Home » Advice and Tips, Featured, Planning

A Little RTW Budget…Costs to Travel Around the World for a Year

5 October 2009 128 Comments

Wondering what I spent to travel around the world for nearly a full year?

Read on, my friend, and let’s get down and dirty with the full details for budgeting for a RTW trip and the price breakdown.

My full tally is complete, I traveled around the world for for 328 days (11 months) and tracked what I spent, what each and every country cost, and where I could have done better.

(Just want the cold hard figures? Skip the right to my full RTW Travel Budgetnavigate this Google spreadsheet by country at the top!).

Many people have asked me, “How can you afford to travel around the world?!”

Round the World Travel Planning Budget

My RTW Budget Planner: a mini-calendar!

This is hands down and without a doubt the question I’ve answered the most often – even before “what’s your favorite place you’ve visited?” Well, as most of you have surmised by now, I do not live off of a trust fund but instead budgeted for the trip, sold my possessions, worked on freelance SEO from the road and came to the same conclusions as those backpackers who have adventurously gone before me: RTW travel is cheaper than you think!

I’m quite meticulous and managed to pretty accurately document all of my expenses from this RTW trip. My almost OCD obsession with accurately tracking my expenses is epic but in the two years since I originally posted this breakdown, other backpackers have loved the precise and exact breakdown of just how much I spent throughout a year of active world travel.

The total cost of my RTW trip: $17,985

You’re shocked right now, I know, I sprang it on you out of nowhere! Close the gaping jaw.

That’s it?!

Yes. Fully and completely inclusive of everything from getting jabbed in the arm for my Yellow Fever vaccine to buying all of my pre-travel gear, all of my plane flights, bus rides, camel safaris, surfing lessons, zip-lining adventures in the Laos jungle, and straight through to my first sub back on home soil when I passed through Philly on my final layover of the trip.

What does this not include? Personal choices that upped the price bit: an external hard drive for photo storage, new camera (old one waterlogged in Australia), and I rented a car alone in Ireland (most backpacker budgets wouldn’t allow for this so I included my car’s petrol to approximate the cost of public transportation for three weeks). My personal total, inclusive of all of that, just under $19,000…still a bargain!

How Did I Keep my RTW Budget in Check?

Four deceptively simple travel tips:

  • Consider staying in a hostel to keep your budget in check.  They’re a great place to meet new people (and private rooms mean they work for couples and families too). I love the self catering facilities offered at most, and pretty much always dig a free breakfast…YUM! HostelBookers is a good option to use because you can book online and they don’t charge booking fees.
  • Keep a budget spreadsheet for all of your expenses! Seriously, while I think you should splurge and enjoy throughout your RTW, if you are truly budgeting then know where your money goes. Download the RTW budget spreadsheet I designed for other travelers; it’s formated, blank, and editable.
  • Limit time in the Western world. Developing countries cost significantly more for travelers, so structure your time so you don’t wipe out your savings by staying too long in Europe, Australia, or the US.
  • Travel slowly and overland. Avoid purchasing too many plane tickets and take local transportation – better stories and a better insight into local cultures is the upside!

Now, the following tables and charts will further outline my RTW budget including some of the country-by-country expenses. And because I just had to go that extra mile, my complete-down-to-the penny budget is available for viewing; the budget spreadsheet includes every single expense itemized out in an absolutely gorgeous Google spreadsheet if I can toot my own horn for a moment!

Also, don’t forget to check out the well-loved RTW FAQ and Travel Planning Guide as well as our blank, formatted spreadsheet as a downloadable excel file to log your own RTW travel budget!

RTW Travel Budget Breakdown

Total cost for each category

RTW budget-overview by section

**Lodging: All accomodation with some couchsurfing and a few contacts along the way.
**Food: Snacks, meals, and my chocolate obsession.
**Entertainment: Going out on the town – this will be higher if you drink often.
**Activities: Includes my volunteer program and all tour, trips, and group adventures.
**Transportation: Excluding flights and all intra-country transportation.
**Misc: Shipping things home, gifts, and toiletries along the way.
**Interent: I work from the road and paid a lot for internet at times – lower if you’re not taking a laptop!
**Flights: Includes MANY puddle-jumper little flights. Did not use a RTW ticket, booked along the way (and still happy I did it that way!)

RTW Budget: Average Daily Costs per Country

RTW budget-average daily costs

RTW Budget:Total Costs of Each Country and Number of Travel Days

RTW Budget-total costs per country
**This total does not include flights, travel gear, and other misc. Only the actual on-the-road costs.

Resources Mentioned in the Post:

  • elmo1984

    Yay, thats made me happy thanks!

    I sure am i'm using http://www.offexploring.com/liznadds

    Thanks for taking the time to help me out

    Liz

  • http://80bays.blogspot.com/ Stephen

    Wow Shannon, I can't believe how meticulous you were, great stuff – very interesting. I went around the world on a tiny budget last year but took a different approach which was to see if I could actually make some money along the way as I could never keep a grip on it like you have here. So I ebayed and gumtreed, worked, traded and a few other little tricks en route. In the end I just put it all in a blog if anyone is interested check it out at http://80bays.blogspot.com and let me know what you think.

  • ShannonOD

    Thanks Stephen! Tracking it became a game after a while – I really wanted to
    have an accurate picture of how much it cost to do my 11 month trip! It
    must have been really neat to find those working opportunities on the road -
    I did freelance work, but nothing like the big push you were doing! Cheers
    and good luck adjusting now that you're back home :-)

  • http://80bays.blogspot.com/ Stephen

    Wow Shannon, I can't believe how meticulous you were, great stuff – very interesting. I went around the world on a tiny budget last year but took a different approach which was to see if I could actually make some money along the way as I could never keep a grip on it like you have here. So I ebayed and gumtreed, worked, traded and a few other little tricks en route. In the end I just put it all in a blog if anyone is interested check it out at http://80bays.blogspot.com and let me know what you think.

    • ShannonOD

      Thanks Stephen! Tracking it became a game after a while – I really wanted to
      have an accurate picture of how much it cost to do my 11 month trip! It
      must have been really neat to find those working opportunities on the road -
      I did freelance work, but nothing like the big push you were doing! Cheers
      and good luck adjusting now that you're back home :-)

  • Pingback: 40 Young Bloggers Who Will Get You Excited to Shatter the Template Lifestyle — Untemplater

  • Bobby

    I can get all budget travel details in this blog and additional info about it.. I have been looking for a blog like this for past many months.. The points mentioned in this article are valid..
    Budget Travel Blog

  • http://rtw360.wordpress.com/ RTW360

    Hi Shannon, Thanks for sharing your experience and all this info.
    I just found your site a couple of days ago and I intend to read it all.
    Me and my husband decided this year to take our own RTW trip and the amount of things I have in my to do list is quite overwhelming (the plan is to leave in June). Sites like yours help a lot and cut on the research time.
    At this point my two major concerns are: 1. Do we have enough money to follow through? 2. What I am going to say that work and what is going to be of my career after that? I am 30, so so it is not like I am only 20 or I am high up already and a couple of months will not make a difference, but well… If it is hard now to take the time, I am sure it will just get harder with time, as responsibilities growth at an unfair pace.
    Me and my husband have $30K saved up for the trip and the plan is to spend about 2 months in Southeast Asia, 2 months in Africa and 2 months in Europe (hopefully less from my side as things get more expensive and I have been there already, but my hubby really wants to cover some ground). Do you think that is enough? I was looking at RTW ticket and I am wondering if it is worthwhile. It is more than I first hoped for and reading your blog I am tempted to do the acquisition on my own as you did. My only concern is that flight tickets seem to be a big cost in my budget and I am afraid that not getting deals during the trip may have an impact difficult to predict at this point on our budget. Any thoughts? Did you change date or destinations based on the best deal you could get on flights? Again, thanks for all the information here.

  • http://rtw360.wordpress.com/ RTW360

    Hi Shannon, Thanks for sharing your experience and all this info.
    I just found your site a couple of days ago and I intend to read it all.
    Me and my husband decided this year to take our own RTW trip and the amount of things I have in my to do list is quite overwhelming (the plan is to leave in June). Sites like yours help a lot and cut on the research time.
    At this point my two major concerns are: 1. Do we have enough money to follow through? 2. What I am going to say that work and what is going to be of my career after that? I am 30, so so it is not like I am only 20 or I am high up already and a couple of months will not make a difference, but well… If it is hard now to take the time, I am sure it will just get harder with time, as responsibilities growth at an unfair pace.
    Me and my husband have $30K saved up for the trip and the plan is to spend about 2 months in Southeast Asia, 2 months in Africa and 2 months in Europe (hopefully less from my side as things get more expensive and I have been there already, but my hubby really wants to cover some ground). Do you think that is enough? I was looking at RTW ticket and I am wondering if it is worthwhile. It is more than I first hoped for and reading your blog I am tempted to do the acquisition on my own as you did. My only concern is that flight tickets seem to be a big cost in my budget and I am afraid that not getting deals during the trip may have an impact difficult to predict at this point on our budget. Any thoughts? Did you change date or destinations based on the best deal you could get on flights? Again, thanks for all the information here.

  • Mike

    I am in awe of this spreadsheet. I am leaving in October for a RTW trip and this will be most helpful. You've also given me budget ideas because you traveled to a lot of the same countries I'm planning to visit. Thanks!

  • Mike

    I am in awe of this spreadsheet. I am leaving in October for a RTW trip and this will be most helpful. You've also given me budget ideas because you traveled to a lot of the same countries I'm planning to visit. Thanks!

    • ShannonOD

      You are most welcome Mike! Glad that you're finding it handy :-) If you ever
      have any questions as you prep for your trip don't hesitate to shoot me an
      email! Cheers and happy planning :-)

  • ShannonOD

    You are most welcome Mike! Glad that you're finding it handy :-) If you ever
    have any questions as you prep for your trip don't hesitate to shoot me an
    email! Cheers and happy planning :-)

  • Pingback: Best RTW Travel Planning Articles for Your Own Big Trip

  • Pingback: 39 Days In Australia: How Much Did It Cost

  • Pingback: How Much Money Do You Really Need to Travel? | BootsnAll Travel Articles

  • Pingback: How Much Money Do You Really Need to Travel? « Featured Articles « Extreme Traveling

  • Pingback: Running the Numbers: Where to Go « Stowaway

  • Pingback: 6 Things Smart Cats Do Before a RTW Trip | AirTreks Travel Blog

  • Gemma

    Hi, just wondering how central america added up? im going there in January and trying to work out a daily budget.. many thanks Gemma

    • Anonymous

      Central America is incredibly budget and you can do it for a similar budget
      as SEA… I stayed in private rooms in a hostel a lot for about $10 to $12 a
      night, it’s half that for dorms. Then food is cheap if you eat local foods.
      What I found in Central America is that you can spend more if you choose to
      upgrade – ie. there are chicken buses for dirt cheap or you can upgrade to
      the private bus…one costs $3 and the other $15…seems like not too much
      of a splurge but can add up. So, that being said, you can go uber cheap and
      affordably upgrade when you need a bit of extra comfort :) Hope that helps.
      Email me if you have some specific questions I can help out with!

  • Pingback: The Economics of Epic Excursions

  • http://twitter.com/almostbohemian David William

    This is insanely inspiring. Gosh, really freakin cool! I will do something like this for my trip. Thanks for your openness too!

    • Anonymous

      You’re welcome! If you ever need any help, I am here just shoot me an email and we can sort out the budgeting and planning  :)

  • Pingback: Journey Geek | Blog | Shannon O'Donnell

  • Rebecca

    WHERE did you find such cheap flights? I can’t find a flight across North America for less than $500!

    • Anonymous

      Hi Rebecca! Cheap flights are the golden nugget, and they are hard to find, but I use a couple different options:

      - Fly on a Tuesday or Saturday night
      - Fly in and out of hub cities with the major airlines, then take the discounts to where you need to go (can save hundreds)
      - Use a discount airlines…love this master list: http://www.airninja.com/airlines/browse.htm

      That’s about it, I hunt around a lot and research a good deal! Hope that helps :)

      • Rebecca

        I’ll keep that in mind! Thanks for the tips! :)

  • Pingback: Reader Question: How Much Does It Cost to Travel?

  • Pingback: RTW Resources and Links – Round the World Travel Guide – Around the World Tickets – BootsnAll Travel Network

  • Nicfreeman.com

    Hey Shannon, Thanks so much for sharing this! I’m currently planning a 9 month trip to Europe and appreciate the budgeting insights. No matter how much I read, I find there will always be that niggling uncertainty before leaving for a big trip – can I afford it? But, like you said, using spreadsheets and keeping an overall idea of spendings is a great way to keep it under control.

    • Anonymous

      So glad the budget has helped — definitely keep track of your expenses and move slowly, those are the two biggest ways to keep it all in check. Transportation adds up (and gets stressful) so if you can find more budget friendly destinations and stay for a week there, then a few days in the more expensive ones it should help! Best of luck and safe travels :)

  • Pingback: Round the World Q&A: Shannon O’Donnell | Travelated

  • http://www.heyitsraymond.com Hey

    Not as expensive as one would think. What resources did you use to book your RTW plane tickets? Kayak, Travelocity, STA, etc…?

    • Anonymous

      Kayak is a favorite of mine, but if I am in Asia I like to check SkyScanner.com since they include some of the smaller local carriers in this area. Also, http://www.airninja.com/airlines/browse.htm has a list of all the budget airlines in each region, and if I was booking a one-way to a nearby country (say Thailand to India) I checked some of the discount airlines! Hope that helps, happy planning :)

  • Pingback: FAQs: Money « simply three cents

  • ShannonOD

    You're most welcome! Thanks for popping in :-) I look forward to reading some of your more “fights” :-)

  • ShannonOD

    All hostels in the developed countries and guest houses in Asia – never the “absolute cheapest” though! I like a little clean at least! :-)