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.
- 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.
- 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.
- 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.
- 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.