How much does backpacking South America cost per day

Backpacking South America costs $25-45 per day for budget travelers, with significant variation by country. Argentina and Chile run $35-50 daily, while Bolivia and Peru average $20-35. Your biggest expenses are accommodation ($8-15 for hostels) and food ($8-12 daily).

  1. Calculate accommodation costs. Budget $8-15 per night for hostel dorms. Private rooms in hostels cost $18-30. Argentina and Chile hostels average $12-18 per night, while Bolivia and Peru run $6-12. Book directly through hostel websites to avoid booking fees that add $2-4 per night.
  2. Plan your food budget. Allocate $8-12 daily for food. Street food meals cost $2-4, restaurant meals $4-8. Cook in hostel kitchens to save — groceries for simple meals cost $3-5 daily. Beer costs $1-3, coffee $1-2. Ecuador and Bolivia have the cheapest food, Argentina the most expensive.
  3. Factor in transportation. Local transport costs $0.50-2 per ride. Long-distance buses average $3-8 per hour of travel. Budget $5-15 daily for transport depending on travel days. Overnight buses save a night's accommodation but cost $15-40 depending on distance and comfort level.
  4. Add activity and entrance costs. Museum entries cost $2-8, national parks $5-15. Major attractions like Machu Picchu cost $45-75. Budget $5-15 daily for activities. Free walking tours operate in most cities — tip $3-5. Hiking and beach days cost almost nothing beyond transport.
  5. Include miscellaneous expenses. Laundry costs $2-5 per load. SIM cards cost $5-15 with $3-10 weekly top-ups. Toiletries and supplies add $2-5 weekly. Emergency fund should be 20% of your total budget for unexpected costs like visa extensions or medical needs.
Which South American countries are cheapest?
Bolivia is consistently cheapest at $20-30 daily, followed by Peru and Ecuador at $22-33. Argentina and Chile are most expensive at $35-50 daily due to higher accommodation and food costs.
How much should I budget for the whole trip?
For a 3-month backpacking trip, budget $2500-4000 total including flights. 6 months requires $4500-7500. This includes daily costs plus international flights, gear, insurance, and emergency funds.
Can I travel cheaper than these estimates?
Yes, by camping when possible, cooking all meals, hitchhiking, and staying longer in cheaper countries. Ultra-budget travelers manage $15-25 daily but this requires significant compromises on comfort and activities.
What's the most expensive part of backpacking South America?
Accommodation typically takes 30-40% of your budget. Long-distance transport and one-off activities like Machu Picchu or Galapagos tours create the biggest single expenses beyond daily costs.