cards, you can't just take any old credit card with you. Some will have non-Sterling transaction fees, as well as a hefty charge for taking cash out at an overseas ATM.

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