Europe's 10 cheapest cities to visit

As we live in a age of austerity with the continental countries of Europe facing unprecedented EU challenges, such as escalating inflation rates, higher VAT and with the general impact of the credit crunch and import costs, future tourists are starting to look carefully which destination offers the best value for summer 2013 or a winter break.

Here below is the updated list of Europe's 10 cheapest major cities to visit.

The greatest surprise on the list is London, which due to the fact it is outside the EU prices are relatively falling enabling it to reach Europe's bargain hotspot top 10 for the first time in 5 years. This is good news for Olympic Games visitors, however we must balance this information with the recent increase in exchange between the euro and the Pound Sterling, making it more expensive to buy GB Pounds now than in the last 5 years or so.

It's interesting to see that London is sixth on the list and the Norwegian capital Oslo last. 

10 Cheapest European Cities:

1. Warsaw, Poland.
2. Prague, Czech Republic.
3. Budapest, Hungary.
4. Vilnius, Lithuania.
5. Brussels, Belgium.
6. London, England.
7. Berlin, Germany.
8. Lisbon, Portugal.
9. Dublin, Ireland.
10. Madrid, Spain.