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Latin America: Budget Travel Guide

14 countriesfrom $‍‌24/day62 cities indexed
11
Countries
in the circuit
$32
Daily avg
budget traveller
45
Days
classic loop
90
Visa-free
days (most passports)

Latin America is the backpacker circuit that never gets old. The continent spans surf towns in Mexico to the salt flats of Bolivia, cloud forests in Ecuador to tango bars in Buenos Aires. The cultural richness is staggering — ancient Inca ruins, colonial cities, Amazonian jungle, and Caribbean coastlines all within a single continent. Budget travellers can do it justice for $30–45 a day if they travel like locals.

Destinations

Countries in Latin America

Data

Country Comparison

CountryFrom/day Hostel from Cities
🇪🇨 Ecuador$‍24$‍84
🇧🇴 Bolivia$‍26$‍74
🇧🇿 Belize$‍27$‍122
🇵🇪 Peru$‍27$‍96
🇳🇮 Nicaragua$‍31$‍103
🇨🇴 Colombia$‍37$‍136
🇲🇽 Mexico$‍39$‍917
🇬🇹 Guatemala$‍44$‍183
🇵🇦 Panama$‍46$‍152
🇨🇷 Costa Rica$‍48$‍133
🇨🇱 Chile$‍52$‍133
🇦🇷 Argentina$‍55$‍135
🇧🇷 Brazil$‍57$‍193
🇺🇾 Uruguay$‍87$‍181

Itineraries

Classic Routes

Gringo Trail

Colombia → Ecuador → Peru → Bolivia

Medellín → Quito → Cusco → La Paz. The most popular South American backpacker route.

$‍35/day avg6–8 weeks

Central America Loop

Mexico → Guatemala → Costa Rica → Panama

Mexico City → Antigua → Manuel Antonio → Panama City. Combines ruins, coffee country, and jungle.

$‍38/day avg4–6 weeks

Southern Cone

Argentina → Chile → Peru

Buenos Aires → Patagonia → Lima. More expensive but unforgettable landscapes.

$‍45/day avg5–7 weeks

Colombia Backpacking Route (21 Days)

Bogota → Medellin → Cartagena → Santa Marta

$‍31/day avg21 days

Central America Backpacking Route backpackr

Mexico City → Oaxaca → San Cristobal de las Casas → Antigua → Lake Atitlan → Caye Caulker

$‍29/day avg28 days

Entry

Visa Snapshot

US / UK / EU / AU
Mexico, Colombia, Peru, Argentina, Chile, Ecuador, Bolivia
Visa-free

90 days in most countries. No advance planning needed.

US / EU
Brazil
Visa-free

Visa-free since 2024. 90 days, extendable once.

All nationalities
Cuba
Tourist card required

$25 USD tourist card. Purchase at airport or embassy.

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