South America, a continent rich in history, culture, and breathtaking landscapes, offers a myriad of affordable travel destinations for budget-conscious adventurers. Whether you’re a backpacker seeking adventure or a traveller looking to stretch your dollar, these 12 cheap countries in South America are perfect for exploring the wonders of South America without breaking the bank.
Bolivia
Cost to stay in hostel: $4-$15
Hotel Stay: $30
Street Food: $1-$2
Average cost of Restaurant: $5-$10
Travellers will find a plethora of affordable attractions here. Accommodations in budget hostels can cost as low as $4 per night, making it an excellent destination for backpackers. In the vibrant city of La Paz, visitors can explore the bustling markets of the Witches’ Market, where traditional herbs, coca leaves, and ritualistic items are sold. Additionally, the Valley of the Moon, located just outside La Paz, presents a surreal and moon-like landscape of eroded clay and rock formations.
The unmissable highlight of Bolivia is the Uyuni Salt Flats, the largest salt flat in the world. Opting for a 3-day salt flats tour, which includes transportation, accommodation, and meals, is a popular and cost-effective way to explore this awe-inspiring natural wonder. As you journey through the seemingly endless white expanse, you’ll encounter striking colored lagoons, geysers, and unique rock formations.
For history enthusiasts, a visit to Sucre, Bolivia’s constitutional capital, is a must. This charming city boasts well-preserved colonial architecture, and visitors can explore historic buildings like the Casa de la Libertad, where Bolivia’s independence was proclaimed. Budget travellers will find Bolivia to be an enriching and affordable destination, offering a blend of natural wonders and cultural gems.
Peru
Cost To Stay In Hostel: $15 per night
Hotel Stay: $20 – $50 per night
Street Food: $1 – $3
Average Cost of Restaurant: $5 – $20
Peru is a country of contrasts, boasting a rich tapestry of history, stunning landscapes, and diverse cultures. While Machu Picchu is undoubtedly the most famous attraction, budget travellers can explore much more of Peru’s wonders. Hostel accommodations can be found for as low as $20 per night, providing a comfortable and affordable base for exploration.
In the ancient city of Cusco, once the heart of the Inca Empire, travellers can wander through cobblestone streets and soak in the blend of Inca and Spanish colonial architecture. For those seeking adventure, the Sacred Valley offers a plethora of activities, including hiking, zip-lining, and exploring Inca ruins, all at budget-friendly prices.
Another budget-friendly destination is Arequipa, known as the “White City” due to its beautiful colonial buildings made from volcanic sillar stone. Visitors can stroll through the charming historic centre, a UNESCO World Heritage site, and explore the Santa Catalina Monastery, a city within a city. Nature enthusiasts will be captivated by the Colca Canyon, one of the world’s deepest canyons, where budget-friendly tours and treks offer breathtaking views and the chance to spot the majestic Andean condor.
For a unique experience, travellers can head to the enigmatic Nazca Lines, enormous geoglyphs etched into the desert floor. While flights over the Nazca Lines can be a bit more expensive, it is well worth the cost to witness these ancient symbols from above and marvel at their mysterious origins.
Peru is definitely one of the best cheap countries to visit in South America.
Ecuador
Cost to stay in hostel: $4 – $10 per night
Hotel Stay: $10 – 20 per night
Street food: $1 -$2
Average Cost of Restaurant: $5 – $20
Referred to as “four worlds in one,” encompasses the Amazon rainforest, the Andes mountains, the Pacific coastline, and the Galápagos Islands. For budget travellers, Ecuador provides an affordable and diverse travel experience.
The Galápagos Islands, a UNESCO World Heritage site, is a major draw for visitors to Ecuador. While visiting the Galápagos can be more expensive due to park fees and island-hopping tours, budget-conscious travellers can still experience the unique wildlife and pristine landscapes by choosing day trips to nearby islands. San Cristobal and Santa Cruz are more budget-friendly islands with plenty of opportunities for snorkeling, hiking, and wildlife spotting.
On the mainland, the capital city of Quito offers a mix of colonial charm and modern city life. The historic center, a UNESCO World Heritage site, is a treasure trove of well-preserved buildings, churches, and plazas. A visit to the Equator line, just north of Quito, is a fun and budget-friendly experience, where visitors can straddle both hemispheres and learn about the science and culture of the Equator.
Nature enthusiasts will find paradise in Banos, a town nestled in the Andes, surrounded by waterfalls, hot springs, and volcanoes. Adventurers can go trekking, mountain biking, or even swing over the edge of a canyon at the famous “Swing at the End of the World.”
Ecuador offers a diverse range of experiences for travellers on a budget, from the incredible wildlife of the Galápagos to the stunning landscapes of the Andes and beyond.
Colombia
Cost to Stay In Hostel: $20 – $30 per night
Hotel Stay: $44 per night
Street food: $5
Average Cost of Restaurant: $30
Colombia, once associated with a turbulent past, has emerged as one of South America’s hottest travel destinations. Offering a mix of colonial charm, stunning natural landscapes, and vibrant culture, Colombia has something for every budget traveller. Hostel accommodations across the country range from $20 to $30 per night, making it an affordable choice for backpackers and explorers.
The colonial gem of Cartagena, with its cobblestone streets, colorful facades, and flower-filled balconies, is a photographer’s paradise. Budget travellers can spend hours wandering through the city’s historic center, visiting charming squares like Plaza Santo Domingo and Plaza San Diego, and taking in the Caribbean atmosphere.
Nature enthusiasts will be enchanted by the Cocora Valley, near the town of Salento, where Colombia’s iconic wax palms soar to the sky. Hiking in the Cocora Valley is a budget-friendly adventure, offering breathtaking vistas and encounters with the local flora and fauna.
For a more urban experience, Medellin, the “City of Eternal Spring,” is a cultural hub with a fascinating transformation story. Budget travellers can take advantage of the city’s efficient metro system, which connects various neighborhoods and offers stunning views of the city and surrounding mountains. Exploring the neighborhood of Comuna 13, once notorious for its violence but now a thriving community with vibrant street art, is a budget-friendly way to understand the city’s transformation.
For those seeking unique experiences, a visit to the Tatacoa Desert is a must. This otherworldly landscape of eroded red and gray canyons, coupled with stargazing opportunities, provides a budget-friendly escape into a surreal world.
Colombia, with its warm and welcoming people, offers a delightful mix of history, culture, and natural wonders for travellers on a budget.
Paraguay
Cost to stay in hostel: $5 per night
Hotel Stay: $20 per night
Street food: $1 – $3
Average Cost of Restaurant: $5-$10
The country is characterized by its lush landscapes, colonial heritage, and unique Guarani culture. Accommodations in Paraguay can be secured for around $25 per night, making it an affordable destination.
The capital city of Asunción showcases Paraguay’s cultural heritage with its mix of colonial architecture and modern buildings. Travelers can explore the Panteón Nacional de los Héroes, a grand monument honoring Paraguay’s heroes, and the historic Casa de la Independencia, where the country’s independence was declared. For a more contemporary experience, the Loma San Jerónimo neighborhood boasts vibrant street art, reflecting the city’s artistic spirit.
Nature lovers can visit the Ybycuí National Park, a lush haven of waterfalls, diverse fauna, and flora. Hiking through the park’s trails and swimming in its pristine pools offer a peaceful and budget-friendly escape into nature.
Exploring the Jesuit Missions is a unique experience that takes travellers back in time. These well-preserved UNESCO World Heritage sites offer insight into the region’s colonial past and architectural wonders, making it a must-visit for history enthusiasts.
Paraguay, with its tranquil beauty and authentic cultural experiences, provides a budget-friendly escape off the beaten path.
Suriname
Cost to stay in hostel: $7 per night
Hotel stay: $25 per night
Street food: $0.25 – $1
Average cost of restaurant: $5-$20
Suriname, a lesser-known destination in South America, offers an authentic experience with a diverse mix of cultures and landscapes. As a budget-friendly country, Suriname provides affordable options for accommodations, with hostel prices averaging around $30 per night.
The lively capital city of Paramaribo is a melting pot of cultures, featuring Dutch, Creole, Indian, and Javanese influences. Travelers can explore the bustling Central Market, where colourful fruits, spices, and handicrafts are sold, and visit historical landmarks like Fort Zeelandia and the Presidential Palace. For a cultural immersion, a visit to the Saint Peter and Paul Cathedral, built entirely of wood in an intriguing combination of European and African styles, is a unique experience.
Nature enthusiasts will be captivated by Brownsberg Nature Park, a tropical rainforest reserve with pristine waterfalls, abundant wildlife, and breathtaking viewpoints overlooking the Brokopondo Reservoir. Budget travellers can take guided tours or hike through the park’s trails to immerse themselves in Suriname’s lush wilderness.
For an extraordinary experience, travelers can venture to the remote Galibi Nature Reserve, where endangered sea turtles lay their eggs on the beaches. Witnessing this natural spectacle, while ensuring minimal impact on the delicate ecosystem, is a memorable and affordable adventure.
Suriname, with its cultural diversity and untouched landscapes, offers a budget-friendly escape for those seeking an authentic experience in South America.
Guayana
Cost to stay in Hostel: $10 per night
Hotel Stay: $30 per night
Street Food: $0.50
Average cost at restaurant: $2-$5
The only English-speaking country in South America, is a destination less frequented by tourists, making it a budget-friendly choice for adventurous travellers. Budget accommodations in Guyana can be found for around $30 per night, providing comfort and affordability.
The Kaieteur Falls, one of the world’s most powerful waterfalls, is a major highlight for nature enthusiasts visiting Guyana. Budget travellers can join affordable tours to witness the breathtaking sight of the falls plunging into the gorge below, surrounded by pristine rainforest.
For an off-the-beaten-path adventure, the interior of Guyana offers an authentic experience with Amerindian communities and untouched wilderness. Exploring the Rupununi Savannahs, home to diverse wildlife and traditional ranches, is a unique and budget-friendly experience.
Visiting the Iwokrama Forest, a vast wilderness conservation area, provides an opportunity to encounter diverse bird species, primates, and other wildlife. Budget travellers can explore the forest through guided tours or self-guided hikes to gain a deeper appreciation for Guyana’s natural wonders.
Guyana, with its untouched beauty and rich cultural experiences, presents a budget-friendly escape into the heart of South America.
Venezuela
Cost to stay in Hostel: $10 per night
Hotel Stay: $20 per night
Street Food: $0.50
Average cost at Restaurant: $5-$20
Once known for its stunning landscapes and natural beauty, has faced challenges in recent years. However, for budget-conscious travellers willing to venture off the beaten path, Venezuela still offers an array of affordable attractions. Hostel prices range from $15 to $30 per night, making it a cost-effective destination.
The crown jewel of Venezuela is Angel Falls, the world’s tallest uninterrupted waterfall. Budget travellers can embark on a multi-day adventure through the Canaima National Park to witness this awe-inspiring natural wonder, surrounded by lush rainforest and unique tepuis (tabletop mountains).
For an urban experience, the Andean city of Mérida offers a blend of colonial charm and vibrant student life. Budget travellers can explore the city’s historical sites, visit the Universidad de Los Andes, and take a budget-friendly cable car ride up to Pico Espejo for stunning views of the Andes.
Relaxing on the beautiful beaches of Los Roques, an archipelago in the Caribbean Sea, is another budget-friendly escape, offering white sand beaches and crystal-clear waters for snorkeling and swimming.
Despite its challenges, Venezuela’s natural wonders and cultural experiences remain accessible for budget travellers seeking an off-the-beaten-path adventure in South America.
Argentina
Cost to stay in Hostel: $10-$20 per night
Hotel Stay: $30-$50 per night
Street Food: $0.50-$2
Average cost at Restaurant: $10
Famous for its tango, soccer, and stunning landscapes, offers both expensive and affordable options for travellers. While Buenos Aires can be relatively pricey, there are budget-friendly alternatives throughout the country. Hostel prices in Argentina average around $25 per night.
The bustling capital city of Buenos Aires boasts a mix of architectural styles, from neoclassical facades to modern skyscrapers. Budget travellers can explore the historic neighborhoods of San Telmo and La Boca, famous for their vibrant street art and colourful buildings. Additionally, the Recoleta Cemetery, a final resting place for many prominent Argentines, offers a unique cultural experience without any cost.
For nature enthusiasts, the Iguazu Falls, shared with Brazil, is an unmissable destination. Budget travellers can explore the falls from the Argentine side, where walkways and viewpoints provide breathtaking views of the cascades and surrounding rainforest.
Exploring the Argentine Patagonia offers a wealth of budget-friendly outdoor activities. Hiking in the Los Glaciares National Park, home to the famous Perito Moreno Glacier, allows travellers to witness the awe-inspiring ice formations without breaking the bank.
For a taste of the gaucho lifestyle, visiting the Pampas region offers a glimpse into Argentina’s cowboy culture. Budget-friendly estancias (ranches) welcome travellers with traditional Argentine barbecue and horseback riding experiences.
Argentina’s diverse landscapes, vibrant cities, and cultural experiences provide an unforgettable journey for budget-conscious travellers.
Uruguay
Cost to stay in Hostel: $10 per night
Hotel Stay: $35-$50 per night
Street Food: $1-$5
Average cost at Restaurant: $10-$40
Offers a laid-back and budget-friendly travel experience. Hostel accommodations can be found for around $30 per night, providing comfort without breaking the bank.
The capital city of Montevideo, a blend of colonial architecture and modernity, offers a variety of free or low-cost attractions. Budget travellers can stroll along the Rambla, a coastal promenade that stretches for miles, offering views of the Rio de la Plata and opportunities for picnics and relaxation.
The trendy beach town of Punta del Este, known for its pristine beaches and vibrant nightlife, can also be enjoyed on a budget. Travelers can relax on public beaches, such as Playa Brava and Playa Mansa, and explore the city’s iconic sculptures, including the famous “La Mano” sculpture rising from the sand.
For a glimpse into Uruguay’s colonial past, the historic town of Colonia del Sacramento is a UNESCO World Heritage site worth exploring. Budget travellers can wander through its cobbled streets, visit the picturesque Plaza Mayor, and enjoy panoramic views from the Lighthouse.
Uruguay’s tranquil beaches, historic charm, and welcoming culture make it an ideal budget-friendly destination for those seeking a relaxed and authentic experience in South America.
Chile
Cost to stay in Hostel: $10-$15 per night
Hotel Stay: $30-$50 per night
Street Food: $1-$2
Average cost at Restaurant: $10-$20
Experience breathtaking landscapes ranging from the Atacama Desert to the Patagonian fjords. While some areas of Chile can be more expensive, careful planning can still make it a budget-friendly destination. Hostel prices in Chile average around $30 per night.
In the north, the Atacama Desert presents an otherworldly landscape of salt flats, geysers, and lunar-like valleys. Budget travellers can join group tours to explore these unique formations and witness unforgettable sunrises and sunsets over the desert.
The colourful city of Valparaíso, with its hills covered in vibrant street art, offers a budget-friendly urban experience. Visitors can explore the city on foot or take the iconic ascensores (funiculars) for panoramic views of the bay and surrounding neighborhoods.
For nature enthusiasts, a visit to the Torres del Paine National Park in Patagonia is a must. While park entrance fees can be a significant expense, budget travellers can opt for self-guided treks or budget-friendly group tours to witness the park’s striking granite peaks, turquoise lakes, and unique wildlife.
In Santiago, the capital city, budget travellers can explore the historic centre, visit the Plaza de Armas, and hike up the Cerro San Cristóbal for panoramic views of the city without spending a fortune.
Chile’s diverse landscapes and stunning natural wonders offer a budget-friendly adventure for travellers seeking a taste of both urban and outdoor experiences.
Brazil
Cost to stay in Hostel: $10-$14 per night
Hotel Stay: $20-$30 per night
Street Food: $0.20-$1
Average cost at restaurant: $6-$10
The largest country in South America, offers a diverse mix of cultural experiences, pristine beaches, and lush rainforests. While some areas of Brazil can be pricey, budget travellers can still find affordable options throughout the country. Hostel prices in Brazil average around $25 per night.
The vibrant city of Rio de Janeiro is famous for its iconic Christ the Redeemer statue and Copacabana Beach. Budget travellers can hike up to the Christ statue for panoramic views of the city and explore the beach without any cost.
Exploring the Amazon rainforest is an unparalleled experience, and budget travellers can embark on budget-friendly jungle tours to spot wildlife and immerse themselves in the dense jungle surroundings.
For beach lovers, the coastal town of Paraty, with its cobblestone streets and colonial charm, offers budget-friendly accommodation options and boat tours to nearby islands and secluded beaches.
The stunning waterfalls of Foz do Iguaçu, shared with Argentina and Paraguay, are another unmissable destination in Brazil. Budget travellers can explore the falls from the Brazilian side, where walkways provide breathtaking views of the cascades and surrounding rainforest.
For a taste of Brazilian culture, attending a free street party during Carnival in cities like Salvador or Recife is a budget-friendly way to experience the country’s vibrant music, dance, and festivities.
Brazil’s diversity, cultural richness, and natural wonders offer a budget-friendly escape into the heart of South America.
In conclusion, South America offers a wealth of budget-friendly destinations for travelers seeking adventure, cultural experiences, and stunning natural beauty without breaking the bank. From the surreal landscapes of Bolivia’s Uyuni Salt Flats and Peru’s Nazca Lines to the untouched beauty of Guyana’s Kaieteur Falls and Suriname’s Brownsberg Nature Park, these 15 countries promise an unforgettable journey for those seeking to explore the wonders of South America on a budget. With affordable accommodations, mouthwatering cuisine, and a wide range of experiences, these countries are waiting to be discovered by budget-conscious adventurers from around the world.
Frequently Asked Questions
What is the cheapest country in South America?
Bolivia is probably one of the best cheap countries in South America, with a cost of living that is approximately 50% lower than the rest of the continent. Accommodation can be found really cheap at just $5 per night in hostels while food and eating out can also cost $5-$10.
If you are looking to get around Bolivia, you can get around from $0.50. Plus there is so much stuff that you can do and see in Bolivia for free or cheap which if you are on a budget makes this the most cheap country in South America.
What is the safest country to live in South America?
Uruguay is the safest country to live in according to the Global Peace Index at a score of 1.226 and being ranked 38th out of 163 countries in the world.
The South American country has the lowest crime rate, well developed infrastructure and a stable government.
If you are looking for a safe country to live and work in South America, then Uruguay is the place for you.