For travelers on a  budget, here comes a list of the most affordable cities in Europe. From  the eastern borders of the continent to its western edges, Europe will  not necessarily drain your pockets.
Check out these  amazing European cities which will suit a shoestring budget and money  conscious mind.   
8. Lisbon

 Lisbon. By McPig
Vibrant Lisbon, the capital of Portugal  and the biggest cultural center  in the country, is in fact a fairy  tale colorful town sitting on steep hills, where modern touches of  sophisticated restaurants and trendy night clubs mix with quaint  atmosphere of cobblestone streets winding through the city, old trams,  tiny espresso bars and rocking fado clubs. Lisbon is simply a legend. It  is also reasonably cheap when compared to cities of similar qualities,  such as Rome, Barcelona, Madrid or Athens. 
Located on the Atlantic coast, the city is an excellent option for  both the beach addicts and city dwellers. Truly, Lisbon is one of the  most rewarding capitals in Europe, and one of the most affordable in the  Western part of the continent. With delicious freshly ground thick cup  of espresso costing €0.50, super tasty local beer for just €2, cheap  public transport and affordable hostel prices, you could enjoy Lisbon  even when on a shoestring budget. 
7. Riga

 Riga. By Desmond  Kavanagh
Riga, the capital of tiny Latvia,  is the biggest and most vibrant city in the Baltic region. Often  called, the "Paris  of the East", Riga is a truly beautiful and fantastic city that combines   medieval architecture, relaxed atmosphere and modern developments. 
Fortunately, the prices are not Parisian and they would rather be  closer to Berlin's and Lisbon's daily traveling costs. Many visitors  expect the Latvian capital to be ultra cheap, though. In fact, it is  more expensive than other Eastern European capitals as its currency, the  Lat, is pegged to the Euro. Still, you can easily get by on €30 a day.
6. Berlin

  Berlin. By Aguno
It sounds a bit unreal that Berlin, the capital of Europe's financial  centre, Germany, may be cheap but, honestly, the city is the  most  affordable metropolis in Western Europe, with prices being nowhere close  to the costs of living and travelling in Paris, London or Moscow. You can eat,  sleep, get around the town and party on a budget and the quality of all  services is amazingly high for the price.
In many ways Berlin is so different from other German cities that  tend to be well-organized, wealthy, neat and, as a result, dull. On  the contrary, the German capital is everything but boring. Its clubbing,   fashion, art and design scenes are worldwide known and acclaimed, and  the  city's laid-back atmosphere, ultra friendly locals and low cost of  living will make you  want to stay longer.
5. Prague

 Prague. By aha42
Despite Prague's enormous popularity, this fabulous charming capital  of Czech Republic remains affordable. In terms of  attractiveness the city is put in the same league as Paris or Vienna,  but, thanks God, the prices are lower. The trick is to avoid the typical  tourists traps where prices are lifted beyond reasonable grounds and  venture the back streets of the city where locals dine, drink and party  for much less. 
As long as you stay out the Irish pubs, a pint of beer will cost you  around €1.5, hostel accommodation is between €10 and €15, and you will  also pay around €15 for a nice restaurant meal.  In search of budget  Prague, do not hesitate to spend a bit more and visit the city's  fantastic restaurants, splendid castle and amazing historical centre  filled with superb architectural jewels. It is also worth it.  
4. Budapest

 Budapest's bath. By hettie  gm
Another amazing and bargain destination in Europe is Budapest, the  capital of Hungary. It is not as cheap as it used to be a  couple of years ago, but you can still easily get by on between €30 and  €40 a day without too much sacrifice. The city will amaze you with its  baroque architecture, excellent museums, beautiful settings by the  romantic Danube River, energetic nightlife, cheap food and wine of  premium quality. 
Budapest is the city to go now - the country, though entered the  European Union structures in 2004, is still not in Euro zone so it is  still much cheaper than their Euro-zone neighbours - Slovakia, Austria  or Slovenia.  Oh, yeah, and don't leave the city without trying a bath  in one of the numerous thermal spa centers - not without reason the city  is called the Spa Capital of the World.   
3. Wroclaw

 Wroclaw. By smif
Just a few hours away from Berlin, Wroclaw is another city  destination where the package of good prices and great city ambience is  guaranteed. While the capital of Poland,  Warsaw, scares away tourists with high prices and Krakow is becoming  overcrowded, Wroclaw enjoys both affordable costs of living and greets  visitors with lots of fantastic verve, unforgettable vibe and  undiscovered spots. Asking less than €2 for a pint, around €10 for a  hostel and another €10 for a decent meal with a drink, Wroclaw is a  splendid option for travelers who are short on money.
2. Vilnius

 Vilnius. By aggrrh!
Vilnius, the capital of Lithuania,  is a cheaper version of Riga with a charm, magical ambience and vibe  that could be addictive. The historical old town, declared Europe's  largest baroque center by UNESCO,   fairy-tale cobblestone streets,  gorgeous people, and fantastic atmosphere make Vilnius one of the most  interesting cities in the area. 
No wonder the city was chosen the European Capital of Culture in  2009. To live up to this remarkable role, the city was renovated, many  buildings and monuments were restored and the city's face became even  prettier and more appealing. The prices are similar to those in Poland  and the country also does not have Euro, so it's better to hurry up and  head for Vilnius before it enters the Euro zone.      
1. Lviv

 Lviv. By Panoramas
Another European best-kept city secret is Lviv. This charming city,  located in the western part of Ukraine,  is the cheapest option among the cities mention above, and truly a  rewarding destination. As the country is not part of the European Union,  the prices remain low and affordable even for the most budget-conscious  visitor. A room in the hostels will cost you as little as €10 and local  beer in a bar is around €1. Of course, Lviv is worth a visit not only  because of its low prices. The city will amaze you with exceptional  architecture (its centre being listed a Unesco World Heritage site),  fabulous local markets and restaurants, bucolic surroundings and one of a  kind atmosphere.
 
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