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As you can imagine, we got this question pretty often. With a trip like this, it's a bit hard to say before you leave. Not including COBRA and items purchased before leaving, our "goal" was to spend no more than $20,000 and we promised ourselves we would come home early to keep the total under $30,000. Obviously this doesn't count the cost of not working for 6 months and now being unemployed. So let's see how we did.
| RTW Trip Spending Breakdown (from mint.com) | ||
| Travel (Other): | $13,027 | (Mostly foreign ATM transactions, we mostly used cash.) |
| Air Travel: | $5,763 | (Individual one-way tickets turned out to be less than RTW tickets) |
| Visas: | $892 | (not counting visas on arrival paid in cash) |
| Vaccines: | $262 | $477 spent and $215 reimbursed from insurance |
| Prescriptions: | $35 | $388 spent and $253 reimbursed from insurance |
| Travel Insurance: | $302 | (mostly just for medical evacuations) |
| HostelWorld: | $215 | (10% down for online reservation) |
| Total Spent: | $20,596 | |
So we are basically on budget, or near enough, though as you can tell from reading the blog, it was a challenging budget to stick to.
Of course, we spent a good bit of money on the trip before we left.
| RTW Trip All Expenses (from mint.com) | ||
| Total Above: | $20,596 | |
| COBRA: | $3,156 | (health insurance for February-July) |
| Clothes/Luggage: | $240 | (what we didn't already own) |
| Electronics: | $2,064 | (what we didn't already own: DSLR+lens, 2x Kindles, 3x 32GB SD cards, Mini Laptop, iPod Touch, 2x Mini Noise-Canceling Headphones) |
| Grand Total: | $26,057 | For two people traveling the world for 158 days. |
And worth every penny...
