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Most and Least Expensive European Cities

Athens

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Value: Athens

The Greek capital has been rocked by a debt crisis. The result? Austerity measures and decreased spending. It also means that tourism-related businesses are dropping prices in an effort to lure free-spending foreign visitors. You, perhaps.

  • Average 2010 hotel rate: $126 (down 9 percent)
  • Price of beer (12 oz.): $2.60–$5.19
  • Two-mile taxi ride: $3.63
  • State Department 2011 per diems: $333 (down 10 percent)
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