Navigating Europe as a backpacker involves smart choices, especially when it comes to your budget. Here’s a balanced comparison of Madrid and Prague to help you decide.

Which City Offers a Lower Daily Budget?

Prague generally offers a lower daily budget for backpackers compared to Madrid. While backpackers typically spend an estimated €35-55 per day across many European cities, Prague often falls on the lower end of this range, roughly €35-60 per day. Madrid, being a Western European capital, tends to be pricier, with an estimated daily budget of €50-80 per day. These estimates include accommodation, food, transport, and a modest activity.

What Are Hostel Costs Like in Madrid vs. Prague?

Accommodation is a significant part of any budget. In Prague, dormitory beds in well-rated hostels typically range from €15-30 per night. Madrid’s hostel prices are generally higher, often falling between €20-40 per night for a dorm bed, particularly in central areas. Prices in both cities can fluctuate significantly based on seasonality; spring and fall typically offer lower prices than the peak summer months.

How Do Food and Drink Prices Compare for Backpackers?

Prague generally offers more affordable food and drink options. Backpackers can budget around €10-20 per day for food in Prague, relying on local eateries, street food, and self-catering. Meals at local restaurants typically cost €8-15 in European cities, and Prague often features prices at the lower end of this scale, especially for traditional Czech fare. In Madrid, food costs can range from €15-25 per day. While budget-friendly tapas deals exist, sit-down meals can be more expensive. Grocery stores in both cities provide excellent opportunities to save money on meals.

What About Local Transportation Costs?

Prague boasts an incredibly efficient and affordable public transport system. Daily transport costs, utilizing its extensive metro, tram, and bus network, are estimated to be around €3-7 per day. Madrid’s public transport (metro, bus) is also excellent, but slightly more expensive, with an estimated daily cost of €5-10 per day depending on usage. Both cities are walkable in their central areas, allowing for significant savings.

How Can Backpackers Save on Activities and Attractions?

Both Madrid and Prague offer numerous free or low-cost activities. In Prague, exploring Charles Bridge, Old Town Square, and Prague Castle exteriors are free. Many museums in Madrid, such as the Prado and Reina Sofía, offer free entry hours. Free walking tours are popular in both cities. Backpackers can allocate a modest €5-15 per day for paid attractions. Tools like AllInMap can help backpackers locate free amenities such as public restrooms and water fountains, further reducing daily expenses in either city.