I Spent $34,563.38 Traveling for 18 Months: My Budget Breakdown


In 2022 I quit my job to fulfill my long-time dream of traveling the world Full time for a year and a half. My trip through 12 countries in Asia and six in South America cost exactly $34,563.38.

I I stayed very specific about one thing From start to finish: I tracked every penny I spent, from a $600 flight to a 50-cent trip to the bathroom.

I spent an average of about $1,920 per month, which is about my typical monthly living budget thrifty in LA and previously in NYC. To make ends meet and save money for travel, I rented in uncool neighborhoods and lived in close quarters with roommates for five years. I ate out a few times a week and only made coffee at home unless I was working at a cafe.

Here’s everything I did during my 18 months in South America and Asia, broken down by category.

Pre-trip supplies: $531 or about 1.5% of budget

This category includes the survival supplies I stocked up on before the trip, such as a suitcase, packing cubes, cargo pants, hiking boots, and water shoes.

In hindsight, I should have focused on packing items that aren’t easily found elsewhere, like my favorite brand of mosquito repellent, rather than items I could easily purchase abroad. For example, I regretted that I was burdened with the weight of too many clothes that I had to lug around the world in cars and planes.

Siem Reap, Cambodia

Helen Zhao

Accommodation: $10,635.06 or about 31% of budget

I could have spent just $5 to $15 on a bed in a hostel, but at the end of a long day of exploring, I longed for the comfort of my own accommodation. On average, I spent $20 to $25 a night for my own room in a comfortable mid-range hotel, usually with breakfast included.

Stays that I found to be great at this price were included Chandi Hotel in Bali, Indonesia; Hoianian Central Villa in Hoi An, Vietnam; And S2 Residence in Krabi, Thailand.

There were also outliers. For example, I only paid $9 per night for one Similar quality hotel just a block from the beachin Da Nang, Vietnam.

Hotels of similar quality cost around $50 to $100 per night in the major hubs of Brazil, China, Korea, Japan and Singapore. Luckily, my mother or husband accompanied me to all of these places except Brazil and we split the bill.

Transportation: $8,074.67 or about 23% of budget

Flights: $4,885.14

Ground transport: $3,189.53

I took 40 flights during my trip, in economy class with checked luggage. There were plenty of options to take a night bus for a quarter to half the price. But I hated the idea of ​​sleeping on the bus, using bus toilets, or driving through narrow, winding streets in the dark.

Flights within countries typically cost between $50 and $100, but flights through very large countries like China or Brazil are twice as expensive. Flights between neighboring countries cost me $100 to $200. Flights between non-adjacent countries cost me between $100 and $300. The furthest I traveled was from Osaka, Japan to Kuala Lumpur, Malaysia and cost me $140.28.

I also used about 200,000 credit card miles to cover some of my flights.

When I wasn’t flying, I took buses, vans or bullet trains. Three to seven hour bus and van rides cost me $10 to $20. The roughly 860-mile bullet train from Xian to Shanghai, China cost me $94. A two-week unlimited bullet train ticket in Japan cost me $224.

I used a lot of rideshare services, which often only cost $1 or $2 for a two or three mile motorcycle ride.

With her mother in the Vietnamese countryside.

Courtesy of Helen Zhao

Food and Drink: $7,078.36 or about 20.5% of budget

Coffee: $411.05

Alcohol: $557.95

Everything else: $6,109.36

Aside from a few salads I made in Japan, I never prepared my own food. Half of the time, breakfast was included at my hotel. Otherwise, I mostly ate in charming or trendy middle-class restaurants and lively night markets.

My favorite excursion destinations included Temple Coffee in Phnom Penh, Cambodia and Milu from Nook in Bali. I usually paid $7 to $10 for an appetizer and a soft drink. Meals at simple establishments or night markets where many locals eat usually cost me $2.50 to $6. Night market treats cost around $1 per serving.

I tried enjoy your meal a few times and only paid $12 for lunch and $22 for dinner for exquisite multi-course meals in Bolivia.

I often ordered fancy lattes for around $2 at trendy cafes. I was surprised to learn that my iced coffee consumption only added up to $411 in 18 months.

I drank alcohol about once a week, paying about $5 at mid-range restaurants and bars and $10 to $12 at high-end establishments.

Viewings: $2,567.24 or about 7.5% of budget

Patagonia

Courtesy of Helen Zhao

Healthcare: $1,988.54 or about 6% of budget

I spent $1,263.72 on it Travel health insurancewhich would cover costs of up to $100,000 in the event of an accident or illness. This insurance came in handy when I had a case of food poisoning and a very bad case of Covid.

I paid $563 for travel vaccinations, including yellow fever, typhoid, hepatitis A and Japanese encephalitis. According to my research, the latter would have cost $400 to $500 in the US, but in Bangkok I only paid $58.

After losing my retainers in Vietnam, I had them remade in Korea for about $150.

Discretionary shopping: $1,927.01 or about 5.5% of budget

Clothing: $1,048.24

Souvenirs: $216.86

Gifts: $661.91

Most of the time I shopped at small boutiques or street vendors where there are no price tags and it’s all about bargaining. To avoid paying too much, I held off on purchasing, realizing that the competition was often on my side.

I asked several providers about prices. This process helped me find the lowest acceptable price or the last price I was offered before the vendors let me go.

That’s how I knew I would get a good deal on custom-made Vietnamese silk dresses in Hoi An. After asking around, I ended up paying $34 per dress and left Vietnam with $14.

Sometimes I would buy things locally if I thought the price seemed very reasonable. I didn’t mind if the seller made a few dollars more because I still felt like it was a great deal and the money would mean more to him than it did to me.

Rio de Janeiro, Brazil

Helen Zhao

Visa: $847.54 or about 2.5% of budget

For the most part, as an American citizen, I didn’t need a visa and didn’t pay for the visas upon arrival. These usually cost around $30 to $40.

However, there were outliers. The China visa cost me $205 in application and printing fees and the Bolivia visa cost $160. I was surprised to learn of this requirement two hours before we reached the border from Peru and scrambled to gather the necessary documents before arriving.

Personal Care: $745.57 or about 2% of budget

I have occasionally treated myself to luxury items that I almost never spend money on in the US because I often feel like I can’t justify the cost. I got gel manicures for about $15 and massages for $5 to $10. I took yoga and meditation classes at beautiful facilities in Bali that cost $10 each. Haircuts cost about $8. I also regularly stocked up on toiletries, sunscreen and mosquito repellent.

Tokyo

Courtesy of Helen Zhao

Entertainment: $168.40 or about 0.5% of budget

This includes fun activities for the purpose of escapism that are not considered sightseeing or cultural experiences. This includes entrance fees to the few nightclubs I visited, arcade games, a Spotify music subscription, and shisha with friends.

I’m surprised at how little I’ve actually spent on escapism. You can party very cheaply with other tourists in Southeast Asia and South America, especially if you stay in hostels. In my early to mid 20s I would have jumped at the opportunity, but in my early 30s I didn’t feel drawn to it.

The most important thing I got for my $35,000: “It reminded me how rich I am.”

I lived extremely comfortably abroad on about $1,920 a month – more than the average backpacker I met. I never cooked for myself, regularly ordered iced coffee, and treated myself to 14 custom-made silk dresses in a week.

I became very jaded living in expensive American coastal cities and felt like I could never make it afford a house or children and constantly compare myself to people who have more than me. I felt poor, like I never had enough and would never do enough.

Track my expenses showed me that I have enormous purchasing power in most parts of the world. I am not a helpless victim of inflation and the rising cost of living in the United States. In fact, I am extremely privileged and lucky.

The experience helped me move from a scarcity and helplessness mentality to one of scarcity and helplessness one of abundance and gratitude. It reminded me how rich I am and how much I have to be grateful for. It helped me realize that I have – and have – more than enough.

Helen Zhao is a former video producer and writer at CNBC. Before joining CNBC as a news contributor, she covered residential real estate for the LA Business Journal. She is a California native and a proud USC Trojan and UCLA Bruin.

Would you like to earn extra money alongside your job? Enroll in CNBC’s online course How to earn passive income online to learn more about common passive income sources, tips for getting started, and real-life success stories.

We purchased an oceanfront home in Laguna Beach, California for $212,000



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