Top Safe & Cheapest Countries in Latin America to visit (in 2022)

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Latin America is a great place for budget travel. There are many countries in Latin America that offer cheap flights, cheap hotels, and good food.

Mostly you can get the cheapest countries in Latin America than those in North America or Europe. In general, you can expect to travel budget around $20 Per Day in Cuba, $33 Per Day in Colombia, $25 to $63 Per Day in Venezuela, $24 to $36 Per Day in Guatemalan, and $42 Per Day in Bolivia. The prices vary depending on what type of accommodation you choose and where you are eating out every night.

For example, if you want to stay in a hostel or backpacker’s inn, expect to pay between $10 and $20 per night. If you want private accommodation with breakfast included, this will cost between $30 and $50 per night. If you want your own room with ensuite bathroom, expect to pay around $40-60 per night depending on how far from town it is located.

Considering a Budget trip, the Cheapest Countries in Latin America which you need to know

If you want to travel to Latin America, you may be wondering which countries are the cheapest. Here are our top picks for budget travel destinations:

Bolivia

Bolivia

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Boliviano
Spanish
$15 to $26 Per Night
$7 to $12 Per Night
$2 Per Meal & $13 Meal Per Day
$3 to $6 Per Day
$2
$2.05
$42 Per Day on Vacation

The cost of living in Bolivia is quite low compared to other countries. In fact, the cost of living in Bolivia is much lower than in the United States and most other countries around the world. The average price of a cup of coffee in Bolivia is only $0.55 to $3. A bottle of water costs about $0.50 USD, and a meal at a restaurant averages around $3 USD per person.

The cost of living in Bolivia could be an issue for some people who are used to paying more money for things like food and rent or who have higher expenses due to their job. However, if you are willing to live on less than $1 USD per day then you will be able to enjoy the benefits of living in such a beautiful country as Bolivia!

Cuba

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Cuban Peso
Spanish
$20 to $180 Per Night
$10 to $40 Per Night
$3 Per Meal & $11 Meal Per Day
$1 Per Kilometer or $5 Average Taxi Ride
$0.25 to $3
$1.50 to $4
$20 Per Day on Vacation

Cuba is a very inexpensive destination to visit. It is possible to find budget accommodation in Havana and other cities for under $15 a night. You can also find hostels and guest houses for around $8 per night. You will not have any problems finding food either, as there are plenty of restaurants and street stalls selling food that costs less than $1 per plate.

The main issue with Cuba is the cost of getting there and back. If you want to fly to Havana, then expect to pay around $100 USD return ticket with Air Canada or American Airlines (both have offices in Cuba). If you want to fly from Toronto, then you can expect to pay around $200-$250 USD roundtrip when booking at least a month in advance with Air Canada or American Airlines (both have offices in Cuba).

Argentina

Argentina

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Argentine Peso
Spanish
$24 to $40 Per Night
$14 to $60 Per Night
$10 Per Meal
$0.80 Per Kilometer or $1.00 Per Taxi
$1.70
$1.50 Domestic or $2.00 Imported
$54 Per Day on Vacation

Argentina is a great place to travel for budget travelers, with a wide range of destinations for all budgets. If you want to go off the beaten path, there are plenty of places to stay and things to do in Argentina. The country is an amazing mix of cultures, languages, and landscapes. From the Andes Mountains to the pampas, Argentina offers something for everyone.

Argentina is also a great place to visit if you’re interested in experiencing some of the world’s best food. From traditional Argentinian meat dishes like empanadas and asado (barbecue) to an abundance of fresh seafood, there are plenty of options available when it comes to dining out while traveling throughout Latin America.

If you’re looking for something more unusual than standard tourist attractions, consider taking a day trip to Patagonia (in the southern part of Argentina). This area has some of the most beautiful landscapes on earth, including snow-capped mountains, glaciers, and waterfalls galore!

Argentina is a budget travel destination. It’s more affordable than other South American countries, and you can often find cheap hostels and hotels.

Brazil

Brazil

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Brazilian real
Portuguese
$36 to $56 Per Night
$8 to $13 to $26 Per Night
$6.32 Per Meal or $15.80 Meal Per Day
$0.59 Public Transport or $4.50 Per Hour
$50 cents to $1.00
$2.80 to $3.20
$40 Per Day on Vacation

Brazil is a country of contrasts. It’s the size of the United States and Mexico combined, with more than 200 million people. It has more natural wonders than any other country in South America, including the Amazon rainforest and the Polar Circle. And it’s home to one of the world’s most diverse ecosystems — from savannas and forests to beaches and deserts.

Brazil is a place where you can spend a few days on a budget. The country is one of the most affordable in Latin America, with good transportation and many cheap hotels, hostels, and vacation homes.

Colombia

Colombia

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Colombian Peso
Spanish
Below $45 Per Night
$10 to $40 Per Night
$3 to $5 Per Meal
$5 Public Transport
$0.95
$0.85 Domestic Beer
$33 Per Day on Vacation

Colombia is must included in the bucket list of the cheapest countries in Latin America. It’s less expensive than other South American countries, and it offers plenty of things to do for almost any amount of money.

Colombia is a great choice for budget travel. It’s a country that has an incredible amount of things to see and do, and where you can find something for every budget.

With the majority of accommodations charging under $30 USD per night. However, you will find that many tourist attractions are much more expensive than they would be in other countries. Because of this, it is important to have a realistic budget before setting out on your trip.

Colombia is a country with a very rich heritage and culture, which makes it one of the most interesting places in Latin America. Its tropical climate, its diverse landscapes, and its friendly people make it an ideal place to visit.

Venezuela

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Venezuelan bolívar
Spanish
$30 Per Night
$21 to $48 Per Night
$8 Per Meal
$0.10 Public Transport (One Way)
29 Cents
$1.15 Domestic Beer
$25 to $63 Per Day on Vacation

Venezuela offers a lot for budget travelers. It’s not the most touristy country in South America, but it’s certainly worth exploring. The country is home to some of the most beautiful national parks in the world, as well as some of the best hiking trails and beaches on the continent.

While there are plenty of tourists in Venezuela during peak season, they tend to be quite scarce during the low season. This means that you’ll have much more space to enjoy nature, hike through the rainforest or just relax at one of many gorgeous beaches.

The most popular destinations for budget travelers in Venezuela are Caracas and Maracaibo. Both cities have a lot to offer, but to really get a feel for what Venezuela has to offer you should spend some time looking into other areas such as Puerto La Cruz or Valencia del Tuyu.

Peru

peru

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Sol
Spanish
$50 to $70 Per Night
$11 to $16 Per Night
$12 Per Meal
$6 Public Transport (One Way)
$1 to $3
$2.09 Domestic Beer
$35 to $45 Per Day on Vacation

Peru is a great place to get away from it all. It’s also known as the Land of the Incas, home to some of the world’s best-preserved ruins and ancient cities. If you’re looking for adventure and thrills, you’ll find it here. But if you want to relax, unwind and enjoy the simple things in life, Peru can be that place too.

Peru has recently entered into an economic crisis and its currency has been devalued. Even though it’s still not really affordable, it’s possible to find hostels, hotels, and other accommodations for around $20/night. There are also many hostels available with dorm rooms starting at around $11/night.

Paraguay

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Paraguayan Guarani
Spanish and Guaraní
$35 to $80 Per Night
$10 to $40 Per Night
$4 to $8 Per Meal
$0.51 Public Transport (One Way)
$1.80
$1.45 Domestic Beer
$65 Per Day on Vacation

Paraguay is cheap and budget-friendly to visit. The country is a small landlocked nation in South America, bordered by Argentina, Brazil, and Bolivia. In ​Paraguay you can get a low cost of living $60 to $70 Per day where you can spend an average of $30 on accommodation, $5 per meal, and lumpsum $0.51 for one way public transport.

It’s mostly undeveloped and has only a few major cities, so it’s not too crowded. In addition, the locals are friendly and welcoming, making them easygoing travelers themselves.

Paraguay can be an especially good choice for travelers on a budget because it offers some of the most affordable accommodations in South America.

Paraguay has lots of green spaces like national parks, which are great for hiking, biking, and horseback riding. The country also has several natural hot springs that offer spas that cost about $20 per person for a day pass or about $50 for an overnight stay.

Ecuador

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Paraguayan Guarani
Spanish and Guaraní
$18 to $46 Per Night
$12 to $40 Per Night
$6 Per Meal
$0.25 City Bus (One Way)
$2.00
$2.00 Domestic Beer
$51 Per Day on Vacation

Ecuador is a great budget destination for travelers who want to combine adventure and relaxation on their trip. The country has a wide range of landscapes, from the mountains to the beaches, and you can choose to go up or down. If you are looking for a place where you can relax, Ecuador might be the perfect destination.

Ecuador is one of the most popular destinations in South America for budget travelers because it offers a great variety of activities at a low cost. With an average daily cost of $50 to $60 per person. You can visit museums, enjoy nature walks or even climb volcanoes for just $10 or less per day!

The capital city is Quito, entitled with UNESCO world heritage site. Thanks to its mild climate year-round (though it does get cold at night). It’s a beautiful city with many colonial buildings, history, adventure, or local food & nightlife.

Guatemala

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Guatemalan Quetzal
Spanish
$60 to $80 Per Night
$12 Per Night
$4.78 Per Meal
$0.32 Public Transport (One Way)
$1.00
$1.94 Domestic Beer
$46 to $56 Per Day on Vacation

Guatemala is a budget-friendly destination for travelers. You can explore the country’s natural wonders, enjoy its friendly people, and find a fantastic deal on accommodations at a fraction of the cost.

if you are a budget traveler then you should plan to spend around $50 – $60 per day which may be sufficient

Guatemala has a lot to offer budget travelers. You can spend your vacation days hiking through lush jungle rainforests, swimming in crystal-clear rivers, or relaxing on white sand beaches. Or you can try horseback riding among the volcanoes, diving off cliffs into turquoise waters, or exploring ancient Maya ruins.

When you travel to Guatemala, you’ll discover that there are many things to do for less than $30 per day. In addition to budget-friendly activities like hiking and snorkeling, there are also plenty of cheap hotels to choose from throughout the country.

Mexico

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Mexican Peso
Spanish
$18 to $300 Per Night
$10 to $40 Per Night
$1.74 to 3.98 Per Meal
$5 Day Pass
$2.24
$1.99 Domestic Beer
$35 to $80 Per Day on Vacation

Mexico has a lot to offer for budget travelers where you can spend around $40 – $60 per day and expect to spend around $10-$15 a night for a hostel bed. You can find cheap flights to any city in Mexico, and there are many good hostels and hotels that can be found in cities across the country. If you’re looking for something a little more comfortable, you can stay at one of the many hotels and resorts around Cancun or Playa del Carmen.

Mexico has many different regions and climates, each with its own unique features. While most people visit Mexico City or Cancun for their beach vacations, there are many other places where you can get away from the crowds. These destinations are perfect for those who want to spend time exploring nature without having to worry about finding affordable accommodation or dealing with heavy traffic.

Jamaica

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Jamaica Dollar
English
$55 to $70 Per Night
$16 Per Night
$5.18 Per Meal
$0.66 One Way
$2.81
$2.00 Domestic Beer
$100 Per Day on Vacation

Jamaica is a great place for budget travel. The country has a wide range of accommodation options, from cheap hostels to luxury resorts.

For those who want to experience real Jamaican culture, you can book an all-inclusive beach break in Montego Bay or Negril.

Accommodation in Jamaica is plentiful and affordable, with plenty of options available to suit every budget.

If you’re looking for budget accommodation in Jamaica, start by checking out this list of places that offer dorm beds or private rooms starting at around $15 per night.

Nicaragua

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Nicaraguan Córdoba
Spanish
$19 to $68 Per Night
$16 to $39 Per Night
$4.00 Per Meal
$0.75 One Way
$2.7
$1.25 Domestic Beer
$44 Per Day on Vacation

Nicaragua is one of the most affordable destinations in Central America. You can get by on $30 per day for food and lodging, and if you’re looking for cultural experiences, you’ll find plenty to do for less than $10 per person.

Nicaragua is a budget travel destination with many affordable hotels, hostels, and guesthouses. The country has been one of the most popular destinations for backpackers and budget travelers.

The capital city of Managua is also known as La Granada or the Spanish colonial city. It has some of the best restaurants in Central America, while also featuring plenty of museums and art galleries.

The country has many lakes that can be explored by boat, including Lake Nicaragua and Lake San Miguel on the Pacific coast. There are also several volcanoes to visit in this region.

Saint Lucia

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East Caribbean Dollar
English
$14 to $60 Per Night
$13 to $24 Per Night
$2.20 Per Meal
$0.75 One Way
$2.85
$1.85 Domestic Beer
$70 Per Day on Vacation

Saint Lucia is a tropical island full of beautiful beaches, friendly people, and world-class eco-tourism. The natural beauty of Saint Lucia has made it a popular destination for both tourists and backpackers.

Saint Lucia is known for its warm climate, spectacular sandy beaches, and crystal clear water. It is also famous for its lush rainforest, which is home to monkeys, iguanas, sloths, and parrots.

The cost of living in Saint Lucia is relatively low, although it is not quite as cheap as some other Caribbean islands. You can expect to spend around $30-$40 per day on a meal per person at a good restaurant. If you want to stay in a hotel, you can expect to pay around $80 per night for a double room with a private bath and air conditioning.

The capital city of Castries has the best restaurants in the country and the nightlife is lively. This country offers a wide range of activities including snorkeling in caves or on coral reefs; diving with manta rays; hiking through the rainforest; kayaking on mangroves or exploring the underground rivers by rafting down streams.


Also, Read These FAQs

What is the cheapest country in Latin America?

Argentina is a budget-friendly destination for travelers on a tight budget. The country offers plenty of cheap accommodations and food, great experiences for those with more money to spend, and lots of outdoor activities that can be enjoyed at a low cost.

What’s the cheapest Latin country to live in?

Guatemala is the cheapest country in Latin America for expats. In fact, it has the lowest cost of living in the world. The average salary is just $5,000 USD per year. This is actually good news for expats because it makes it a lot easier to live and work in Guatemala.

What is the cheapest and safest country in South America?

The safest country in South America is Chile but it is quite expensive to live here so you can choose Bolivia instead of chile. Bolivia is also very cheap compared to other South American countries and even Europe. A night in a hotel costs around $20 USD and a meal will cost around $5 USD. So if you’re looking for a holiday then Bolivia is definitely worth considering!. The cost of living is also very low compared to other countries such as Colombia or Brazil.

What is the cheapest Latin American city?

Medellín is the second largest city in Colombia and is a very popular tourist destination. It’s a great place to visit for those who are interested in partying but have a low budget. There are also plenty of restaurants, bars, and clubs that offer live music, dancing, and drinks starting at only around $10.

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Sarah Gautam
Sarah Gautam

Hi there! My name is Sarah Gautam. I'm a 35 year old travel blogger and digital nomad, currently living in United State. I believe that life is all about experiences, and what better way to gain them than to see the world! That's exactly why I left my office job in England and escaped to the national parks of utah, working remotely as I go, to earn my income. It's an amazing lifestyle choice and I want to inspire others who are looking to do something similar as well. These are my free resources for future nomads.

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