How Much Money Needed To Backpack South America?

by | Last updated on January 24, 2024

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-A Comfortable backpacker’s budget when sleeping in a hostel dormitory bed, cooking for yourself or eating in cheap local restaurants, being selective on activities and traveling with public transport should be around $35 per day, so

$1000 per month

.

Is Travelling South America expensive?


South America is an amazing continent to travel on a budget

, though you would be wrong to assume that every country in South America is cheap! The least expensive countries are Peru, Ecuador, Bolivia and Colombia, each attracting large numbers of budget travellers.

How much money do you need to backpack for 6 months?

But for long-term budget travel, I usually recommend planning to spend at least $1500 per month. So that means to backpack around the world for 6-months, you should have

at least $9000

in your bank account before you leave.

How long do you need to backpack South America?

If you want to explore more than one country in South America, you’re gonna need

more than 3 weeks

. For surf bums, you could easily spend a month heading beach to beach from Southern Peru all the way to Colombia, in 1 month. Or you could do 2 weeks in Argentina followed by 2 weeks of hiking in Chilean Patagonia.

How can I go to South America for cheap?

  1. 1) Pick the Right Destination(s) …
  2. 2) Avoid Brazil. …
  3. 3) Make Lunch the Big Meal. …
  4. 4) Head to the Market. …
  5. 5) Drink What’s Local. …
  6. 6) Don’t Book All Your Hotels in Advance. …
  7. 7) Take Your Time. …
  8. 8) Learn Some Spanish.

How much money do you need for 2 months in South America?

All this can bring down your costs a lot. A good rule of thumb is you’ll need about

$1100 a month

for traveling on a budget in South America (for one person). Of course, your average could get a lot lower if, say, you end up staying in a rural village in Bolivia to volunteer.

Which country in South America is cheapest?


Bolivia

is always made out to be the cheapest country in South America — and while a case can certainly be made for it — you must be clever about where and what you spend your money on if you really want to get the best bargain out of Bolivia.

How much does it cost to backpack South America for 3 months?

South America on a BACKPACKING BUDGET

-A Comfortable backpacker’s budget when sleeping in a hostel dormitory bed, cooking for yourself or eating in cheap local restaurants, being selective on activities and traveling with public transport should be around $35 per day, so

$1000 per month

.

Is it safe to backpack in South America?

South America’s long had a bad reputation which, although not completely unfounded, is unfair. Yes, parts of the continent are dangerous for backpackers. But,

the vast majority places you’ll likely visit when you’re traveling around South America are incredibly safe

.

How much it cost for world tour?

List of International World Holiday Packages No. of Days Price*
Dubai Tour Packages


5 Days / 4 Nights


Rs. 45,312
Singapore Tour Packages 5 Days / 4 Nights Rs. 35,042 Mauritius Tour Packages 7 Days / 6 Nights Rs. 58,002 Australia Tour Packages 6 Days / 5 Nights Rs. 153,286

How much does it cost to travel the world for 1 year?

So, How Much Does it Cost? In general, you should expect it to cost between

$20,000 to $30,000 per person

to travel around the world for a year. This rough estimate comes from reading travel budgets of other bloggers, various travel planning resources, and our own experience.

How much money do you need to go to Japan?

Single Traveler Two Travelers
Low Budget


3,500 – 7,800 yen


7,000 – 15,600 yen
Medium Budget 8,800 – 18,500 yen 13,600 – 28,000 yen High Budget over 18,500 yen over 28,000 yen

How hard is Machu Picchu?

The easiest approach is by train from Cusco along the floor of the Urubamba Valley, then by bus up to the entrance of the ruins. Alternatively, from the station at Aguas Calientes you can opt to take a strenuous walk up to Machu Picchu –

expect it to take 90 minutes to two hours

.

Is Peru safe?

The threat of violent crime in most of Peru is no greater than many of the world’s major cities.

Traveling around Peru is relatively safe

, and the Shining Path Maoist rebel group has been largely disbanded. The Peru of today is a far cry from the militaristic repression, rebellion, corruption and terror of the past.

Is Colombia safe?

The short answer from us is

yes, it is safe to travel to Colombia

– as long as you keep your wits about you and stay away from known dangerous areas, this is one of the most incredible destinations in South America.

How much does it cost to backpack Central America?

Backpacking Central America Suggested Budgets

On a backpacker budget of

$30-50 USD per day

, you can stay in a hostel dorm, eat some local street food and local fruit, visit a few attractions (like museums and national parks), do some free walking tours, and take local transportation to get around.

What is South America worth?

Statistics Population 430,759,766 GDP

$3.990 trillion (nominal, 2016) $6.567 trillion (PPP, 2017)
GDP growth Per capita: 5.5% (2008) GDP per capita nominal: US$9,239 (2016) PPP: US$14,156 (2016)

How much does it cost to live in South America?

Rank Country Cost of Living Index 1

Uruguay


54.91
2 Chile 49.15 3 Brazil 42.64 4 Ecuador 41.99

Is South America cheap?

Although it may not compare to the likes of South East Asia,

South America is still a solid budget travel destination

. Yet some regions are distinctly more pricey than others, so it really pays to know where to go when trying to traverse the continent on a shoestring.

How do you get around South America?


Buses are the easiest way to get around

and there are small minibuses too. There are internal flights down to Cuidad del Este if you prefer not to take the overnight bus there. International buses also operate from Chile, Argentina, Uruguay and Brazil.

How long can I stay in South America?

If you are travelling as a tourist and do not require a visa, you will usually be granted a

90 day

stay on a multiple entry basis. This allows you to enter the country numerous times within the period granted. 90 days is the maximum that can be given.

Which is cheapest country in the world?

  • Sudan – 38.29.
  • Kyrgyzstan – 40.38.
  • Azerbaijan – 40.56.
  • Burma – 41.08.
  • Sierra Leone – 41.32.
  • Nepal – 41.85.
  • India – 42.86.
  • Tajikistan – 43.51.

What is the best country to live in in South America?


Colombia

is often touted as the best country to live in South America, thanks to its cheap cost of living, thriving expat community and colourful culture. The city of Medellín tends to be the favourite with people flocking from there from all over the globe.

Which South American country is the safest?


Uruguay

tops this list as the safest South American country in 2021 with an overall score of 1.817 on the most recent Global Peace Index. This number also places the South American nation as the 47th safest country in the world and safest Latin American country after Costa Rica.

Can you do South America in 3 months?


This itinerary for South America is based on spending three months on a South America travel route

. We moved pretty quickly and fit a lot into a short amount of time but it was totally worth it. If you have longer to spend (/more money to spend!)

When should I go to South America?

The best time to visit South America is

between September and November

. Summer in South America is November-February and the winter season is June-August. There’s also a rainy season in South America between January and March.

How much money do you need for 6 months in Asia?

On a Budget

I personally spent

$7,958 USD

(without SCUBA diving – $6,095) for six months in Southeast Asia, with a month each in Cambodia, Laos, northern Thailand, southern Thailand, Malaysia and Indonesia. With flights and pre-trip expenses, it added up to $11,000.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.