Category Archives: Finances
Exchange Rate: $1=approximately 12 Mexican pesos
Total Money Spent: $1387
Total Days: 9
Per Person Per Day: $77
Wow! Obviously, that’s quite a lot compared to our previous travel budgets! However, this was our honeymoon, so we spent a lot more willingly then we did when we were penniless backpackers without jobs!
Transportation is almost all gas, since we were driving. Gas costs about $3.80 per gallon in Baja right now. The roads are so curvy and hilly that you don’t get very good gas mileage though.
We also had only one free place to stay on this trip. If we had had more time to plan, I would’ve tried harder to book hostel reviews or find Couchsurfing hosts, but we just didn’t have the time, what with planning a wedding and all! Our Cabo hotel we found on Living Social, and it was a great deal. Other places we managed to find campsites or hotel rooms for $15-30.
You can definitely do Baja cheaper, if you take buses and camp and don’t go out as much. We had a great honeymoon and feel pretty content with the bang we got for our buck.
Toledo, Ohio to San Diego, California
Grand Total: $669.76
We didn’t exactly live like paupers during this road trip. We Couchsurfed everywhere of course, but we also splurged on quite a few meals out and quite a few brewery stops in Colorado. It was a mini vacation! Still, I think the fact that we spent so little proves something…
A big announcement today, everyone! Since we are back in the US now, working real jobs again (boo) and editing the documentary, we don’t have as much to post here! Thus, we are looking for current travelers in South or Central America to write hostel reviews for us and keep our directory growing! If you are a good writer (in English), good photographer, and would like to stay in hostels and hotels for FREE, please contact us about an opportunity to write for our website. We will also gladly feature a link to your own personal blog or website on all of your hostel reviews. Again, we are only looking for travelers currently in South or Central America to review hostels in those regions. Leave a comment or email us at laaventuraproject AT gmail DOT com if you are interested in more information about this awesome project!
Total money spent: $354.31
Total days: 17
So, we spent $20.84 per day, or $10.42 per person per day. Basically, we were WAY under our $15 per person per day goal! Woot! El Salvador was our cheapest country yet!
The fact that food was half our budget proves how cheap everything else is, because food is still really cheap! Especially if you eat pupusas.
Buses are also amazingly cheap, although dumpy chicken buses, in El Salvador.
We only paid for one night of lodging the whole time!
El Salvador would also be a great, easy place to travel if you had a car or a motorcycle. Flights through Spirit Airlines are also really cheap, so you should go!
Total Money Spent: $504.66
Total Days Spent: 12
That comes to $42.16 per day or $21.13 per person per day. So we were again over our $15 per person per day budget, but this is because we splurged on a lot more activities than normal when Steve was here, and we bought one super-expensive bus ticket.
Transportation was our biggest expense, but this includes the $70 we spent for a cross-border bus from Nicaragua, through Honduras, and into El Salvador at the end of our time. Take that away and the number would be lower. Local “chicken buses” are really cheap in Nicaragua, around $2 per hour of travel.
Activities were the second-most-expensive category, which is rare for us. But we had a friend traveling with us and wanted to show him lots of adventures. So this included volcano boarding, surfing, and ziplining! All really fun and really worth it!
Lodging was next to nothing again. We only paid for a hostel one night with all the review-writing opportunities we were offered!
Nicaragua’s currency is the Cordoba. $1=23 Cordobas.
Hola chicos!!!! I just realized that although I wrote this awhile ago, I never posted it! Better late than never though! Here are the stats for Panamá!
Days in Panamá: 10
Money Spent: $286.88
That means we spent $28.66 per day, or roughly $14.33 per person per day. So we were just barely under our target budget of $15 per person per day. I’m very proud of us forfinallybeing on budget again after going over in the last few countries. Rock on!!!!
A side note: I didn’t count our passage on Fritz the Cat here, as I consider that to be between countries and it was so expensive it would totally throw the whole skew off.
As you can see, our spending only fell into a few categories in Panamá. Despite how small the country is, buses are not cheap in Panamá. They seem to run about $2+ per hour of travel.
Food is also more expensive than in South America. The cheapest meal we ever had was a $1.50 plate of rice and beans in Las Tablas. In Panamá City and Bocas del Toro, you can expect to pay at least $3.50 for a decent plate of Panamanian food. We did have hostels with kitchens most of the time so we tried to buy groceries and cook a lot to keep costs down.
We didn’t pay for a single place to stay in Panamá! That’s right, our Lodging cost was absolutely ZERO! Yeah hostel reviews and Couchsurfing!
FYI, Panamá’s currency is the US dollar, although instead of just calling them “dolares”, they are also called “Balboas.”
While on the road for extended periods of time, it’s more important than ever to make consistently good economic decisions in order to keep your trip going as long as possible. Here are a few tips and things we have learned in our months living out of our backpacks.
1: Try to find hostels with kitchens and cook at least one meal per day. Sometimes cooking doesn’t save you a whole lot over what you can find for cheap on the streets, but there is a small difference, and it’s usually healthier than the cheapest street food!
2: If you do eat out, try to make it at lunch time. You can usually find “almuerzos” or set lunches that are the cheapest and largest portions. Prices generally go up for dinner time. Also, places with gringo food are ALWAYS more expensive and usually unsatisfying (just never as good as the “real thing” back home)!
3: Stay at hostels that aren’t in the guidebook. Most of the time these places are just as nice as the ones that everyone else is staying in. However, lots of times these spots will do a bit of bargaining as soon as you say something about the price being too high. Tell them that you are “going to look at other places and might come back later” and see how low they will go.
4: Never get in a taxi until the driver tells you the price. We have made this mistake too many times. A simple “Cuanto cuesta?” in advance will save you tons when it’s all added up. Also, always ask a local how much it should cost before even flagging down a cab and then don’t settle until you get the right price.
5: If you have a tent, use it. Camping is super cheap if you can find the places to do it. Look around, sometimes you can find campgrounds with kitchens and everything.
6: Steer clear of international buses. It’s almost always cheaper to take the domestic bus to the border town, taxi across, then pick up another bus on the other side.
7: Wash your clothes in the sink. Laundry services are cheap but they add up over time. Lots of hostels have signs telling you that it’s not allowed but just be sneaky. Wear your jeans in the shower and scrub them there.
8: Drink water and boil it yourself when you get the chance. Soda and beer are expensive. Bring a water bottle on your trip and boil the water in your hostel’s kitchen.
9: Volunteer, especially if you are staying one place for an extended period (over 1 week). There are thousands of volunteering opportunities throughout the continent. Some are completely free, some cost a little. Find something that you enjoy and help people out while getting some help yourself.
10: Couchsurfing is amazing and if you haven’t tried it yet, you are missing out. It’s all over the world and we have never had a bad experience. Even if you don’t need a place to crash, check it out for locals that can show you around new cities.