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https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
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A couple hundred feels like out-of-touch money to me.
You're going to spend 1 to 1.8k or such on the flights alone when coming from the US. Plus of course, as a yank, being able to afford to have a free day at all.
I get it most yanks are broke but a couple hundred are not much in terms of holiday money. Cheap hotels are going to cost you 25 to 50 Euros per night alone. Mallorca 4-star all-inclusive incl. plane tickets about 1k per person, seven nights. That's groceries for a year if you know what you're doing, or a bit more than two months of German welfare (the raw disposable payout, rent, heating, and health insurance is separate). Monthly net income on minimum wage ~1.6k, you'll probably spend most of your holidays in Balconia but if you want, yep, the Baleares are affordable. Trekking from hostel to hostel? Even more so, that's student-level holidays. Drinking wine while doing it? Depending on country, cheaper than beer. So, no, it's not out of touch. It's just not ameripoor.
Couple of days in Venice? There's camping grounds all around, bring a camper (I know, investment, but you can also rent them) or a tent. Commute into the city, if you buy anything... well ideally just don't it's all a tourist trap.
Not exactly millionaire money, though. It's a fun vacation option and fairly reasonable as those go.