What does one year of traveling around the world cost?
- By
- Aparna Patel
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- 20 Jul, 2023
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It very much depends on the countries you go to. Europe is EXPENSIVE. South America – not so much. North America – EXPENSIVE. Central Asia – not.
I spent 4 months in South America doing pretty much whatever looked fun, and eating well. I initially stayed in the cheapest hostels possible, but quickly realised there’s a reason they’re cheap – had some interesting ones, that’s for sure! After that I’d pick the cheapest popular ones. However, if you do this, eat from the supermarket, take cheap buses, and all that, you can very easily do 20-25 Euros a Day. A bit harder in Chile, much easier in Bolivia.
This past summer I went from London to Mongolia overland. Western Europe hurt a little. The Baltics (Latvia, Lithuania) were great, then Estonia which uses the Euro pushed rates up a bit for food. Then I hit Finland, and goodness it was expensive – all the Nordic countries are.
Russia is more expensive than you’d think in the tourist cities – St Petersburg and Moscow. Once you’re into Siberia, things are much better. And Central Asia – the ‘stans, and Mongolia – accommodation is very good value, and so is food. Transport depends on your bargaining skills in Russian / local language 😉 And eating from the markets can save you a lot!
Again on this trip, it varied. In Europe, you needed 20 Euros sometimes just for the hostel. In Uzbekistan, it was much better. My accommodation in Dushanbe, Tajikistan was one of the more expensive ones, but it meant I had wifi which I’d been missing for a couple of weeks.
Of the RTW travellers, I find a lot of them talk with glee about the cheap prices in India and SE Asia. Some are shocked by the prices in China being expensive in tourist spots – more so than Europe. And some are also surprised at how expensive Australia and NZ are (and so are the locals, I can tell you! ;)).
So it all depends on your style of travel. You could easily spend US$30,000 and have an absolute ball. You could also spend around 6 grand (500 a month) if you’re really frugal and careful about what you do/eat, and where you go. You couldn’t do that easily in Europe.
It’s all part of the fun. If you come home early, it probably just means you spent it and had a great time. If you can eek out the cash, you’ll have had more experiences, just not expensive ones 😉
As you said, the answer depends on many factors, but there are thousands of people on around the world trips right now, you don’t need a fortune to do this.
From my own experience, if you assume you pay for all accommodation, transport and food yourself (no couch surfing, hitchhiking) your budget per day could be anywhere from 10 to 40 Euros depending on the country. You can imagine there are huge differences in costs between countries. So without knowing the route, it is hard to say.
Also, travelling with a friend or partner may save money, as in many places you pay the same for a double as for a single room and can also save money when eating out and sharing dishes. On the other hand you may spend much more eating out with your partner than you would eating by yourself.
The more I think about this the harder it is to answer, but I consider an average of 20 Euros a day a minimum if you want to enjoy yourself a bit.
If you hitchhike, couch surf and don’t eat out you can get along with much less.
But my number is 20*365 = 7300 Euros minimum plus the plane ticket.
Credit:stackoverflow.com‘
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