Seven European cities where hotels are cheaper than Airbnb

As the January blues sweep in, sometimes it seems that the only light at the end of the tunnel is the thought of booking a long, sunny getaway to look forward to.

But with money after Christmas still being a little tight, this emergency vacation needs to be cost-effective if it's going to work with your bank balance and savings plan for the year ahead.

Voucher website VoucherCloud has looked into the average cost for one person to stay in an Airbnb vs a three-star hotel across every capital city in Europe to work out in which cities an Airbnb is a savvy decision and in which locations "splashing out" on a hotel might actually save you some pennies.

Although it's easy to assume that an Airbnb is always the most cost-efficient type of accommodation when travelling, a three-star hotel is cheaper or the same price as the average Airbnb in eight of the 48 European capital cities surveyed, according to VoucherCloud's findings.

In fact, in Andorra's capital city of Andorra la Vella, a three-star hotel (£43 or $59) is not only just half the cost of the average Airbnb (£79 or $108), but you can book yourself into a five-star hotel for less than the average listing on Airbnb's website too (£77 or $105).

Scroll on to discover every European capital city where you're better off booking a hotel than an Airbnb, ranked by price difference in ascending order.

7. Tallinn, Estonia

The city is the country's cultural hub Shutterstock/RossHelen

The city is the country's cultural hub Shutterstock/RossHelen

Average cost of a three-star hotel (per night): £44/$60
Average cost of an Airbnb (per night): £46/$63
Price reduction: 4.3 per cent

6. Yerevan, Armenia

Average cost of a three-star hotel (per night): £39/$53
Average cost of an Airbnb (per night): £42/$57
Price reduction: 7.2 per cent

5. Baku, Azerbaijan

Average cost of a three-star hotel (per night): £37/$50
Average cost of an Airbnb (per night): £40/$55
Price reduction: 7.5 per cent

4. Vilnius, Lithuania

The city is famous for its baroque architecture  Shutterstock/Grisha Bruev

The city is famous for its baroque architecture Shutterstock/Grisha Bruev

Average cost of a three-star hotel (per night): £37/$50
Average cost of an Airbnb (per night): £45/$61
Price reduction: 17.8 per cent

3. Kiev, Ukraine

Average cost of a three-star hotel (per night): £30/$41
Average cost of an Airbnb (per night): £40/$55
Price reduction: 25 per cent

2. Riga, Latvia

Average cost of a three-star hotel (per night): £30/$41
Average cost of an Airbnb (per night): £46/$63
Price reduction: 34.79 per cent

1. Andorra la Vella, Andorra

The capital is located in the Pyrenees mountains between France and Spain Shutterstock/Iakov Filimonov

The capital is located in the Pyrenees mountains between France and Spain Shutterstock/Iakov Filimonov

Average cost of a three-star hotel (per night): £43/$59
Average cost of an Airbnb (per night): £79/$108
Price reduction: 45.6 per cent