How Much Does It Cost To Go To The Bahamas – One of the most frequently asked questions is how much does it cost to travel around the world. This was also our biggest question before we decided to embark on such a big journey.
It costs a lot less than you think. A long-term trip lasting several months or more costs much less per day than a typical 10-day trip abroad.
How Much Does It Cost To Go To The Bahamas
There are many factors that affect how much you spend…the countries you visit, the types of accommodation you stay in, how often you move from one city to another, the mode of transport, and the number of trips and activities that you do In this post, we’ll shed some light on the cost of traveling around the world and what to expect if you have plans to travel around the world.
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If you spend a lot of time in developed countries (Europe, Australia, New Zealand and Japan), your costs will be very high. In Europe and Australia, the average price per person is 125 dollars per day. For our family of four in these countries, the average is 350 dollars a day.
Asia, Africa and South America are cheaper. In places like Cambodia, India and Nepal, you can spend as little as $50 per person per day and still have good food and good accommodation. Our family of four earned an average of $185 a day in Southeast Asia, $180 a day in Nepal, and $155 a day in India.
Planning your trip to visit more countries with a lower cost of living will help you save money. And that’s what we did, making sure these were the countries we wanted to visit.
During the 13 months of travel, we spent nine of them in Asia. We also spent six weeks in South Africa. These countries are at the cheaper end of the scale. We limited our time in New Zealand and Australia to seven weeks and limited our time in Europe to just five weeks. All of these are at the more expensive end of the scale. We also knew that in the future it would be easier for us to travel back to Europe than Asia because of the distance we would be calling home.
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One budget resource we use is budgetyourtrip.com. This is a good resource if you want basic daily expenses for any country. Just enter the name of the country and you will get the approximate average daily cost of visiting that country. This is only an estimate, but it gives you a starting point for how much you can expect to spend in each country.
Your primary mode of transportation will have a big impact on your budget. Air flights are the most expensive, and bus flights are very cheap. If you really want to keep your budget low, cut back on flights and fill in the gaps with bus and train travel.
But remember, you get what you pay for. Traveling by bus is a very cost-effective way to travel, but it is also slow and can be very frustrating. When you’re traveling for a long time, you have the luxury of time, so adding a day to your trip between Bangkok and Chiang Mai can be worth the savings on a flight.
In Europe, we travel around Italy by train and occasionally use public buses. Once in Germany, we rented a car just for the convenience of getting to know Bavaria.
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While in South Africa we rented a car for six weeks. We traveled a lot, but saved a lot of money because we didn’t have to book flights for the four of us.
While in Asia, we booked flights for longer hops and filled in the gaps with bus trips. For convenience, we make periodic flights. For example, traveling between Laos and Cambodia would require two bus trips in 24 hours, which would cost slightly less than flying. In such conditions, the flight was obvious.
We toured New Zealand from the bottom up by car, our best trip ever. In Australia we mostly travel by car, but some places we fly.
In just 13 months of travel, we traveled 90 buses, 56 trains and 44 planes.
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The more you change places, the more money you spend. Every time you move to a new place, you have to spend money on transportation, which adds to your daily expenses.
Many people travel from one place to another for a week or two when traveling for a year. Some stay for a month or more, really getting to know the place. And since there is no shipping fee at this time, the costs are usually very low.
We were different. We move very often, on average three days per city. In 396 days, we slept in 149 different places. Our expenses were higher because we moved so often.
It was worth it for us. It was a one-of-a-kind opportunity and we wanted to see as much of the world as possible. It was exhausting and we were burnt out at the end of the year, but I would do it all over again.
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Accommodation can be one of the biggest expenses on your budget. So saving money can save a lot of money overall.
On long-term trips, most people stay in two- and three-star hotels, hostels or rented apartments. If you’re traveling alone, hostels are usually the cheapest because you can rent a bed for the night instead of an entire room. The downside is that you will be sharing your room and bathroom with other people. But on the other hand, it offers a social environment where you can meet other travelers.
Hostels and apartments for rent usually have a kitchen. This allows you to save even more money by cooking for yourself while staying in this type of accommodation.
Of course, there are always exceptions to the rule, but accommodation in order from cheapest to most expensive:
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When planning a trip, it’s easy to say that you’ll be staying in cheap and inexpensive places 100% of the time. But it’s really fun to go crazy every once in a while. After cutting your budget for so long, those little extras you get in a better place will be very nice.
If you are traveling as a family, hostels are usually not cheaper because they charge per person. Much better luck with bed and breakfasts, cheaper hotels and apartment rentals.
Another way to cut costs is to combine transportation costs with living expenses. Booking night trains and buses is a great way to save money.
Most often we stay in 2-3 star boarding houses and private accommodation. A homestay is basically a room in a person’s home that is set up similar to a hotel room. They were great as we got more personal attention, had the flexibility to keep the four of us in one room and sometimes cooked us dinner (for an extra fee). And it was an opportunity to immerse yourself in the local community and get to know the life of the residents better.
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We all sleep in the same room most of the time. This really kept the cost down as we only had to pay for one room. In Asia, hotel staff often took extra cots or mattresses into the room if we asked for it. Being together all the time required some adjustment, but it was one of the main ways to save money.
Every now and then we wondered if it was the access to the hotel pool, the beautiful scenery (Elephant watering hole in Botswana!), staying in a unique hotel (the silos in New Zealand) or a dose of luxury (a villa in Bali for our wedding anniversary). But there were very few such places for us during our round-the-world trip.
Food is another item that quickly increases your travel budget. If you’re really trying to cut costs, minimize your dining out and maximize your grocery shopping. You will save money by cooking for yourself.
Eating out every day is expensive, even in the cheapest countries. Alcohol, even a glass of wine, can break your budget.
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Eating local food is much cheaper than eating at restaurants that serve western menus. Sometimes street stalls are the best choice for good cheap food. Just pick a place that is busy and always has a line to avoid food poisoning.
That’s the fun part of traveling, and yes, you have to stick to a budget. Museum entrance fees, tours, ziplines, surfing lessons, concerts and tours all need to be included in your budget. So how?
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