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30 Mar 2011
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Join Date: Aug 2008
Location: Aus. Qld. Mackay
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Ummmmmmmm
Turbocharger & Tmotten 1 question: have you heard of Gillard & Abbott ?
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30 Mar 2011
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Join Date: Sep 2007
Location: Cairo
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The CNN Money website seems to be somewhat out of date.
In Egypt fuel is now twice what it states, as is the UK.
Maybe a more recent one would apply better.
One thing as regards costs that rarely seems to be factored in to calculations is the varied costs of chocolate and ice cream. It may not be important to you, but it is to me.
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30 Mar 2011
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Especially if you don´t camp & cook your own food, where you are really makes a huge difference in costs.
Generally speaking, western and northern Europe are probably the most expensive places on the planet. Followed closely by other parts of Europe, USA & Oz. But big cities can be very expensive everywhere.
Some places in Asia, you could stay almost a week for the price of what you usually end up paying in Europe. But of course the standards of accommodation, eating out, etc., are not 100% comparable.
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30 Mar 2011
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Join Date: Jul 2008
Location: Aussie expat in Switzerland half way RTW
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Quote:
Originally Posted by PaulD
Turbocharger & Tmotten 1 question: have you heard of Gillard & Abbott ? 
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I'm glad someone can see the humour here.
IMHO the more details you give about prices on a RTW the more wrong you will be due to inflation, exchange rates, current economic situation of the country, and when you factor in that everyone has a completely different budget and spending profile it is next to impossible to predict the exact costs. In any budget or forecast you must factor in +20-25% and then to be safe have an emergency fund 'just in case'.
Since the topic of Travel Guides was brought up then let's face the fact that all travel guides are only correct at the time of publication and yet they have been publishing for decades so they should know what a realistic budget is for the country in question but still get it wrong. My point is prices are the first thing to go out of date.
A higher estimate is always better than a lower one. With the leftover $$$ buy a few  s or take your hosts (if/when you get invited as guests) out for a dinner, they'll definitely appreciate it.
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