Financial tips for traveling through Peru can make the journey even more rewarding, especially when you start your adventure in Cusco. This ancient city, once the heart of the Inca Empire, offers a perfect mix of history, culture, and vibrant local life. But to enjoy it fully without breaking the bank, smart financial planning is key. Here’s a guide with practical tips to help you make the most of your budget while discovering the true essence of Cusco and beyond.
Financial tips for traveling: Start in Cusco
Authentic Experiences Without Overspending Cusco welcomes you with its cobblestone streets, colonial architecture, and a rich atmosphere of tradition. From exploring the iconic Plaza de Armas to wandering through the artisan district of San Blas, the city offers countless experiences that don’t require a big budget. Choose walking tours, free cultural events, and public viewpoints to enjoy the city authentically and affordably.
Plan Ahead and Set a Daily Budget Planning is your financial ally. Set a realistic daily budget covering food, transport, entrance fees, and a little extra for surprises. Booking your accommodations and key tours in advance—especially during low season—helps secure better prices. Sites like Sacsayhuamán and Qorikancha are more accessible during weekdays and off-peak hours. With the right timing, you can enjoy world-class sites without inflated costs.
Understand and Use the Local Currency Get familiar with the Peruvian sol before you arrive. Avoid changing large amounts at the airport, as exchange rates tend to be unfavorable. Instead, use reputable exchange houses in Cusco or withdraw from trusted ATMs. Handling soles gives you a better grasp of local prices and avoids confusion when paying in restaurants, markets, or taxis.
Enjoy the authentic flavors of Cusco
Eat Like a Local and Taste the Culture Peruvian cuisine is world-renowned, and Cusco offers flavors you can’t miss. Skip overpriced tourist spots and eat where locals do. Try menus del día (set meals) at family-run eateries, or grab a quick bite at San Pedro Market. Enjoying a hearty meal like lomo saltado or a vegetarian kapchi de habas can cost less than you think, and often includes a drink.
Talk to your hostel staff or local guides for dining recommendations. You’ll discover delicious, authentic food at fair prices while also supporting small businesses.
Negotiate Respectfully and Travel Like a Local Bargaining is part of the market culture in Peru, especially in places like the San Blas craft market. Always negotiate with respect, and you’ll often get a better price—and a more personal connection with the seller.
For transportation, consider public buses or shared colectivos over taxis. Not only is it cheaper, but you’ll also get to see the real daily life of Cusco’s residents. Apps like InDriver and Cabify can help you compare prices and avoid overpaying.
You don’t have to spurgle to enjoy
Stay Smart with Accommodations Look for hostels or guesthouses that offer communal kitchens and free walking tours. Staying in areas like San Blas or near the Plaza de Armas reduces your transportation costs while keeping you in the cultural heart of the city. Cooking your own meals occasionally also helps stretch your budget further.
Discover Culture Without the Cost Cusco is full of free or low-cost cultural events and historical sites. Walk through ancient streets, attend local festivals, or visit museums with student or weekday discounts. Some churches and archaeological sites offer reduced prices during specific times of the year.
Keep Track and Stay Flexible Use a travel app or spreadsheet to monitor your expenses. Adjust daily if needed. If you overspend one day, balance it out by doing free activities the next—like a sunset walk to the Cristo Blanco viewpoint or visiting local artisan fairs.
Stay open to changing your plans. Some of your best experiences may come from spontaneous moments—like joining a traditional dance in the street or sharing coca tea with a new friend in a quiet plaza.
Final Financial tips for traveling to Perú
- Carry a mix of cash and card, and use ATMs inside banks for safety.
- Ask about discounts for students, groups, or during off-peak hours.
- Take advantage of hostel message boards for group tours and travel tips.
- Interact with locals—they often offer advice no guidebook can.
- Book in advance during high season to avoid inflated prices.
Make Every Sol Count Traveling through Peru, especially in Cusco, doesn’t require a big budget—it requires smart choices. With a bit of planning, cultural curiosity, and flexibility, you’ll enjoy unforgettable experiences without the stress of overspending. Let every sol you spend be an investment in learning, connection, and discovery.
Cusco is waiting for you. Embrace its colors, tastes, and traditions while staying financially wise. Your journey through the heart of the Andes will leave you not only with lasting memories—but with skills to travel better, longer, and smarter.
