How long can you travel Europe on 5000?

So, how much money do you really need for 3 weeks in Europe? While it varies depending on your travel style and destination, a budget of around $2,000 - $5,000 USD should cover your expenses. Of course, this is just a rough estimate - the more you can save, the better!



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From December 1 to January 22, 2017, I made my way through Europe with only a backpack and a $5,000 budget. As great of a trip as it was, I learned a lot about living out of a backpack. There are many things I would do differently if I were to go back to save money and have other experiences.

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If managed carefully, a $5,000 budget is more than enough to eat and drink your way across the continent on a 10-day or two-week trip –or perhaps even longer.

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You can fly with any amount of cash. No law prohibits you from bringing any amount of money on a flight. Likewise, TSA has no rules that limit how much money you can bring through security. In other words, TSA has no cash limit per person.

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5 spectacular budget vacation ideas for under $5,000
  • Bistro hop throughout Europe. It's hard to miss when it comes to Europe – cafes, museums, architecture, culture. ...
  • Trek across Patagonia. Feeling bold? ...
  • Cruise the United States in style. ...
  • Unwind on Caribbean shores. ...
  • Unlock the wonders of Southeast Asia.


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If you are stopped by a U.S. Customs and Border Protection officer and more than $10,000 are found on your person or in your belongings, and this money was not declared, you run the very real risk of CBP taking all of the money you were carrying and keeping it.

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Deals directly to your inbox So, how much money do you really need for 3 weeks in Europe? While it varies depending on your travel style and destination, a budget of around $2,000 - $5,000 USD should cover your expenses. Of course, this is just a rough estimate - the more you can save, the better!

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But for long-term budget travel, I usually recommend planning to spend at least $1500 per month. So that means to backpack around the world for 6-months, you should have at least $9000 in your bank account before you leave.

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No, it is not possible to travel across Europe in 30 days for 5000. It would be a very tight budget and you would have to make some sacrifices along the way.

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Using the Schengen Area
As many countries are in the EU, there is freedom of movement rules for their residents. This gets carried over temporarily for visitors. So, you can stay 90 days within a 180-day period, which means you can live in Europe for three months without having to get a visa.

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With 10,000 USD, you could easily travel around Europe for a few weeks. You could stay in budget hostels and eat at local restaurants or cook your own meals. If you plan carefully and look for deals, it's possible to stretch that amount even further.

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It can be done, but you'd have to budget money carefully and watch how much you spend on food, sights, etc (and that takes away some fun & spontaneity. I prefer to go the 3 star route and free up extra spending money (I'd still avoid fancy dinners every night).

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Backpackers should expect to spend between $40 – $70 USD/day in Eastern Europe, $70 – $100/day in Western Europe, and $150 – $200/day in the Nordic countries.

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Generally, $20,000 is the baseline cost for a trip around the world for one person for one year. This estimation falls in line with popular recommendations that budget travelers can spend an average of $50 a day on the road, and allows additional budget for flights and vaccines.

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A good rule of thumb for planning a trip to Europe is to take at least six months. And if you really want to benefit from early preparation, a year may be even better.

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No law prohibits you from bringing any amount of money on a flight. Likewise, TSA has no rules that limit how much money you can bring through security. In other words, TSA has no cash limit per person. So you can bring any amount of money to the airport.

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YOU ARE ALLOWED TO CARRY AS MUCH CASH AS YOU WANT OUT OF AND INTO THE UNITED STATES. To summarize up front: no, you are not restricted to traveling with sums of $10,000 or less. In fact, you could travel with a checked bag stuffed to the brim with cash — as long as you declare the amount beforehand.

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It all depends on where you're going and what you plan to do during your trip. As you can see from our travel costs table above, some European cities are cheaper or more expensive than others. As a general rule, though, it's a good idea to budget at least $100 a day for your vacation.

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