How to backpack South America on a budget
To travel South America affordably, stick to a daily budget of $40–$50 USD, prioritize overnight buses to save on accommodation, and eat your main meals at local 'menu del día' spots. Use regional bus networks rather than domestic flights, and always withdraw cash from bank-affiliated ATMs to avoid high commission fees.
- Prioritize overland travel. Avoid domestic flights. Use bus aggregators like BusBud or visit local terminal offices directly to book 'cama' (full recline) seats for overnight routes. This eliminates the need for a hostel for that night and saves on airfare.
- Eat the 'Menu del Día'. Look for restaurants offering a 'Menu del Día' or 'Almuerzo Ejecutivo' between 12:00 PM and 3:00 PM. You will typically get a soup, a main course (protein + rice/beans), and a drink for $3–$6 USD.
- Stick to dorms and local transport. Book hostels with kitchen facilities to prepare your own breakfast and dinner. Always use public city buses or metros instead of taxis or ride-share apps, which can be 5–10 times more expensive.
- Manage your cash flow. Open a travel-friendly bank account that reimburses ATM fees (like Charles Schwab or Wise). Only withdraw enough cash for 3–4 days to minimize the impact of flat-rate withdrawal fees charged by local banks.
- Is it safe to travel alone in South America on a budget?
- Yes, but keep your valuables in a hidden money belt and use reputable bus companies. Avoid walking alone at night in major cities.
- Should I book my buses in advance?
- Only for popular routes or holiday weekends. Otherwise, walking into the bus terminal 24 hours before departure usually gets you a better price.