Full TMB budget: self-guided

CategoryBudget tierComfort tier
Accommodation (9-10 nights)EUR 1,600-1,750EUR 1,900-2,250
Daily averageEUR 170-190EUR 200-250
Accommodation includesDorm half-board at refugesMix of hotels + refuges, private rooms
Additional costsLifts, beer, snacksLuggage transfer, demi-pension upgrades

Source: recency.md; Bookatrekking — TMB Cost 2025/2026.

These numbers assume self-guided trekking with refuge half-board as the primary accommodation. The budget tier uses dorm beds throughout. The comfort tier mixes hotel nights in Courmayeur and Champex-Lac with refuge dormitories on trail stages.


Half-board pricing by country

Half-board (dinner + breakfast + dormitory bed) is the standard unit at mountain refuges. The price varies substantially depending on which side of the border you sleep.

CountryHalf-board range (2026)Dorm-only rangeNotes
FranceEUR 75-100EUR 30-45Paid showers common (EUR 2-4). Wine with dinner extra.
ItalyEUR 60-85EUR 25-40Best food of the three countries. Showers usually included.
SwitzerlandCHF 100-130 (~EUR 100-130)CHF 50-70Everything costs more. See below.

Source: recency.md; 2025/2026 published refuge pricing. Prices rising 5-10% per year due to energy and staffing costs.


The CHF shock: stages 6-8

The TMB enters Switzerland at Grand Col Ferret (Stage 6) and exits at Col de Balme (Stage 9). The Swiss section covers roughly three days. Here is what changes:

ItemFrance/ItalySwitzerlandMultiplier
Dorm bed + half-boardEUR 60-100CHF 100-1301.3-2.0x
Beer (50cl draft)EUR 5-7CHF 8-12~1.7x
Simple lunchEUR 12-18CHF 20-30~1.7x
ShowerEUR 2-4 (if charged)Often included--
CurrencyEURCHF (1 CHF ~ 1.00 EUR as of 2026)Card accepted at most huts

Practical advice:
- Swiss huts increasingly accept cards, but carry CHF cash as backup.
- Champex-Lac has an ATM. La Fouly does not (confirm locally).
- Budget an extra EUR 50-80 total for the Swiss stages compared to equivalent French stages.


CAF/FFCAM membership

The Club Alpin Francais (now FFCAM — Federation Francaise des Clubs Alpins et de Montagne) offers membership that functions as both a discount card and insurance policy for the French Alps.

Costs: EUR 80-100/year depending on the section (local club) you join. Some sections charge more for insurance tiers.

Benefits on the TMB:
- Refuge discounts: EUR 5-15 per night at FFCAM-affiliated French refuges. Over 5-6 nights in France, this recovers a significant portion of the membership cost.
- Rescue insurance in France: FFCAM membership includes accident and rescue coverage via the Cartes Neige system. This covers PGHM mountain rescue costs that might otherwise be billed for medical transport (helicopter ambulance/SAMU).
- UIAA reciprocity: FFCAM membership provides discounts at alpine club huts across Europe (SAC, CAI, DAV, OeAV), though the discount is smaller abroad.

Source: FFCAM; general FFCAM membership documentation.

Is it worth it? For trekkers spending 5+ nights in French refuges: yes. The refuge discounts alone recover EUR 25-75 of the membership cost. The rescue insurance adds significant value. For trekkers doing only the TMB and not returning to the French Alps: marginal. Evaluate against your travel insurance.


Rescue costs: the three-country asymmetry

Mountain rescue in the Mont Blanc region involves three national systems. Who responds depends on which side of the border you are on, and the cost structures are radically different.

France — PGHM

DetailValue
OrganizationPGHM (military gendarmerie, specialized mountain unit)
Availability24/7, 365 days
Annual operations1,300+ in the Mont Blanc massif
Helicopter use97% of rescues are helicopter-assisted
Emergency number+33 (0)4 50 53 16 89 (direct); 112 (EU emergency)
CostRescue itself is free (state-funded). Helicopter medical transport (SAMU) may be billed. EU citizens with EHIC partially covered. Non-EU visitors should carry insurance.

Source: PGHM Chamonix.

Italy — CNSAS

DetailValue
OrganizationCorpo Nazionale Soccorso Alpino e Speleologico (volunteer-based)
Emergency number118 (medical); 112 (general)
CostRegional rules apply. Valle d'Aosta can bill for helicopter rescue. Expect EUR 2,000-5,000+ for non-residents.

Switzerland — Rega

DetailValue
OrganizationRega (Swiss Air-Rescue), non-profit foundation
Helicopter bases14 across Switzerland; any location reachable within 15 minutes
Patron membershipCHF 30/year
Cost for non-patronsCHF 3,500-15,000+ for helicopter rescue. Rega patrons: Rega waives costs not covered by insurance.

Source: Rega.

The critical asymmetry: French rescue is free at point of delivery. Italian rescue may bill. Swiss rescue will bill non-patrons/non-insured — a 15-minute helicopter flight can cost CHF 3,500+. Rega patron membership (CHF 30/year) is the cheapest rescue insurance in the Alps: it ensures Rega waives any costs not covered by your existing health/travel insurance. Buy it before crossing into Switzerland.

Minimum insurance recommendation

CoverageMinimum
Helicopter evacuationEUR 25,000 / CHF 25,000
Medical repatriationEUR 100,000+
Trip cancellationTo cover refuge pre-payments
Search and rescueCheck if separate from medical evacuation

Guided vs. self-guided

Self-guided (the numbers above)

You book refuges yourself, carry your own pack, and navigate using trail markings, a guidebook, and/or GPS. This is the cheapest option and the one most TMB trekkers choose.

Self-guided with luggage transfer

Several operators run luggage transfer services between TMB stages. Your main bag is transported by van to the next refuge; you walk with a day pack. Cost: EUR 15-25 per bag per stage, or EUR 150-250 for the full circuit. Companies include: Les Bagages du TMB, Taxi du Mont-Blanc, and multiple Courmayeur-based operators.

This is the comfort-tier option within self-guided trekking. Total trip cost: EUR 1,900-2,250.

Guided

The Compagnie des Guides de Chamonix and numerous commercial operators run guided TMB programs. Typical pricing for a 7-11 day guided trek: EUR 2,500-4,500 per person (guide fees, accommodation, half-board, transfers). Some operators include luggage transport; some do not. Private guiding is more expensive.

The Compagnie employs approximately 220 guides and has operated since 1821. It is the oldest mountain guide company in the world. (Compagnie des Guides)


What budget guides get wrong about extras

Most TMB budget calculators stop at half-board. In practice, trekkers spend EUR 15-25 per day beyond the demi-pension price on items that add up quickly:

ExtraTypical costNotes
Beer at the refuge (50cl)EUR 5-7 (France/Italy); CHF 8-12 (Switzerland)One beer per evening is near-universal
CoffeeEUR 2-3; CHF 4-5Morning and afternoon
Packed lunch from refugeEUR 8-12; CHF 15-20Or carry your own from valley shops
Paid showerEUR 2-4French refuges mostly; Italy usually included
Wine at dinnerEUR 4-8 per glassNot included in half-board
Snacks/chocolateEUR 3-5Trail snacks from refuge shop or carried
Phone chargingEUR 2-3Some refuges charge for outlet access

Over a 10-day TMB, these extras total EUR 150-250. Over a 14-day Haute Route (all Switzerland): CHF 280-400. This is the gap between the "EUR 1,600 TMB" advertised by agencies and the actual spend.


Luggage transfer: the comfort option

Several operators run bag transfer services between TMB stages. Your main bag is transported by van; you walk with a day pack.

ServiceCoverageCost per bag per stageFull circuit
Les Bagages du TMBMost TMB stagesEUR 15-20EUR 150-200
Taxi du Mont-BlancChamonix valley + Italian stagesEUR 20-25EUR 200-250
Local operators (Courmayeur)Italian stages onlyEUR 15Varies

The luggage transfer market exists because it addresses a real problem: the TMB involves 10,000 m of cumulative ascent. Carrying 10-12 kg over 170 km is manageable for experienced hikers. For first-time multi-day trekkers, the difference between a 5 kg day pack and a 12 kg full pack can be the difference between enjoying the trek and enduring it.


Currency strategy

The TMB uses two currencies: EUR (France, Italy) and CHF (Switzerland). The Swiss stages cover approximately 3 days (stages 6-8).

Practical approach:
1. Carry EUR for the majority of the trek. Most refuges in all three countries accept EUR cash.
2. Carry CHF 100-200 in cash for Swiss stages. ATM available in Champex-Lac; none in La Fouly (confirm locally).
3. Cards (Visa/Mastercard) are accepted at most huts, but not all. Some French refuges are cash-only for extras (beer, showers).
4. Notify your bank of international travel. Card blocks on "suspicious" Swiss transactions happen.

The CHF/EUR exchange rate has been near parity (1:1) since 2023. For budget planning, treat them as equivalent.


Budget summary table

ExpenseBudget (EUR)Comfort (EUR)Notes
Refuge half-board (9-10 nights)675-950900-1,200France cheapest, Switzerland most expensive
Hotel nights (Courmayeur + Champex-Lac)0250-4002-3 nights at EUR 80-150/night
Luggage transfer (full circuit)0150-250EUR 15-25/bag/stage
Extras (beer, coffee, snacks, showers)150-250200-350EUR 15-25/day beyond half-board
Lifts / shortcuts0-5050-100Flegere, Brevent, Balme if weather forces shortcuts
FFCAM membership0-1000-100Saves EUR 5-15/night in France
Rega patron membership30 (CHF)30 (CHF)Non-negotiable for Swiss stages
Travel insurance50-15050-150Helicopter evacuation coverage
In-country subtotalEUR 900-1,500EUR 1,600-2,550
Geneva-Chamonix shuttle (return)30-6030-60EUR 15-30 each way
International flightVariesVariesGeneva (GVA) is the standard gateway
Total (excluding flights)EUR 930-1,560EUR 1,630-2,610

Source: all pricing from recency.md, montourdumontblanc.com, and cross-referenced refuge rate sheets.

For the interactive version: budget calculator.


The membership math

Alpine club memberships are the single most underused cost lever on the TMB and Haute Route. The decision tree:

FFCAM/CAF (EUR 80-100/year):
- Saves EUR 5-15/night at French refuges
- Over 5 French refuge nights on the TMB: EUR 25-75 savings
- Includes rescue insurance in France
- UIAA reciprocity gives smaller discounts elsewhere
- Break-even: 5-6 French refuge nights (achieved on a standard TMB)

SAC (CHF 150/year):
- ~30% discount at SAC huts
- Over 12 Swiss nights on the Haute Route: CHF 360-420 savings
- Swiss rescue support
- Break-even: 5 SAC hut nights (easily achieved on Haute Route; marginal on TMB's 3 Swiss nights)

AAC / DAV / OeAV (USD 80-100 / EUR 80):
- UIAA reciprocal discounts at affiliated huts across Europe
- Smaller savings than the national club of the country you are trekking in
- Best for: trekkers who do multiple European treks per year

The bottom line: if your trek has 5+ nights in one country's alpine club huts, join that country's club. The membership pays for itself and adds rescue coverage.


Sources