On this page
- What a travel budget is for
- Assumptions behind the daily ranges
- Quick daily comparison by destination
- What each budget style includes
- Budget
- Mid-range
- Comfort
- Ranges by category
- How to calculate your budget
- Example: 14 days in Thailand, mid-range
- Example: 10 days in Japan, mid-range
- Step-by-step method
- Saving money and understanding the tradeoff
- Common mistakes
- Final checklist
What a travel budget is for
A travel budget organizes costs before you book. It helps you decide how much to allocate to accommodation, food, transport, and activities while keeping the total in view, comparing destinations and trip lengths, and identifying which category makes an itinerary expensive.
The figures in this guide are starting points in euros, not guaranteed prices. Actual costs depend on the dates, city, accommodation type, exchange rate, and how far ahead you book. Always check prices for your point of departure, dates, and itinerary.
Assumptions behind the daily ranges
The destination ranges are per person per day. They include a share of basic accommodation where relevant, food, local transport, and routine spending. They exclude international flights and major journeys between cities. A private room may cost less per person when shared; a solo traveler needs to budget for the full room price.
These references are useful for an initial comparison, but not enough for a purchase decision. Adapt them to the number of travelers, actual bookings, and required costs such as visas or insurance where relevant.
Quick daily comparison by destination
This selection compares destinations at different price levels. The remaining destination estimates follow in a linear format.
| Destination | Budget | Mid-range | Comfort |
|---|---|---|---|
| Vietnam | €20-30 | €35-55 | €60-100 |
| Thailand | €22-33 | €41-68 | €82-137 |
| Spain | €35-50 | €55-85 | €90-150 |
| Italy | €45-65 | €70-110 | €120-200 |
| Mexico | €25-40 | €45-75 | €80-140 |
| USA | €60-90 | €100-160 | €180-300 |
| Morocco | €18-30 | €35-55 | €60-100 |
| Japan | €35-55 | €60-100 | €110-200 |
In Asia, Cambodia, Nepal, and India are estimated at €15-25 on a budget, €30-50 at mid-range, and €55-90 for comfort, except Nepal, whose comfort range is €55-85. Indonesia is €20-35, €40-65, and €70-120; the Philippines is €20-30, €35-55, and €60-100.
In Europe, Portugal shares Spain's ranges of €35-50, €55-85, and €90-150. Greece is €35-55, €60-95, and €100-170; Croatia is €40-60, €65-100, and €110-180; France is €50-70, €80-120, and €140-230; the UK is €55-80, €85-130, and €150-250; and Scandinavia is €70-100, €110-170, and €180-300.
In the Americas, Colombia and Peru share ranges of €20-35, €40-65, and €70-120. Bolivia is €15-25, €30-50, and €55-90; Argentina shares Mexico's €25-40, €45-75, and €80-140; Brazil is €30-45, €50-80, and €85-150; and Canada is €55-80, €90-140, and €160-270.
Among other destinations, Egypt is estimated at €15-25, €30-50, and €55-90. Türkiye and Georgia share €20-35, €40-65, and €70-120; South Korea shares Japan's €35-55, €60-100, and €110-200; Australia is €55-80, €90-140, and €160-270; and New Zealand is €50-75, €85-130, and €150-250.
What each budget style includes
You do not have to apply one level to the entire trip. You can choose budget accommodation and reserve more for food or activities. This mix is usually more accurate than multiplying one generic daily figure.
Budget
This style prioritizes hostel dorms, simple meals or street food, and coaches or public transport. Its advantage is a longer trip or more money for a particular activity. Its limits include less privacy, longer travel times, and less flexibility when plans change. As a planning reference, €1,500 may cover a month in some lower-cost Asian destinations, excluding the international flight; this does not apply to every country or itinerary.
Mid-range
This style combines a hotel or private room, restaurant meals, and mixed transport. It offers more privacy and flexibility without always paying premium prices, but costs can rise quickly in expensive cities or peak season. A €2,000 budget may cover two weeks on some European itineraries, but not in every city or season.
Comfort
This style prioritizes a better hotel, restaurant meals, and some tours. It reduces certain compromises and makes a comfortable itinerary easier, but accommodation, flights, and activities can push up the total substantially. A €3,000 budget provides room for ten days in many destinations; peak season and high-end hotels may exceed it.
Ranges by category
These figures combine destinations with very different costs. Use them to remember budget categories and sense-check the result, not as a substitute for local research.
- Accommodation: a hostel dorm may cost €5-15; a private room, €15-35; a 2-3 star hotel, €35-70; a 4-star hotel, €70-150; and a 5-star hotel, €150-400. The Airbnb reference is €30-100.
- Food: street food ranges from €1-5 and a local restaurant from €5-15. A tourist-oriented restaurant may cost €15-30, a special dinner €30-80, and a day's supermarket shopping €5-15.
- Transport: an urban metro or bus journey may cost €0.50-3; an intercity train, €10-80; a domestic flight, €30-150; and a 10 km taxi journey, €5-25. Daily motorcycle rental is estimated at €5-15 and car rental at €20-80.
How to calculate your budget
Use this formula as a framework: daily costs × days + nightly costs × nights + arrival and intercity transport + bookings and required expenses + contingency - amounts already paid.
Separate per-person costs from shared costs. Do not multiply accommodation by the number of travelers if the quoted price covers the whole room, and do not deduct a booking from the total unless it has already been paid. If a category changes during the itinerary, calculate each section separately.
Example: 14 days in Thailand, mid-range
This illustrative scenario combines a €500 return flight, accommodation for 14 nights at €40 (€560), food for 14 days at €25 (€350), transport for 14 days at €10 (€140), €200 for activities, a €12 eSIM, and €40 for insurance. The total is €1,802. It is not a current quote: replace each amount with prices for your trip.
Example: 10 days in Japan, mid-range
The same method combines a €600 return flight, accommodation for 10 nights at €70 (€700), food for 10 days at €35 (€350), transport for 10 days at €15 (€150), €200 for activities, an €11 eSIM, and €50 for insurance. The total is €2,061. This is also an illustrative scenario, not a guaranteed price.
Step-by-step method
- Set the destination, dates, duration, and number of travelers.
- Define the accommodation, food, and transport level separately.
- Find actual prices for the selected dates and note whether each quote is per person, room, journey, or day.
- Calculate accommodation, food, and local transport for the full stay.
- Add flights, intercity travel, and airport transfers.
- Include activities, visas, insurance, an eSIM, and other bookings where relevant.
- Deduct only amounts already paid, while keeping them in the trip's total cost.
- Add a contingency appropriate to the itinerary; 10-15% is a reference, not a universal rule.
- Compare the total with your limit and adjust one category at a time.
Saving money and understanding the tradeoff
- Food: eating where residents eat, choosing street food, or buying breakfast and snacks at a supermarket may reduce costs. Consider hygiene, quality, location, and personal preference; the lowest price is not always worthwhile.
- Accommodation: a shared kitchen may reduce food costs. Free cancellation lets you check prices again, but review its terms. Low season may be cheaper, although savings vary and conditions at the destination may also change.
- Transport: compare FlixBus and other coaches with rail for each journey. Low-cost flights with hand luggage may save money, but check extras and airport transfer costs. Metro and bus are usually cheaper than taxis, at the expense of time or convenience.
- Activities: free walking tours still involve a tip; some museums offer free entry on specific days. Many outdoor activities cost nothing, but some parks and access points charge admission.
Common mistakes
- Treating the daily range as a fixed price: by itself, it does not reflect season, city, or available bookings.
- Leaving out insurance: medical care or another incident can be expensive.
- Forgetting airport transfers: allow €10-50 each way as a reference and check the local price.
- Not budgeting for admission: temples, museums, and other activities may charge an entry fee.
- Mixing shared and personal costs: this can duplicate accommodation, car, or taxi costs.
- Relying only on cash: carry an alternative payment method and check access to ATMs.
- Leaving no contingency: a 10-15% buffer may be useful depending on the risks of the itinerary, but it does not replace insurance or current price checks.
Final checklist
- ☐ Destination, dates, and travelers confirmed
- ☐ Daily budget calculated with current prices
- ☐ Flights and bookings included, with cancellation terms checked
- ☐ Travel insurance and visas added where relevant
- ☐ Airport and intercity transport included
- ☐ Fee-free card and backup cash prepared
- ☐ Contingency added