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.
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 “budget” meals per day.
-Three cheap, local beers each day as an “entertainment fund.” 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."
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Price of Travel. (January 6, 2025). Most affordable cities for backpacking in Latin America for 2025, by daily price index (in U.S. dollars) [Graph]. In Statista. Retrieved June 09, 2025, from https://www.statista.com/statistics/801216/most-affordable-cities-backpacking-latam/
Price of Travel. "Most affordable cities for backpacking in Latin America for 2025, by daily price index (in U.S. dollars)." Chart. January 6, 2025. Statista. Accessed June 09, 2025. https://www.statista.com/statistics/801216/most-affordable-cities-backpacking-latam/
Price of Travel. (2025). Most affordable cities for backpacking in Latin America for 2025, by daily price index (in U.S. dollars). Statista. Statista Inc.. Accessed: June 09, 2025. https://www.statista.com/statistics/801216/most-affordable-cities-backpacking-latam/
Price of Travel. "Most Affordable Cities for Backpacking in Latin America for 2025, by Daily Price Index (in U.S. Dollars)." Statista, Statista Inc., 6 Jan 2025, https://www.statista.com/statistics/801216/most-affordable-cities-backpacking-latam/
Price of Travel, Most affordable cities for backpacking in Latin America for 2025, by daily price index (in U.S. dollars) Statista, https://www.statista.com/statistics/801216/most-affordable-cities-backpacking-latam/ (last visited June 09, 2025)
Most affordable cities for backpacking in Latin America for 2025, by daily price index (in U.S. dollars) [Graph], Price of Travel, January 6, 2025. [Online]. Available: https://www.statista.com/statistics/801216/most-affordable-cities-backpacking-latam/
