COSTS + BUDGET

A benchmark to estimate the low-cost travel cost to various cities around the world

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Example Budgets:

 

After travelling and budgeting for an extensive period of time, I realized that the value of single dollar varies significantly depending on where you are, and for the costHere is an approximate budget for all your basic needs all over the world. The base cost of a pack of gum in New York, you can afford a whole dinner in Chiang Mai, Thailand. This benchmark includes a highly rated hostel, food, and transportation. For a realistic total, add estimated costs for Alcohol and Attractions. Personally, $10/day is enough for attractions in most places, as I tend to avoid tourist traps, and take advantage of student prices for museums. Think of theese numbers as a mininum daily budget.

Sushi in Vancouver

New York

Hostel: $35 CAD

Food: $10 Lunch, $18 Dinner

Transportation: $6CAD 

(Subway costs $3)

1 Beer = $7CAD

Base Cost: $69+Tax

$75CAD/Day

Expensive

Kyoto

Hostel: $35 CAD

Food: $8.50 Lunch, $12 Dinner

Transportation: $7 (Subway costs 300¥)

1 Beer = $4CAD (Tipping not customary)

Base Cost:

$62.50CAD/Day

Sushi in Vancouver
Sushi in Vancouver

Shanghai

Hostel: $13 CAD

Food: $5 Lunch, $10 Dinner

Transportation: $2 (Subway costs 3 CNY)

1 Beer = $1CAD (Tipping not customary)

Base Cost:

$30CAD/Day

Cheap

Paris

Hostel: $40 CAD

Food: $8 Lunch, $14 Dinner

Transportation: $5.60 (Subway costs €1.80)

1 Beer = $5CAD *consider cheap wine instead!

Base Cost:

$64.50CAD/Day

Sushi in Vancouver

Expensive

Sushi in Vancouver

Rome

Hostel: $30 CAD

Food: $8 Lunch, $14 Dinner

Transportation: $4

1 Beer = $4CAD *consider cheap wine instead!

Base Cost:

$46CAD/Day

Prague

Hostel: $15 CAD

Food: $5 Lunch, $10 Dinner

Transportation: $3 (Subway costs 24Kč)

1 Beer = $1CAD

Base Cost:

$33CAD/Day

Sushi in Vancouver

Cheap

Sushi in Vancouver

Vancouver

Hostel: $32 CAD

Food: $8 Lunch, $13 Dinner

Transportation: $5.50 (Subway costs $3)

1 Beer = $5.50CAD

Base Cost: $57.50+Tax

$65CAD/Day

Sushi in Vancouver

Venice

Hostel: $55 CAD

Food: $8 Lunch, $16 Dinner

Transportation: $22 (One way Adult Fare =€7,50)

1 Beer = $5.50CAD

Base Cost:

$96CAD/Day

Expensive

Sushi in Vancouver

Dubrovnik

Hostel: $25 CAD

Food: $8 Lunch, $13 Dinner

Transportation: $6 (Subway costs $3)

1 Beer = $5.50CAD

Base Cost:

$59CAD/Day

Santorini

Hostel: $40 CAD

Food: $8 Lunch, $13 Dinner

Transportation: $0

1 Beer = $5.50CAD

Base Cost:

$61CAD/Day

Sushi in Vancouver
Sushi in Vancouver

Toronto

Hostel: $35 CAD

Food: $8 Lunch, $15 Dinner

Transportation: $6.50 (Subway costs $3.25)

1 Beer = $5CAD

Base Cost: $64.50+Tax

$73CAD/Day

Sushi in Vancouver

Budapest

Hostel: $15 CAD

Food: $3 Lunch, $8 Dinner

Transportation: $3.35

1 Beer = $1.50CAD

Base Cost:

$30CAD/Day

Cheap

Sushi in Vancouver

Quebec City

Hostel: $25 CAD

Food: $10 Lunch, $15 Dinner

Transportation: $6 (Subway costs $3)

1 Beer = $4CAD

Base Cost: $56+Tax

$64CAD/Day

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 How to save money on food + Accomodation

               

                Hostelworld is my secret to budget backpacking! I never used any other other marketplace to book for accommodations because I am so satisfied with staying in Hostels and reading the reviews on Hostelworld. I do, occasionally, check the direct site of a hostel once I made a decision to see if the price is cheaper there, but it rarely is. AirBNB and Vrbo are also great platforms to find short-term apartment or room rentals, but since I usually travel alone, I’m looking for that social environment that a hostel provides. Another great resource is Couchsurfing, where you can stay in people’s homes for no charge and learn more about local culture, life, and more. This is the best way to travel while integrating into the community, since hosts will often take out the surfers and show them the city, or chat about life in the city. I used Couchsurfing when I was in Seattle, and I met an awesome host who took us to beautiful little nearby towns that are completely off the traveler's radar, and we would never have discovered those places if it wasn’t for Couchsurfing. The host also made us an amazing Christmas Ham Dinner, and we talked and drove for hours every night because we were having such a great time. Not only is Couchsurfing a great way to save money, but it’s also an even greater way to travel and meet locals and see destinations from their perspectives.

For food, head away from the major tourist spots for some more authentic and cheaper food. In Barcelona, a drink on Las Ramblas is going to be double what you will pay on the next street. The Gelato place right near the Coliseum costs 6 euros, but walk 5 minutes away and enjoy a better gelato for 2 euros. Street food is usually cheap and tasty, especially in Asia! If it’s around lunchtime, always ask if there are lunch specials. In Paris, you can usually find Prix Fix which usually ends up being a great value. Look around, and don’t settle for the first place you find. Look for online recommendations, such as TripAdvisor, or disconnect and feel the vibe of nearby place and choose where to eat based on your senses, like me!

Great external resources

                Hostelworld is the best website to find Hostels, the cheapest type of accommodation, especially great for solo travellers. TripAdvisor is a great place to look for things to do, and restaurant recommendations/reviews. AirBNB is a marketplace for short-term apartment rentals, often cheaper than hotels. CityPass allows you to save money by bundling the most important attractions in cities into one package price. Couchsurfing allows you to meet people and stay in host's homes for free. On the mobile app, 'Hangouts' allows you to meet up with nearby travellers instantly.

Hostelworld
TripAdvisor
AirBNB
CityPass
Couchsurfing

My favorite site for booking hostels, and reading reviews

Select a city, and see the most popular activities 

Rent short-term apartments all over the world

Save money, and bundle attractions by buying a pass

Crash on friendly strangers couches for free