The GoEuro Accommodation Price Index

The Accommodation Price Index is available in several languages:

Accommodation is the number one expense for both business and leisure travellers, topping the price of transport by 25% and dining by 40%.

In the last 10 years the hospitality industry has evolved significantly, and an increasing number of travellers are now favouring the unique experience and personal charm of staying in shared accommodation* over traditional hotels. Additionally, millennials are taking a greater share of the market, helping hostels grow at a faster pace than the hotel industry.

GoEuro has undertaken an impartial price index study of 150 cities** and over 60,000 properties to analyse the price effect on the industry and how this affects travellers. With the traveller in mind, we have not factored local purchasing power into the calculations*** in order to reflect real world prices. (This is not a comparison of different types of accommodation, but is instead a price ranking of the cities listed.)****
1New York (£)
USA
42726221417210741157
2St Moritz (£)
Switzerland
4382511221137729117
3Macao (£)
China
2251571231049922107
4Miami (£)
USA
433198138836533107
5Nassau (£)
Bahamas
34516114076622495
6Boston (£)
USA
1611179982652794
7Venice (£)
Italy
2491679883822193
8Dubai (£)
UAE
19813010386542590
9San Francisco (£)
USA
28913711899521990
10Monte Carlo (£)
Monaco
32517110276201585
11Cancùn (£)
Mexico
2051701074226985
12Bruges (£)
Belgium
208141103100611783
13Zürich (£)
Switzerland
2651079573843083
14London (£)
UK
2741379878512183
15Hong Kong (£)
China
22112210198621780
16Amsterdam (£)
Netherlands
1871039281682177
17Paris (£)
France
3011509771522375
18Liverpool (£)
UK
1501188469571875
19Geneva (£)
Switzerland
2491019679612573
20Sydney (£)
Australia
1771128361472572
21Dublin (£)
Ireland
150988476671069
22St. Tropez (£)
France
3781516244322469
23Washington DC (£)
USA
234827872521966
24Bern (£)
Switzerland
1961018367562666
25Melbourne (£)
Australia
1321057570421765
26Lausanne (£)
Switzerland
235967965512564
27Aberdeen (£)
UK
284756045412964
28Manchester (£)
UK
144907056551564
29Lagos (£)
Nigeria
2001527621201464
30Rio de Janeiro (£)
Brazil
176947944351663
31Cape Town (£)
South Africa
1821366551371163
32Newcastle (£)
UK
125725656371762
33Chicago (£)
USA
193888054471662
34Innsbruck (£)
Austria
156957950372462
35Edinburgh (£)
UK
163976942371660
36Muscat (£)
Oman
3071037050392160
37Singapore (£)
Singapore
1651027054321460
38Tokyo (£)
Japan
1841136043331760
39Toronto (£)
Canada
2291007657391459
40Punta Cana (£)
Dominican Republic
8441115126261559
41Bristol (£)
UK
152685948441658
42Jerusalem (£)
Israel
389956960511458
43Rome (£)
Italy
206856455461658
44Copenhagen (£)
Denmark
129856754411957
45Stockholm (£)
Sweden
117776951371856
46Glasgow (£)
UK
92765446451456
47Florence (£)
Italy
243796451451656
48Namur (£)
Belgium
1601096455321556
49Luxembourg (£)
Luxembourg
98715754521855
50Ghent (£)
Belgium
101756453421855
51Reykjavik (£)
Iceland
174926745261654
52Barcelona (£)
Spain
154766452401454
53Seoul (£)
South Korea
159946252511354
54Baden-Baden (£)
Germany
140976538262153
55Montreal (£)
Canada
1091007142391352
56Birmingham (£)
UK
107684931231451
57Lille (£)
France
110995546391751
58Liege (£)
Belgium
94645957371850
59Hamburg (£)
Germany
113735748241550
60Helsinki (£)
Finland
107646352441749
61Antwerp (£)
Belgium
127746449381549
62Haarlem (£)
Netherlands
90815544382249
63Rügen (£)
Germany
158945538301249
64Vienna (£)
Austria
149655043401349
65Stuttgart (£)
Germany
93634948352048
66Brussels (£)
Belgium
92635647471848
67Oslo (£)
Norway
209746536212548
68Utrecht (£)
Netherlands
82626054371547
69Madrid (£)
Spain
148605948351347
70Siracusa (£)
Italy
90834844322447
71Nice (£)
France
144765541361147
72Munich (£)
Germany
161655446311347
73Belfast (£)
UK
90755638161146
74Leeds (£)
UK
304625638371646
75Leuven (£)
Belgium
72635148431846
76Lyon (£)
France
110635146422145
77Modena (£)
Italy
79695645291445
78Milan (£)
Italy
257634639341445
79Ibiza (£)
Spain
136767028201845
80Mallorca (£)
Spain
169765134312245
81Marseille (£)
France
135725244341244
82Nuremberg (£)
Germany
71535143281744
83San Sebastian (£)
Spain
248555149411544
84Moscow (£)
Russia
107614536341044
85Istanbul (£)
Turkey
87654640361244
86Groningen (£)
Netherlands
112715453192044
87Bremen (£)
Germany
75675541341443
88Turin (£)
Italy
95704037361543
89The Hague (£)
Netherlands
72605040321643
90Toulouse (£)
France
78684444421642
91Las Palmas (£)
Spain
215824836321642
92Benidorm (£)
Spain
117764743281842
93Mons (£)
Belgium
65635448391542
94Corsica (£)
France
14067524128941
95Essen (£)
Germany
81544639351841
96Cologne (£)
Germany
85574941261441
97Reims (£)
France
433754942321441
98Lisbon (£)
Portugal
121674839311441
99Bilbao (£)
Spain
73524135321341
100Berlin (£)
Germany
102574337311141
101Delft (£)
Netherlands
64636242331741
102Ljubljana (£)
Slovenia
127645136321040
103Naples (£)
Italy
127594439341340
104Tallinn (£)
Estonia
87614528211039
105Frankfurt (£)
Germany
100514136321439
106Seville (£)
Spain
169494840281339
107Rotterdam (£)
Netherlands
79554337321639
108Cagliari (£)
Italy
79544138281139
109Buenos Aires (£)
Argentina
14778453425938
110Prague (£)
Czech Republic
136714618141138
111Sao Paulo (£)
Brazil
105574829181236
112Valencia (£)
Spain
108423734281336
113Malaga (£)
Spain
144643832251036
114Dortmund (£)
Germany
7551474032936
115Dusseldorf (£)
Germany
121503936251536
116Mumbai (£)
India
9355453324635
117Zagreb (£)
Croatia
67614429281034
118Tbilisi (£)
Georgia
17269442922634
119Lourdes (£)
France
127704024191334
120Alicante (£)
Spain
105462827261134
121Santiago de Compostela (£)
Spain
56433632291034
122Sarajevo (£)
Bosnia and Herzegovina
6160424021833
123Madeira (£)
Portugal
132573832282133
124Vilnius (£)
Lithuania
8951342517732
125Bogota (£)
Colombia
7657332221731
126Zaragoza (£)
Spain
59463231191331
127Sochi (£)
Russia
23542342821731
128Marrakech (£)
Morocco
12753322624631
129Beijing (£)
China
8352342817630
130Athens (£)
Greece
8851362821930
131Crete (£)
Greece
9551382814829
132Riga (£)
Latvia
15147312120729
133Faro (£)
Portugal
49452825231129
134St. Petersburg (£)
Russia
85483528141029
135Bratislava (£)
Slovakia
7944362518829
136Budapest (£)
Hungary
93473030161028
137Kuala Lumpur (£)
Malaysia
7753282018627
138Skopje (£)
Macedonia
6446282520627
139Mexico City (£)
Mexico
8851321411927
140Kiev (£)
UKraine
16148262014626
141Shanghai (£)
China
9250272211626
142Belgrade (£)
Serbia
10154302315826
143Warsaw (£)
Poland
47343024221026
144Bucharest (£)
Romania
69443221141125
145Bangkok (£)
Thailand
10051261919825
146Antalya (£)
Turkey
45342522161625
147Cairo (£)
Egypt
954329258424
148Sofia (£)
Bulgaria
5638282016623
149Hammamet (£)
Tunisia
52303020101422
150Tirana (£)
Albania
5645251412821
Click here to see our other travel and transportation price indexes.

Subscribe to our newsletter

Footnotes

  • * The Airbnb price should not be compared to hotel prices within the same city, as the factors we used only reflect a segment of the available offerings. To calculate the Airbnb price we averaged the median cost of booking an entire property for 2 and 4 people over a range from June 1 - December 31, 2014 to include high and low season periods. We collected data directly from the Airbnb website for over 40,000 properties across 150 cities.
  • ** Cities were chosen based on several factors. For cities outside of Europe, we selected based on population, size of hospitality industry, and number and availability of 1-4 star hotels. Additionally, for cities within Europe, we factored in the volume of inbound transport bookings on GoEuro over the past 12 months.
  • *** Our formula is based on the average cost of a hotel room, a hostel bed and an Airbnb property in each city. All prices converted from local currency to Euro using the Bloomberg exchange on Monday, November 17.
  • To calculate the hotel room price we averaged the median prices for 1, 2, 3 and 4 star hotels in each city for a stay in over a range from June 1 - December 31, 2014 to include high and low season periods. We also factored in prices for 1, 2 and 4 people, we then divided the total to get the price shown. In total, we collected data directly from hotels and several online aggregators for over 16,000 properties across 150 cities.
  • To calculate the hostel price we averaged the median rate of a single bed in a shared dorm in each city over a range from June 1 - December 31, 2014 to include high and low season periods. We collected data directly from hostels and several online aggregators for over 3,000 properties across 150 cities.
  • We calculated the price of a 5 star hotel separately to the price of a 1-4 star hotel, as the price range at the most expensive resorts are not always representative of the prices of a city as whole, and can vary dramatically based on season and availability. We used the same dates and factors as the 1-4 star hotel search when calculating the average price. We found that the more 5 star hotels a city has, the more affordable they become relative to the price of a 4 star hotel. eg. Dubai vs Punta Cana
  • **** An earlier version of this table included data for Airbnb properties. We have removed it because it was based on a different methodology, and therefore not directly comparable with our hotel data. Our apologies for any confusion this may have caused.