Frequent question: Is South America cheap?

Is South America expensive?

South America is an amazing continent to travel on a budget, though you would be wrong to assume that every country in South America is cheap! … Countries like Brazil and Chile are relatively more expensive, sometimes approaching Western prices.

Is South America more expensive than Asia?

Cost of living

Southeast Asia ends up cheaper than South America the majority of the time if you’re comparing apples to apples. You can definitely find a cheap hostel or a five-star hotel in either area, naturally, and it’s relatively easy to live or travel on a budget or enjoy the high-end side in either area.

What are the cheapest countries to visit in South America?

Top 5 Cheapest Countries in South America

  1. Bolivia. Currency: Bolivian Boliviano.
  2. Colombia. Currency: Colombian Peso. …
  3. Ecuador. Currency: United States Dollar. Bed in a dorm room: $7-11USD. …
  4. Peru. Currency: Peruvian Sol. Exchange rate: 1USD=3.89PEN. …
  5. Paraguay. Currency: Paraguayan Guaraní Exchange rate: 1USD=6,767PYG. …

How can I go to South America for cheap?

12 Cheap Travel Tips for Latin America

  1. 1) Pick the Right Destination(s) …
  2. 2) Avoid Brazil. …
  3. 3) Make Lunch the Big Meal. …
  4. 4) Head to the Market. …
  5. 5) Drink What’s Local. …
  6. 6) Don’t Book All Your Hotels in Advance. …
  7. 7) Take Your Time. …
  8. 8) Learn Some Spanish.
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Is backpacking in South America cheap?


-A Comfortable backpacker’s budget when sleeping in a hostel dormitory bed, cooking for yourself or eating in cheap local restaurants, being selective on activities and traveling with public transport should be around $35 per day, so $1000 per month.

Why is South America so expensive?

Insufficient development of low-cost airlines is the main reason why international travel within Latin America is so much more expensive than doing so in Europe and Asia. … “There is definitely a lot of potential in Latin America,” confirmed Carlos Ozores, a consultant with the US company ICF.

What is the cheapest South American country to live in?

Ecuador is the most affordable country to live in with the best value for your dollar. There are many locations to choose from to live well off of $800 USD per month.

Is Peru expensive?

Peru is one of the least expensive countries to live in South America. You can cover your basic expenses for $2,000 per month or less in most areas other than in Lima. Living in the capital costs you a bit more for the same quality of life as you would experience in outlying areas.

How safe is Peru?


Overall, Peru is somewhat safe to visit, though it has many dangers and is ridden with crime. You should be aware that tourist hotspots and public transportation are places where most thefts and pickpocketing occur, and that violent crime exists on the streets, too.

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How safe is Chile?

Chile is amongst the safest countries on Earth

It is usually considered the safest country in South America, together with Uruguay. Thanks to its low crime rates and nice behavior towards travelers, the “thin country” can be considered a very safe destination (especially if you visit its spectacular national parks).

How much money do you need for 6 months in South America?

Shoestring Budget for 1 to 6 Months in South America

A figure of $1000 per month is a reasonable starting point for a shoestring budget for the region. Visit predominantly the Andean region of Peru, Ecuador and Bolivia and you can get by on less.