There's no need to beat around the bush: Europe has a reputation for being a bit on the pricey side. While it's true that in some places soaring popularity combined with only so much supply has conspired to shoot prices into the stratosphere, there are still plenty of corners of the continent that offer excellent value, often much cheaper than cities in North America.
But you have to know where to look.
The following list of Europe’s cheapest cities includes some of the continent's most affordable destinations where you won't have to sacrifice any of the quintessential "European-ness" to save some money. All of these cities have been recently featured on one or more recent surveys of Europe's cheapest places or have personally saved the author some cash during a firsthand visit.
Lisbon, Portugal
The capital of Portugal consistently shows up near the top when it comes to European cities near the bottom of the expense department. Home to budget-friendly food & drink (wine, coffee and seafood are especially affordable here), reasonable accommodation and sweeping views that won't cost you a cent to savor, this city offers a great combination of cost and sun-kissed European city experiences.
Bird's eye view of Vilnius old town from Gediminas' Tower, Lithuania. (photo via iiokua / iStock / Getty Images Plus)
Vilnius, Lithuania
The capital of Lithuania is compact, quirky and loaded with beautiful Baroque architecture. It's also a very affordable place to spend a few days. When it comes to eating and drinking, you'll be pleasantly surprised at the flavors and prices of the local dishes and the delicious Lithuanian beer (quirky farmhouse ales crafted by passionate homebrewers are the nation's calling card), which is available at great prices at great cafes and bars like Alaus Namai.
Krakow, Poland
Offering perhaps Europe's best combination of price and prettiness, Krakow and its Old Town is the exact type of cityscape you expect to see in Europe. The historical heart of Poland, Krakow is a perennial favorite among travelers for its ambiance and historical sights (the Royal Route and its wealth of sights get rave reviews) while consistently being friendly on the wallet.
Acropolis in Athens in spring. (photo via sborisov / iStock / Getty Images Plus)
Athens, Greece
Those who rush off to the islands and skip action-packed Athens lose the chance to get to know one of Europe's undersung capital cities—a place that won't cost you a ton of dough compared to other cities with A-list historical attractions. After a day spent seeing the sights, you'll appreciate the ability to bounce between rustic tavernas and family-run restaurants that will fill you up without upping the bill beyond reasonable.
Porto, Portugal
Located a few hours north of lovely Lisbon, Portugal's second-biggest city has also stepped into the limelight lately, rivaling the capital with its breathtaking views, bridges and charming working waterfront—with very similar prices. Trendy cafes and boutiques add to the appeal of Porto alongside fun local dishes like the filthy delicious Francesinha sandwich, while the proximity to the picturesque Douro River Valley makes it an ideal base for a less expensive European vineyard voyage.
Sunset over The Blue Mosque in Sultanahmet district, Istanbul, Turkey. (Photo Credit: MasterLu / iStock / Getty Images Plus)
Istanbul, Turkey
Two continents at one low price, that's the offer on the cards in Istanbul, one of the world's most captivating cities. Loaded with characterful guesthouses and cheap eateries (just one of the locally famous pide baked & topped bread might fill you up for the day), the city caters to travelers seeking affordability without compromising an exhilarating experience. Sights like the Blue Mosque, Hippodrome and the Galata Bridge are all free to experience, to say nothing of what is perhaps the best free experience in the city: wandering the bazaars. Another fun way to pass the time without putting a dent in your trip fund is to sit by the Bosphorus River with a glass of (very cheap) tea, just like the locals do. All before taking an affordable ferry across to Asia, you know, just to say you did it.
Budapest, Hungary
Despite its surging popularity, the Hungarian capital continues to show up near the top of any list of cheap European destinations. From stylish budget hotels to super cool hostels and luxury digs overlooking the Danube, you'll consistently get good value here. Take a walk across one of the city's remarkable bridges over the Danube and walk up Gellért Hill for great views, then come back down and have a soak in one of Budapest's world-famous thermal baths. Admission to the baths won't be free, but it won't break the bank either. Food is hearty, kissed with paprika and also very affordable.
Castle Square in Warsaw, Poland. (photo via Marcus Lindstrom/E+)
Warsaw, Poland
The Polish capital is finally getting its due, attracting visitors eager for a true European city experience that feels both undiscovered and inexpensive. Warsaw boasts the best of city life (cool districts like Praga can go toe-to-toe with any hip ‘hood on the continent), buzzing nightlife and captivating landmarks & museums. Speaking of budget-friendly food, Warsaw is a wonderful place to taste the best of the entire nation of Poland in one place.
Lille, France
Located in the far north of France, Lille proves that travelers can still find places where they can revel in the best aspects of French culture without breaking the bank. Stroll through the picturesque Old Town (admiring its impressive Flemish architecture and cobblestone streets) before admiring Lille Cathedral and the elegant Grand Place. Add to this an excellent culinary and beer-brewing reputation—that comes in at a fraction of other French cities—and you have an underrated and underpriced destination.
Sofia, capital of Bulgaria on a sunset, magnificent view from above over the historical buildings (photo via sfabisuk / iStock / Getty Images Plus)
Sofia, Bulgaria
In Bulgaria's capital, travelers looking to save some cash can enjoy a bevy of enriching experiences without sacrificing much. Wander your way through the city, where the beauty of Alexander Nevsky Cathedral and the ancient Roman ruins of Serdica will give you a lay of the land and a newfound appreciation for Bulgarian history. Then, explore the bustling Central Market Hall, where locals and visitors alike gather to shop for spices and produce, all at affordable prices. When it comes time to go out for dinner, the prices you'll come across will be consistently budget-friendly.
Aerial view of Puerto de la Cruz,Tenerife. (photo via Balate Dorin / iStock / Getty Images Plus)
Tenerife, Spain
Located in the Atlantic Ocean off the coast of Africa, the Canary Islands have long been a go-to for Europeans craving a little sun and "vitamin sea". With prices that border on downright cheap, the word is spreading across the pond to North Americans now as well. Tenerife is where you'll typically find the best values in the Canary Islands and the island is famed for its beaches, cliffs, dramatic volcanic landscapes (stunning Mount Teide National Park is home to Spain's highest peak), historic towns, waterparks and year-round sunshine. All at a significant discount compared to European destinations on the continent.
View on Belgrade old part of town and the river port (Photo via vladimir_n / iStock / Getty Images Plus)
Belgrade, Serbia
The capital of Serbia blends history, cosmopolitan charm and stunning scenery unlike anywhere else in southeastern Europe, at prices that will have you doing double takes at bills. Dive into the legacy of Nikola Tesla at his namesake museum, marvel at the majestic Saint Sava Church and catch a sunset at Kalemegdan Fortress, before savoring a meal in the bohemian vibes of Skadarlija district. Trust me, you'll be pleasantly surprised at how far your travel funds stretch.
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