📅 January 27th, 2022 ▶️ Hey guys! It is time for a brand new update on my travel cost Excel sheet. I have recorded a video for you as well to explain everything in detail and show you exactly how I use my Excel sheet to track everything. If you prefer to read up on the facts, check out the updated page below.
Travel Costs
How much does it cost to travel the world? [Updated February 2022]
TL;TR answer:
8,354.51 € per year!
As you might have noticed, I focus this blog on how to travel on a budget. You can read all about it in the How to section, but here it is now time to talk numbers! Being familiar with Microsoft Excel, it was an easy task to create a file that would help me to track all of my expenses in detail. Unfortunately, I haven’t done this from the very beginning. Back in September 2014, I decided to quit my job in London in order to travel full time.
On September 30th, i set foot in St John’s, the capital of Newfoundland and ever since then, I have recorded every single penny I spent on my trip. I would write down any money I spent in a Note file, converting the local currency into Euros. At the end of each day, I just have to transfer the data in my sheet and it does not take much time at all.
It currently sums up to 30,124.91 € during 1317 days actual travel time with an average per day cost of 22,87 €.
695,75€ per month – 8.354,51 € per year
(As of: February 2022)
This figure includes everything*: Transportation, Food, Accommodation, Booked Trips and all the Rest such as buying new batteries or getting a haircut for example. (see Excel)
* I excluded my 9 day trip to Antarctica because it was very expensive and would just irritate the daily average!
Region & Country Breakdown
Thanks to Couchsurfing and Hitchhiking, I can keep my costs in the Transportation and Accommodation areas generally low. The more useful figure to compare the costs of different regions is Food, which includes everything I eat and drink and averages out to 8,18€ per day.
Not only do I compare the different regions, but also the different countries. Probably you might be most interested in which country was the cheapest based on my style of traveling. The following statistics include all countries I have spent at least 10 days in since starting the data collection in October 2014. I do have the data from the other countries as well, but decided not to include them. Having a 10 day minimum felt like a good way to tell that the data is fairly accurate.
