Eurostat Data Reveals Europe’s Cheapest and Most Expensive Countries for Hotels & Restaurants
Planning a European trip requires more than flight deals; daily costs for hotels and dining can make or break your budget. Recent Eurostat data provides a crucial 2024 snapshot, comparing hospitality prices across the continent and revealing dramatic differences that every traveler should know.
Understanding the Eurostat Price Level Index
Eurostat’s analysis uses a Price Level Index (PLI), where the European Union average is set at 100. A score above 100 indicates higher-than-average costs for a typical “basket” of hotel and restaurant services, while a score below signals better value. This index helps travelers gauge relative expense, not exact euro prices.
The Most Expensive: Switzerland Tops the List
Topping the chart is Switzerland, with a staggering index of approximately 171. This means travelers can expect to pay about 71% more for hotels and dining than the EU average. Its combination of high wages, strong currency, and premium tourism solidifies its status as Europe’s most expensive destination for these services.
Within the EU, Denmark is the costliest member state, with an index of 148. This aligns with the broader trend of high costs in Nordic nations, driven by elevated labor expenses and taxes.
The Most Affordable: Eastern Europe & The Balkans Offer Value
For budget-conscious travelers, the data highlights incredible value in Eastern Europe. North Macedonia holds the title of Europe’s most affordable country, with a price level index roughly 50% below the EU average.
Within the EU, Bulgaria is the cheapest member state, boasting an index of 53. This makes it a prime destination for travelers seeking rich cultural experiences without the high price tag, closely followed by other Balkan nations like Serbia.
Clear Regional Cost Patterns Emerge
The data confirms distinct regional trends:
Northern & Western Europe: Countries like Ireland, the Netherlands, Belgium, Germany, and France consistently show indices at or above the EU average (100), driven by strong economies and high tourism demand.
Eastern Europe & The Balkans: This region, including Bulgaria, Romania, and Poland, offers the best value, with indices significantly below 100 due to lower costs of living.
Southern Europe: Nations like Portugal, Spain, and Greece present a middle ground—more affordable than the north but not as cheap as the east. Italy is a notable exception, with costs hovering near the EU average, reflecting the enduring popularity of hubs like Rome and Venice.
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Smart Travel Planning with Price Data
This intelligence is key for trip planning. Luxury seekers may target Switzerland or Copenhagen, while budget travelers can stretch their euros further in Sofia, Belgrade, or Tirana. Understanding these disparities allows for smarter daily budgeting and destination selection tailored to financial comfort.
As Europe gears up for another bustling travel season, this Eurostat report underscores the continent’s diverse economic landscape. From the alpine peaks of Switzerland to the sunny coasts of Bulgaria, there is a European experience for every wallet, making informed planning more valuable than ever.
