When you try to calculate what kind of money to travel you’ll need, even rather cheap accommodation often sums up to big numbers. But, and you have probably guessed this by now, there is an endless number of variations to this issue as well. We have written about some of the different ways to stay on our Travel and Accommodation page.
Cost of accommodation
Of course, a journey with a 5 star accommodations requires a totally different budget than if your choice is hostels. But even hostels cost something. There are also other ways to cut your cost, even for cheap accommodation…

Some of the ways to drastically cut down on your accommodation budget can be Home Exchange, House Sitting, camping in the wild or Network Travel

We, all 5 of us, once spent almost 3 months in the US only using Network Travel. It not only kept our accommodation budget to a minimum (as good as zero) but it also gave us a way to travel that took us off the beaten tracks. This also gave us the possibility to meet with people we otherwise wouldn’t have met and be a part of their lifestyle and traditions. It was a journey where we met many old friends as well as many new ones.

It all really comes down to what your travel plans are. How flexible are you and how important is cheap accommodation to you? Is it just a place to sleep or does it in a way lay the foundation for your entire journey? Or put the other way around, is it the size of your budget that determine your choice of accommodation and therefore the character of your entire journey?

With a big travel budget a hotel might be the easy choice but maybe not the choice that will give you the most valued memories.

With the multitude of ways to find a place to stay you surely realize that it is impossible for us to give a price estimation that makes sense to everyone. But we want of course to give you a little hint of how you can estimate what the cost may be for you.

Our suggestion is to start at the top and see what figures you come up with. A hotel booking engine, like the one below, is a way to find out just how much hotel nights in different countries and cities may cost you.

Likewise if you are interested in finding out what the price of hostels may be you can use this booking engine:

Some different aspects that may have an effect on the price for accommodation is also of course if:

• You travel off season – It is all a matter of supply and demand. Demand is usually biggest during school holidays.
• You travel off the beaten track – If you find the hidden places it is also possible to find prices at a different level.
• You travel to “Cheaper Countries” – Going to a country that has a favorable exchange rate is also a way to keep the cost down.
• You stay for a longer time – Buying quantities is a way to get a lower price also for accommodation nights.

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13 Comments for this entry

  • Nice informative stuff. I agree with you that, 5 star accommodations requires a totally different budget than if your choice is hostels.

    Regards,

  • Magnus says:

    Yes Richard.

    And the cool thing is that it is possible no matter how much money you got to travel the world. You just have to adjust the circumstances to your budget.

  • According to me a cheap accommodation is a thing in which you can get all your desired services with in your budget. Anyways keep it up, keep sharing.

  • Magnus says:

    Thanks for the encouragement. I guess I can agree with that. The thing is what is cheap for one person may be expensive for the next. It is always relative to each budget. And there is always room to make it cheaper if that is your aim. In the end you might even get paid to stay somewhere :lol:

  • Really wonderful piece of information and I appreciate it that you share something so useful with the readers of this blog.

  • really great post dear i admire your work thanks for sharing this useful post with the users of this blog.if you consider your budget than cheap accommodation plays very important part.

  • Some times you think about to save money by cheap accommodation but it will take more money then your expectation. So you have to face so many problems. As i think cheap accommodation is not suitable for a better stay because it takes more money.
    .-= THE GAME@Marrakech Riad´s last blog ..Marrakech Property =-.

  • Magnus says:

    Jim & Monika – Thanks for your comments. Yes very often accommodation is definitely one of the biggest costs when travelling. But as we like to point out there are ways of adjusting it to a level that is suitable for you. But for sure there is money to be “made” here.

    The Game – I am not sure what you mean? But if you are saying that cheaper accommodation usually is of simpler standard I agree. I think there is always a relation in between price and quality. What one values most I believe varies from one person to the next.

  • Magnus thanks for approving my comment.i really appreciate your work and your advice.thanks a lot for sharing with the readers.great site.
    .-= monika@backpacking Sydney´s last blog ..Sydney Summer the Festival season =-.

  • Magnus says:

    Sure thing Monika. The spam filter thinks you are spamming. I got to have it otherwise the comments would be a disaster with all the spam. I am glad you enjoy what we are doing. :lol:

  • what?well i do not have any idea about this that why your spam filter thinks i am spamming.i am here only to comment quality information and wants good information from you.

  • Magnus says:

    Yes Monika, we appreciate your comments and that is why we approve them if we find them in the spam folder. The spam filter is there to stop all the rubbish we otherwise would get. But how it works I don’t know exactly…

  • great to read and the cool thing is that no matter how much money you got to travel the world. You just have to adjust the circumstances to your budget.

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