Budapest can be a cheap place
In the period of february-june 2010 Cote-Est kft is giving out
a special promotion for accomodation
in downtown Budapest.
You can rent as a couple a room in a downtown apartment
(2 separated rooms whit masterbeds, plus living)
for only 20 euros per night.
There you can use in common the bathroom and the kitchen, and you can spend only 10 euros per person,
cheaper than any Youth Hostel.
Try it, follow the links, and you will be satisfied.
http://kerteszutca2chambresavecsalon.blogspot.com/