South America is a great place to travel on a budget. The continent is full of amazing destinations that won’t break the bank. In this article, we will explore the cheapest countries in South America. We will also give you some tips on how to save money while traveling.
1. Bolivia
Bolivia is one of the cheapest countries in South America. It is known for its stunning landscapes and rich culture. The cost of living is very low here, making it a great place for budget travelers.
- Accommodation: You can find hostels for as low as $5 per night.
- Food: Street food is very cheap, with meals costing around $2.
- Transportation: Buses are the main mode of transport and are very affordable.
2. Ecuador
Ecuador is another affordable destination in South America. It offers beautiful scenery, from the Amazon rainforest to the Andes mountains. The country is also known for its friendly people and vibrant culture.
- Accommodation: Budget hotels and hostels are available for around $10 per night.
- Food: Local eateries offer meals for as low as $3.
- Transportation: Public buses are cheap and reliable.
3. Peru
Peru is famous for its ancient ruins and stunning landscapes. It is also one of the cheapest countries to visit in South America. The cost of living is low, making it easy to travel on a budget.
- Accommodation: Hostels can be found for as low as $8 per night.
- Food: Street food and local restaurants offer meals for around $3.
- Transportation: Public buses and shared taxis are very affordable.
4. Colombia
Colombia is a vibrant country with a rich history and culture. It is also very affordable, making it a great destination for budget travelers. The cost of living is low, and there are many cheap options for accommodation and food.
- Accommodation: Hostels and budget hotels are available for around $10 per night.
- Food: Local eateries offer meals for as low as $2.
- Transportation: Public buses and taxis are cheap and convenient.
5. Paraguay
Paraguay is one of the lesser-known destinations in South America. It is a very affordable country to visit, with low costs for accommodation, food, and transportation. The country is full of natural beauty and rich history.
- Accommodation: Budget hotels and hostels are available for around $8 per night.
- Food: Street food and local restaurants offer meals for as low as $2.
- Transportation: Public buses are very cheap and reliable.

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6. Argentina
Argentina is a diverse country with stunning landscapes and rich culture. It is also one of the more affordable countries in South America. The cost of living is relatively low, making it a great place for budget travelers.
- Accommodation: Budget hotels and hostels are available for around $10 per night.
- Food: Local eateries offer meals for as low as $3.
- Transportation: Public buses and trains are cheap and convenient.
7. Venezuela
Venezuela is another affordable destination in South America. The country is known for its beautiful beaches and stunning landscapes. The cost of living is very low, making it a great place for budget travelers.
- Accommodation: Budget hotels and hostels are available for around $5 per night.
- Food: Street food and local restaurants offer meals for as low as $1.
- Transportation: Public buses are very cheap and reliable.

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Tips for Budget Travel in South America
Traveling on a budget in South America is very doable. Here are some tips to help you save money:
- Stay in Hostels: Hostels are a great way to save money on accommodation.
- Eat Street Food: Street food is very cheap and delicious.
- Use Public Transportation: Public buses and trains are very affordable.
- Travel During Off-Peak Seasons: Prices are usually lower during off-peak seasons.
- Book Flights in Advance: Booking flights in advance can help you save money.
Frequently Asked Questions
What Is The Cheapest Country In South America?
Bolivia is often considered the cheapest country in South America.
Which South American Country Offers Budget Travel?
Paraguay is a great destination for budget travelers.
Is Ecuador Affordable For Tourists?
Yes, Ecuador offers affordable travel options for tourists.
How Cheap Is Travel In Colombia?
Travel in Colombia is relatively cheap, especially for accommodation and food.
Conclusion
South America is a great place to travel on a budget. There are many affordable countries to visit, each with its own unique culture and attractions. By following our tips, you can save money and have an amazing travel experience. So pack your bags and get ready to explore the cheapest countries in South America!