Average Hotel Price: $251 per night
New York City is known for its ritzy brownstones, swanky restaurants, high-end shops and refined nightlife venues. However, the economic crisis and the decreased worth of the U.S. dollar have dropped the Big Apple's standing in the Prices and Earnings report, from sixth place to 14th place in a matter of two years. Yet even though price tags have shrunk, don't assume that you'll be able to stretch your budget too far.