How to Make an Interrail Budget

How to Make an Interrail Budget

*Updated 2018.

Choosing to travel by interrail is one of the most exhilarating and cost effective ways of seeing the world. If you’re planning an interrail trip, you can make your funds stretch even further with a plan in place.

Here’s my guide on making an interrail budget that’ll work for you:

Firstly, find out how much money you have to spend on your trip:

How much money do you have?

Check your bank account and find out how much you have for your trip. This is really important as it effects how long you can go for, your accommodation and which countries you can visit; for example, Norway is a lot more expensive to explore than Romania.

As money will change your route, bite the bullet before you daydream about unrealistic destinations.

Secondly, make a list of your expenses and prioritise them based on your own needs:

What will your expenses be?

  • Travel bag (read backpack or wheeled suitcase?)
  • Transport including interrail ticket
  • Accomodation
  • Food and drink
  • Entrance fees/activities
  • Phone bill
  • Clothing (read what to pack)
  • Travel insurance
  • Travel injections e.g. Tetanus Vaccine
  • City taxes e.g. in Rome and London

Daily spending figure

Ideally, you want to end up with a spending figure for your days abroad. You can see my personal budget detailed in an earlier post.

A very rough example of my own budget (2015):

Total budget £3000
Transport* £550
Accommodation £1000
Everything else £1450
Average daily budget £24

*Transport fees included my flights from the UK to Bergen, and from Paris to Edinburgh, as well as train journeys not covered by the pass. Additional transport costs not pre-booked came from my average daily budget.

To summarise, I had a budget of £3,000 for two months, including the cost of my ticket and pre-booked accommodation. When this was taken away, I had about £1450 to spend while I was travelling, which comes to about £24 a day. This balanced out during my trip – sometimes I spent more, some days I spent hardly anything if I was just travelling from one place to another.

The best way to work it out is in a Google spreadsheet or in Excel. All the maths is done for you and you can update it as you go, ensuring you don’t needlessly overspend.

Interrail budgeting tips

Interrail Pass Arrives

Then, follow these top tips from my own experience to help you use your budget wisely:

Book accommodation in advance

You want to end up with a spending figure for your travel days so you can invest in attraction fees, nights out and trying the best local cuisine you can find. Before set-off, find accommodation for at least the first three or four destinations. This will give you some grounding as well as a general idea of overall cost. If you have a solid route and can plan ahead for all destinations, and don’t mind the commitment*, this is even better.

Personally, I booked everything in advance because I didn’t want to worry as a solo female traveller about having nowhere to stay, or being left with the dregs of unbooked accommodation; it’s also usually cheaper to book in advance.

This is also true for attractions and you can book online and usually save on fees. I booked in advance for the Colosseum and got a queue jump included. If you know you want to go, it’s worth that little bit of organisation.

Avoid train reservations and extra fees

During your research you’ll hear about services that book your reservations on trains for you, for a fee. It really isn’t needed. The trains rarely ever get full and you can reserve your seat up until the train leaves the platform. It’s actually a lot like buying a standard ticket in the UK, but you’re required to sit in an allocated seat; this is always checked.

Something I realised in my second month when my interrail pass ran out was that it’s worth going up to train staff at the ticket office rather than using the machines. The machines only offer the standard pricing but the officer has access to discounts and can tell you about cheaper times to travel.

When I left Venice I spent about twenty minutes going through the remainder of my journey through Italy with an officer and must saved around 60 Euros. Just ensure your tickets are validated to avoid fines.

Aside from travel, watch out in restaurants for forced service charges and ‘freebies’ before a meal or drink. I spent most of my time grabbing food on the go from vendors, which was a great and tasty way to by-pass this issue and save money.

Set a daily or weekly budget

It doesn’t sound remotely in the spirit of travel and being a free spirit exploring the world, but it makes sense to give yourself some time limits for expenditure. If daily seems too rigid, and I think I agree, set a weekly amount separate from accommodation and train costs.

You won’t look at it every day, maybe only twice a week, but it gives you that reality check and tells you when to step back and find something free to enjoy, like a city walking tour, which I can’t vouch for enough. Honestly. I did seven.

Free events and attractions

It doesn’t cost the Earth to see the world (coined by Get Jaunty, 6th June 2016). Lots of museums and interesting buildings such as Cathedrals are free to enter, there are free city walking tours which can last several hours and particularly in Eastern Europe, food is very affordable.

Are you paying too much?

Sometimes, you will need to pause and consider. If you think you’re paying too much for something, you probably are, but check online. Also make sure you know which country you’re in, which currency is correct and what the conversion rate is.

It’s actually easy to forget when you’re going from one country to the other, believe me. This happened to me in Belgrade and I had to hang onto the notes until my return. Not very safe to carry around.

If all else fails and you really can’t spend much for a couple of days, just sit in the hostel’s communal areas and make new friends. It’s a great way to end a day.

Be flexible

Sloths at Budapest Zoo

When it comes down to it, do not miss a once in a lifetime experience because you think you don’t have the money or are worried. If you can work around it – stay somewhere cheaper next time, grab food in supermarkets etc – then do it. If I ever doubted the cost of something, I asked myself what I thought the value of that experience was to me. That made it much easier to part with money.

In fact, I guarantee that when you come back you won’t even remember checking your budget or missing out on one activity for another, more important, event. You’ll have done so much that the sum of the journey will outweigh any cost. That being said, do plan, do save, do budget and do check!

As always, send me any questions! I spent so much time planning my interrail trip and am more than happy to share my experiences.

*On most hotels/hostels/b&b’s have no charge for cancellation up to 24 hours before your arrival date. I made the most of this and booked different properties nearer the time and saved money on last minute deals.

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