This question really depends on who you are and how you intend to travel. Depending on your plans and desired level of comfort, you could spend a fortune or a pittance. It follows that longer trips will cost more than short ones, but it doesn’t mean that long trips have to be blow-out expensive.  And while longer trips will cost more overall, on a day-by-day basis the airfare expense ends up being cheaper – you spread the price over a greater number of days.

To give a little perspective, the average AirTreks ticket is between $2500 and $3500 per person. Some go above this and it’s certainly possible to get under, but the overall cost of your trip really depends on its complexity and your style of travel.

One thing you can guarantee is that your airfare will be a set price, paid for in a lump sum, exiting your budget numbers once it’s done. Daily expenses are something you need to keep your eye on because this can be what forces you to do something like cut your trip short if you run out of money.

David Lee, an around-the-world traveler and founder of the four-year-old travel blog Go Backpacking, put together a public spreadsheet with information on costs associated with RTW travel. This should come as an excellent tool to judge the amounts someone should budget for their own trip.

One way to calculate the trip cost for your trip is to designate each place you’re going, then consider how much you’ll be spending there per day, multiply that number by two (a buffer for necessaries and incidentals), add it to your airfare quote and you should have a good idea how much you’re trip will be in total.

Continue the in the budget section – How Much Should I Take With Me