Factors That Influence Your Travel Costs. My final costs of $17,985 completely include of everything from getting jabbed in the arm for my Yellow Fever vaccine to buying all of my pre-travel gear, my travel insurance, all of my plane flights, bus rides, camel safaris, and surfing lessons, and straight through to my first delicious sub back on home soil when I passed through Philly on my final layover. My cousin and I spent six weeks in India, where we were splitting the cost of a $12 private room each night. So, we decided to start our trip in the Baltics and work our way down through Eastern Europe. :). The bottom line is that if you are a solo traveler, you should be able to travel the world for $25,000 for one year (that’s just over $2,000 per month, $66 per day)!! What a wonderful opportunity you have ahead of you. Do you think you’ll do a longer RTW this time? This multiplayer game has taken the world by storm. I cannot tell you how incredibly lucky I feel I am to have found your website! The following tables and charts further outline my around the world trip costs including the country-by-country expenses and budget. I admire you so much! China loans more money to the world than the richest 32 nations. A Little Adrift™ is proudly ad-free; all opinions and suggestions are my own. Thank you for your valuable information! It was mutually decided that our twenties were too valuable to spend doing something we didn’t believe in. Check out some of our preferred partners below: Accommodation: Find the best hotel deal at Hotels.com, to feel more at home when traveling we use Airbnb. This place was overpriced, right next to the bus station, and even airing on the dirty side. Then, depending on how many you add, you will have to adjust the front page that auto-calculates. How Much Does it Cost to Travel the World? I leave May 10th. And using the tips above, you can lower these figures even more, if needed. Every situation is different, but I believe that if you truly prioritize travel, then it’s possible to plan and execute an around the world trip. When calculating if I could afford my trip around the world, I even accounted for my student-loan and medical credit debt repayments (because yes, I was actually in a fair bit of debt). We stayed in some dream worthy accommodation like this and this, for 41 days out of the year. Thank you. Therefore, if a country has a Price Index of 134, that means that living there is 34% more expensive than living in the Czech Republic. I’ve mentioned a few times that going to every country in the world wasn’t as expensive as most people initially think. Local food is a window into the culture, so dig deep and eat like the locals, asking the vendors questions and learning more about each country’s food peculiarities. Hi Chicho, that’s a good question so I would recommend that you figure out your anticipated fixed costs like flights and visas and travel gear and insurance, and then estimate the daily costs in each of your planned countries. I’m still not sure if this was a mistake or if their prices were just that low. I took on side-hustles to sock away money. How about you? It’s officially been a year since we dropped everything, left New York City, and packed our bags to see the world. The current plan is for one year and maybe around 12 countries. :). Comparison of worldwide cost of living Living ist most expensive on the Cayman Islands … Looking back now, I can’t even imagine where they would have fit! I know that this is 2 months worth of free accommodation, so I can confidently say that if we were paying for every single night of accommodation at our highest price of $23 per person per night then this would have tacked on $943 each to our total. The information you share with all of us is invaluable. The second factor? However, since this is an article about expenses, I’ll confine the discussion to the financial side. Now is the perfect time to start planning a trip, and dreaming about travel when the world reopens. EU students can study for free in Finland. These factors can create significant differences in the total cost of a round the world trip. Depending on what part of the world you are in, every bus, train, ferry ticket is going to add up. Also lived in England and Germany. It’s such a shame that tourists think Amsterdam is a country own. Was obviously one of our amazing sponsored stays like at Anvil Bay in Mozambique or at Montusi Mountain Lodge in the Drakensberg. You can actually right-click the tabs at the bottom and click “Duplicate” – that will add one! I could live there and maybe call myself some sort of European someday…but to visit, it’s expensive and touristy. Gerald, SEA remains one of my favorite places in the world, so I hope you have an incredible time exploring it. ;). Let’s dive into a very detailed breakdown of what an actual one-year trip cost, the hard costs associated with around the world travel, and the factors that most dramatically impact your budget. And then on the visuals side, it’s just too long to write Netherlands (Amsterdam)—it didn’t fit. My site and those of my friends contain every essential resource you need to plan world travel. What is our greatest strength at cutting costs while traveling comfortably? It’s not. We travel as slow or as fast as we want. I know I want to return to Spain. Yes, that’s an important topic and I have a whole post about it here: https://alittleadrift.com/backpacker-travel-insurance-world-nomads/ It gets into when I use World Nomads, and when I’ve gone with IMG since I’ve used them both over the past eleven years! Planning question for you- how far in advance did you plan ? Prices paid and comments from CostHelper's team of professional journalists and community of users. How Much Does It Cost To Tear Down A House Recycling is one of the most efficient steps for building a more innovative world. World Nomads offers incredible flexible and great plans! Finding a way to travel the world is a mental obstacle as much as a financial one. That said, I recently put in my notice at my job and leave May 10th for a year around the world ( which I hope to be able to extend longer :) ) I am so excited! Then, my advice for the rest is that you plan a place to stay your first week, making sure it’s pet friendly, and then figure out the rest as you go. We have a detailed budget overview and I also built an excel tool that lets you track your own budget. We have traveled South Africa for 2 months and counting. I’m planning a year-long RTW trip with my husband and two daughters, who will be 9 and 10 when we depart. Could we have done this whole year for cheaper? Any chance you, or someone you know, has written a book on surviving in countries where you don’t speak the language? Can you offer me your wisdom tailored to my situation. Although, it may seem like we ate ramen noodles every night and slept in bed bug infested places it very far from reality. Try to do so before your kids turn 12. Hah, you are not the first to point that out, but I’m still going to leave it just like that. As I mentioned before, traveling as a pair definitely helps keep expenses down. This is assuming you don’t go all out and blow your dough on some sort of overland safari. The cheapest price on StubHub for one Game 2 ticket: $350. You may have guessed our most expensive flight was from Istanbul>Seychelles>Johannesburg for $493 each. $12,600 per person. Love the blog and enjoy your 10th year of being on the road! Where we are able to settle down and make ourselves at home. We are planning to spend at least 6 months in SEA and squeeze de budget to the maximum to have enough for 3 months in Europe, I know that will be the most expensive part of the trip. We ALWAYS travel with travel insurance. Other than that, we spent the majority of our European time in the Balkans and in the Mediterranean. I love the blog! Travel Insurance: We never travel without travel insurance with World Nomads. As it’s the least developed continent you may think that it would be dirt cheap. Let me know if there is anything else I can do to help as you start planning! Read on to find out how much…. Africa and the Middle East might not be as cheap as you first think, so do some research on a per-country basis when you start planning your route! We still reminisce about it and would recommend the property to anyone in a heartbeat. Head to Albania! Have you tried Airbnb yet? Not sure how keen your kids are to share a bed, but in some cases if you are getting places with two double beds, or even just two rooms, it’s likely double the cost. I know it’ll be life-changing! It was run by the friendliest Cypriot with beautiful gardens growing fresh fruit and a grotto just below the property to take a dip in the Med Sea. When and how is unique to each person, but by prioritizing and planning travel, you can make an around the world trip possible. it’s just saved to my documents at the moment :-), You can send me an email at firstname.lastname@example.org and attach it there! Thank you for posting this article. Hi Jen, thanks for stopping by, sounds like you have an incredible adventure you’re planning. I love traveling too, and I am planning my budget now to figure out how I can travel the world. From there we find out what destination is the cheapest to fly into and what time of year we can get a deal. We just did Croatia in a month and tried to see the whole country. I know if I told my friends and family they would be shocked. We couldn’t justify the cost. For planning, I really recommend that you first pick a date and timeline for setting out and leaving—your planning will contract or expand to fit whatever time you give yourself. And my last days of life I want to broaden even more my appreciation of what I have. I want to showcase that it is possible to travel comfortably while staying on a fairly strict budget. All together, this table, which includes more than 15 countries, totals 1.299 trillion dollars. I won’t say to just cook all your meals in, because half the fun of going to a new country is trying the cuisine. But there are work-arounds. There are also great train passes and such, which are affordable if you book ahead as well. My around the world trip was the single best investment in both my personal growth and my career. Shannon- When I left on my first round the world trip, I asked veteran travelers a key question: How much does it cost to travel around the world? Roundtrip amount is approximate for economy class air travel. Generally, $20,000 is the baseline cost for a trip around the world for one person for one year. Our decision to stay out of Western Europe. Most of the roads in Western Europe are quite safe to drive, and with the open EU borders it’s a great way to get around. Once the reference point has been established, the Price Index value of every other country in the database is calculated by comparing their cost of living to the cost of living in the Czech Republic. Thanks for sharing this useful post. Next comes Africa. And my Spanish is now 95% or higher. Same in Southeast Asia — I would often share with another backpacker and we could sleep for less than $10 each. I will take a look! With my wife we are planning to travel from January for over a year, we are a little bit concerned about the budget, we think we can together up to $45K AUD not sure if that will be enough. Wait advice in planning can you offer? Traveling full time has been one of the greatest opportunities for discovery in my life. But I will have to give the best place we stayed at and paid cash for to Rododaphi apartments in Cyprus. I would like to go to China or Brazil but I only know English. The game was only available for Mobile Devices and PC and the players have been waiting for the game to release on one of the Consoles. It’s here that we scored the $500 flight to the Seychelles continuing on to South Africa. But girl, please… I don’t want to be that person. It’s definitely easy to rent places for a few months, and that will allow you to start seeing the world and also learning what you want in a new homebase. As you’ll see in the detailed trip budgets below, world travel costs for mid-range to luxury world travelers can run as much as $40,000 to $50,000. Want to travel the world as a family, like we did? That’s a great budget. In little over a month I will begin my last High school year, and I was thinking about doing a gap year before university and travel across southeast Asia. Longer time spent in Europe will eat into your budget, so make sure you play with your dailies and length of time in places like SEA, so you don’t run out too quickly in the middle in Europe! Thanks for reaching out, it sounds like you have a great adventure on the horizon. That will fluctuate depending on where you are. I’m sure you ‘couch surfed’ a few times and stayed with lots of ‘friends’. Thank you so much for sharing. Finland: $0. It’s a great article, finally some honest data. What’s the cheapest you have traveled on? When we left we had a decent savings account , but ultimately had no clue how much we would be spending every day. Food expenses may not really cost that much because you can spend at the most €150 per month for groceries. So here are some of the highlights of our past year (in money terms) presented in USD and EUR: Was an entire apartment off Airbnb in Tirana, Albania for $16/night total. We woke up to the sound of the waves crashing into the cliff. Instead of counting on help from family, I budgeted for the trip, and I traveled with the budget I had—not the one I wish I had. Hi Camilo! If time allows we attempt to contact a property directly to get the best rates. Save Europe or the U.S. for a shorter trip later in life, and add a few off-beat locations to your planned route—these are most often the sleeper-favorites by the end of your RTW trip. How much an around-the-world airline ticket should cost. And one I know many travelers face. When we aren’t feeling somewhere – we leave. Note that budgets and guides give clear examples of how travelers can truly spend on average $50 per day on average to travel the world. When we lived in our one bedroom apartment in the Bronx we spent at least $1,300pp a month on basic living expenses, with ZERO fun involved in that cost. You can easily buy a SIM card when you arrive and pop it into an unlocked smartphone. That means on average we stayed just on par with our budget, coming in at $35.80 a day. All of these meals are still a fraction of what a nice meal out in New York City would have cost us. We prefer our comfort over cost now. Your budget will surely work, especially if you plan wisely how you spend that 30K (not sure if you are talking Euro or US, but both would work, though certainly more leeway if you are talking Euro). Thanks in advance! With a gap year to fill, your best bet is to head out on the road with a rough idea of how you will start, but then leave the rest up to chance. Those are some thoughts off the top of my head! Once you research daily travel costs by country, it will actually help you decide where you should spend more time and less (some countries can cost more than you anticipate, while others might be far more affordable). But I know there is no time to waist. I know that most people don’t want to stay in hostels or Couchsurf – and that’s okay. Friends have been forced to kennel/quarantine their dogs for up to two weeks when entering some places, so it’s that type of information that you would really need to know far ahead of time. I am thinking that you are going a bit slower and sticking to a few regions? How much wealth does the median adult in the world have? The most expensive accommodation we stayed at: Was an Airbnb apartment rental in the Seychelles for a whopping $100/night. Whether you are sitting behind third base snacking on some peanuts o… Okay annoying, but I guess also fair.
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