Travel Budget for Southern Europe

Daily travel costs in Southern Europe range from about $116/day (mid-range in Granada) to $194/day (in Mykonos). The regional average is around $142–$157 per person per day at mid-range level.

Granada in Spain is the most affordable city in Southern Europe, with mid-range daily costs starting at around $116 per person. Budget travelers can spend as little as $37/day.

Mykonos in Greece is the most expensive destination in Southern Europe, with mid-range daily costs up to $194 per person. Luxury travel there can reach $570/day.

Budget travelers in Southern Europe typically spend $45–70 per day in Portugal, Greece, and Turkey, and $60–90 in Spain and Italy. These estimates cover hostel or pension stays, local meals, public transport, and museum entries. Eating locally and avoiding peak-season pricing are the biggest cost levers.

Turkey and Portugal are generally the cheapest countries in Southern Europe for travelers. Albania and North Macedonia, while sometimes grouped with Eastern Europe, also fall within this region and offer even lower costs. Greece varies widely, with Athens and the mainland being affordable while popular islands like Santorini and Mykonos are expensive.

Italy is moderately expensive by Southern European standards, but good value is achievable. Rome, Florence, and Venice cost $70–100 per day at mid-range, while southern Italy, Sicily, and Sardinia interior offer significantly lower prices. Shopping at alimentari (delis) and eating aperitivo buffets can cut food costs substantially.

May through June and September through October offer the ideal combination of warm weather, swimming-friendly seas, lower prices, and fewer tourists. July and August bring peak heat, peak crowds, and peak prices across all Mediterranean destinations. Spring wildflowers and autumn harvests add seasonal character to shoulder visits.