Budget Tips

Apartments and Short Lets in Practice

By Jonah Reyes · May 8, 2026 · 4 min read

Apartments and Short Lets in Practice Four nights in Paris, a whole apartment, $1,500. That works out to $375 a night. It is a real number from a real…

Apartments and Short Lets in Practice

Four nights in Paris, a whole apartment, $1,500. That works out to $375 a night. It is a real number from a real booking, and it sits at the top end of what short lets cost. Most of the time the math is kinder than that.

Short-let apartments, when you look at the spread, run $40 to $80 a night. That range holds in smaller cities and gets pushed up in larger, more popular ones. So the Paris figure is not a typo or an outlier to ignore. It is what the top of the market looks like when a whole flat is booked for a short stay in a major city.

The Hostel Comparison

A dorm bed in a hostel runs $8 to $20 a night. A private room in an apartment sits somewhere between that and the $40–$80 short-let range. That gap is the whole decision in one line. If you are moving through eight countries, as one traveller was planning from Rio up to Colombia, the difference between $8 and $40 compounds fast. Twenty nights at $8 is $160. Twenty nights at $40 is $800. The same trip, two very different totals.

Renting a room in a shared apartment is the middle path. One traveller who did this for years could not recall exact figures but was confident the price was competitive with, or lower than, a hostel alternative. That is the useful part. A room in someone’s flat does not carry the whole-apartment premium, and it does not put you in a bunk room either.

What a Month Costs

Housing at $380 a month for a comfortable apartment is the number that matters if you are staying put. Add private healthcare at $90 and you are at $470 before food, transport or anything else. That is a monthly figure, not a nightly one, and it changes the arithmetic completely. Four nights in Paris at $1,500 is $375 a night. A month at $380 is $12.67 a night. Same category of accommodation, wildly different economies, depending on how long you stay and where.

The catch is that not all of Southeast Asia is equally cheap. Prices have risen in recent inflation-heavy years, and the numbers above are reference points based on current averages, not fixed rates. Exchange rates, inflation and season can move actual costs up or down. A figure that held two years ago may not hold now.

Getting Around Once You’re There

A Grab motorbike ride across 1 to 3 km of city runs 20,000 to 50,000 Vietnamese dong, which is $0.80 to $2.00. City buses in Hanoi and Ho Chi Minh City charge a flat 7,000 to 10,000 dong, or $0.30 to $0.40. Those are the numbers that eat into a daily budget or don’t. Two bus rides a day at $0.35 each is $0.70. Two motorbike rides at the low end is $1.60. Over a month, the difference is real but not enormous. Over three months, it adds up.

One traveller spent $816 flat over three weeks in Bali. That is $38.86 a day, covering everything. It is the kind of total you get when housing is cheap, transport is cheap and you are not booking whole apartments in capital cities.

The Fees Nobody Counts

Foreign ATM withdrawals carry their own cost. Many banks charge a flat rate of $1 to $5, or a percentage of the withdrawal, generally 1 to 3 percent. Take out $200 and pay a 3 percent fee, and you have lost $6 before you spend anything. Do that twice a week for a month and you have paid $48 in fees alone. That is more than a night in a hostel in most of the places listed here.

Long-haul flights are their own line item. A full-flat seat from Los Angeles to Tokyo on ZipAir runs $1,291 per person. That is not a budget fare, but it is the number for that specific product. It sits next to a $0.30 bus ticket in the same trip budget, which is the strange shape of travel spending. You can spend $1,291 getting there and $0.30 getting across town.

None of these figures tell you what to book. They tell you what the spread looks like. Four nights in Paris at $1,500 and a month somewhere else at $380 are both real. The distance between them is the entire argument for staying longer, going slower and treating the apartment as a base rather than a splurge.

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