Last Updated on January 17, 2020
6. Chile
© Azamara Last year, the value of the peso dropped massively, making it very weak compared to the U. S. dollar (the peso is now 33% undervalued against the dollar). This happened due to the political instability that the unfavorable economic cycle has brought to the country.
If you can find a cheap flight to Chile, don’t hesitate to book the tickets. Accommodation is really inexpensive (there are many four-star hotels that cost less than 40$ a night during off-season) and you can have amazing meals in mid-range restaurants for less than 10$.
7. Colombia
© Wikimedia Commons After being known for many years as a dangerous country for tourists due to its kidnapping and extortion statistics, Colombia had to fight really hard to take back that reputation.
Don’t get us wrong, it is still far from being as safe as most developed countries. But in the last couple of years, it has been gaining new interest among tourists for its cheap accommodation and activities. Whether in Bogotá, Cartagena, or Medellín, you will certainly find something interesting to see in this splendid country.
8. Costa Rica
© National Geographic Costa Rica is a country that every American should visit at least once given its geographical proximity and low cost: on average, visiting Costa Rica costs tourists under 50$ per day. It is also one of the safest places in Latin America, has an amazing quality of life, and offers a wide variety of landscapes for you to see – from outstanding beaches to rainforests and volcanos.
