Budget

We have been asked many questions about the year we spent travelling Around The World. But interestingly, one question pops up again and again: “How much did it cost?”

In total we spent 20.700 Euros per person for 354 days on the road. This is a relatively high-end budget! Most people we met travelled on a budget between 12.000 to 15.000 Euros per person for one year. We even met a couple who lived on 10.000 Euros between the two of them for 2 years, but there are also people on the road who splurge 45.000 Euros per person in about 15 months. As you can see, the range is rather broad,
Of course, these number only makes sense if we give some insights on how and where we travelled.

Key elements that really had an impact on our budget travelling for such a long time:

  1. The first and most important rule is: cheap countries are really cheap, expensive countries are really expensive. This sounds trivial, but no matter how we travelled, this had a critical impact on how much we spent. In Bolivia or Laos, we simply stopped worrying after a few days. Nevertheless we spent far less than almost anywhere else. On the other hand, in the Pacific, we simply found no way to stop the financial hemorrhagic!
    We spent:
       28 weeks in South America (53 Euros per day),
       11 weeks in the Pacific & New Zealand (98 Euros per day) and
       12 weeks in Asia (38 Euros per day).
    In short, we spent almost one half of the budget in the Pacific, although we spent only one fifth of the time there. And in South America, we spent almost twice as much per day in Argentina and especially in Chile as in Bolivia or Peru.

  2. The faster we travelled, the more we spent. Crashing in a village in Bolivia or Laos costs very little. Moving every other day from one place to another, as we often did during this trip, greatly increased our budget. Maybe also because when were exhausted, we tended to reward us with little extras and more comfort.
    Since we visited 16 countries in 3 different areas of the globe, we spent quite a bit on international flights: 4.020 Euros per person. On top of that, we slept in 174 different places in 354 days! This enabled us to see and experience a lot, but was also expensive. The total budget for transportations of all kinds was 7.740 Euros per person.

  3. Last but not least and of course, the way we travelled and the level of comfort we chose indeed influenced our budget. But interestingly enough, this was all in all less crucial for the budget than where and how fast we travelled.
    Maybe worth mentioning, we no longer are in our 20s, so our “camping or dormitory times” are over. We chose budget hostels, but stayed in double rooms mostly with private bath. In most of South America and Southeast Asia, we ate at very local restaurants or food stalls. In Chile, Argentina & the whole Pacific, we cooked every single meal.
    We took many tours or guides in museums or points of interest to make the most of those places. We also travelled with more comfortable buses, at least when those were available, and a few times decided to fly to avoid long bus trips. We did save a lot of money by avoiding bars or clubs, but regularly enjoyed a drink or a bottle of wine with our fellow travellers in the hostel.

So, how much did we spend on what?

Transport: 7.740 Euros per person, of which 4.020 on international flights.

We decided against a RTW-ticket, which is extremely inflexible, and all in all not that cheap, especially if you look at a somehow more complex route for your trip, for instance one that includes either South America or Africa.

Hostels: 3.790 Euros per person:
South America:  20 Euros per night
Pacific:   35 Euros per night (almost always rooms with shared bathrooms)
Southeast Asia 15 Euros per night

Food & drinks: 3.590 Euros per person:
South America:  9 Euros per person per day
Pacific:   15 Euros per person per day
Southeast Asia 9 Euros per person per day

Tours & various activities: 3.790 Euros per person (that also includes scuba diving)


“Every day life”:  1.810 Euros per person: Internet & communications, laundry, purchasing small stuff

Souvenirs: We bought quite a few souvenirs, but did not include them in the budget of the trip. By the way, all those souvenirs we sent back home with regular postal service arrived safely in one piece!

Expenses per country including transport but not international flights:

South America:53 Euros per person per day
Venezuela 31 Euros
Brazil 42 Euros
Peru 34 Euros
Bolivia 29 Euros
Chile 58 Euros
Argentina 54 Euros
Uruguay 58 Euros

Pacific: 98 Euros per person per day
Easter Island 59 Euros
French Polynesia 166 Euros (!!!)
Cook Islands 73 Euros
New Zealand 59 Euros

Southeast Asia: 38 Euros per person per day
Hong Kong & Macau 32 Euros
China 36 Euros
Laos 23 Euros
Cambodia 35 Euros, but this was the last country, so we spent much more than usual
Thailand / Bangkok 43 Euros

Last but not least, you may wonder how to reduce costs if you do not have 20.000 Euros available for the trip. We would say that one third of cost can be cut without major inconveniences if you consider the 3 “Golden Rules” we identified at the beginning:

  1. Do not underestimate how fast you will burn your budget in expensive places like Western Europe, North America, Japan and the whole Pacific area including Australia & New Zealand… If you are on a tight budget, try to stick to cheap regions as much as you can. Southeast Asia & the Andean Countries of South America (except Chile & southern Argentina) are your best bet!

  2. Do not try to pack too much into your itinerary. Travelling fast will increases the costs. 16 countries in 3 areas of the world is the limit! We would even recommend cutting it down to 2 areas of the world if budget is important for you.

  3. Of course, you can save a lot of money by reducing your “standards” by staying in dormitories or by camping, using the cheapest buses, ...

Budget

05.09.2011

Uganda - Killing your budget?

Uganda, one of the poorest countries, is NOT cheap... IF you live and move in the tourist bubble that is difficult to avoid when visiting the National Parks in a reasonable time! We chose the cheapest of the expensive options, a two week private tour for 2.900 USD per person for two weeks, including pretty much everything (transport, accommodation, three meals, all permits, park fees). What makes such a trip so costly? Permits and park fees are a big chunk (gorilla permit 500 USD p.p., two Chimpanzee permits at 100 USD p.p. each,...[more]

Category: Uganda, Budget

26.04.2011

Ethiopia - Budget

We visited Ethiopia twice in 2010-2011. Both times we travelled during the busy season (Christmas and Easter) and spent about two weeks in the country each time. This is not our preferred time and tempo. Nevertheless we felt a lot less rushed than most other tourists. Especially large groups on buses go at a merciless pace! Omo Valley & Danakil Depression: Christmas 2010 - New Year 2011 On our first trip, we travelled two regions during 17 days. Places that could not be more different and further apart. The Omo Valley, at the...[more]

Category: Ethiopia, Budget

15.08.2010

Bulgaria - Budget

For this trip we chose a far more comfortable way of travelling than usual - first of all we stayed only 17 days, secondly the temperatures were oppressing and above all, the prices incredible cheap. So we rented a car, stayed in mid-range and sometimes even at Boutique Hotels. And of course, we tested the Bulgarian food to the limits, usually accompanied by local wine. The car rental, only 22 Euros per day, proved a great way to discover more remote areas of the country and start early, before it got too hot to visit places. On the...[more]

Category: Bulgaria, Budget

01.09.2009

Colombia - Budget

Colombia was actually not as cheap as we hoped it would be. Travelling there is more expensive than in many other countries on the continent. We spent on average 37 Euros per person per day, not much less than we had spent in Brazil (41 Euros) & much more than in Peru (33 Euros), Venezuela (30 Euros) and of course Bolivia (29 Euros). Differences are huge between the very, very cheap south of the country and the pricey Caribbean Coast. In the south we managed with 25 Euros per day, but we needed 43 Euros per day on the Caribbean...[more]

Category: Colombia, Budget

10.07.2008

Cambodia - Budget

Cambodia is a relatively cheap country to travel, though it is not as cheap as its neighbors. We spent on average 35 Euros per person per day. True, since Cambodia was the last country we visited during this Round The World Trip, we treated ourselves to better hotels and hardly ever ate at the markets as we used to do in other countries. We spent on average 16 Euros per night on accommodation, for nice double rooms with air-conditioning. In Siem Reap, our absolute favorite, the Golden Banana Hotel, even had a pool, which provided a...[more]

Category: Cambodia, Budget

24.06.2008

Laos - Budget

Laos is the cheapest country we have been so far, even far cheaper than Bolivia! We honestly did not think it was possible. Even though we significantly upgraded our standard of living, we spent only 22 Euros a person per day during the month we were there. One could actually travel on a daily budget of less than 15 Euros and still be able to see a lot! On average, we spent 12 Euros per night on accommodation for a nice double room with private bath and air-conditioning. If we had not splurged the week in Vientiane, where we treated...[more]

Category: Laos, Budget

26.05.2008

China - Budget

China’s Southwest is unbelievably cheap to travel for western tourists: even though we significantly upgraded our standard of living and traveling, no longer really taking care of what we spent, we spent about 35 Euros a person per day. This could have been cut by at least one third, of course if we wanted to! On average we spent 11 Euros per night on accommodation for a nice double room with private bath. A bargain! Chinese food is tasty and diverse, but due to the language barrier, we surely only tasted a very small range of...[more]

Category: China, Budget

28.04.2008

Hong Kong & Macau - Summary & Budget

After we first arrived in Hong Kong and moved around for a few hours, we were worried that staying for four days might be too long. Well, we were so wrong, we loved every minute of our stay and this is equally true for Macau The only turn off was the difficulty and suspense involved in getting a visa for China. Looking back, it was quite funny, but being in thrown into a situation where all of a sudden all rules do not apply anymore was rather uncomfortable. We felt so very lucky to have this piece of paper in our passport,...[more]

Category: Hong Kong, Budget, Summaries

19.04.2008

New Zealand - Budget

We spent almost 6 weeks in New Zealand, four on the South Island and a little less than two on the North Island. New Zealand is not a budget destination, nevertheless, we managed to spend 59 Euros per person per day, less than what we had budgeted. This is rather unexpected! How comes we did not spend much more? First, accommodation is very cheap for a Western country! The type of lodgings labelled “Backpacker” and the BBH association especially offers great value accommodation. Standards can be very different but the rating in the...[more]

Category: New Zealand, Budget

11.03.2008

Cook Islands - Budget

Yes, we all know that the Pacific islands are extremely expensive, not talking about cost for getting there. But the Cook Islands are an interesting option for traveling in this region, not only because of their beauty but also for the fact that you can travel on a reasonable budget and still enjoy yourself! Of course, you can “honeymoon” there, spending up to 800 Euros per night for an over water bungalow, eat in exclusive restaurants, hire a 4-wheel drive or even charter a plane to remote islands. We met people doing this, but we...[more]

Category: Cook Islands, Budget

19.02.2008

French Polynesia - Budget & Summary

We only spent 6 days in French Polynesia, four of them diving in Fakarava and two stopovers in Papeete. So our summery has to be seen in this context. Diving in Fakarava is simply amazing, one of the most fascinating diving spots in the world. We marveled at the colorful fish and often felt as if swimming in the middle of an aquarium. However, what makes Fakarava so special are the many grey reef sharks that literally surround you at certain spots. The Te Ava Nui Diving Center was a good choice: really cool staff but highly...[more]

Category: French Polynesia, Summaries, Budget

13.02.2008

Easter Island - Budget & Summary

This week on the Easter Islands was definitely one of the highlights of our trip. We thought we would have lots of time to rest and do nothing spending a whole week on this island, but were very busy visiting the various events of the festival and the more famous sites of standing Moai. Besides, from midday to late afternoon, the sun is simply too strong for any major undertaking! Of course, the highlights of the island are the Moai, their history and the many mysteries around them. What really surprised us was that even in the high...[more]

Category: Easter Islands, Summaries, Budget

05.02.2008

Argentina - Budget

We stayed 58 days in Argentina and spent no less than 2.840 Euros per person, which means an average of approx. 53 Euros per person and day. No need to say that this is a lot, even much more than Brazil, where we spent an average of 40 Euros per person and day, not to talk about Bolivia … What made our stay in Argentina so expensive? Costs for hotels were high but not absurd: 27 Euros per night, which is actually less than Brazil (30 Euros) but much more than Bolivia or Peru. Only in the Andean Northwest did we find really cheap...[more]

Category: Argentina, Budget

21.12.2007

Chile - Budget

Chile is definitely the most expensive country we have been in South America, by far! Of course, prices are lower than in Europe or in North America, but are much higher than Brazil or Argentina, not to talk about Venezuela, Peru and of course Bolivia. We have spent on average 57.4 Euros or approx. 82 USD per person per day! The only good point is, we stayed there only 16 days… We spent on average 27 Euros or 39 USD per night for accommodation, even though we were not in the bigger cities and we often downgraded our standards and...[more]

Category: Chile, Budget

24.11.2007

Bolivia - Budget

Bolivia is a cheap country, surely the cheapest we have ever been. But instead of saving, we rather decided to significantly upgrade our standard of living for the time we spent there: we chose more comfortable hotels, always with heating on the Altiplano and with a much higher level of comfort; we did not bother to cook and hardly ever frequented cheap food stalls but more often pleasant, even at times fancy restaurants; we booked many tours and chose the more expensive ones to optimize our comfort and experience; … Even with that,...[more]

Category: Bolivia, Budget

10.10.2007

Peru: Budget

All in all, we spent on average almost exactly the same amount of money per day as in Venezuela: 33.5 Euros or 47 USD. Yes, the present exchange rate Euro-Dollar is the best thing that could happen to us! Peru is to some extend a very cheap country, especially coming from Brazil, but classic tourist activities can be at times really pricy. In order to get an understanding for the cost of living in Peru, some information about the level of income might help. For an unqualified job, the standard salary can be as little as 300 to 350...[more]

Category: Peru, Budget

13.09.2007

Brazil: Budget

Brazil is definitely no longer a budget destination. This made us actually shorten our stay here and with lots of guilty feelings we decided to skip certain destinations such as the Chapada Diamantina National Parc or the whole Minais Gerais region to spend more time in cheaper countries such as Peru or Bolivia. One clear mistake was to follow the recommendation of several fellow travellers and several advices on the Lonely Planet ThornTree and go to the island of Fernando de Noronha east of Recife. This place is simply outrageously...[more]

Category: Brazil, Budget

20.08.2007

Venezuela: Budget

Venezuela is a very cheap country to travel, especially if you use the black currency market that is widespread.
 The inflation is high and therefore has lead to a de facto strong devaluation of the Bolivares, the national currency. Since Hugo Chavez decided a fix parity to the US Dollar (1 USD = 2.120 Bolivares), a black market has developed for trading the USD, the Euro or the Brazilian Real. This black market is everywhere, and even the police at the airport offers the tourists to change money, even though they do not propose a...[more]

Category: Venezuela, Budget