The Cheapest Countries to Visit in South America
South America is a continent of adventure, culture, and natural wonders—and the best part is, it can be explored without breaking the bank. From breathtaking mountains to vibrant cities and tropical beaches, South America offers affordable destinations where you can travel longer for less. If you’re a budget traveler or simply looking to stretch your money further, here are the cheapest countries to visit in South America.
1. Bolivia – Adventure on a Budget
Bolivia is hands down one of the most budget-friendly destinations in South America. Known for its surreal landscapes, it offers unforgettable experiences at very low costs.
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Must-See: Salar de Uyuni (world’s largest salt flats), Lake Titicaca, La Paz cable cars.
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Budget Tip: Street food is everywhere—try salteñas (meat-filled pastries) for less than $1.
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Average Costs: Hostel dorms around $7–10, meals for $2–3, bus rides for just a few dollars.
2. Peru – Culture and History at Great Value
Peru is famous for Machu Picchu, but beyond that iconic site, it’s surprisingly affordable. Travelers on a budget can explore colonial cities, hike in the Andes, and feast on delicious Peruvian cuisine.
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Must-See: Machu Picchu, Cusco, Sacred Valley, Arequipa, Lake Titicaca.
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Budget Tip: Travel by overnight buses to save on accommodation.
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Average Costs: Hostels from $8–12, set lunch menus (menú del día) for $2–4.
3. Ecuador – Compact and Affordable
Despite using the U.S. dollar, Ecuador is one of the most affordable countries in South America. It offers a little bit of everything: Amazon rainforest, Andean villages, colonial cities, and stunning beaches.
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Must-See: Quito’s Old Town, Cotopaxi volcano, Baños hot springs, Montañita beach.
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Budget Tip: Public transport is very cheap—buses often cost less than $1 for city rides.
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Average Costs: Hostel beds $8–12, meals $3–5.
4. Colombia – Vibrant and Affordable
Colombia has quickly become a favorite among backpackers and digital nomads. Known for its warm people, colorful towns, and Caribbean beaches, it offers great value for money.
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Must-See: Cartagena, Medellín, Bogotá, Coffee Region, Tayrona National Park.
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Budget Tip: Take advantage of free walking tours in major cities.
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Average Costs: Hostel dorms $10–15, meals for $3–6.
5. Paraguay – South America’s Hidden Bargain
Often overlooked, Paraguay is one of the cheapest countries on the continent. While it doesn’t have as many famous attractions as its neighbors, it’s rich in culture and authenticity.
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Must-See: Asunción, Jesuit ruins, Itaipu Dam, countryside ranches.
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Budget Tip: Travel like locals—cheap buses and affordable street eats are everywhere.
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Average Costs: Hostel dorms $8–12, meals under $3.
Bonus: Tips for Traveling South America Cheaply
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Eat like locals: Choose set lunch menus and street food.
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Use buses: Long-distance buses are cheaper than flights (and often overnight).
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Stay in hostels: Many include breakfast and social activities.
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Travel slow: The slower you go, the less you spend on transport.
Final Thoughts
South America doesn’t need to be expensive—Bolivia, Peru, Ecuador, Colombia, and Paraguay prove that you can explore rich culture, jaw-dropping landscapes, and vibrant cities on a budget. Whether you’re trekking the Andes, exploring colonial towns, or relaxing on Caribbean beaches, these destinations make it easy to enjoy unforgettable adventures without overspending.
✨ So, pack your backpack and start your journey—your South American adventure awaits!
