The Ultimate Breakdown: How Much Does a 6-Month Round the World Trip Really Cost?
Are you considering taking off on a six-month round-the-world trip? While the idea may sound enthralling and fascinating, have you ever thought about how much it would cost?
Planning a long-term travel experience is undoubtedly thrilling, but it requires meticulous planning and smart budgeting. So, to help you out, we have conducted thorough research and have put together an ultimate guide to help you breakdown the cost of a six-month round-the-world trip.
Destination Matters
The first thing to consider before planning your trip is your destination. The cost of your trip can significantly vary based on where you plan to travel. For instance, countries in South America and Asia are relatively cheaper than Europe and North America.
Furthermore, you must select the right time to visit your preferred destinations. Choosing the peak season could result in extremely high airfare, hotel rates, and other expenses.
Transportation Costs
Transportation is one of the most crucial aspects of your trip. It can significantly affect your budget, especially if you plan on visiting multiple countries. While airfare is the most expensive form of travel, it’s the most convenient way to travel to far-off destinations.
However, train travel is an affordable option while you travel within Europe. Additionally, car rentals and ride-sharing services offer flexibility, freedom and are much cheaper than taxis.
Accommodation Costs
Accommodation costs will vary depending on where you plan to stay and the number of people you are traveling with. Hostels are the most budget-friendly option, and you can stay in a dorm room for as little as $10 per night.
However, if you want to stay in private rooms or nicer hotels, then budget around $40 to $100 per night. Additionally, if you can’t afford these expensive accommodations for an extravagant amount of time, you could opt for house-sitting or home-stays.
Food and Drink Costs
Food and drinks can eat up a significant chunk of your travel budget if you are not mindful. When you travel globally, don’t forget to try local street food. It is the best way to save some money and enjoy the local delicacies.
Additionally, buying groceries and cooking your meals can be extremely cost-effective. If you opt to dine out, look out for happy-hour deals, and don’t forget that tipping culture varies greatly depending on where you’re traveling in the world.
Other Expenses
Apart from the significant expenses mentioned above, some other expenses can be easily overlooked. These include visa applications, travel insurance, and activities or excursions you might want to undertake while traveling.
All these expenses also add up. Therefore, you must do some research beforehand to prevent budget malfunctions.
Final Thoughts
In conclusion, a six-month round-the-world trip can cost anywhere between $10,000 to $30,000, depending on your travel style and destination choices. However, remember that traveling doesn’t necessarily have to break the bank. With proper planning and budgeting, you can explore the globe without financial worries.
Therefore, before brainstorming bucket-list experiences and travel itineraries, take the time to budget and research your chosen destinations and preferred travel type. A well-planned trip not only adds to the ease of your travel experience but also ensures you don’t regret returning home with a depleted bank account.