Cheapest time to visit Bucharest
As of Oct 2026, Bucharest barely moves. Across the next 12 months the median runs $110 to $145 a night — a 24% spread. Shifting your dates here is not worth much; pick on price and location instead.
October median: $139 per night across 93 tracked hotels. Measured one-night stays for two adults.
November median: $112 per night across 114 tracked hotels. Measured one-night stays for two adults.
December median: $112 per night across 112 tracked hotels. Measured one-night stays for two adults.
January median: $110 per night across 93 tracked hotels. Measured one-night stays for two adults.
February median: $115 per night across 87 tracked hotels. Measured one-night stays for two adults.
March median: $130 per night across 84 tracked hotels. Measured one-night stays for two adults.
April median: $126 per night across 83 tracked hotels. Measured one-night stays for two adults.
May median: $144 per night across 80 tracked hotels. Measured one-night stays for two adults.
June median: $134 per night across 80 tracked hotels. Measured one-night stays for two adults.
July median: $124 per night across 77 tracked hotels. Measured one-night stays for two adults.
August median: $120 per night across 77 tracked hotels. Measured one-night stays for two adults.
September median: $145 per night across 72 tracked hotels. Measured one-night stays for two adults.
Next 12 months · 3,545 prices · all prices in USD
The year ahead
median USD per night · one-night stays for two adultsLowerNear averageHigherYear average $126/night
Select a bar to change month. The current month covers remaining dates.
Compare all tracked hotels on a map →
Cheapest Bucharest hotels
sorted by price — in a city this flat, timing is not the leverOctober 202693 hotels · median $139/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 93 Bucharest hotels in October. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $139 per night.
October: 93 hotels, median $139 a night, from 93 prices.
November 2026114 hotels · median $112/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 114 Bucharest hotels in November. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $112 per night.
November: 114 hotels, median $112 a night, from 332 prices.
December 2026112 hotels · median $112/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 112 Bucharest hotels in December. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $112 per night.
December: 112 hotels, median $112 a night, from 422 prices.
January 202793 hotels · median $110/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 93 Bucharest hotels in January. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $110 per night.
January: 93 hotels, median $110 a night, from 357 prices.
February 202787 hotels · median $115/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 87 Bucharest hotels in February. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $115 per night.
February: 87 hotels, median $115 a night, from 335 prices.
March 202784 hotels · median $130/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 84 Bucharest hotels in March. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $130 per night.
March: 84 hotels, median $130 a night, from 246 prices.
April 202783 hotels · median $126/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 83 Bucharest hotels in April. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $126 per night.
April: 83 hotels, median $126 a night, from 319 prices.
May 202780 hotels · median $144/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 80 Bucharest hotels in May. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $144 per night.
May: 80 hotels, median $144 a night, from 312 prices.
June 202780 hotels · median $134/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 80 Bucharest hotels in June. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $134 per night.
June: 80 hotels, median $134 a night, from 310 prices.
July 202777 hotels · median $124/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 77 Bucharest hotels in July. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $124 per night.
July: 77 hotels, median $124 a night, from 305 prices.
August 202777 hotels · median $120/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 77 Bucharest hotels in August. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $120 per night.
August: 77 hotels, median $120 a night, from 301 prices.
September 202772 hotels · median $145/night
$71 or less$298 or more
About these prices
Recorded nightly prices across 72 Bucharest hotels in September. Taller bars mean more price checks in that range, not more unique hotels. The highlighted range contains the median of $145 per night.
September: 72 hotels, median $145 a night, from 213 prices.
We are not ranking these by discount. Bucharest’s whole year moves 24%, so the gap between a hotel’s best and worst month is too small to change where you stay.
12 hotels match in this shortlist.
Vila Sia
Hotel Elisabeta
Hotel Mon Caprice
Hotel Ema&Zain
Elizeu Hotel
Visconti Militari
Avis Hotel By WS Group
Duke Romana Suites by Olala!
Elysium
Hotel Hemingway Residence
Hotel Amphitryon
Hotel Razvan
Atrium Hotel Bucharest City Center
Hotel Herastrau
AMADEUS RESIDENCE
Vila Paris Boutique Hotel
Aparthotel Blend City Center
Hotel Boutique Monaco
InterContinental Athenee Palace Bucharest by IHG
Radisson Blu Hotel Bucharest
Hilton Garden Inn Bucharest Old Town
Epoque Hotel - Relais & Chateaux
Hotel Lido by Phoenicia
Suter Palace Heritage Boutique Hotel
No hotels in this Bucharest shortlist are in the $400+ range in October. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Hotel Mon Caprice
Dacia Residence Apartments
Decebal Residence Apartments- Hotel Elisabeta
Uptown Residence Apartments- Vila Sia
Upground Residence Apartments
Chic Studio- Hotel Ema&Zain
- Duke Romana Suites by Olala!
Duke Armeneasca Suites by Olala!- Avis Hotel By WS Group
West Plaza Hotel
Zeus Essence Bucharest Central
Continental Forum Bucuresti Palatul Parlamentului- Hotel Herastrau
Christina Hotel
La Boheme Boutique Casa Soare
Sheraton Bucharest Hotel
Crowne Plaza Bucharest by IHG- Epoque Hotel - Relais & Chateaux
Ramada Plaza by Wyndham Bucharest Convention Center- Suter Palace Heritage Boutique Hotel
- InterContinental Athenee Palace Bucharest by IHG
No hotels in this Bucharest shortlist are in the $400+ range in November. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Hotel Mon Caprice
- Dacia Residence Apartments
- Decebal Residence Apartments
- Hotel Elisabeta
- Uptown Residence Apartments
- Chic Studio
- Hotel Ema&Zain
- Vila Sia
- Avis Hotel By WS Group
- Elizeu Hotel
- Duke Romana Suites by Olala!
- Hotel Razvan
Stil Hotel- Zeus Essence Bucharest Central
Le Blanc ApartHotel- Hotel Herastrau
Park Inn by Radisson Bucharest Hotel & Residence
Casa Siqua- Epoque Hotel - Relais & Chateaux
JW Marriott Bucharest Grand Hotel- InterContinental Athenee Palace Bucharest by IHG
The Marmorosch Bucharest, Autograph Collection- Suter Palace Heritage Boutique Hotel
No hotels in this Bucharest shortlist are in the $400+ range in December. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Hotel Mon Caprice
- Vila Sia
Piccolo Mondo by CityBookings- Duke Romana Suites by Olala!
- Hotel Hemingway Residence
MyContinental Bucuresti Gara de Nord
Hotel Les Jardins Carol
Hotel Bliss
ibis Bucharest Politehnica
Hotel Michelangelo
Nobel Boutique
Hotel Cantemir
Phoenicia Comfort Hotel- Zeus Essence Bucharest Central
- Park Inn by Radisson Bucharest Hotel & Residence
Hotel Parliament- Hotel Herastrau
VISIONAPARTMENTS Bucharest - self check-in- JW Marriott Bucharest Grand Hotel
- InterContinental Athenee Palace Bucharest by IHG
- The Marmorosch Bucharest, Autograph Collection
- Sheraton Bucharest Hotel
- Suter Palace Heritage Boutique Hotel
No hotels in this Bucharest shortlist are in the $400+ range in January. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Hotel Mon Caprice
- Vila Sia
- Piccolo Mondo by CityBookings
- Hotel Michelangelo
- MyContinental Bucuresti Gara de Nord
- Hotel Hemingway Residence
- Hotel Les Jardins Carol
- Duke Romana Suites by Olala!
- ibis Bucharest Politehnica
- Hotel Cantemir
- Nobel Boutique
DeGoya Studios Bucharest Old Town- Phoenicia Comfort Hotel
- La Boheme Boutique Casa Soare
Old Town Boutique Hotel- Park Inn by Radisson Bucharest Hotel & Residence
- Stil Hotel
Hotel Forty One- Epoque Hotel - Relais & Chateaux
- Sheraton Bucharest Hotel
Capital Plaza Hotel- The Marmorosch Bucharest, Autograph Collection
- InterContinental Athenee Palace Bucharest by IHG
- Suter Palace Heritage Boutique Hotel
No hotels in this Bucharest shortlist are in the $400+ range in February. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Vila Sia
- Hotel Les Jardins Carol
- Nobel Boutique
- Hotel Hemingway Residence
- Hotel Cantemir
- Hotel Michelangelo
- MyContinental Bucuresti Gara de Nord
- Duke Romana Suites by Olala!
- Duke Armeneasca Suites by Olala!
Relax Comfort Suites Hotel- ibis Bucharest Politehnica
Brater Luxury- Phoenicia Comfort Hotel
- Park Inn by Radisson Bucharest Hotel & Residence
- Stil Hotel
ibis Styles Bucharest City Center
Hotel Baneasa Parc- Casa Siqua
- Crowne Plaza Bucharest by IHG
- Capital Plaza Hotel
- Epoque Hotel - Relais & Chateaux
Courtyard by Marriott Bucharest Floreasca- Radisson Blu Hotel Bucharest
- Suter Palace Heritage Boutique Hotel
No hotels in this Bucharest shortlist are in the $400+ range in March. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Vila Sia
- Hotel Les Jardins Carol
- Hotel Michelangelo
- Nobel Boutique
- Hotel Hemingway Residence
- Hotel Cantemir
- MyContinental Bucuresti Gara de Nord
- ibis Bucharest Politehnica
- Duke Romana Suites by Olala!
- Duke Armeneasca Suites by Olala!
- Brater Luxury
INTER BUSINESS Bucharest- Phoenicia Comfort Hotel
- Park Inn by Radisson Bucharest Hotel & Residence
Venis Boutique Hotel- Stil Hotel
- Christina Hotel
- ibis Styles Bucharest City Center
- Capital Plaza Hotel
- Epoque Hotel - Relais & Chateaux
- Radisson Blu Hotel Bucharest
- Suter Palace Heritage Boutique Hotel
- The Marmorosch Bucharest, Autograph Collection
- JW Marriott Bucharest Grand Hotel
No hotels in this Bucharest shortlist are in the $400+ range in April. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Vila Sia
- Hotel Les Jardins Carol
- Hotel Michelangelo
- Hotel Hemingway Residence
- Hotel Cantemir
- Nobel Boutique
Uni88 ApartHotel- MyContinental Bucuresti Gara de Nord
- AMADEUS RESIDENCE
- DeGoya Studios Bucharest Old Town
Labirint Boutique Hotel - Central Location- INTER BUSINESS Bucharest
- Phoenicia Comfort Hotel
- Continental Forum Bucuresti Palatul Parlamentului
- Relax Comfort Suites Hotel
- Hotel Baneasa Parc
- Casa Siqua
- Stil Hotel
Novotel Bucharest City Centre- Duke Romana Suites by Olala!
Hotel Cismigiu- Ramada Plaza by Wyndham Bucharest Convention Center
- Epoque Hotel - Relais & Chateaux
- Crowne Plaza Bucharest by IHG
No hotels in this Bucharest shortlist are in the $400+ range in May. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Vila Sia
- Hotel Les Jardins Carol
- Hotel Michelangelo
- Hotel Hemingway Residence
- Hotel Cantemir
- Hotel Bliss
- Nobel Boutique
- MyContinental Bucuresti Gara de Nord
- AMADEUS RESIDENCE
- Labirint Boutique Hotel - Central Location
- INTER BUSINESS Bucharest
- Phoenicia Comfort Hotel
- Continental Forum Bucuresti Palatul Parlamentului
- Venis Boutique Hotel
- Park Inn by Radisson Bucharest Hotel & Residence
- Christina Hotel
- Stil Hotel
- Duke Romana Suites by Olala!
- Hotel Cismigiu
- Epoque Hotel - Relais & Chateaux
Europa Royale Bucharest- Suter Palace Heritage Boutique Hotel
- The Marmorosch Bucharest, Autograph Collection
No hotels in this Bucharest shortlist are in the $400+ range in June. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Hotel Michelangelo
- Vila Sia
- Hotel Les Jardins Carol
- Hotel Hemingway Residence
- Hotel Cantemir
- MyContinental Bucuresti Gara de Nord
- ibis Bucharest Politehnica
- Hotel Bliss
- Nobel Boutique
- Continental Forum Bucuresti Palatul Parlamentului
- Relax Comfort Suites Hotel
- Hotel Forty One
- ibis Styles Bucharest City Center
- Phoenicia Comfort Hotel
- Park Inn by Radisson Bucharest Hotel & Residence
- Stil Hotel
- Le Blanc ApartHotel
- Hotel Baneasa Parc
- Duke Romana Suites by Olala!
- Epoque Hotel - Relais & Chateaux
- Radisson Blu Hotel Bucharest
- The Marmorosch Bucharest, Autograph Collection
- Suter Palace Heritage Boutique Hotel
- JW Marriott Bucharest Grand Hotel
No hotels in this Bucharest shortlist are in the $400+ range in July. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Hotel Michelangelo
- Vila Sia
- Hotel Les Jardins Carol
- Hotel Hemingway Residence
- Hotel Cantemir
- MyContinental Bucuresti Gara de Nord
- ibis Bucharest Politehnica
- Hotel Bliss
- Nobel Boutique
- Continental Forum Bucuresti Palatul Parlamentului
- Relax Comfort Suites Hotel
Mercure Bucharest Unirii- Phoenicia Comfort Hotel
- Stil Hotel
- Park Inn by Radisson Bucharest Hotel & Residence
- Venis Boutique Hotel
- Le Blanc ApartHotel
- Christina Hotel
- Duke Romana Suites by Olala!
- Epoque Hotel - Relais & Chateaux
- The Marmorosch Bucharest, Autograph Collection
- Suter Palace Heritage Boutique Hotel
- Radisson Blu Hotel Bucharest
- Sheraton Bucharest Hotel
No hotels in this Bucharest shortlist are in the $400+ range in August. Closest to your budget: $200–400.
12 hotels match in this shortlist.
- Hotel Michelangelo
- Hotel Les Jardins Carol
- Hotel Hemingway Residence
- Hotel Cantemir
- Hotel Bliss
- Nobel Boutique
- Labirint Boutique Hotel - Central Location
- Phoenicia Comfort Hotel
- Park Inn by Radisson Bucharest Hotel & Residence
- Relax Comfort Suites Hotel
- Continental Forum Bucuresti Palatul Parlamentului
- Hotel Baneasa Parc
- Casa Siqua
- Novotel Bucharest City Centre
- Ramada Plaza by Wyndham Bucharest Convention Center
- Duke Romana Suites by Olala!
Grand Hotel Continental Bucuresti- Hotel Cismigiu
- Epoque Hotel - Relais & Chateaux
- InterContinental Athenee Palace Bucharest by IHG
Which nights
median by arrival day, across every hotel we track and all twelve monthsArriving on a Sunday instead of a Thursday saves 9% at the Bucharest median — $12 a night, on the same hotels. Measured across 3,545 forward prices.
Every hotel we track in Bucharest
119 tracked hotels · compare locations and measured pricesChecked rate: one refundable night, 30 days ahead- Dacia Residence Apartments · 2 nights measured3★$47
- Hotel Mon Caprice · 2 nights measured3★$48
- Hotel Elisabeta · 2 nights measured4★$54
- Decebal Residence Apartments · 2 nights measured3★$55
- Uptown Residence Apartments · 2 nights measured3★$56
- Vila Sia · 1 night measured3★$60
- Upground Residence Apartments · 1 night measured3★$61
- Chic Studio · 2 nights measured4★$63
- Hotel Ema&Zain · 2 nights measured4★$63
- Hotel Bliss · 2 nights measured3★$65
- Duke Armeneasca Suites by Olala! · 2 nights measured3★$65
- Avis Hotel By WS Group · 2 nights measured3★$66
- Elizeu Hotel · 2 nights measured3★$66
- Duke Romana Suites by Olala! · 2 nights measured3★$67
- Hotel Razvan · 2 nights measured3★$69
- Hotel Hemingway Residence · 2 nights measured3★$71
- Visconti Militari · 2 nights measured3★$71
- Hotel Les Jardins Carol · 2 nights measured4★$73
- Relax Comfort Suites Hotel · 2 nights measured3★$73
- Iarca Inn · 2 nights measured4★$78
- Hotel Cantemir · 2 nights measured3★$78
- MyContinental Bucuresti Gara de Nord · 2 nights measured3★$80
- Hotel Amphitryon · 2 nights measured3★$81
- Nobel Boutique · 2 nights measured3★$82
- Manolle Boutique · 2 nights measured3★$82
- Brater Luxury · 2 nights measured4★$83
- AMADEUS RESIDENCE · 2 nights measured4★$84
- Phoenicia Comfort Hotel · 2 nights measured4★$87
- Ambiance Hotel · 2 nights measured3★$88
- Aparthotel Blend City Center · 2 nights measured3★$89
Show the other 82 hotels
- DeGoya Studios Bucharest Old Town · 2 nights measured3★$90
- Hotel Corvaris · 2 nights measured3★$90
- ibis Bucharest Politehnica · 2 nights measured3★$91
- Hotel Sir Royal · 2 nights measured4★$92
- INTER BUSINESS Bucharest · 2 nights measured4★$92
- Samaa Hotel · 2 nights measured3★$93
- Piccolo Mondo by CityBookings · 2 nights measured3★$94
- Hotel Michelangelo · 2 nights measured3★$94
- Atrium Hotel Bucharest City Center · 2 nights measured4★$96
- Elysium · 2 nights measured3★$96
- Labirint Boutique Hotel - Central Location · 2 nights measured3★$99
- Stil Old Town Boutique Hotel · 2 nights measured3★$102
- Zeus Essence Bucharest Central · 2 nights measured3★$104
- Hotel Herastrau · 2 nights measured3★$105
- Christina Hotel · 2 nights measured4★$106
- La Boheme Boutique Casa Soare · 2 nights measured4★$106
- Stil Hotel · 2 nights measured4★$107
- Casa Siqua · 2 nights measured3★$108
- Hotel Baneasa Parc · 2 nights measured3★$109
- Vila Paris Boutique Hotel · 2 nights measured4★$112
- VISIONAPARTMENTS Bucharest - self check-in · 2 nights measured4★$112
- Tomis Garden Bucuresti · 2 nights measured4★$112
- Parliament Square · 2 nights measured3★$113
- Bucharest Comfort Suites Hotel · 2 nights measured4★$114
- Le Blanc ApartHotel · 2 nights measured4★$116
- Continental Forum Bucuresti Palatul Parlamentului · 2 nights measured4★$116
- Hotel Boutique Monaco · 2 nights measured4★$116
- Bucur Accommodation · 2 nights measured3★$116
- Hotel Forty One · 2 nights measured3★$116
- Leonardo Hotel Bucharest City Center · 2 nights measured4★$117
- Union Plaza Hotel · 2 nights measured4★$117
- Old Town Boutique Hotel · 2 nights measured4★$119
- Casa Comana Boutique Hotel · 1 night measured4★$120
- ibis Styles Bucharest City Center · 2 nights measured3★$121
- Handwritten Collection-Bucharest Unirii Square · 2 nights measured4★$121
- Atrium Hotel Ateneu City Center · 2 nights measured3★$122
- Park Inn by Radisson Bucharest Hotel & Residence · 2 nights measured4★$124
- Matisse Bucharest Old Town · 2 nights measured4★$125
- Mercure Bucharest Unirii · 2 nights measured4★$127
- Otilia · 1 night measured4★$127
- Capitol Hotel · 2 nights measured4★$129
- International Bucharest City Centre Hotel · 2 nights measured4★$130
- Phoenicia Grand Hotel · 2 nights measured4★$130
- Hotel Lido by Phoenicia · 2 nights measured4★$131
- Moxy Bucharest Old Town · 2 nights measured3★$131
- Unique Boutique · 2 nights measured4★$133
- Ecletico Villa · 2 nights measured4★$134
- Athina Suites Hotel · 2 nights measured4★$134
- Hotel Parliament · 2 nights measured4★$134
- Pullman Bucharest World Trade Center · 2 nights measured4★$134
- Venis Boutique Hotel · 2 nights measured4★$138
- Hotel Tecadra · 2 nights measured4★$141
- Residence Villa Barrio · 2 nights measured3★$143
- Mercure Bucharest City Center · 2 nights measured4★$143
- Hotel Casa Capsa · 2 nights measured5★$145
- Crystal Palace Hotel · 2 nights measured4★$145
- Capital Plaza Hotel · 2 nights measured4★$146
- Uni88 ApartHotel · 2 nights measured4★$149
- JN Boutique Hotel · 2 nights measured4★$151
- Grand Hotel Bucharest · 2 nights measured5★$154
- ibis Styles Bucharest Erbas · 2 nights measured4★$155
- Courtyard by Marriott Bucharest Floreasca · 2 nights measured4★$155
- Concorde Old Bucharest Hotel · 2 nights measured4★$159
- Novotel Bucharest City Centre · 2 nights measured4★$159
- Holiday Inn Bucharest - Times by IHG · 2 nights measured4★$160
- Ramada Hotel & Suites by Wyndham Bucharest North · 2 nights measured4★$161
- Marshal Garden Hotel · 2 nights measured4★$161
- Mercure Conacul Cozieni · 2 nights measured4★$165
- The Mansion Boutique Hotel · 2 nights measured4★$165
- Orhideea Residence & Spa · 2 nights measured4★$174
- Grand Hotel Continental Bucuresti · 2 nights measured5★$184
- Hilton Garden Inn Bucharest Old Town · 2 nights measured4★$186
- Hotel Cismigiu · 2 nights measured4★$186
- Epoque Hotel - Relais & Chateaux · 2 nights measured5★$206
- Suter Palace Heritage Boutique Hotel · 2 nights measured5★$212
- Crowne Plaza Bucharest by IHG · 2 nights measured4★$216
- Ramada Plaza by Wyndham Bucharest Convention Center · 2 nights measured4★$229
- InterContinental Athenee Palace Bucharest by IHG · 2 nights measured5★$246
- Radisson Blu Hotel Bucharest · 2 nights measured5★$247
- Sheraton Bucharest Hotel · 2 nights measured5★$249
- JW Marriott Bucharest Grand Hotel · 2 nights measured5★$249
- The Marmorosch Bucharest, Autograph Collection · 2 nights measured5★$254
Watch Bucharest
We email you when a month here gets materially cheaper. Nothing else — no digest, no weekly send.
Continue with your account, then review where and when to watch. Weekly deal emails are optional.
How we work this out
Every hotel here is priced once a week for the same stay — one refundable night, two adults — on dates spread across the next twelve months. Holding the room and the party the same is what makes a change in the answer mean something; how far ahead each date sits is the one thing we vary on purpose, because that is the question this page answers — which month to go, not how early to book. Every figure is a one-night stay as quoted, never a longer total divided down. The longer version.