Jul 7, 5 years ago

How far will your money stretch in South America?

http://blog.ailolalatino.com/wp-content/uploads/2012/09/travel-budget-in-south-america_small.jpgHow far will your money stretch in South America?

Of the many considerations to take into account when planning a trip in South America, cost of living is an important variable. Whether you’re backpacking and living on beans and rice or vacationing and living large for a week, knowing what you are getting into and how much to budget is essential. There don’t seem to be an economic crisis on the horizon like Argentina’s in the early 2000s that will result in dreamy exchange rates, but you can stretch your money in a few countries. In general, the wealthier, more expensive countries will have more comforts and infrastructure reminiscent of the U.S. or Europe, but there are no promises. We’ll look at popular destinations, starting with the most expensive and ending with the cheapest destinations. The estimations include the basic living expenses of a traveler while in country – food, hostel, entertainment, local transport – but extras like airplane tickets are not included in these figures.

Brazil

Highlights: Carnival, Rio de Janeiro, Sao Paulo, Iguazu Falls, and beautiful coastline and beaches
Daily budget: $40-50
Private room in a hostel: $25-30 per person
Price of a beer: $2

Chile

Highlights: Patagonia and Parque Nacional Torres del Paine, Easter Island, the Lakes District, San Pedro de Atacama, Valparaiso, and Tierra del Fuego.
Daily budget: $40-45
Private room in a hostel: $20-25 per person
Price of a beer: $2.50

CC Image used courtesy of Jeremy Vandel on Flickr

Argentina

Highlights: Buenos Aires, Patagonia, the Lake District, and Iguazu Falls.
Daily budget: $30-40
Private room in a hostel: $15 per person
Price of a beer: less than $2

Uruguay

Highlights: Colonia del Sacramento, Punta del Este, Mercado del Puerto, and mate culture
Daily budget: $30-35
Private room in a hostel: $15 per person
Price of a beer: $2

Paraguay

Highlights: Ruta Trans-Chaco to Bolivia, Trinidad, Parque Nacional Ybycuí, and other National Parks in Chaco.
Daily budget: $25-35
Private room in a hostel: $12 per person
Price of a beer: $1

Colombia

Highlights: Old Town Cartagena, Sierra Nevada, Carnival, Caribbean coast, San Agustin, and Cali.
Daily budget: $20-30
Private room in a hostel: $20/15 (city/country) per person
Price of a beer: $1

Peru

Highlights: Machu Picchu, Cuzco, Incan ruins, and trekking in the Andes.
Daily budget: $20-30
Private room in a hostel: $10 per person
Price of a beer: $1.50

Ecuador

Highlights: Galapagos Islands, Amazon Rainforest, and the Avenue of Volcanoes.
Daily budget: $20-25
Private room in a hostel: $10 per person
Price of a beer: $1.25

Bolivia

Highlights: Salt flats, Inca trails, the world’s most dangerous road, and Lake Titicaca.
Daily budget: $15-20
Private room in a hostel: less than $10 per person
Price of a beer: $1

Lead Photo: CC Image courtesy of SF Brit on Flickr

ryan

Ryan is a writer, photographer, and teacher living and volunteering throughout Latin America.

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