Quito

Quito is a high-altitude dream for budget travelers, offering a gritty but beautiful urban experience wrapped in the Andes. In February 2026, the vibe is electric as the city gears up for Carnival, bringing street parties and more affordable local events. Backpackers will find some of the best value for money in South America here. You can find excellent hostel beds in the Mariscal or the Historic Center for under $12, often including breakfast. For food, head to the local 'mercados' like Mercado Central, where a massive 'almuerzo' (set lunch) with soup, juice, and a main dish costs just $2.50 to $3.50. Free activities are abundant: wandering the world’s best-preserved Spanish colonial center, hiking up to the Cruz Loma via the Telefériqo (though the cable car has a small fee), or visiting the various free museums in the Old Town. To save money, use the Trolebús system which costs pennies and stretches across the entire city. Avoid the tourist traps around Plaza Foch for dinner and eat where the locals stand in line for 'hornado' (roasted pig). A daily budget of $28 allows for a comfortable hostel stay, two local meals, a few beers, and public transport, leaving room for the occasional paid excursion to the Cotopaxi volcano or the Middle of the World monument.