Backpacking New York City (The Definite Budget Guide)

Backpacking New York City (The Definite Budget Guide)

(First-Hand Travel Experience & Price Comparison)

This guide is part of our main page where you can compare all hostels in New York City. Instantly find the best-rated hostels and real-time prices from Hostelworld and Booking.com. Compare prices side-by-side and save money every time. Learn how we compare prices.

If New York feels “too expensive” to backpack, welcome to the club—I said the same thing until I hacked the subway, found $2 pizza (I don't like pizza, but at 2$, I do), and slept in a dorm with a view of the Empire State Building’s backside.

This backpacking New York City guide packs every money-saving nugget I learned after multiple trips so you can skip rookie mistakes and jump straight into rooftop sunsets.

Top Picks: The Best Hostels in New York City

Hostel Price Statistics & Key Numbers in New York City

Total number of hostels 22
Typical dorm bed prices in New York City $21
Private room costs in New York City $153
Cheapest hostel in New York CityThe Brooklyn Riviera for only $31
Popular Party Hostel in New York CityNY Moore Hostel
(7 hostels for partying in total)
Where to stay in New York City on a budget? Manhattan - Upper West Side, Manhattan - Chelsea, Brooklyn

Budget & Estimated Daily Costs in New York City

Top 10 Tips for Your First Time in NYC.jpg

NYC is pricey but survivable with strategy.

  • Shoestring: €70-90 covers a dorm bed, three cheap eats, and a MetroCard.
  • Comfort: €110-140 adds craft-beer nights, a Broadway lottery ticket, and better coffee.
  • Splurge: €160+ buys a private hostel room and nonstop avocado toast.

Reality check: dorm beds eat half your budget, but free city parks and pay-what-you-wish museums keep costs sane.

Typical Daily Expenses in New York City

  • Accommodation (dorm): €55 in shoulder season; €75+ in summer.
  • Food total: €25-35.
  • Breakfast: €5-7—bagel + coffee from a corner cart.
  • Lunch: €8-12—halal platter or deli sandwich.
  • Dinner: €12-18—ramen, tacos, or dollar-slice crawl.
  • Local transport: €2.90 per subway ride; weekly pass breaks even after 12 rides.
  • Attractions: €0-15 per day if you target free hours and city passes.
  • Entertainment & extras: €10-20 for thrift finds or happy-hour beers.

Overall, €80 a day is a lean backpacker target; €120 adds breathing room.

Short and crisp: The Best Hostels in New York City

  1. American Dream Hostel - best for Digital Nomads, Solo Traveller, Youth Hostel
  2. Big Apple Hostel
  3. The Pod Hotel - POD 51 Hostel - best for Capsule Hotels, Female Solo Traveller, Solo Traveller
  4. HI New York City Hostel - best for Digital Nomads, Family-Friendly Hostel, Female Solo Traveller, Quiet Rest, Solo Traveller
  5. International Student Center New York - best for Couples, Family-Friendly Hostel, Female Solo Traveller, Solo Traveller, Youth Hostel

Money-Saving Tips

  • Grab a 7-day MetroCard even for a 4-day stay; unlimited swipes add freedom.
  • Book hostels Sunday-Wednesday—weekend rates leap.
  • Use pay-what-you-wish slots at the Met (Friday night) and Whitney (first Friday).
  • Skip airport taxis—AirTrain + subway costs under €10.
  • Download the Too Good To Go app for discounted bakery boxes after 8 p.m.
  • Fill a bottle at public fountains; bodega water creeps to €3.
  • Walk the bridges—free skyline views beat any observation deck fee.

Getting Around New York City on a Budget

Getting-Around-New-York-City-on-a-Budget.jpg

  • The subway runs 24/7 and reaches all boroughs; late nights ride in busy cars.
  • Ferries cost a subway fare and double as mini-cruises—try the South Brooklyn route.
  • Citi Bike day pass is cheap cardio; docks blanket Manhattan and Brooklyn.
  • Walking is legit—uptown to downtown takes 90 minutes if you window-shop fast.
  • Skip yellow cabs unless you split the fare, or it’s pouring sideways.

Best Free & Budget-Friendly Attractions

Best-Free-&-Budget-Friendly-Attractions.jpg

Free Things to Do

  • Central Park ramble + Bow Bridge selfies.
  • Grand Central Terminal celestial ceiling gawking.
  • Staten Island Ferry past Lady Liberty.
  • High Line sunset stroll with street performers.
  • Brooklyn Bridge walk at dawn—zero tourists, all vibes.

Low-Cost Attractions

  • MoMA Friday evenings (free, but book online).
  • Top of the Rock student ticket—cheaper than Empire State.
  • Off-Broadway rush tickets from €25.
  • Yankees bleacher seats on weekday games.

How much are hostels in New York City?

Let's talk about hostel prices in New York City. This graph shows you typical, average prices for a bed in a dorm and for a private room. Simply mouse-over to see rates for each month.

Prices can vary a lot, especially on high-season, weekends, and special holidays such as New Years Eve.

Average Dorm Price per Month in New York City

Average Dorm Price per Night in Hostel in New York City

Average Private Room Price per Month in New York City

Price for Private Room in a Hostel in {{ city }} per Night

Food and Drinks on a Budget

Food-and-Drinks-on-a-Budget.jpg

Eats

  • Dollar-slice joints on 8th Ave keep carbs high and costs low.
  • Chinatown dumpling houses offer €4 plates—look for steamed windows.
  • Food trucks at 53rd & 6th serve legendary chicken over rice—huge portions.
  • Smorgasburg weekend markets: sample gourmet bites without sitting fees.

Drinks & Nightlife

  • Happy hours in the East Village start at 4 p.m.—lager for €4.
  • Look for hostel pub crawls; free entry often beats €25 covers.
  • BYOB comedy shows in Brooklyn: laughs plus cheap wine from the corner shop.

Experiences for Backpackers

  • Harlem gospel service (donations welcome, dress modestly).
  • Free Central Park walking tour—tips only.
  • Street-art bike ride through Bushwick murals.
  • Cooking class in Queens: make dumplings with local grandmas.
  • Summer film nights at Bryant Park—picnic blanket, new friends.

9 Hidden Gemz in New York City (by Hostelgeeks)

9 Hidden Gemz in New York City (by Hostelgeeks)

Additional Tips & Final Thoughts

  1. Best Time to Visit: Late spring and early fall offer tolerable prices and sweater weather.
  2. Booking in Advance: Reserve hostels at least four weeks ahead—female dorms vanish first.
  3. Avoid Tourist Traps: Skip chain restaurants around Times Square; head two blocks over for half the price.
  4. Safety First: Keep valuables in hostel lockers, ride crowded subway cars, and trust gut vibes.
  5. Cultural Respect: Stand on the right side of escalators, let riders exit the train first, and tip 20 percent—it’s NYC karma.

Backpacking New York City is a juggling act of budget hacks and bucket-list thrills. Pick a strategic base, swipe that MetroCard like a pro, and never underestimate the power of a well-timed dollar slice.

See you in the city that never lets your sneakers stay clean.

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