As the Aussie dollar hits a six week high, Aussie travellers will get more bang for their buck in Asia than Europe, according to TripAdvisor.

Tracked against the Australian Dollar, TripAdvisor’s 2012 TripIndex compares the price out for an evening in 48 major cities worldwide.

Based on the combined costs for two adults staying one night in a four-star hotel, a two-course dinner with a bottle of wine, cocktails and a return taxi (of approximately 3.2 kilometres each way), Vietnam city Hanoi was least expensive with a total cost of $144.95.

At the other end of the scale and nearly triple the cost of a night out in Hanoi, London cashed in at $531.09.

Although some European countries like Budapest and Warsaw were just as affordable as some Asian cities, the most costly cities to hit the town in are throughout Europe such as Oslo, Zurich, Paris, Stockholm, Moscow and Denmark.

Hotel price was the main factor that affected the overall rankings, with the least expensive four-star hotel’s average price being in Bangkok, Thailand, at $83.38 per night.  Once again the most expensive city to book the same standard hotel is London, at $371.66 per night.

The international TripIndex destination list is as follows, ranked least expensive to most expensive.

1. Hanoi, Vietnam
2. Beijing, China
3. Bangkok, Thailand
4. Budapest, Hungary
5. Kuala Lumpur, Malaysia
6. Warsaw, Poland
7. Taipei, Taiwan
8. Sofia, Bulgaria
9. Jakarta, Indonesia
10. Tunis, Tunisia
11. Singapore
12. Sydney, Australia
13. Copenhagen, Denmark
14. Moscow, Russia
15. New York City, USA
16. Stockholm, Sweden
17. Paris, France
18. Zurich, Switzerland
19. Oslo, Norway
20. London, UK