How to Travel South America for Under $50 a Day for Several Months

You can absolutely travel South America for $30-50 per day by staying in hostels, eating local food, and using overland buses. Bolivia and Peru are cheapest ($25-35/day), while Chile and Argentina push your budget higher ($45-50/day). Plan 3-6 months minimum to make the flights worthwhile.

  1. Start in the expensive countries first. Fly into Chile or Argentina when your budget is fresh. These countries cost $45-50/day. Work your way north through cheaper countries like Bolivia and Peru where $30/day goes far.
  2. Master the hostel game. Book dorm beds for $8-15/night. Use Hostelworld but also walk-ins for better rates. Stay 3+ nights for discounts. Cook your own breakfast and pack lunches from hostel kitchens.
  3. Eat like a local, not a tourist. Find 'menú del día' lunch specials for $3-6. Street food for $1-3. Avoid restaurants near tourist sites. Shop at local markets and cook 60% of your meals.
  4. Use overland buses exclusively. Skip internal flights. Long-distance buses cost $1-3 per hour of travel. Book semi-cama or cama buses for overnight trips to save on accommodation. Brings snacks and entertainment.
  5. Time your activities strategically. Free walking tours exist in every major city. Hike Huacachina dunes yourself instead of paying for tours. Visit free museums on certain days. Skip expensive Galápagos - do Islas Ballestas instead for $30.
  6. Work the currency arbitrage. Bring US dollars cash. In Argentina and Venezuela, unofficial exchange rates give you 30-50% more value. Use Western Union or blue market exchanges in Buenos Aires.
Is it safe to travel alone for months?
Yes, but stay alert. Use hostel networks to meet travel partners. Avoid isolated areas at night. Keep emergency contacts updated. Trust your gut about situations and people.
How much should I budget for emergencies?
Keep $1000-1500 emergency fund separate from daily budget. Medical emergencies, flight changes, or getting robbed can happen. Travel insurance is $2-4/day and worth it.
Can I work while traveling to extend my budget?
Tourist visas don't allow legal work. Some travelers do online work or teach English under the table, but this is risky. Better to save more upfront or travel shorter.
What if I get sick of hostel life?
Mix it up every 2-3 weeks. Try homestays through Worldpackers, camping, or splurge on a private room occasionally. Airbnb can be cost-effective for 4+ day stays when split with others.