Whether it's checking out national parks in the United States or heading overseas to Europe, Asia, or South America, there's a lot of ground for a wanderlusting traveler to cover. Between airfare, local transportation, lodging, sightseeing, insurance, and other expenses, the cost of travel can become daunting quickly for people trying to budget wisely. One of the easiest ways to penny-pinch is to stay at hostels rather than hotels or vacation rentals. Hostels have a reputation as somewhat shoddy accommodations, but some offer the same comfort and quality as a hotel. Although the cheapest rates are for dorm-style rooms that might be filled with bunk beds and use shared bathrooms, there are sometimes private rooms with attached toilet and bathing facilities, and common quarters offer a chance to meet fellow travelers. These 10 hostels around the world receive some of the highest ratings on hostel booking sites and run a tab lower than a hotel stay, with nightly rates charged by the person.