BUDGETING A TRIP TO EUROPE
Traveling Budget<
If not taking an organized tour and planning your own independent travel. Since your travel needs will surely vary, for more accurate budgeting I use an actual budget spread sheet form (a basic Microsoft Works sheet that comes with many computers, or just a piece of paper will do) with columns for the category of expenditures. The categories I consider are International Airfare, Intercity Transportation (Train, Air, Rental Car) Ground Transfers (taxi or airport bus, etc), Hotel/Lodging, Food, Entertainment, Incidentals (digital tape, batteries, snacks, museum admissions), then special expenditures like ski package or amusement park and shopping.
For travel in Europe on a budget, we'll focus on traveling comfortably, but staying conscious about spending. Pick the areas where you want to splurge and pamper yourself, but find some compromises in other areas. In your research you’ll have to convert Euros to dollars or your local currency. You’ll have to gather prices from airfare sites, hotel sites, and train travel sites and enter them into your columns. It’s a bit of work, but part of the fun of travel planning.
Things to Consider
International Airfare
That’s getting to Europe. The cheapest, Economy Class, coach with
no change or refund, now usually in the back of the plane, many airlines
are now offering a form of Premium Economy, still no refund or change
without additional cost, but with more leg room, better seat
selection options and toward the front of the cabin, still less than full coach
fare, then Business or First. Some airlines like Air
France are now offering an advanced purchase Business Class fare with no change
rules like Economy,
but about half price in the Business Class cabin.
Hotels Accomodation
Here you have a lot of variety. Chain hotel, B&B, big city or countryside?
Finding a hotel room in big capital cities like Paris, London, Rome will
be more expensive than smaller cities or town, so budget higher. The
class of hotel will make the biggest budgetary difference. Hostels run
from about $25 to $60. Some hostels you can get a single room, with common
showers, etc. And can be comfortable for a night or two. “Tourist
Class” 2 star hotels can be found around rail stations and tourist
areas. Most are clean and decent, some not so much, it can depend where
you are. The two star tourist hotels very often really don’t expect
advance reservation and they may not offer breakfast. Very nice 3 star
and some 4 star hotels at a bargain level will range from $70 to $120
for
single
$90
to $180
for
double occupancy.
Big city hotels or major chains will be higher. You can search TripAdvisor, Hotels.com, Booking.com, Travelocity, Expedia
and
compare prices across brands or go to hotel groups directly, Accor
Hotels, Best
Western and Choice
Hotels®
offer
good mid range and bargain priced options in Europe.
Meals
Where you like to dine will be one of the largest variables and where
you have the most control how you want to spend. McDonald’s or
Cordon Bleu? Most 3 star and above hotels in Europe are on a bed & breakfast
basis, with a breakfast served buffet style. Luxury hotels may prepare
breakfasts to order. That leaves lunch and dinner. Familiar fast food
chains are all over Europe, food stands on the streets and in train
stations offer local food styles for eating on the run. Restaurants
offer an infinite variety from family style cubby holes to elegant
gourmet cuisine. A food budget should account for the exchange rate,
how much wine and drinks with a meal, etc. In Europe a gratuity is
usually included in the price. Staying in a self-catering accommodation
with a family can save a lot of restaurant costs. If staying in lodging
with a kitchen, European cities have fresh food markets where you make
your own gourmet candle lit dinners.
Intercity Transportation
Here’s where some time spent can make big difference in your budget.
If you plan to go to more than one city, several countries, or want to
get into the country for find those unique destinations, historic spots,
wine tasting and all those things your going to Europe for, how to get
around will be a major consideration. When I calculate a Europe travel
budget, I consider different variations on my spread sheet, to decide
the most cost effective option. Discount airlines with airport transfers,
train travel with a rail pass or individual tickets, rental car with
fuel and parking. Each of these options have advantages and which you
chose will depend on what you want to do. (see Tips
for Traveling on a Budget). For example getting to small towns and exploring the countryside
will often require a rental car. You can get to major cities by rail
or air, then rent a car for a few days of local trips, or instead rent
a car for a week or two and wander wherever your whim takes you (see Renting a Car in Europe). In a budget, I put these side by side and see
which is the most cost effective. But the cheapest way to go is not always
the best choice. What you really want is to get the best travel experience,
with the best memories and least hastle at a price you won’t regret
after the jet lag has worn off.
Entertainment, Transfers and Shopping
Only you can know what your shopping budget might be. Consider what you plan for entertainment, theater tickets, river boat tours, on and off sight-seeing tours, and don’t forget the museum or attraction admission costs, subway, tram fares.
Communication
Add in a communications budget, whether you take a four band cell phone from home, get a local pay as you go mobile phone (many easily available now when you arrive) or a phone card. Calls back home, getting lost and calling hotels - keeping in touch can add up. ©Bargain Travel Europe
You can download a little sample budget here or an actual Works Spreadsheet here or make your own.
These articles are copyrighted
and the sole property of Bargain Travel Europe and WLEV, LLC. and may
not be copied or reprinted without permission.
See Also:
TRAVELING
EUROPE ON A BUDGET
Plan for the Bargains
TRAVELING SAFE Part 1 - Travel Safety Tips
TRAVEL SAFETY Part 2 - Before You Go and Scams
WANT TO SAVE ON HOTELS? TAKE THE NIGHT TRAIN
