Our 2019 Latin America Travel Costs

With our second year of full-time travel under our belts, it is time for a recap. This post details our Latin America travel costs from February through November of 2019.

When Steve and I first toyed with the idea of traveling the world full-time I was very grateful to Never Ending Voyage and A Little Adrift along with other bloggers who generously shared their travel costs on their blogs.  It is my hope that seeing how affordable and attainable full-time travel can be will inspire you.

Why We Picked Latin America

After returning to Florida in December 2018 we assumed we would spend 2019 continuing to explore various cities in Europe. Then we watched the stock market take a nosedive during the month of December to finish the worst year in ten years.

Knowing that many parts of Europe and the U.K. can be expensive I checked out Price of Travel for an alternative. You can see their list of 137 cities ranked by how costly they are to visit.

The first half is dominated by cities in Asia, Eastern Europe, and Latin America. The bottom half contains cities primarily in Western Europe, the U.K., Australia, and the U.S. and Canada.

We decided that Latin America would be a fiscally responsible choice for 2019.

Since our travel philosophy is to go with the flow (hence the name Wind and Whim) we did not detail the locations or related costs. We knew we would start in San Juan, Costa Rica then visit Panama City. After that, it was anyone’s guess.

The Budget

We traveled internationally for eight months (243 days) in 2018 and spent $38,900. This averaged to $160 per day. You can read the details in this article.

We decided on a budget of $45,600 for 2019. This came out to $148 per day for the 309 days we were traveling.

We have been scheduling our stops in four-week intervals for the most part. Our basic four-week budget breaks down like this:

Four Week Basic Budget
ItemBudget
Lodging$1,500
Food$1,300
Transportation
& Activites
$1,000
Total$3,800

In addition, we have annual costs like evacuation insurance, vaccinations, and international drivers licenses. You can see the total budget in the next table.

So What Did 10 Months Cost?

Here are the cities we visited with the actual and budgeted costs:

LocationActual CostBudgetOver (Under)
San Jose,
Costa Rica
$4,200$3,500$700
Panama City,
Panama
$2,900$3,500($600)
Cartagena,
Colombia
$3,700$3,800($100)
Galapagos Is.,
Ecuador
$5,500$5,000$500
Quito,
Ecuador
$2,400$3,100($700)
Cuenca,
Ecuador
$2,800$3,800($1,000)
Various Cities,
Peru
$6,100$3,800$2,300
Buenos Aires,
Argentina
$7,200$7,700($500)
Cordoba,
Argentina
$3,100$3,800($700)
Medellin,
Colombia
$4,000$3,800$200
Flight back to U.S.
$100$400($300)
General
Expenses
$2,900$3,400($500)
Totals$44,900$45,600($700)

As you can see we came in $700 under budget at $44,900. This is just over $145 per day.

General Expenses are items that cover the year or aren’t related to a specific place. This includes things like:
Evacuation insurance from MedJet  $1,100
Vaccinations $600
Supplies $500
Virtual mailbox subscription $200

Here is a breakdown of our costs by category:

CategoryCost
Lodging
$15,400
Food$13,600
Transportation$8,800
Activities$3,400
Supplies$500
Medical$2,200
Office Related$200
Telephone$500
Other$300
Total$44,900


We not only spent less per day than in 2018, but we stayed in budget!

A few notes about this analysis:

* All costs are in U.S. dollars.
* All costs are for two people.
* It only includes expenses directly related to travel.

The following items are not included:
* Stateside medical insurance
* Routine medications and visits to doctors
* Base cost of our AT&T cell phone plan
* Storage of our possessions in the U.S.

Our style of travel was higher than backpacker level and definitely under luxury level. I would classify it as three-star.

Our lodgings were clean and comfortable, often stylish, and almost always had a kitchen and a separate bedroom. Most of them had a clothes washer. Our meals were either cooked at home or eaten in mid-level restaurants.

A modern living room opened to a balcony
Our fantastic apartment in Medellin had two bedrooms, two and a half bathrooms, and a huge balcony. It was only $1,350 for four weeks.
Cost By Location
LocationTotal CostDaysCost per Day
San Jose,
Costa Rica
$4,20028
$150


Panama City,
Panama
$2,900

28$104
Cartagena,
Colombia
$3,70028$132
Galapagos
Islands,
Ecuador
$5,50028$196
Quito,
Ecuador
$2,40028$86
Cuenca,
Ecuador
$2,80027$104
Peru Tour$6,10029$210
Buenos Aires,
Argentina
$7,20056$129
Cordoba,
Argentina
$3,10028$111
Medellin,
Colombia
$4,00028$143
Flight to U.S.*$100
1$100

Subtotals
$42,000309$136
General
Expenses

$2,900309$9
Totals$44,900
309$145

* The flight back to the U.S. was inexpensive because we used points from our Chase credit card. The full cost was $600 including baggage costs.

Notes On Budget Variances

We were over budget in:

San Juan, Costa Rica – because of two side trips We took two side trips to beaches while we were San Juan. One was to Puerto Viejo on the Caribbean Coast and the other to Jaco on the Pacific Coast. We enjoyed the change of pace at both of them. The total cost for 6 days was $1,600 or $267 per day.

A sloth with a baby hanging from a branch
Mama and baby sloth hanging out at our hotel in Puerto Viejo.
Man and woman throwing shaka sign
With my instructor in Puerto Viejo for my very first surf lesson.

Galapagos Islands, Ecuador – because of a side trip While visiting the islands we spent most of our time in Puerto Ayora on the island of Santa Cruz. In order to see more of the famed wildlife, we spent a few days in Puerto Baquerizo Moreno on San Cristobal Island.

The water taxi trip to Puerto Baquerizo Moreno was a bit of a nightmare. The captain was trying to avoid an approaching storm. In spite of his best efforts about half of the 40 people on the boat got seasick. Fortunately, the trip back to Santa Cruz Island was much smoother. Even so, the experience made us decide not to visit any more islands.

In spite of the rocky boat ride, we enjoyed our three days in Puerto Baquerizo Moreno which included two hikes to secluded beaches and a few cool experiences in town.

A woman and a sea lion on a beach
A morning hike led us to La Loberia where it was just us and the sea lions.

These 3 days cost $688 or $229 per day

It is well known that visiting the Galápagos Islands is expensive so we budgeted extra for it. We spent four weeks there and feel that it was far too long. You can read about our experiences in Is A Land-Based Galapagos Trip Right or You?

Peru Tour – because of  a bus tour, a visit to Machu Picchu, and the flight from Cuenca to Lima

Our four weeks in Peru cost $6,100, $600 more than our four weeks in the Galapagos. The reason for this was that we started in Lima, spent 19 days visiting various towns in Peru, and went to Machu Picchu.

At $900, our flight from Cuenca to Lima was the most expensive we have had since we started traveling. From there we took a Peru Hop tour bus which went from Lima to Cusco, a distance of 685 miles or 1,100 km.

The Peru Hop tour lets you chose among several routes and spend as little or as much time as you want in each city. We spent 18 days in a total of 5 cities before heading to Machu Picchu.

The tour took us to several towns we would never have visited on our own including Paracas and Huacachina, an oasis town that introduced us to dune surfing.

A small lake surrounded by palm trees and sand dunes
We had never seen anything like the oasis town of Huacachina, Peru.

Even though we ended up spending sixteen hours in a decrepit little town in Peru because of a protest I would recommend Peru Hop. You can read about our experience with the protest, which included using the worst restroom we have ever seen in Stranded on the Road in Peru.

Peru Hop and Machu Picchu Costs
ItemCost
Flight to Lima$900
Peru Hop bus$400
Train to Machu
Picchu Town
$300
Machu Picchu tour$300
Accommodations
$1,400
Food$1,000
Total$4,300

The remaining time in Peru was spent in Lima and averaged $160 per day.

We were under budget in:

Panama City, Panama – because of a great deal on lodging  The cost was lower here because we got a great deal on an apartment in a new complex. We paid only $700 for four weeks in a one-bedroom apartment with a washer and dryer in a golf community.

The downside was that it was about 15 minutes from the city and we had to take a taxi everywhere even the grocery store.

Sunrise over a golf course
Sunrise over Panama City and the Panama Canal as seen from our balcony.

Quito, Ecuador – because of illness Both Steve and I felt a little ill not long after we arrived in Quito. At first, we thought it was altitude sickness, but when it lingered for more than a week we determined it was intestinal. I love being under budget, but not for this reason.

Cuenca, Ecuador -because of an inexpensive apartment, low transportation costs, and low activity costs

Since we went to Cuenca from Ecuador the flight was inexpensive ($100). From what we saw, flights within a country were inexpensive, while flights between countries were not.

We found the town to be very walkable. Tours, taxis, and food were all inexpensive. Cuenca is a popular place for U.S. citizens to retire, partly because the cost of living is low.

Buenos Aires – a two-month stay meant lower transportation costs

Both lodging and food were considerably less expensive than you might expect in a city that is nicknamed the Paris of South America. There wasn’t anything in Buenos Aires that we considered expensive.

Our time in Buenos Aires we took a side trip to Iguazu Falls. At $400 per day, this was our most expensive side trip because it involved flying from Buenos Aires to Puerto Iguazu. Even so, it was well worth it.

Crowds of people on a boardwalk at Iguazu Falls, Brazil
Our side trip to Iguazu Falls was definitely worth it.

Cordoba, Argentina – because of low food, transportation, and activity costs

The first reason our expenses were low in Cordoba was that we ate most of our dinners at home because almost all the restaurants closed from late afternoon until 8:00 or 9:00 pm. The second reason is that we went to Cordoba from Buenos Aires so the cost to fly was low. And the third reason was that our activity costs were low because quite frankly there wasn’t a lot to do in Cordoba.

While in Cordoba we took a five-day side trip to the small towns of La Cumbrecita and Villa General Belgrano. The daily cost was only $130 and included 3 days at a spa.

Was It Worth It?

Absolutely!

Latin America was not at the top of our list before December 2018, and in the beginning, we didn’t love it. But we stuck with it and fell in love with several places including Buenos Aires and Medellin.

Machu Picchu was an experience of a lifetime and worth the effort and expense to get there. It is truly a magical place.

Even the places we didn’t love so much had many positives and I am glad to have experienced them.

We came home with many happy memories and a few scary ones. Best of all, we met so many friendly and inspiring people along the way.

Further Reading

You can see what we spent during our first 8 months of full-time travel in Europe in 2018 in The Bottom Line: Our 2018 Full-Time Travel Costs.

Also check out Our Top 10 Latin American Travel Experiences.

Happy traveling,
Linda

 

Featured image by Jason Leung on Unsplash

The Bottom Line: Our 2018 Full-Time Travel Costs

You may be wondering what it costs to travel the world full-time. I think you will be surprised to learn that it can be less costly than you think.

When Steve and I first toyed with the idea of traveling the world full-time we thought it might be a pipe dream. Our main concern was that it would be unaffordable. Then we researched world travel costs and found that many people are living a nomadic life and are generous enough to share information about their costs.

Seeing how affordable travel can be was the difference between having a dream and having a goal. Three and a half years later our goal became a reality.

Now we are happy to share our full-time travel costs in the hope that it will help others take the first step toward turning their dreams into reality.

The author’s daughters at a wedding reception
Leaving our daughters, Stephanie and Laura, was the hardest part.
The Budget

We originally set our budget at $3,000 per month. We then tacked on an additional $4,000 a year for general expenses such as supplies, travel insurance, and virtual mailbox service. This put our original budget at $40,000 per year ($36,000 + $4,000).

This budget included an average cost of $1,000 per month for lodging. After our experience with our Paris apartment, which you can read about in Lessons From Airbnb, we upped the lodging budget to $1,500 per month. This put our monthly budget at $3,500 and our annual budget at $46,000 ($42,000 + $4,000).

All costs are in U.S. dollars. It is important to note that we are only including expenses that relate directly to travel. The following items are not included:
Stateside medical insurance
Routine medications
Base cost of our cell phone plan
Storage of our possessions in the U.S.
Gifts

It is also important to note that we do not have many of the expenses of daily life that we had when we lived in the U.S.  We sold our home and our cars, so we don’t have insurance, maintenance, or property tax expenses. We have no mortgage, rent, or car payments. For the most part, we are spending the money we would have been living on in the U.S. on travel.

The French Pavilion at Versailles
Mow the lawn or visit the French Pavilion at Versailles?
The Reality: Costs by Category

CategoryCost
Food$11,500
Lodging
11,100
Transportation8,000

Activities4,000
Supplies1,800
Medical1,000
Office Related700
Telephone300
Other500
Total$38,900

Our 2018 travels included a fifteen-day Transatlantic cruise with five ports of call and stays in fifteen foreign cities over eight months. As you can see, we spent $38,900 (just under $4,900 per month) during these eight months. Annualized this comes to $58,300. This was $12,300 higher than our annual budget of $46,000.

This is where I should write about how bad we feel for going over budget and vow to do better. But we don’t feel bad.  If we were putting our finances in jeopardy we would be expressing remorse. Steve and I are working closely with a financial advisor and he’s not worried, so neither are we. We made some conscious choices to spend more in certain cases, and we made a few mistakes. The bottom line is we reached our level of comfort and it costs $58,300 per year.

Our style of travel was higher than backpacker level and definitely under luxury level. I would classify it as three-star. Our lodgings were clean and comfortable, often stylish, and almost always had a kitchen and a separate bedroom. Most of them had a clothes washer. Our meals were either cooked at home or eaten in mid-level restaurants.

That being said, I believe a couple could travel for a year on $40,000. However, it would not be three-star all the time and would not include a Transatlantic cruise.

Five people in silly costumes walking on a boardwalk
You can see sights like this one in Sitges, Spain for free.
What These Expenses Include

Lodging – The cost of the cabin for the cruise is not included here.  The entire base cost of the cruise is included in transportation because we chose this method to get to Europe in lieu of flying.

Transportation – This includes all costs to get to each destination and fly back to the U.S. in November. It also includes the cost to travel within each city and the cost of a rental car for two weeks in Byala, Bulgaria.

Supplies – The largest cost here was a MacBook Air and accessories for $1,000. It is included as a travel cost because we would not have bought it if we weren’t traveling since we had a perfectly good desktop computer at home. This category also includes $350 for shoes and hiking boots. You can’t put a price tag on foot comfort. Clothing, in general, is not included, but if something was purchased specifically because we were traveling it is included. We also spent $54 to mail several items home from Strasbourg. According to other nomads, it is not uncommon to take too much when you start out.

Medical – This entire cost was for annual Medjet travel insurance coverage. This provides evacuation services in case of serious illness along with other protections. You can read a little about Medjet’s services in Travelers’ Little Helpers: Our Favorite Services and Apps or visit their website at https://medjetassist.com/. Vaccinations and medications needed for travel would be included here but we did not need any for this trip.

Office Related – The largest cost here was $199 for our annual virtual mailbox subscription and $34 for scanning overage charges. You can learn about this service at https://my.travelingmailbox.com/. We spent $125 for additional internet service on the ship. This was necessary since we were in the process of selling our house in the U.S. Website hosting for one year was $71, AAA membership was $66, and a Rosetta Stone subscription was $55. The remainder was for printing, postage, notary service, and office supplies.

Telephone  – This was for the purchase of SIM cards and any additional charges we incurred using our AT&T international day plan. It does not include our base cost for AT&T since this is not directly related to travel.

Other items  – We spent $200 for laundry for those times we did not have a washer available, $200 in currency exchange costs due to the dollar being weaker than the Euro, and $100 in money lost to theft.

Where We Went Over Budget

Three items contributed to this overage: The cruise, our short trip to London, and moving around too much during the second half of our eight months abroad.

In deciding to take a two-week cruise from the U.S. to Europe to begin our adventure we made the conscious choice to spend the extra money. Even though the cost of $4,300 for fifteen days was more than double our budget, we are glad we did it.

We opted for a cabin with a balcony and probably would not do that again. A couple of cruise company-sponsored tours also added to our cost. Now we are confident enough to explore on our own. We thoroughly enjoyed our time on the ship and plan to do other one-way cruises again.

Two young women in traditional dress in Seville, Spain
Young women in Seville, Spain, one of our ports of call

In July our daughter Laura and her friend Ashley visited us as part of a two-week tour of several European cities. We decided to take a short trip to London with them. The three-night trip was fantastic and we look forward to seeing more of London. It was also extremely expensive. This short trip ended up costing $700 per day for a total of $2,100. This included $230 to reissue our Chunnel tickets because we missed the check in time. Ouch!

Huge statue of Jeff Goldblum in front of the Tower Bridge in London
Jeff Goldblum and the Tower Bridge in London

Staying in Airbnb apartments for twenty-eight days or more provides deep discounts. We visited fifteen cities in these eight months, not including the ports of call on the cruise. We spent twenty-eight days or more in five of them and were only slightly over budget for these five combined. Considering that two of them were in France, this was not bad at all.

Our stays in the other ten cities were shorter which drove up the daily cost of lodging. We also chose a few more expensive places like a sailboat in Lisbon.

A marina in the Belem area of Lisbon
Our short-term home in Lisbon

Moving between cities also increased our transportation costs. We were able to use the very economical trains and buses in Portugal but opted for a personal driver when going from Bucharest, Romania to Byala, Bulgaria. The total cost for this was $225 ($175 plus a $50 tip for our driver who went above and beyond in helping us secure our rental car). We used the rental car for two weeks in Byala then drove it to Plovdiv, Bulgaria. The total cost including gas was $426.

Costs by City

CityCountryTotal CostDaysCost per Day
CruiseU.S. to Spain$4,30015$287

BarcelonaSpain3,60031116
ParisFrance3,80028136
StrasbourgFrance3,70028132
LondonUK2,1003700
ZagrebCroatia3,20028114
BucharestRomania2,6002893
ByalaBulgaria1,80014129
PlovdivBulgaria1,7001894
SofiaBulgaria7005140
LisbonPortugal2,80014200
AvieroPortugal5003167
PortoPortugal7005140
SintraPortugal1,30010130
LagosPortugal5004125
FaroPortugal6004150
LisbonPortugal7004175
FlightTo U.S.8001800

General3,500
Totals$38,900
243$160

General costs include $1,700 for supplies, $1,000 for Medjet coverage, $500 for office-related expenses including $200 related to our virtual mailbox, $200 for loss on exchange rates and $100 for international driving permits.

You Can Do This Too!

Right now you might be thinking that you could never afford to do this. Guess what? You probably can. We are in our early sixties and are living on money we have saved over forty years of marriage. But you don’t have to wait until your old(er) to travel the world.

Thanks to the Internet you can meet people of all ages who are living a nomad life. Some of them save up for a year or so of travel and others work on the road as digital nomads. You can certainly see many of the world’s wonders and have exciting experiences on considerably less than we spent.

If the idea of traveling full-time is appealing to you Google the heck out of it. There are so many resources that planning has never been easier.

What’s the worst that can happen? You spend all your money and return home with wonderful memories, funny stories, and far too many photos.

Was It Worth It?

Absolutely!

I could say that you can’t put a price tag on the experiences we had, but I just did. We met wonderful people, were exposed to different ways of life, and saw sights that we had only read about. We made friends with several cats and ate way too much. History came to life, we enjoyed wonderful art in museums and on the street, and we learned the difference between Bucharest and Budapest.

Ponts Couvert in Strasbourg, France
Oh, the places you’ll go, the beauty you’ll see (Ponts Couverts in Strasbourg, France)

These eight months have enriched our life beyond words and dollars. And that is really what this whole dream was about in the first place.

 

Steve and Linda at Plivites Lakes National Park
Steve and I enjoying the beauty of Plitvice Lakes National Park, Croatia

Find out what we spent for 10 months in Latin America in 2019 here.

Happy traveling,
Linda

Featured image by Sharon McCutcheon on Unsplash.com