How Much Money Do You Need for Backpacking in South America?

By Anna Duncan

Any journey around the world, especially to South America, can be both exciting and expensive. Backpacking in South America is no different and requires careful planning when it comes to budgeting. While it’s impossible to give an exact figure for how much you’ll need for your trip, there are certain factors that will influence your overall budget.

Transportation:

Transportation costs depend on the type of transportation used. Buses are the cheapest form of transport, but they can often take a long time to reach their destination. Flying is faster but more expensive. The cost of a plane ticket will depend on the airline and destination.

It’s also worth considering car rental if you plan to travel around a lot or visit multiple countries.

Accommodation:

Accommodation costs vary greatly depending on where you stay and what type of accommodation you choose. Hostels are usually the cheapest option, while hotels and Airbnbs can be more expensive but offer more amenities and comfort. It’s also worth noting that some countries have cheaper accommodation options than others.

Food:

Food costs will depend on where you eat and what type of food you eat. Eating at local restaurants or street vendors is often cheaper than eating at Western-style restaurants or tourist traps. Street food is usually the cheapest option, but it’s important to make sure it’s safe before eating it.

Activities:

The cost of activities varies greatly from country to country and activity to activity. Some activities may require entrance fees or equipment rentals that add up quickly if done multiple times throughout your trip. It’s important to research each activity before committing in order to avoid any unexpected expenses.

Conclusion

To sum up, backpacking in South America can be an incredible experience but requires careful budgeting in order to make sure you have enough money throughout your journey. Transportation costs, accommodation expenses, food prices and activity fees all factor into how much money you will need for your trip.