Cheapest places
Which are the cheapest countries to visit in Europe?
Facts checked against the cited sources on
Europe has an unusually good official yardstick for price differences. Every few years national statistics offices price more than 2,000 goods and services in a common basket, and Eurostat publishes the result as price level indices with the EU27 average equal to 100. A country at 50 is about half as expensive as the EU average on that item, and one at 150 is half as expensive again.
This page uses the 2024 figures from Eurostat's dataset prc_ppp_ind, which we read in October 2026. We list eleven countries from the low end, chosen by the restaurants-and-hotels category, and show three other categories beside it. For a worldwide view, see our companion page on the cheapest countries to visit.
How we chose the countries
We sorted all countries in the dataset by the restaurants-and-hotels index for 2024 and took the lowest eleven that are individual countries. Eurostat describes this category as covering restaurants, cafes, pubs, bars, canteens, hotels and youth hostels. It is the nearest published match to what a visitor spends on food out and a bed, although it is an average across all customers.
The list is a reading of one index in one year, so it is not our own ranking of destinations. It also says nothing about distance, flights, safety or how much there is to see. Moldova, Ukraine, Belarus and several other European countries are outside the 36 countries Eurostat surveys, so they cannot appear here even if their prices are low.
What the Eurostat index measures
A comparative price level index divides a purchasing power parity by the market exchange rate and sets the EU27 average to 100. Eurostat's explanatory article says the surveys cover more than 2,000 goods and services and are run by national statistical institutes in a three-year cycle, with prices from intervening years brought forward using consumer price indices. Purchasing power parities are also the basis of the World Bank's worldwide comparisons, where the Bank describes them as a way to convert GDP and its expenditure components into a common currency.
The index is built for comparing countries, not for budgeting a trip. Eurostat notes that service prices vary more than goods prices because wages differ so much, which is why restaurants and hotels spread more widely than food. It also cautions that where countries cluster closely, small differences in the index may not be meaningful and the order can change with the data used.
North Macedonia, Albania, Montenegro, Serbia and Bosnia and Herzegovina
North Macedonia has the lowest restaurants-and-hotels figure in the dataset at 49.5, and Albania is next at 52.3. Montenegro (65.5), Serbia (68.2) and Bosnia and Herzegovina (74.6) are higher but still well below the EU average. North Macedonia also has the second-lowest overall consumption figure at 49.6, behind only Turkiye.
Within this group the picture is mixed on food. Albania's food index is 98.7, close to the EU average, while North Macedonia's is 73.0. So the cheap restaurants-and-hotels reading does not mean cheap supermarkets everywhere. Our stays in Tirana and along the coast are listed on the Albania page.
Bulgaria and Romania: the cheapest inside the EU
Bulgaria is the cheapest EU member on restaurants and hotels at 53.2, and Romania follows at 68.5. Bulgaria's national statistics office, reporting the Eurostat 2024 results, also lists Bulgaria, Romania and Hungary as the three lowest EU countries for the category. Bulgaria's overall consumption level is 56.9 and Romania's 57.4, so both sit well below the EU average across the whole consumption basket.
Their food indices differ: Bulgaria is at 87.1 and Romania at 74.6, so groceries are relatively cheaper in Romania on this measure. Our Sofia and Bucharest listings offer a base in each capital.
Hungary and Czechia: cheap meals, different housing costs
Hungary's restaurants-and-hotels figure is 71.8 and Czechia's is 74.1, both about a quarter below the EU average. The two diverge in housing, water, electricity, gas and fuels: Hungary is 61.1, while Czechia is 103.3, slightly above the EU average.
That housing category reflects what residents pay for homes and utilities, not holiday rentals, but it is a useful warning that a country cheap for dinner may not be cheap for a long stay. Browse Budapest to compare what is on offer.
Turkiye: lowest overall, mid-table for restaurants and hotels
Turkiye has the lowest overall consumption price level in the dataset at 46.8, and its housing index of 24.1 is the lowest of any country shown here. On restaurants and hotels it reads 68.9, seventh lowest among the countries in this table. The gap shows why one headline number can mislead.
Housing, at 24.1, is one category that pulls the overall figure down, and it is a cost visitors seldom meet, so the restaurants-and-hotels reading is the closer guide for a short trip. Its price levels also respond strongly to currency moves, as they do for any country with a floating exchange rate.
Portugal and Spain: the cheapest of western Europe
Portugal reads 75.5 for restaurants and hotels, and Spain reads 83.9. On that category they sit below France (110.0), Germany (112.1) and Italy (106.9). Portugal's overall figure is 85.0 and Spain's 90.7.
These are the countries on this page where the gap to the EU average is smallest, so they suit travellers who want a lower price than the north without leaving the eurozone. A kitchen helps with longer stays, as our guide to cooking in an aparthotel kitchen explains.
The eleven side by side
The table shows three Eurostat price level indices for 2024, ordered by restaurants and hotels. Lower means cheaper than the EU27 average of 100. Food figures are in the sections above.
| Country | Restaurants and hotels | Housing and utilities | Overall consumption |
|---|---|---|---|
| North Macedonia | 49.5 | 37.8 | 49.6 |
| Albania | 52.3 | 51.6 | 62.9 |
| Bulgaria | 53.2 | 38.1 | 56.9 |
| Montenegro | 65.5 | 39.6 | 57.9 |
| Serbia | 68.2 | 39.2 | 61.4 |
| Romania | 68.5 | 52.0 | 57.4 |
| Turkiye | 68.9 | 24.1 | 46.8 |
| Hungary | 71.8 | 61.1 | 68.3 |
| Czechia | 74.1 | 103.3 | 80.2 |
| Bosnia and Herzegovina | 74.6 | 31.0 | 59.7 |
| Portugal | 75.5 | 80.1 | 85.0 |
Limits of this list
The data are from Eurostat's COICOP 1999 dataset, last updated in July 2025, with 2024 as the reference year. Eurostat's current explanatory article, read in October 2026, refers to a newer 2025 reference year, which we did not pull, so a later edition may reorder close neighbours. Differences of a point or two, such as Romania against Turkiye on restaurants and hotels, should not be read as a ranking.
The index does not capture tourist-district pricing, seasonal peaks, city taxes or transport costs to reach the country. A capital's resort or old-town prices can sit well above the national average, and winter and summer rates on the coast can differ sharply. Use the figures to choose where to look, then check live prices for your dates.
Practical notes for a low-cost European trip
A lower index can offset a more expensive journey, so compare the total of travel and accommodation rather than the price level alone. Our guide to aparthotels in Europe covers what to expect from city-centre stays.
The table with our own median nightly prices for the countries above appears below, sorted from lowest, so you can see how our listings compare with the Eurostat picture. For some countries we may hold few stays, in which case the table shows fewer rows.
Aparthotel stays in these countries
From our own catalogue, computed 8 October 2026. Prices are the median lowest nightly rate per property for two adults, two nights, about two weeks ahead, in euros. They move daily and are not a forecast.
Frequently asked questions
Which European country is cheapest for restaurants and hotels?
In Eurostat's 2024 data, North Macedonia has the lowest restaurants-and-hotels price level at 49.5 on a scale where the EU27 average is 100. Albania (52.3) and Bulgaria (53.2) follow.
What is the cheapest EU country to visit?
On the restaurants-and-hotels index for 2024, Bulgaria is the lowest EU member at 53.2, followed by Romania at 68.5. Bulgaria's national statistics office, reporting the same Eurostat results, lists Bulgaria, Romania and Hungary as the three lowest EU countries for it.
What does an index of 50 mean?
With the EU27 average set to 100, a value of 50 means prices for that item are about half the EU average once converted at market exchange rates. It compares countries and is not a daily budget.
Why is Turkiye low overall but not lowest for restaurants and hotels?
Its overall consumption index is 46.8, the lowest in the dataset, but that includes housing at 24.1, a cost visitors rarely meet. Its restaurants-and-hotels reading is 68.9, which is the better guide to a visitor's spending.
Does this list include every European country?
No. Eurostat surveys 36 countries: the EU27, Iceland, Norway, Switzerland and six candidate countries. Others, such as Moldova or Ukraine, are not in the dataset.
Stays and pages mentioned in this guide
Keep reading
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- Aparthotel Check In: Times, Late Arrival, Self Check-In
How aparthotel check in works: typical times, what to bring, what to do about a late arrival or closed reception, and how self check-in and key access operate.
- Aparthotel Hidden Fees: Extra Charges and City Taxes
Which extra charges can sit outside an aparthotel's headline rate: city and tourist tax, cleaning fees, resort fees, parking and deposits, and how to spot them early.
- Aparthotel Packing List: What to Bring and Skip
An aparthotel packing list built around the kitchen, laundry and extra space: what to confirm first, what to carry, airport liquid and battery rules, plugs and more.
Sources
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