To cut a long story short, the approximate budget for a trip around the world is £20,000. This figure includes accommodation, food, and transport. Given below is the break-up of this figure explaining where and how much money has been put into each of these categories.
- Travel documents –
- Vaccinations are a large part of the total costs. When you travel internationally, you need to get several of them. Some examples are Rabies (£120-£165), Japanese encephalitis (£180), yellow fever (£60) and hepatitis B (£50).
- Visa prices vary from one nation to another, and in some countries, you can even get through without one. The most common tourist visa fees are; Thailand (£20), Vietnam (£33), India (£100) and Russia ( £185).
- Accommodation –
Assuming you’ll be residing in hostels, here are a few price estimates for the same. Traveller hostels in India cost only £3-£4 a night, that is, under £100 for a whole month. In parts of South East Asia & South America, it is around £10, the US and parts of Western Europe demand a budget of about £30-£40 a night. Your accommodation costs largely depend on the economic state of affairs in the country you’re visiting. Developing and under-developed countries are always cheaper in comparison to the developed nations.
- Transport –
Pre-booking and choosing round-trip flights is a good option. You can surf websites that offer flights at discounted rates or even take the help of a travel agent to get the job done. Pre-planning alongside your agent can bring your ticket prices to and fro six continents to under £3000. If time is not a bugging issue, you can also opt for trains or buses that may require long hours of travel. It can help cut costs. Overnight buses and trains around South East Asia can cover thousands of miles for £10 per journey. Or else, an Interrail pass can take you around Europe starting from £200.
- Food and drinks–
When you travel, always eat local to keep it pocket-friendly. In Asian countries, local eateries are incredibly cheap costing just about £1. In more expensive countries like Australia, a meal will cost you around £20 to £30. In countries such as Thailand, you can get a whole bucket of alcohol for less than £5. On the other hand, a single Singapore Sling is £25.
- Tourist attractions and activities –
To travel is all about unique experiences, so do not ever try and save on this aspect. It is useful that most of the world-famous attractions are entirely free of cost. Considering you don’t have to spend much on the mainstream tourist spots, you can spend more on other unique and fun activities such as, a scuba diving course in Indonesia( £300), a tour to Ha Long Bay (£40), and the view from the top of the Empire State (£30).