• Tuesday , 27 June 2017
Expense Report: Peru

Expense Report: Peru

The RTW trip we are currently on can be done for less money but we are choosing to take the middle road. We offer these expense reports as a baseline for others to plan with.

We spent a total of $4,945.79 on living expenses and $3,431.73 for one-time expenses. We spent 74-nights in Peru and drove 4,795 miles. We drove more miles and camped less in Peru then any country to date and this is reflected in our fuel and accommodation costs. We camped 16% (12-nights), stayed in a hotel 69% (51-nights), and stayed with a friend 15% (11-nights) of the time.

Total – US$ Daily Average* Percent of total
Living Expenses
Fuel 833.56 11.26 17.00
Grocery/sundries 985.05 13.31 20.00
Prepared Food 984.37 13.30 20.00
Camping 93.69 7.81 2.00
Hotel 1,236.43 24.24 25.00
Communications 128.69 1.74 3.00
Incidentals 684.00 9.24 14.00
Living subtotal $4,945.79 $66.83
One-time expenses
Border 195.09
Repairs/maintenance/parts 197.36
Shipping 0
Other 3,039.38
One-time subtotal $3,431.73
 
Average fuel price per gallon $4.09
*Camping and hotel average is per night based on number of nights camping or hotel

The average exchange rate we received was 3.20 Peruvian Soles per US dollar. We use ATMs to retrieve our funds and we do not have ATM fees as they are reimbursed to us (Charles Schwab checking account).

The average daily spend was $66.83 that was above our goal of $65 ($32.50 per person). Remember this is for two people so if divided by two that is about $33.42/day/person. Our food expenses comprise about 40% of our spending and housing whether hotel room or tent is 27%. Our percent spent on food and housing is similar to other countries but camping less meant the overall dollar amount of housing was higher and contributed to our being over our goal budget. We drove a lot in Peru and fuel was 17 percent of our spending where it has generally averaged between 7-11 percent of spending. This was another contribution to our being above our budget goal. If you take out fuel our daily average was $55.57 or $27.79/day/person.

Our one-time expenses
Border: : Photocopies at the border and required insurance ($194.89 for three months). We initially purchased two-months of insurance which was $97.44 for two bikes thinking that it would be easy to add an additional month if needed. We did need to add another month and it was not as straightforward as we assumed and it ended up costing the same for one month as for the two months we originally purchased. Lesson learned we should have just purchased three months to begin with.

Repairs/maintenance/parts: Mike performed full tune-ups on both motorcycles and the $197.26 was for five quarts of synthetic oil, rear tube, chain lube, rear tire for Zippy, and ignition parts (for re-building Zippy’s ignition).

Other: We spent $160 on a new waterproof bag to replace one that was failing (it was old when we left home). We purchased a high-quality roll-top bag. We also splurged on a new Go Pro and SD Card. We want to do more filming and our first generation Go Pro and a second generation are not performing to the level we want (lack of remote, ease to turn on/off while riding, etc). It was also time to renew our medical insurance for $2,103. Our medical insurance has a high deductible but covers us worldwide for accidents, medical evacuation, and diseases. We wouldn’t think of going without medical insurance even though we pay for day-to-day type things out of pocket.

Fuel consumption: These numbers are estimates, as we don’t track per motorcycle but a mixture of both. We also missed some purchase details so the following number doesn’t exactly match with total miles driven on Zippy in Peru (I write down start and end mileage daily). On our tracking sheet we purchased 155.5 gallons of fuel and drove 7,426 total miles between the two bikes. This means we have an average of 47.75 miles per gallon per bike. This doesn’t match to the exact of miles driven in Peru because there were times when we didn’t write down the gas purchase details (gallons and miles); we always track the money.

Definitions:
Miles driven: this is based on Zippy’s odometer and not the total miles of both bikes. Occasionally we ride two-up or Mike may take Donkey to do some errands and these additional miles are not accounted for. When providing miles per gallon averages this is an important caveat as we are not tracking both motorcycles odometers.

Living expenses
Fuel: petrol for two motorcycles and minor use of gas for our MSR camp stove
Grocery: food and incidentals purchased at grocery stores/markets/butcher that may include batteries, toiletries, etc. as well as food.
Prepared Food: anything that we haven’t made ourselves such as meals purchased at restaurants, food stalls, or prepared food from local stores.
Camp: camp ground fees
Hotel: hotel fee
Communications: local SIM cards, Skype credit, USB modems, recharging for minutes and data, internet cafes, etc.
Incidental: anything that doesn’t fit into other categories with notes made as to the actual expenses but anticipated as park fees, other fees, postcards, shopping, etc.

One-time expenses
Border: border fees for people, motorcycles, and pet as well as insurance required, and any other border expenses.
Parts/maintenance: anything purchased for the maintenance or repair of the motorcycles.
Shipping: expenses for moving ourselves and motorcycles between continents
Other: gear replacement, excursions, and other one-time expenses.

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