Traveling the world doesn’t have to drain your wallet! If you’re a backpacker, digital nomad, or just someone looking for a low-cost vacation, finding cheap hotels and hostels in budget travel destinations is key. Fortunately, there are countless destinations across the globe where you can stay comfortably without spending a fortune. From bustling cities to tranquil beaches, this guide explores the most affordable cities for backpackers and the best cheap hostels around the world. Whether you prefer cheap Airbnb destinations or a classic guesthouse, we’ve got you covered.
1. Hanoi, Vietnam – A Backpacker’s Paradise
Vietnam’s capital, Hanoi, is famous for its rich culture, vibrant streets, and mouthwatering street food—all at incredibly low prices. It’s one of the best budget-friendly hotels and hostels hubs in Asia, making it perfect for budget travelers.
Accommodation: Hostel beds start at just $5 per night, and budget hotels range from $10-$15.
Food & Transport: You can enjoy a hearty meal for under $2, and local buses or rideshares cost just a few cents.
Things to Do: Visit the Old Quarter, explore Hoan Kiem Lake, and indulge in Vietnamese coffee.
2. Kathmandu, Nepal – Adventure on a Budget
Nepal’s capital is a dream for budget travelers, especially those looking for low-cost adventure and spirituality.
Accommodation: Cheap hotels and hostels start at around $3-$10 per night.
Food & Transport: Traditional Nepali meals cost around $2, and local buses are incredibly cheap.
Things to Do: Trekking in the Himalayas, visiting temples, and exploring Thamel’s lively streets.
3. Krakow, Poland – Europe’s Hidden Budget Gem
Many assume Europe is expensive, but Krakow is an exception, offering affordable places to stay and rich history at low costs.
Accommodation: Budget hotels from $15 and hostels from $8 per night.
Food & Transport: A delicious Polish meal costs around $5, and public transport is under $1.
Things to Do: Explore Wawel Castle, visit Auschwitz, and stroll around the Old Town Square.
4. Goa, India – Beachside Bliss on a Budget
If you’re looking for cheap Airbnb destinations by the beach, Goa is an incredible choice with affordable stays and vibrant nightlife.
Accommodation: Beach huts and hostels cost as little as $7 per night.
Food & Transport: Street food is available for under $2, and scooter rentals are around $5 per day.
Things to Do: Beach hopping, exploring forts, and enjoying the nightlife.
5. La Paz, Bolivia – Affordable Andean Escape
La Paz is one of the cheapest capitals in South America, making it an ideal stop for budget-conscious travelers.
Accommodation: Hostels start at $6, and budget hotels cost around $12.
Food & Transport: Local meals are $3-$4, and public transport is almost free.
Things to Do: Ride the famous cable cars, visit the Witches’ Market, and hike the surrounding mountains.
6. Budapest, Hungary – Budget Luxury in Europe
Budapest offers low-cost travel destinations with beautiful architecture, historic sites, and cheap accommodation.
Accommodation: Budget hostels start at $8 per night, with budget hotels from $20.
Food & Transport: You can find hearty Hungarian meals for $5-$6, and a metro ticket is just $1.
Things to Do: Relax in the thermal baths, explore Buda Castle, and enjoy the Danube River views.
7. Siem Reap, Cambodia – Gateway to Angkor Wat on a Budget
Siem Reap is one of the best places to visit for budget travelers looking for both history and affordability.
Accommodation: Hostel stays cost around $4-$8 per night.
Food & Transport: Street food is around $1.50, and tuk-tuks are a fun, cheap way to get around.
Things to Do: Explore Angkor Wat, visit floating villages, and experience Khmer culture.
8. Sofia, Bulgaria – Europe’s Best-Kept Secret for Budget Travelers
Sofia is an underrated gem in Eastern Europe, offering cheap hotels and hostels with a mix of history and nightlife.
Accommodation: Hostels from $7, and budget hotels from $15 per night.
Food & Transport: A meal costs around $4, and metro rides are less than $1.
Things to Do: Visit Alexander Nevsky Cathedral, explore Vitosha Mountain, and enjoy the café culture.
9. Manila, Philippines – An Urban Escape with Budget-Friendly Stays
Manila is a great place to start your journey in the Philippines, offering some of the best budget-friendly hotels in Southeast Asia.
Accommodation: Budget stays start at $5 per night, with mid-range hotels around $20.
Food & Transport: Local meals cost about $2, and jeepneys make transport super affordable.
Things to Do: Visit Intramuros, enjoy Manila Bay sunsets, and explore the bustling markets.
10. Mexico City, Mexico – Affordable Luxury in Latin America
Mexico City is a cultural paradise with affordable places to stay, rich history, and fantastic street food.
Accommodation: Hostels from $6 per night, with boutique hotels for $20.
Food & Transport: Tacos for under $1, and metro rides for just $0.25.
Things to Do: Explore ancient ruins, visit the Frida Kahlo Museum, and experience Lucha Libre wrestling.
Conclusion
If you’ve been dreaming of traveling the world but worry about the costs, these top places with the cheapest accommodation in the world will help you explore without breaking the bank. Whether you prefer low-cost vacation spots, backpacker-friendly destinations, or cheap Airbnb destinations, these budget-friendly locations offer incredible experiences at unbeatable prices. So pack your bags, grab your travel essentials, and embark on an unforgettable adventure!
Where will your budget-friendly journey take you next?
