How much does it cost to travel the world?
This common question in the travel blog community is an impossible question to answer. Unless you’ve ordered your trip from a vacation catalog, and even then, there are too many variables. A better question, and one I can answer, is “How little CAN travel cost?”. Ultimately, travel expenses depend on your need for a good night’s rest, your hygiene standards, and your willpower. While you can assume what your needs will be, you won’t really know till you’re there.
To better plan for your trip, you’ll need to set a budget. Your budget will be determined by the amount of time you have. If you know how long you’ll be gone, it’s easier to set a realistic goal. Generally speaking, you can get by in most countries on $50 – $100 per day, per person. If you saved for that, plus flight tickets and gear, you’d be just fine. Its more difficult for extended or open-ended trips. This is our scenario. We’re planning to travel the world until our money runs out. To set our budget we did some research, decided when we wanted to leave, and calculated how much we could save in that amount of time.
In April of 2016, we set our original savings goal at $20,000. A week later, it was $50,000. While we’re not there yet, it looks like we’ll be able to hit that goal. We’re going to document every dollar, euro, dirham, and rupee we spend. Our hope is that by the end of our journey, we’ll be able to show you how little travel can cost. You’ll be able to learn from both our discoveries, and our mistakes. If you’re interested to find out how much we’ve spent so far, please click the link below.