What does one year of traveling around the world cost? [closed]

What does it cost to travel around the world for one year on average? I am not considering the continuous cost you have at home (Insurance, mortgage, etc) and the around the world tickets, since those cost can differ depending on journey, personal situation, and preference.

I know that the question depends on many personal factors, but I just want to know if it is at all possible, or should you have inherited a fortune or won the lottery?

At what figure does it make sense to start planning such a journey?

Best Answer

As you said, the answer depends on many factors, but there are thousands of people on around the world trips right now, you don't need a fortune to do this.

From my own experience, if you assume you pay for all accommodation, transport and food yourself (no couch surfing, hitchhiking) your budget per day could be anywhere from 10 to 40 Euros depending on the country. You can imagine there are huge differences in costs between countries. So without knowing the route, it is hard to say.

Also, travelling with a friend or partner may save money, as in many places you pay the same for a double as for a single room and can also save money when eating out and sharing dishes. On the other hand you may spend much more eating out with your partner than you would eating by yourself.

The more I think about this the harder it is to answer, but I consider an average of 20 Euros a day a minimum if you want to enjoy yourself a bit.

If you hitchhike, couch surf and don't eat out you can get along with much less.

But my number is 20*365 = 7300 Euros minimum plus the plane ticket.

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How much it costs to travel all countries in the world?

QUICK ANSWER: To travel to every country in the world, it would cost you $96,000 if you spent only one day in each country. If you spent 3 days in each country, it would cost you $289,500. If you spent 1 week in each country, it would cost you $675,500 and it would take 3.7 years to finish your round-the-world trip.

How much money do you need for a year of travel?

The minimal budget is around $12,000 for one person if traveling very low budget-style in the cheapest countries. If you add more developed high-income countries, a minimum $25,000 is a good rough estimate.

This Is How Much 1 Year of World Travel Cost Me

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