budget your cash on vacation

How Much Cash Should You Carry In these 6 Cities

In Travel by Continental StaffLeave a Comment

Budgeting for a trip can be tough, but knowing how much you’ll be spending per day can help you decide how much cash to bring per day. Read on for some basic costs, risks, and tips for budgeting your cash for a vacation in these six popular cities from around the world!

London, England

budget your cash in London England

London is one of the more popular and expensive cities in Europe to visit. You can expect to spend anywhere from 50-150 pounds ($90-$240) a day. Here are a few costs to keep in mind when budgeting your cash:

  •         Meals per day cost an average of £28 ($45 CAD)
  •         Hostel per night costs £33 ($150 CAD)
  •         Hotel per night costs £90 ($55 CAD)
  •         An Oyster Card (for transit) costs £36 ($60 CAD)

Tipping in England is not as expected as it is in North America. If you order a drink from a bar, you’re not expected to tip. But, if you’re at a sit-down restaurant, it’s customary to tip about 10%.

ATMs are everywhere and most places accept debit or credit. However, your bank will likely charge you service fees and exchange fees.

As with any city, London is home to a few pickpockets. Especially on public transit. However, it is relatively safe, and the risk of getting mugged or pickpocketed are low-medium.

HOT TIP: Buy the currency you need before you travel. Banks overseas will charge more!

Mexico City, Mexico

budget your cash in Mexico City

With tons of museums, culture, and history, Mexico City is an affordable and exciting destination. You can expect to spend about 767 Mexican pesos ($50 CAD) per day. Here are a few costs to keep in mind when making your budgeting your cash:

  •         Meals per day cost about M$157 ($15 CAD)
  •         Hotels per night cost about M$153 ($25 CAD)
  •         Hostels per night coast about M$366 ($11 CAD)

Tipping is not as common or expected in Mexico. However, for good service at a restaurant, about 10% is the norm.

ATMs are everywhere in Mexico City. However, they’re not always safe. It’s best to go to one at an actual bank (bonus points if it’s your bank so you avoid the service fee).

Pickpockets and theft are somewhat common in the city. However, the risk is still low-medium. Certain areas are worse than others, so do your research!

HOT TIP: Buying and taking more currency than you need is better than not taking enough. You can sell back your leftover cash when you get home.

Buenos Aires, Argentina

budget your cash in Buenos Aires

Argentina’s big, bold, and beautiful capital is an absolute must-see for anyone travelling in South America. You can expect to spend about 4,600 Argentine pesos ($140 CAD) per day. Here are a few costs to keep in mind when making your budgeting your cash:

  •         Meals per day cost about AR$788 ($18 CAD)
  •         Hostels cost M$952 per night ($30 CAD)
  •         Hotels cost about M$2,188 per night ($65 CAD)

Tipping is fairly common in Argentina and a little gratuity is expected. A 10% tip is customary. ATMs are easily accessible but not overly safe.

Pickpocketing and theft is somewhat common. Transit especially can be a pickpocket hotspot. The risk is medium-high.

HOT TIP: Familiarize yourself with the local currency so you don’t accidentally pay with the wrong note.

Kyoto, Japan

budget your cash in Kyoto Japan

With 14 historic locations on UNESCO’s World Heritage list, bath houses, temples, and parks, Kyoto is one of the most beautiful cities in Asia. You can expect to spend about ¥3,794 to ¥8,975($45 CAD to $110 CAD) per day. Here are some costs to keep in mind when budgeting your cash:

  •         Meals per day cost about ¥2,379 ($30 CAD)
  •         Hostels per night cost about ¥2,380 ($30 CAD)
  •         Hotels per night cost ¥5,600 ($70 CAD)

Tipping in Japan is not expected or normal. Like any major city, most places in Kyoto accept debit and credit cards and there are lots of ATMs around the city.

Kyoto is an incredibly safe city. However, it is still a city, so pickpocketing does occasionally happen. Although, the risk is quite low. Tourist scams and muggings are also very rare.

HOT TIP: Spend your change. Coins can’t be exchanged when you come back.

Accra, Ghana

budget your cash in Accra Ghana

Located right on the Atlantic coast, Accra is home to stunning beaches, great markets, and affordable tourism. You can expect to spend about GH¢51 ($12 CAD). Here are some costs to keep in mind when making your budgeting your cash:

  •         Meals per day cost about GH¢18 per day ($5 CAD)
  •         Hotels per night cost GH¢18 ($5 CAD)

Tipping is not common in Ghana. However, at upscale restaurants, a small tip is expected (about 5-10%). While there are plenty of banks to withdraw cash from in Accra, they will charge you an arm and a leg in exchange and service fees.

Theft is a major problem in Ghana and tourists are often targeted. Mugging and even sexual assault, especially at night, are risks. Keep your wits about you, don’t wear flashy jewelry, and don’t try to talk your way out of a mugging.

Know how to spot a pickpocket and scam and how to avoid them.

HOT TIP: Leave your cash in your hotel room (or somewhere safe) and only take out what you’ll need for the day.

Adelaide, Australia

budget your cash in Adelaide Australia

With over 200 wineries, a chocolate factory, museums, shops, parks, beaches, and tons to do and see, Adelaide is a great tourist destination. You can expect to spend about $80 Australian dollars ($74 CAD) per day. Here are some costs to keep in mind when budgeting your cash:

  •         Meals per day cost about AU$35 ($30 CAD)
  •         Hotels cost about AU$40 per night ($35 CAD)
  •         Hostels cost AU$16 per night ($14 CAD)
  •         Bus shuttle tickets cost AU$6

Tipping is not overly common in Australia since tourism workers make decent wages and do not expect gratuities. However, small tips are more than welcome for exceptional service.

Pickpocketing and petty crime is not common in Australia. The risk is quite low. However, car hopping is a little more common. So, if you’re renting a car, make sure you lock the doors and hide your valuables (or don’t leave them in the car).

HOT TIP: Keep a currency converter handy so you can figure out how much something is costing you in Canadian dollars.

Stay Informed. Stay Current.