Yes, it’s true – visiting a foreign country can be cheaper than living at home. Depending on your travel style and your destination, traveling abroad can be significantly cheaper than the sum of all of the costs associated with living in the U.S.
Our infographic, Traveling Abroad is Cheaper than Staying Home, shows how the costs stack up. We compare the cost of living in five U.S. cities to the average costs of travel in five different countries around the world. The results can be quite surprising and inspirational.
Many travelers take off every year, leaving their jobs, homes, and belongings behind to experience the joy of long term travel. Hopefully some of these statistics in our infographic will encourage you to do the same. If you can give up your job for a little while (or if you’re unemployed), and can minimize your expenses at home, travel can become a financial reality.
I was honored to be on the panel of speakers at Meet Plan Go in Austin, and it was a great event. I hope everyone learned something and became inspired to travel! Naturally, I spoke primarily about budgeting (being the co-found of Budget Your Trip and all that).
Keith Savage, in his own words, “had an amazing vacuum of spirit.” He realized that there was more to life than his 9 to 5 job and set out to travel. I recently had the opportunity to find out more about his plans and motivations.