Where to Go for the Cheapest Drinks in Europe

  • Drinks cost half as much in Budapest as in seven other top cities popular for city breaks
  • Amsterdam and Ibiza are cheapest bets away from Eastern Europe
  • Dublin is most expensive of 10 surveyed by Post Office® Travel Money

A new survey by Post Office Travel Money confirms that the cost of an evening out can vary vastly – depending whether it is in Barcelona’s Ramblas, Dublin’s Temple Bar or the old towns of Eastern Europe.

Post Office Travel Money research found there is no beating Budapest for the price of drinks in its City Costs Drinks Barometer of 10 popular destinations, with Prague and Riga also eclipsing the cities surveyed in Western Europe.

Prices for 10 drinks, ranging from beer, wine and champagne to cocktails, were surveyed in popular tourist haunts. Budapest’s total of £19.76 /$30 was less than half the price charged for a basket of drinks in seven of the other 10 cities surveyed.

Prague (£25.91/$40) was runner up to Budapest – although cocktail-lovers can shave 40p/60m cents off each drink in the Czech capital. While the cost of a Mojito, Cosmopolitan or Margarita averaged £3.78/$5.86 in Budapest, it fell to £3.38/$5.24 in Prague. Another Eastern European city, Latvian capital Riga was third cheapest in the survey (£34.03/52.79).

Away from Eastern Europe, traditional city break favourite Amsterdam is likely to be the cheapest option for a celebration short break. At £41.27/$64 for the 10 drinks, it was over 13 per cent cheaper than Paris (£47.59/$74), the number one city break destination and a popular choice among young women.

Party capital Ibiza (£43.11/$67) also scored well in the survey. However, the size of the bar bill depends what you drink. A gin and tonic (£6.69/$10.38) was more expensive in Ibiza Town than in any of the other cities surveyed and a cocktail (£7.43/$11.53) was among the highest priced.

The two most expensive cities surveyed were Dublin and Barcelona. At £53.42/$82.87, the in-vogue Spanish city presents a polarised picture. It was the most expensive for four drinks including cocktails (£7.45/$11.56) and Southern Comfort (£11.17/$17.33). However, stick to beer or lager (both £2.23/$3.46), wine (£2.61/$4 a glass) or champagne (£3.91/$6.07 a glass) and the prices charged were among the cheapest in the survey.

The opposite was true of Dublin (£55.65/$86.33), priciest in the Post Office survey and the most expensive for five of the drinks: beer, lager, wine, champagne and dry martini. A glass of champagne costs £8.92/13.84, around four times as much as in Budapest or Prague.

 

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