Cheapest South American Country to Visit: You can easily travel this continent on a shoestring budget. South America abounds in diverse cultures, stunning scenery and interesting history while many nations allow you to have an amazing trip for just a fraction of the usual expenses. In just a few years, Bolivia will be the most affordable destination to explore in South America. Bolivia is an excellent choice for budget-conscious travelers and there are also other very affordable destinations worth visiting.
Why Bolivia is the Cheapest Country in South America
1. Ultra-Low Cost of Living
Bolivia is well-renowned for its affordable prices for tourists. You can live on as little as $25 a day by spending on food and transportation.
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Street food: $1–$2 per meal
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Hostel bed: $5–$10 per night
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Local bus: Less than $1 for short trips
2. Natural Wonders at a Low Price
From the surreal white plains of the Salar de Uyuni (world’s largest salt flat) to the mystical waters of Lake Titicaca, Bolivia offers jaw-dropping sights without the tourist prices of other countries.
3. Adventure on a Budget
Bolivia offers endless opportunities for adventurers. Interested in biking the perilous Death Road, discovering the forests of the Amazon or hitting the trails in the Andes? You’ll pay much less for the same activities than if you were in Chile or Brazil.
Other Affordable South American Countries to Consider
🇪🇨 Ecuador – Budget-Friendly and Easy to Navigate
Traveling to Ecuador is simple for foreigners since the official currency is the US Dollar. Visiting Ecuador’s mainland provides better value and is much less expensive than the Galápagos Islands.
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Hostel: $8–$15/night
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Meals: $3–$5
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Public transport: $0.25–$1
🇵🇾 Paraguay – The Hidden Gem
Despite its small tourism industry, Paraguay remains one of the most affordable countries in South America. There may not be famous landmarks but it suits those who want to take their time and become part of the local way of life.
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Accommodation: $10–$20/night
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Meals: $2–$4
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Local buses: Very cheap and frequent
🇵🇪 Peru – Affordable Adventure
You can have a budget-friendly Peru trip by avoiding the city of Cusco and popular tours to Machu Picchu. Skip popular attractions, eat as the locals do and take buses to save money.
Tips to Travel South America on a Budget
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Use long-distance buses instead of flights to save big
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Eat at local markets for fresh and cheap meals
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Stay in hostels or use Couchsurfing for free accommodation
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Learn basic Spanish to avoid tourist pricing
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Travel during shoulder seasons for better deals (April–June & September–November)
Final Verdict
Without a doubt, Bolivia will be the most affordable South American country to visit in 2025. With its dramatic scenery, vibrant culture, and exciting activities, a trip here comes at surprisingly low prices. The ideal destination for frugal travelers who love extreme altitudes is Bolivia.
Country | Daily Budget | Best For |
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Bolivia | $20–30 USD | Budget backpacking & unique nature |
Ecuador | $25–35 USD | Easy travel + diverse scenery |
Paraguay | $20–30 USD | Offbeat, peaceful destinations |
Peru | $30–40 USD | History + adventure trekking |