The amount of money you need to live comfortably in Europe depends on a variety of factors, including whether you're single or married, how long your trip will be, and what kind of accommodation you want to stay in. If all goes well and things go as planned, most travelers can get by on about $40-$70 per day total budget, for food and drink may cost you around $8-$14, $20-$30 for accommodation in a dorm, $5-$10 for other costs such as laundry and transport.