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In 2022 I quit my job to pursue my lifelong dream of traveling the world full time for a year and a half. My trip through 12 countries in Asia and six countries in South America cost exactly $34,563.38.
i remained meticulous about one thing from start to finish: I tracked every penny I spent, from a $600 flight to a 50-cent bathroom trip.
I spent an average of about $1,920 per month, which is in line with my normal monthly budget sparingly in Los Angeles and previously in New York. In order to make ends meet and save for the trip, I rented housing in non-cold areas of the city and lived with roommates in small rooms for five years. I ate out a couple of times a week and only made coffee at home when I wasn’t working at a cafe.
Here’s everything I spent 18 months in South America and Asia, broken down by category.
This category includes survival essentials that I stock up on before the trip, such as a suitcase, packing cubes, cargo pants, hiking boots, and water shoes.
In retrospect, I should have focused on packing things that are hard to find elsewhere, like my favorite brand of mosquito repellent, instead of things that I could easily purchase overseas. I, for one, regretted being weighed down by the dead weight of too many clothes that I had to lug around the world in cars and planes.
I could spend $5 to $15 on a dorm bed, but I craved the comfort of my own space at the end of a long day of studying. On average, I spent between $20 and $25 a night for my own room in a comfortable, mid-range hotel, usually with breakfast.
Accommodation, which I thought was excellent for the price, is included Hotel Chandi in Bali, Indonesia; Central Villa Khaianyan in Hoi An, Vietnam; and Residence S2 in Krabi, Thailand.
There were exceptions. For example, I paid only $9 a night for a hotel of similar quality a block from the beachin Da Nang, Vietnam.
Hotels of similar quality cost between $50 and $100 per night in major centers in Brazil, China, Korea, Japan and Singapore. Luckily my mom or husband joined me in all of these places except Brazil and we split the bill.
Flights: US$4,885.14
Ground transport: 3189.53 USD
During my trip, I took 40 flights in economy class with checked baggage. There were many opportunities to catch a night bus for a quarter to half the price. But I hated the idea of sleeping on the bus, using the bus toilets, or driving in the dark on narrow winding roads.
Domestic flights typically cost between $50 and $100, and double that to very large countries like China or Brazil. Flights between neighboring countries cost me from 100 to 200 dollars. Flights between non-neighboring countries cost me from 100 to 300 dollars. The farthest distance I traveled was from Osaka, Japan to Kuala Lumpur, Malaysia and it 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 was taking buses, vans or high-speed trains. Bus and minibus trips of three to seven hours cost me between $10 and $20. A short-term train about 860 miles from Xi’an to Shanghai in China cost me $94. A two-week unlimited bullet train ticket in Japan cost me $224.
I’ve used a lot of ride sharing services that often cost as little as $1 or $2 for two or three miles on a motorcycle.
Coffee: 411.05 USD
Alcohol: US$557.95
Everything else: US$6,109.36
Other than a few salads I made in Japan, I’ve never cooked for myself. Half the time breakfast was included at my hotel. Otherwise, I usually ate at charming or trendy mid-range restaurants, as well as busy night markets.
My favorite places are included Temple Coffee in Phnom Penh, Cambodia, and A mile from Nook in Bali. I usually paid between $7 and $10 for an appetizer and a soft drink. A meal at simple places or night markets where many locals eat usually costs me between $2.50 and $6. Sweets at the night market cost around $1 per serving.
i tried fine dining a couple of times, paying just $12 for lunch and $22 for dinner for gourmet multi-course meals in Bolivia.
I often ordered fancy lattes from trendy cafes for around $2. I was surprised to learn that my iced latte habit only netted me $411 in 18 months.
I drank alcohol about once a week, paying about $5 in mid-range restaurants and bars and $10 to $12 in the more upscale places.
I spent $1263.72 on traveller’s health insurancewhich would cover up to $100,000 in expenses in the event of an accident or illness. This insurance came in handy when I had one case of food poisoning and one very bad case of Covid.
I paid $563 for travel vaccines, including yellow fever, typhoid, hepatitis A, and Japanese encephalitis. The latter would cost between $400 and $500 in the US, according to my research, but I paid as little as $58 in Bangkok.
After I lost my retainers in Vietnam, I had them redone in Korea for about $150.
Clothes: 1048.24 US dollars
Souvenirs: $216.86
gifts: $661.91
I mostly shopped at run-of-the-mill boutiques or street vendors where there are no price tags and it’s all about the trade. In order not to overpay, I immediately postponed purchases and remembered that the competition was often on my side.
I asked several sellers about prices. This process helped me figure out the lowest acceptable bid or the last price I was offered before the sellers let me walk away.
That’s how I know I’m getting a good deal on custom made Vietnamese silk dresses in Hoi An. After inquiring, I paid $34 for the dress and left Vietnam on the 14th.
Sometimes I bought things locally when I thought the price seemed very reasonable. I didn’t mind if the seller made a few extra dollars because I still felt like it was really good and the money would mean more to them than to me.
For the most part, as an American citizen, I did not need a visa and did not pay for visas on arrival. They usually cost between $30 and $40.
However, there were exceptions. The China visa cost me $205 to apply and print and the Bolivia visa cost $160. I was surprised to find out about this requirement two hours before we reached the border with Peru and tried to collect the necessary documents before arrival.
From time to time I have indulged in luxuries that I almost never spend money on in the US, where I often feel like I can’t justify the cost. I was getting a gel manicure for about $15 and a massage for $5 to $10. I took yoga and meditation classes at great facilities in Bali that cost $10 each. A hairstyle costs about 8 dollars. I also regularly stocked up on toiletries, sunscreen, and mosquito repellent.
This includes recreational activities for the sake of escapism that do not count as sightseeing or cultural experiences. This includes entrance fees to several nightclubs I visited, arcade games, a Spotify music subscription, and shisha with friends.
I’m surprised at how little I actually spent on escapism. With other tourists in Southeast Asia and South America, you can party very cheaply, especially in hostels. When I was in my early to mid 20’s I would have jumped at the chance, but in my 30’s I wasn’t drawn to it.
I lived extremely comfortably abroad, on about $1,920 a month—more than the average traveler I met. I never cooked for myself, regularly ordered fancy iced lattes and splurged on 14 bespoke silk dresses in a week.
I’m so tired of living in expensive coastal American cities, feeling like I’ll never be able to afford a house or children and constantly comparing myself to people who have more than me. I felt poor, like I never had enough and never did enough.
Tracking my expenses showed me that I have enormous purchasing power in most countries of the world. I am not a helpless victim of inflation and the skyrocketing cost of living in the US. In fact, I am extremely privileged and lucky.
This experience helped me move from a lack and helplessness mentality to one of abundance and gratitude. It reminded me how rich I am and what I have to be thankful for. It helped me realize that I have – and have – more than enough.
Helen Zhao is a former video producer and contributor for CNBC. Before joining CNBC as a news contributor, she covered residential real estate for the LA Business Journal. She is a California native and proud USC and UCLA Bruin.
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