(Andreas Rentz / Getty Images ) The Backpacker Index is based on the price of a hostel bed (one night in a good location with good reviews), two public transportation rides, three budget meals, one cultural attraction and three inexpensive beers (or wine) for each day in each city.
Want to hop the pond? Europe ‘still reasonably priced’
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JANUARY 30, 2013
Tanya Mohn, NBC News Contributor

"Most of Europe is still reasonably priced for Americans," with costs in many cities similar to those in North America, said Roger Wade, who researched and compiled two recently released lists that rate 47 major European cities based on affordability.
Bucharest (Romania), Sofia (Bulgaria) and Krakow (Poland) are the cheapest major tourist cities on the European Backpacker Index for 2013. “In places like Krakow, Budapest, and Prague, it's still very easy to get a meal for $5 and beer for under $2 - in very pleasant surroundings,” said Wade, founder of Price of Travel, a site that compares expenses in cities around the world.