clipped from gobudgettravel.com

Inspired by the recent Mercer HR study on the living costs of popular cities around the world, World’s Most Expensive Cities: June 2007, I decided to put together a similar study for budget travelers. The Mercer study looks at the cost of living for expats around the world, in order to determine which are the most expensive cities. I, on the other hand, was more interested in finding out how expensive various cities around the world are for budget travel. So, I made up a simple formula that I could then use to compare the cost of budget accommodation and inexpensive local meals of 94 different cities around the world. The formula is only based on these two variables, and provides a value that I call the “Budget Cost/Day” of a city. Below is a more detailed description of the two variables: