Europe Budget Travel Guide: How to Save Money (Homejourney)
Back to all articles
International Travel8 min read

Europe Budget Travel Guide: How to Save Money (Homejourney)

H

Homejourney Editorial

Definitive Europe budget travel guide with tips to save money, plan routes and stay safe. Perfect for Singapore travelers and global investors. Start here.

Europe can be surprisingly affordable if you plan with intention, understand local costs, and know how to stretch every euro. This definitive Europe budget travel guide is written for Singapore-based travelers, expats, and global investors who want a safe, value-for-money experience—while also exploring how trips to budget Europe can complement long-term life and property plans in Asia with Homejourney.



Whether you dream of backpacker Europe hostels, cheap Europe travel between cities, or slow travel combining work and short stays, this guide gives you concrete numbers, sample itineraries, and Europe-specific money-saving tactics grounded in real costs, safety practices, and Singaporean travel habits.



Executive Summary: How to Do Budget Europe Safely and Affordably

If you want the quick version, here is how most Singapore-based travelers can experience budget Europe without compromising safety or comfort:



  • Daily budget benchmarks (per person, excluding flights): ~€50–€70 in Eastern/Central Europe and ~€80–€120 in Western Europe for a hostel or budget hotel, public transport, 2 meals out, and 1–2 paid attractions[3].
  • Cheapest regions: Balkans, Eastern Europe (e.g. Romania, Hungary, Poland, Bosnia & Herzegovina, Albania) and Baltics (Latvia, Lithuania) offer top value for backpacker Europe[1][2].
  • Best strategies to save: Travel off-peak (Apr–May, Sep–Oct), focus on slower itineraries, use buses and budget airlines wisely, cook or eat set lunches, and mix free walking tours with 1–2 big-ticket attractions per city[3][5][6].
  • From Singapore: Fly into a cheaper hub (e.g. Istanbul, Warsaw, Milan) and then use low-cost carriers or trains to move around. Monitor fares 2–4 months ahead.
  • Safety first: Prioritise well-reviewed hostels/hotels, avoid risky night transport, watch for common scams, and keep copies of documents. Treat safety like home viewings—verify, read reviews, and double-check locations.


Throughout, you will see how Homejourney’s emphasis on verification, safety, and transparent information—core to our Singapore real estate platform—naturally extends to how we think about international budget travel planning.



Table of Contents



1. Why Budget Europe Appeals to Singapore Travelers

For many Singaporeans, Europe still feels like a “big-ticket” destination. Yet when you look closely at cost per day and the value of experiences, cheap Europe travel is very achievable—especially if you think the way you would about a property purchase: compare markets, choose emerging areas, and avoid overpaying for hype.



1.1 Value vs. Cost: Think Like an Investor

Just like comparing a prime District 9 condo to an up-and-coming heartland project on Homejourney’s Projects Directory , choosing between Paris and, say, Budapest or Kraków can halve your daily costs without halving the experience.



  • Western hubs (Paris, London, Zurich): Iconic but expensive—great for short, focused stays.
  • Eastern & Balkan cities (Budapest, Bucharest, Tirana, Sarajevo): Rich culture and history at a fraction of the cost[1][2].
  • Baltics (Riga, Vilnius): Underrated, safe, and among the most affordable capitals in the EU[2].


Many Singapore travelers now blend “headline” cities with cheaper bases, similar to diversifying a property portfolio across prime and city-fringe locations.



1.2 Experience from Singapore: Typical Cost Pattern

Based on current budget travel data, a realistic daily spend for a Singaporean in Europe is[3]:



  • €50–€70/day in Eastern Europe (hostel or simple hotel, local meals, public transport, a few attractions).
  • €80–€120/day in Western Europe (budget/mid-range hotels, a mix of cafes and restaurants, paid attractions)[3].


In SGD terms (assuming roughly S$1.45 to €1), that’s around S$70–S$170 per day excluding flights. Many Singaporeans already spend close to this on short regional getaways when you include hotels and activities—Europe simply demands more flight planning.



2. Best Time to Visit Europe on a Budget

Timing is the most powerful lever for save money Europe strategies. As with property cycles in Singapore, entering the market at a less crowded time can yield better value.



2.1 Seasons and Price Impact

Season Months (approx.) Price Level Notes for Budget Travelers
Peak Summer Jun–Aug Highest Best weather, longest days, but accommodation and flights surge.
Shoulder (Spring) Apr–May Moderate–Low Great balance of price, weather, and crowds. Ideal for first-timers.
Shoulder (Autumn) Sep–Oct Moderate–Low Still pleasant; cheaper stays in many cities. Vineyards and foliage.
Low Season (Winter) Nov–Mar Lowest (except Christmas) Colder, shorter days; excellent for cities and museums. Christmas markets & New Year spike prices.


Featured snippet tip: The cheapest time to visit Europe for Singaporean travelers is typically mid-April to May and late September to October, when flights and accommodation drop compared to summer but the weather remains comfortable.



2.2 Matching Season to Travel Style

  • Backpacker Europe: Aim for shoulder seasons for cheaper hostel beds and smaller crowds.
  • Families: Consider June or September, avoiding August where possible to reduce crowd pressure.
  • Digital nomads/long stays: Off-season city rentals (e.g. Lisbon, Kraków) can be much cheaper on monthly rates.


3. Getting to Europe from Singapore (and Back)

Flights are the biggest fixed cost for Singapore travelers. Think of this as your “entry cost” like Buyer’s Stamp Duty in Singapore property—once paid, the daily costs can be controlled.



3.1 Choosing Arrival Cities for Cheap Europe Travel

Instead of flying only into London or Paris, look at alternative hubs:



  • Istanbul, Warsaw, Milan, Athens: Often cheaper long-haul fares from Asia, with many low-cost connections across Europe.
  • Frankfurt, Amsterdam, Zurich: Major transit hubs where you can use miles or multi-city tickets creatively.


Multi-city tickets (e.g. Singapore → Istanbul, then Paris → Singapore) can save time and money if you plan an open-jaw itinerary rather than backtracking.



3.2 Intra-Europe Transport: What’s Cheapest?

For travelling between cities, the main budget options are[5][6]:



  • Long-distance buses: Often the cheapest option across Europe (e.g. FlixBus). Best for flexible backpackers willing to trade time for savings.
  • Budget airlines: Excellent for longer distances; watch baggage and airport transfer costs.
  • Regional trains: In some countries (e.g. Poland, Czech Republic, Spain advance tickets), trains can be very cheap and comfortable.
  • Rail passes: Eurail/Interrail can be cost-effective if you do many long train journeys in a short period[3].


Insider tip from frequent trips: For routes under 6–7 hours, compare bus vs. train vs. low-cost airline door-to-door. Many Singapore travelers underestimate airport transfer costs and time; sometimes a direct 6-hour bus from city centre to city centre beats a 1.5-hour flight with 3 hours of transit.



4. Currency, Exchange & Cost Benchmarks

Europe uses multiple currencies—primarily the euro (EUR) but also others like the Polish złoty, Hungarian forint, and Swiss franc. For Singaporeans used to the stability of the SGD, understanding exchange rates and fees is critical to save money Europe.



4.1 Managing Multi-Currency Travel

  • Use multi-currency accounts or cards that support EUR and popular European currencies.
  • Avoid airport exchange counters where spreads are poor; withdraw from ATMs in city centres when possible.
  • Decline “Dynamic Currency Conversion” (DCC) on card terminals and ATMs; always charge in local currency to avoid hidden mark-ups.


Homejourney’s focus on transparent financial information in Singapore—through our Bank Rates and mortgage comparison tools—reflects the same principle: understand your base currency, compare options, and avoid unnecessary fees.



4.2 Typical Budget Europe Costs (Per Day)

Region Backpacker Budget* Mid-Range Budget* Notes
Western Europe €80–€120 €130–€200 France, Germany, Netherlands, UK, Switzerland. Expect higher food & accommodation costs[3].
Central Europe €60–€80 €100–€150 Germany (smaller cities), Austria, Czech Republic, Poland[3].
Eastern Europe €50–€70 €70–€120 Hungary, Romania, Bulgaria; among the best value destinations[1][2][3].
Balkans €40–€60 €60–€100 Albania, Bosnia & Herzegovina, Montenegro; some of Europe’s cheapest, especially for food[2].
Scandinavia €100–€130 €180–€230 Norway, Sweden, Denmark; beautiful but pricey, plan carefully[3].


*Excludes flights; based on current budget travel data and may vary with inflation and exchange rates[3].



5. Top Budget-Friendly Regions, Cities & Experiences in Europe

To make the most of cheap Europe travel, mix a few iconic cities with more affordable ones. Think of it as balancing a property portfolio between Orchard and city-fringe heartland.



5.1 Eastern Europe & Balkans: High Value, Low Cost

  • Romania: Medieval towns like Brasov and Sighișoara, castles such as Bran and Peleș, and Carpathian mountain hikes at very reasonable prices[2].
  • Hungary: Budapest offers thermal baths, architecture, and vibrant food at mid-range Asian city prices rather than Western European ones.
  • Albania: Coastal towns on the Albanian Riviera rival Greek islands but at a fraction of the cost[2].
  • Montenegro: Spectacular Bay of Kotor, beaches, and mountains with more modest accommodation rates than Italy or Croatia[2].


In these regions, hostel dorms can start under €15–€20, simple restaurant meals around €5–€8, and local transport is inexpensive[1][2][3].

References

  1. Singapore Property Market Analysis 3 (2025)
  2. Singapore Property Market Analysis 1 (2025)
  3. Singapore Property Market Analysis 2 (2025)
  4. Singapore Property Market Analysis 5 (2025)
  5. Singapore Property Market Analysis 6 (2025)
Tags:Singapore PropertyInternational Travel

Follow Homejourney

Get the latest property insights and tips

Disclaimer

The information provided in this article is for general reference only. For accurate and official information, please visit HDB's official website or consult professional advice from lawyers, real estate agents, bankers, and other relevant professional consultants.

Homejourney is not liable for any damages, losses, or consequences that may result from the use of this information. We are simply sharing information to the best of our knowledge, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability of the information contained herein.