How to budget for backpacking in Southeast Asia

Budget for $40 to $50 USD per day if you want a comfortable experience with hostels, street food, and occasional bus travel. If you prefer private rooms and frequent domestic flights, increase that budget to $75 USD per day.

  1. Calculate your daily baseline. Allocate $15 for a decent hostel bed, $15 for food and coffee, and $10 for local transport and small activities. This $40/day baseline covers the basics in countries like Vietnam, Thailand, and Laos.
  2. Account for regional price variance. Singapore and parts of Indonesia (like Bali) require an extra $20 per day compared to the mainland. Adjust your daily math upward if your route includes these locations.
  3. Factor in 'transition' days. Budget an extra $30 for every travel day. You will inevitably pay more for convenience, taxi rides to bus stations, and last-minute convenience store snacks while in transit.
  4. Build an 'experience fund'. Set aside a lump sum for big-ticket items—like a $300 PADI scuba course in Thailand or a $150 Angkor Wat pass—outside of your daily cash spend. Do not try to squeeze these into your daily budget.
Should I bring cash or use ATMs?
Bring $200 in crisp, clean USD bills for emergencies, but use a fee-free debit card (like Schwab or Revolut) at local ATMs for your daily cash. Avoid airport exchange booths at all costs.
Is it cheaper to book activities in advance?
Usually, no. In Southeast Asia, booking through your hostel or a local street agency on the ground is almost always cheaper than booking online in advance.
How do I track my spending while moving?
Use a simple app like TravelSpend. Log every purchase immediately so you know if you need to slow down your pace before you run out of funds.