Hi Guys,
Obviously the way you conduct your trip (Standard of accommodation, amount of time you spend on the road versus staying put, activities you take part in etc) will dictate to a huge degree how much you are going to spend on the road.
We are into the last 2 weeks of a 12 month RTW trip so i can let you know how it went for us. Background info though, we travelled as a couple, mid 30's, stayed in private rooms almost exclusively, but in hostels, ate out almost exclusively in typical restaurants (except for some nights in small places in Central America with no restaurants). We bought a RTW flight ticket for flexibility, but bought a few flights on the way where it was appropriate (Flying in Asia is cheap). We had quite a few expensive visas to incorporate as we hit Russia, Uzbekistan, Kazkhstan, China, Vietnam, Cambodia & Laos.
Our route: Start in St. Petersburg - Train to China (Which we booked through a company called Vodkatrain) - 6 weeks China - 1.5 months Malaysia & Thailand - 2 months India - 1 month Nepal trekking - 3.5 months Vietnam / Cambodia / Laos - Tokyo & LA 1 week - 3 months Central America - 2 weeks Colombia - 1 week Buenos Aires.
Our total spend for the year is going to come in somewhere around £30k for both of us including everything. I would definitely say though that we haven't roughed it too too much, although we have kept on the go for most of the year.
Other budget bits we have learned: It will be cheaper if you stay put somewhere and volunteer for a bit, it sounds silly but travelling is far more expensive than staying put.
We like to eat and it is a huge part of our travel experience. Therefore, we ate out as much as possible. In Asia, many hostels don't have kitchens, but that doesn't matter too much as you can eat really cheaply there. In Central America, there is a bit more of a benefit cost wise to eating in, especially in Panama & Colombia.
India is by far the cheapest country we visited. Any visit there will drop your average spend hugely. As we have moved South in Central America, costs have gradually crept up.
But most important I think is to have a contingency (treat) fund, something you maybe don't plan to spend but don't mind spending if something comes up. Some of these places you may only visit once, so why miss out on an amazing experience or activity for the sake of saving $20 / $50 / $100? The thing you are missing might be the best thing you do all trip and live with you far longer than the cost.
Don't sweat the costs too much, it won't be the most important thing you remember 2 or 5 years after the trip is done. Your lifestyle will adapt in each country based on the costs and the standards you are prepared to put up with. If a country is proving far too expensive for you, you probably won't enjoy it anyway as you can't relax properly and so will probably move on. We have met people who have travelled for much less that we did.
I hope in some way this helps. If you need any more detailed breakdown, please let me know.
Mike
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