This is so entirely dependent on your own travel preferences that it's tough to estimate but we recommend putting aside roughly €700 to €1700 for spending money for one week in Europe.
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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.
Generally, the suggested daily budget for Europe is 30-85 EUR. You can use the chart below to get an idea of how much you need to budget daily. Keep in mind these are daily averages – some days you'll spend more, some days you'll spend less (you might spend less every day).
How Much Spending Money for One Week in Europe? This is so entirely dependent on your own travel preferences that it's tough to estimate but we recommend putting aside roughly €700 to €1700 for spending money for one week in Europe.
While your exact expenses depend on a lot of factors, here is the short answer to the question: how much do I need to budget for backpacking Europe? 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.
Resist the urge to buy foreign currency before your trip.Some tourists feel like they just have to have euros or British pounds in their pockets when they step off the airplane, but they pay the price in bad stateside exchange rates. Wait until you arrive to withdraw money.
What is the minimum amount required for Spain? Currently, the minimum amount is 100 euros per person per day, with a minimum of 900 euros or its legal equivalent in foreign currency (with effect from January 1, 2022).
You'll typically spend about $34 on food and $25 on local transportation daily. Also, expect to pay between $55 and $65 for accommodation per night. On average, a three-day visit to Spain will cost you about $381, while a week-long trip will cost around $889.
What is 85 euro a day rule? Current rules on Spain's Ministry of Interior website say: Currently, the minimum amount of money that you need to prove you have is €100 per person per day (£85), with a minimum of €900 (or its equivalent in foreign money) effective from January 1, 2022.
How Much Spending Money Do I Need Per Day? Virtually impossible to predict, we'd advise a figure roughly around €140 a day for spending money in Western Europe and about €60–140 a day for Eastern Europe.
Once you've reached your destination, avoid airport kiosks or other exchange houses. Your bank's ATM network is likely the best option. You may be able to withdraw cash in the local currency with competitive exchange rates and low fees (1% to 3%). Use your institution's app to find an ATM near you.
On average, it's a good idea to put aside enough for £135 of currency in the UK each day but your budget will ultimately depend on how you like to travel (for example, budget or luxury) as well as how long you'll be away for.
For budget travelers, you can expect to spend around $50 to $70 per day in Spain, while mid-range travelers can expect to spend around $100 to $150 per day. It's important to plan ahead and research activities and costs to create a budget that works for you.