How to Find Cheap Places to Stay: Best Hostels South America (Budget Picks & Real Costs)

South America is a treasure trove for budget travelers seeking unforgettable experiences without draining their wallets. From the pulsating nightlife of Buenos Aires to the enchanting landscapes of Patagonia, this continent is filled with vibrant culture, stunning scenery, and, most importantly, affordable accommodations. In this guide, I’ll share the best hostels in South America for 2026, along with practical advice on planning your journey, local insights, and safety tips to ensure you make the most of your adventure.

What Are the Average Costs of Hostels in South America?

When planning your trip, understanding the average cost of hostels across South America is crucial. Prices can vary significantly based on location, time of year, and amenities offered. On average, you can expect to pay:

• Buenos Aires: Around 1,500 ARS ($4.50) per night for a dorm bed
• Cusco: Approximately 40 PEN ($11) for a shared room
• Rio de Janeiro: Roughly 70 BRL ($14) for a bunk in a lively hostel
• Bogotá: About 35,000 COP ($9) for a dormitory spot
• Santiago: Costs can range from 12,000 CLP ($15) to 25,000 CLP ($30) depending on the area and season

This variety means that if you’re keen on saving money, you can easily find budget-friendly options that don’t compromise on comfort or atmosphere.

Top Budget Hostels for Backpackers in South America

Here’s a rundown of some of the best hostels in popular South American destinations, perfect for budget-conscious travelers:

• Milhouse Hostel, Buenos Aires - Starting at 1,500 ARS ($4.50), this hostel is renowned for its lively social scene and free walking tours. The communal kitchen is a huge plus for saving on meals.
• Selina, Cusco - With dorm rates around 40 PEN ($11), Selina offers a trendy vibe and is located near the historic center. Check out their coworking spaces if you're a digital nomad!
• Che Lagarto Hostel, Rio de Janeiro - Prices start at 70 BRL ($14). Located in Ipanema, it’s perfect if you want to hit the beach and enjoy local nightlife.
• La Pinta, Bogotá - A cozy spot with rates around 35,000 COP ($9), it’s ideal for those wanting to explore the vibrant La Candelaria district.
• Hostal Providencia, Santiago - Prices range from 12,000 CLP ($15) to 25,000 CLP ($30), depending on the season. This hostel is known for its friendly staff and great communal spaces.

How to Get Around South America on a Budget

Transportation can be a major expense, but savvy travelers can navigate South America without overspending. Here are some practical tips:

• Public Transport: In cities like Buenos Aires, use the E metro line from the airport to downtown for just 50 ARS ($0.15) and the Subte (subway) for around 30 ARS ($0.08) per ride. In Bogotá, a TransMilenio ticket costs about 2,300 COP ($0.60).
• Long-Distance Buses: Companies like Andesmar and Flechabus offer extensive routes with fares from Buenos Aires to Mendoza starting at approximately 2,000 ARS ($6).
• Budget Airlines: Look for domestic flights with airlines like Gol and LATAM, which can range between 2,500 ARS ($7) and 6,000 ARS ($18) if booked in advance.
• Bicycle Rentals: In neighborhoods like Palermo, renting a bike can cost around 600 ARS ($1.80) per day, giving you a unique way to explore.

What to Eat While Traveling on a Budget

South American cuisine is not just delicious but also budget-friendly. Here are some must-try dishes and where to find them:

• Asado: In Buenos Aires, head to El Chivito for a filling meal at around 600 ARS ($1.80).
• Pizza: Grab a slice at Guerrin in Abasto for about 300 ARS ($0.90), a local favorite.
• Empanadas: Try El Sanjuanino where each empanada costs around 100 ARS ($0.30) – they’re delicious and perfect for a quick snack!
• Street Food: Don’t miss trying local street food markets; you can find filling meals for under 10,000 COP ($2.50) in Colombia.

Safety Tips for Hostel Travelers in South America

While South America is generally safe for travelers, it’s essential to stay vigilant. Here are some tips:

• Keep your valuables secure; use lockers provided by hostels.
• Traveling at night? Stick to well-lit areas and avoid empty streets.
• Always have a backup plan for transportation, especially in unfamiliar areas.
• Engage with other travelers; they can share real-time safety tips and experiences.

How to Find the Best Hostel Deals in South America

Finding the best deals requires a little research. Here’s how to snag great rates:

• Book Early: Especially during peak tourist seasons, book your accommodation in advance to secure lower rates.
• Use Hostel-Specific Platforms: Websites like Hostelworld and Booking.com often have exclusive deals and user reviews that can guide your choice.
• Check for Membership Discounts: Some hostels offer discounts for members of organizations like Hostelling International.
• Follow Social Media: Many hostels promote special offers through their social media channels, so keep an eye out!

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