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After meticulous planning and a detailed budgeting process, we are excited to share the breakdown of our one-year Round-The-World (RTW) trip budget by country. This post will provide an overview of how we allocated our funds and offer insights into the budget plan associated with each destination.
Overview of Our Budgeting Process
In our previous blog post, we explained our two-step approach to budgeting: starting with a top-down estimate and then refining it with a bottom-up calculation. This method helped us create a realistic and comprehensive budget that accounted for our travel style and preferences. Read it here.
Detailed Budget Breakdown by Country
We plan to visit a variety of countries, each with its unique costs. The total budget came out to €35.4k per person (€70.8k for both), which in USD is approximately $38.4k per person (~$76.8k for both).
€35'400 per person for a one-year round the world trip
Below is a detailed list showcasing our time of visit, the season, length of stay, expected travel style, and the planned budget per week for us as a couple, as well as the total budget.
Budget Part 1: Total In-Country Expenses of €47'113 for a couple, 377 days of traveling
Egypt - €2'439 (€776 per week for a couple)
May 2024 for 22 Days
Price Level: Mid-Season Travel Style: Luxury Boujee Backpackers
South Korea - €2'326 (€1'163 per week for a couple)
Japan - €1'928 (€900 per week for a couple)
China - €1'543 (€832 per week for a couple)
Nepal - €1'143 (€500 per week for a couple)
India - €2'743 (€600 per week for a couple)
Singapore - €686 (€800 per week for a couple)
Indonesia - €3'500 (€700 per week for a couple)
New Zealand - €5'487 (€1'670 per week for a couple)
Chile - €1'029 (€900 per week for a couple)
Argentina - €2'670 (€719 per week for a couple)
Bolivia - €1'820 (€579 per week for a couple)
Peru - €1'669 (€536 per week for a couple)
Mexico - €2'571 (€1'000 per week for a couple)
Canada - €810 (€810 per week for a couple)
Greece - €2'878 (€1'550 per week for a couple)
Jordan - €1'928 (€964 per week for a couple)
Tanzania - €3'021 (€705 per week for a couple)
Namibia - €3'771 (€2'400 per week for a couple)
Finland - €1'220 (€1'220 per week for a couple)
Budget Part 2: Total Other Expenses of €23'644 for a couple, Swiss and French nationalities
Travel between countries (Flights/Buses) - €11'930 for a couple
Avg. of €271 per flight/bus ride per person
Health/Travel Insurances - €9'914 for a couple
Sim Cards - €700 for a couple
Vaccines - €300 for a couple
Visa - €800 for a couple
Factors that Influenced Our Budget
As you can see, travel style and time of visit meticulously influenced our budget. But how do we define these travel styles?
Budget Boujee Backpackers: This style balances cost and comfort. We stay in budget hostels, dorms, and private rooms, and also occasionally sleep at friends' places or use Couchsurfing. We cook meals from supermarket ingredients or eat where the locals go, and occasionally treat ourselves to a nicer meal or experience.
Mid-Range Boujee Backpackers: This style strikes a balance between comfort and cost. We stay in good hostels, preferably in private rooms, enjoying a mix of privacy and social opportunities. We eat at a variety of local food stalls and mid-range restaurants, with occasional splurges on unique dining experiences and activities.
Luxury Boujee Backpackers: This style emphasizes maximum comfort and convenience. We stay in upscale hostels, Airbnb, and occasionally luxury hotels. Our dining includes a mix of high-quality local restaurants and occasional fine-dining experiences, and we indulge in exclusive experiences and premium activities without hesitation.
