16 Cheapest Countries in The Americas to Travel (+Daily Budgets!)
Traveling through the Americas doesn’t have to break the bank. In fact, some of the cheapest countries in the Americas offer incredible adventures, rich cultures, and stunning landscapes—all at prices budget travelers will love.
So if you’re craving lush rainforests, vibrant cities, or pristine beaches—These destinations prove that affordable travel is possible! Let’s gooo…
Table of Contents
Before We Start Talking About The America’s Cheapest Countries:
- These numbers are averages derived from various sources, including research, traveler input, Numbeo and personal trips. Adjust based on how you prefer to spend.
- Transport costs are for local travel and basic intercity rides. If you’re taking taxis or buses frequently, plan for extra expenses.
- Slower travel often means lower costs. Faster trips can result in more spending, especially on transport and quick meals.
- The estimates cover essentials like food, lodging, and transport, with a few attraction fees included. They don’t include flights, visas, or travel insurance, so account for those separately.
- Budget accommodations (e.g., hostels, basic guesthouses) are included. Private rooms or high-end stays require a bigger budget.
- Meals are calculated for local eateries. Dining at upscale places or having regular drinks will push costs up.
- Use these numbers as a framework for budget backpacking and tweak them based on your travel style.
1. Mexico
Mexico offers culture, flavorful cuisine, and friendly locals, making it a fantastic and affordable destination.
With colonial towns, stunning beaches, and natural wonders like volcanoes and rainforests, it’s easy to see why over a million Americans call it home.
I’ve lived in Sayulita and Puerto Vallarta and a month in Puerto Escondido. I love Mexico and I keep coming back!
Highlights in Mexico
- Kayak the shimmering waters of Laguna Bacalar
- Summit Pico de Orizaba, North America’s third-highest peak
- Swim in cenotes on the Yucatan Peninsula
- Explore the foodie capital of Oaxaca
- Visit Ek Balam Mayan ruins for stunning jungle views
Daily Spending
- Meals:$6-$12
- Accommodation: $10-$25
- Transport: $5-$15
- Entry fee to Teotihuacan: $4-$5
- Entry fee to Chichén Itzá: $33-$34
- Estimated daily budget: $40
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2. Guatemala
Costa Rica might steal the spotlight in Central America, but Guatemala is a gem that deserves your attention.
With lively culture, ancient Mayan ruins, and stunning natural landscapes, Guatemala offers a mix of adventure and charm at a fraction of the cost.
Highlights in Guatemala
- Explore the Mayan ruins of Tikal
- Stroll the colorful streets of Antigua
- Relax by the serene waters of Lake Atitlán
- Swim in the turquoise pools of Semuc Champey
- Marvel at the impressive geologic formations of the LanquÃn Caves
Daily Spending
- Meals: $10-$12
- Accommodation: $8-$12
- Transport: $3-$8
- Entry fee to Tikal Ruins: $22
- Entry fee to Semuc Champey: $6.55
- Estimated daily budget: $35
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3. Nicaragua
Nicaragua is a nature lover’s paradise with a touch of adventure. You can go surfing, hiking volcanoes, or just chill on the beautiful beaches. Nicaragua offers a stunning and affordable visit.
Highlights in Nicaragua
- Hike the active Masaya Volcano
- Sail to the island of Ometepe
- Surf at Playa Maderas
- Explore the colonial city of Granada
- Board down the slopes of Cerro Negro
Daily Spending
- Meals: $10-$12
- Accommodation: $10-$20
- Transport: $3-$8
- Entry fee to Masaya Volcano National Park: $10
- Estimated daily spending: $30
4. Costa Rica
Costa Rica, known as the Switzerland of Central America, offers world-class beaches, lush jungles, and a thriving expat community. It’s perfect for those seeking adventure and a laid-back tropical lifestyle.
But I must admit, it’s certainly one of the least affordable ones on the list. It’s a bit expensive if you’re asking me. With that said, most will still find it pretty affordable compared to back home, so I included it anyway!
Highlights in Costa Rica
- Explore Cahuita National Park
- Zipline through the Monteverde Cloud Forest
- Surf in Puerto Viejo
- Hike, soak, and play around Arenal Volcano
Daily Spending
- Meals: $10-$25
- Accommodation: $15-$30
- Transport: $5-$15
- Entry fee to Cahuita National Park: $5
- Estimated daily spending: $50
READ MORE:
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5. Panama
Panama is a small but mighty Central American country known for its stunning Caribbean beaches, vibrant cities, and welcoming expat community.
With a mix of natural beauty and modern amenities, it’s an excellent destination for travelers seeking adventure and culture.
I included Panama on my list of the cheapest countries in the Americas, but you’ll want to be careful of your budget here. Things can get a bit pricier.
Highlights in Panama
- Tour the iconic Panama Canal
- Relax in the tropical paradise of Bocas del Toro
- Hike through the Chiriquà Highlands
- Explore the rainforest in Parque Natural Metropolitano
Daily Spending
- Meals: $10-$25
- Accommodation: $15-$20
- Transport: $5-$10
- Entry fee to the ruins of Panama Viejo: $10
- Bike rental along the Amador Causeway: $10-$20
- Estimated daily budget: $45
6. Colombia
Colombia has transformed into one of South America’s most dynamic and welcoming destinations. From vibrant cities to pristine natural landscapes, this country offers a perfect mix of culture, history, and adventure.
I lived in Medellin for a few months and then had an incredible few weeks traveling around the south of Colombia!
Highlights in Colombia
- Marvel at the street art in MedellÃn
- Visit the coffee region and tour family-owned farms
- Unwind at Tayrona National Park
- Trek the Paramo for insane views
- Explore the colorful streets of Cartagena
Daily Spending
- Meals: $8-$15
- Accommodation: $10-$15
- Transport: $2-$15
- Coffee Farm Tours: $6-$20
- Estimated daily budget: $25
READ MORE: 2-Week Colombia Itinerary: Exploring the Andean Coffee Region
7. Ecuador
Ecuador is a dream destination for those seeking natural wonders and a relaxed lifestyle. You can explore the Galápagos Islands, the Andes Mountains, and the bustle of Quito in a compact country.
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It’s my happy place to go surfing. I’ve spent around 6 months just chilling, surfing, and learning Spanish in Ecuador.
Highlights in Ecuador
- Explore the enchanting Galápagos Islands
- Hike through Cajas National Park
- Visit the Cotopaxi Volcano
- Relax in the hot springs of Baños
- Wander the colonial streets of Quito
Daily Spending
- Meals: $8-$12
- Accommodation: $6-$15
- Transport: $2-$10
- Surf rental: $5/hour
- Estimated daily budget: $30
READ MORE:
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8. Peru
Peru is a land of contrasts, offering everything from ancient ruins to breathtaking landscapes. Whether exploring the Amazon rainforest or hiking the Inca Trail, Peru is an adventure waiting to happen.
Highlights in Peru
- Hike to the awe-inspiring Machu Picchu
- Explore the Sacred Valley
- Discover the floating islands of Lake Titicaca
- Visit the vibrant city of Cusco
- Take a flight over the Nazca Lines
Daily Spending
- Meals: $8-$10
- Accommodation: $10-$20
- Transport: $2-$10
- Surfing classes: $25-$35
- Estimated daily budget: $35
9. Bolivia
Bolivia is a land of dramatic landscapes and unique experiences. You have to visit the iconic Salt Flats, some fo the cool local markets, and tackle some hiking!
Highlights in Bolivia
- Marvel at the otherworldly Salar de Uyuni Salt Flats
- Explore the bustling markets of La Paz
- Visit the historic city of Sucre
- Experience the vibrant culture of the Andes
- Take a boat ride on Lake Titicaca
Daily Spending
- Meals: $6-$15
- Accommodation: $7-$12
- Transport: $8-$15
- Entry fee to the Pampas: $20
- Estimated daily budget: $30
10. Argentina
Argentina is a country of contrasts, from the cosmopolitan vibe of Buenos Aires to the natural wonders of Patagonia. It’s a paradise for food lovers, adventurers, and culture seekers alike.
Highlights in Argentina
- Marvel at the majestic Iguazú Falls
- Explore the vibrant neighborhoods of Buenos Aires
- Visit the breathtaking Perito Moreno Glacier
- Discover the wine region of Mendoza
- Hike the rugged trails of Patagonia
Daily Spending
- Meals: $8-$16
- Accommodation: $8-$20
- Transport: $3-$16
- Entry fee to Iguazú Falls National Park: $32
- Estimated daily budget: $30
11. Chile
Chile is a land of incredible diversity, stretching from the arid Atacama Desert to the glaciers of Patagonia. Its modern cities and unspoiled nature make it a perfect destination for all types of travelers.
Highlights in Chile
- Explore the vibrant city of Santiago
- Marvel at the otherworldly landscapes of the Atacama Desert
- Visit Torres del Paine National Park
- Discover the unique island culture of Easter Island
- Stroll along the colorful streets of ValparaÃso
Daily Spending
- Meals: $8-$12
- Accommodation: $10-$15
- Transport: $2-$10
- Entry fee to the El Tatio geysers: $19-$20
- Camping in Torres del Paine National Park: $8-$30
- Estimated daily budget: $45
12. El Salvador
El Salvador is a compact country with a big appeal for budget-conscious travelers. Known for its stunning Pacific coastline, active volcanoes, and friendly locals, it’s an adventure-packed destination where your money goes a long way.
Highlights in El Salvador
- Catch world-class waves at El Tunco Beach
- Hike the trails in Cerro Verde National Park
- Explore the charming towns along the Ruta de las Flores
- Marvel at the beauty of Lake Coatepeque
- Visit the ancient Mayan site of Joya de Cerén
Daily Spending
- Meals: $5-$10
- Accommodation: $8-$15
- Transport: $2-$6
- Entry fee to Tazumal Ruins: $3
- Surfboard rental at El Tunco: $10/day
- Estimated daily budget: $30
13. Honduras
Honduras is an underrated destination that offers incredible value for adventurous travelers. With the stunning Bay Islands offering some of the cheapest diving in the world and lush jungles perfect for exploration, there’s something for everyone. The vibrant cities of Tegucigalpa and San Pedro Sula also provide cultural immersion on a budget.
From exploring Mayan ruins to swimming in crystal-clear Caribbean waters, Honduras is a hidden gem waiting to be discovered.
Highlights in Honduras
- Scuba dive or snorkel in Roatán and Utila
- Explore the ancient Mayan ruins of Copán
- Discover the biodiversity of Pico Bonito National Park
- Relax on the white-sand beaches of Cayos Cochinos
- Visit the charming town of Gracias
Daily Spending
- Meals: $5-$10
- Accommodation: $8-$15
- Transport: $2-$6
- Entry fee to Copán Ruins: $10
- Diving day trip in Utila: $30-$50
- Estimated daily budget: $30
14. Paraguay
Paraguay is one of South America’s most affordable and underrated destinations. With its mix of colonial towns, vast grasslands, and rich indigenous heritage, this off-the-beaten-path gem is perfect for budget travelers.
Highlights in Paraguay
- Wander through the historic streets of Asunción
- Visit the UNESCO-listed Jesuit Missions of La SantÃsima Trinidad
- Explore the Chaco region’s unique wildlife
- Admire the stunning Monday Falls
- Shop for handmade crafts at Areguá
Daily Spending
- Meals: $5-$10
- Accommodation: $8-$15
- Transport: $2-$5
- Entry fee to La SantÃsima Trinidad Jesuit Ruins: $3-$4
- Guided tour of Itaipu Dam: $6-$7
- Estimated daily budget: $30
15. Uruguay
Uruguay may be small, but it packs a lot of charm for budget travelers who visit during the off-season. From laid-back coastal towns like Punta del Diablo to the historic streets of Colonia del Sacramento, Uruguay provides a mix of relaxation and culture. Montevideo is a vibrant city that balances affordability with fun.
Highlights in Uruguay
- Stroll the cobblestone streets of Colonia del Sacramento
- Relax on the beaches of Punta del Diablo
- Enjoy the art and culture in Montevideo
- Visit the vineyards in the Canelones wine region
- Admire the seaside charm of La Paloma
Daily Spending
- Meals: $8-$15
- Accommodation: $12-$25
- Transport: $3-$10
- Entry fee to Colonia del Sacramento Lighthouse: $1-$2
- Winery tour in Canelones: $15-$20
- Estimated daily budget: $40
16. Belize
Belize may be known for its turquoise waters and barrier reefs, but its inland adventures are just as exciting and more budget-friendly.
Exploring ancient Mayan ruins, hiking lush jungles filled with wildlife, yummy local food… All surprisingly affordable, especially in smaller towns.
Highlights in Belize
- Snorkel or dive in the Belize Barrier Reef
- Explore the ancient Mayan ruins of Xunantunich and Caracol
- Hike through the jungles of Cockscomb Basin Wildlife Sanctuary
- Discover the incredible Actun Tunichil Muknal Cave
- Relax in the charming town of San Ignacio
Daily Spending
- Meals: $6-$12
- Accommodation: $10-$20
- Transport: $5-$10
- Entry fee to Xunantunich Mayan Ruins: $5
- Snorkeling trip to Hol Chan Marine Reserve: $25-$35
- Estimated daily budget: $35
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