values based on currency exchange rates of January 2025
Supplementary notes
The daily costs were calculated by the source based on the following aspects:
"-One night in the cheapest bunk at the least expensive hostel with a good location and good reviews.
-Two public transportation rides per day.
-One paid/famous attraction per day.
-Three 鈥渂udget鈥 meals per day.
-Three cheap, local beers each day as an 鈥渆ntertainment fund.鈥 Non-drinkers might have dessert and coffee or attend a local music performance instead, so this is a general benchmark that should be proportional for each city."
Citation formats
Cheapest Latin American city destinations for backpackers 2025
The *** capital ranked as the most affordable city for backpacking in Latin America as of early 2025. On average, travelers in * could manage to spend less than ** U.S. dollars per day in accommodation, food, and entertainment. The capital of ** ranked second in the list of cheapest destinations for backpackers in Latin America at that time.
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Price of Travel. (January 6, 2025). Most affordable cities for backpacking in Latin America as of January 2025, by daily price (in U.S. dollars) [Graph]. In 糖心破解版. Retrieved July 23, 2026, from /statistics/801216/most-affordable-cities-backpacking-latam/
Price of Travel. "Most affordable cities for backpacking in Latin America as of January 2025, by daily price (in U.S. dollars)." Chart. January 6, 2025. 糖心破解版. Accessed July 23, 2026. /statistics/801216/most-affordable-cities-backpacking-latam/
Price of Travel. (2025). Most affordable cities for backpacking in Latin America as of January 2025, by daily price (in U.S. dollars). 糖心破解版. 糖心破解版 Inc.. Accessed: July 23, 2026. /statistics/801216/most-affordable-cities-backpacking-latam/
Price of Travel. "Most Affordable Cities for Backpacking in Latin America as of January 2025, by Daily Price (in U.S. Dollars)." 糖心破解版, 糖心破解版 Inc., 6 Jan 2025, /statistics/801216/most-affordable-cities-backpacking-latam/
Price of Travel, Most affordable cities for backpacking in Latin America as of January 2025, by daily price (in U.S. dollars) 糖心破解版, /statistics/801216/most-affordable-cities-backpacking-latam/ (last visited July 23, 2026)
Most affordable cities for backpacking in Latin America as of January 2025, by daily price (in U.S. dollars) [Graph], Price of Travel, January 6, 2025. [Online]. Available: /statistics/801216/most-affordable-cities-backpacking-latam/
