The three biggest expenditures travelling Australia are FUEL, FOOD and ACCOMMODATION!
Making a travel budget is an important part of preparing for your trip within or around Australia. Deciding how much to save and budget for, plays a huge part in the length of your travels. Being able to plan ahead and prepare for expenditures is the key to avoiding any spending shocks. For us, we calculated our expenses based on the trip we were doing. Taking into consideration the amount of kilometres we were going to travel, how much free camping we intend on doing and feeding our family of 5. Also things to consider are big ticket activities such as a Whale Shark Swim in Exmouth, WA or the amount of attractions intended on your travels.
Fuel - To begin, start by deciding on a timeframe for your trip and kilometres travelled, then you can calculate your fuel expense based on the current dollar. We use an excellent app called 'Fuel Map' and this keeps a record of money spent and kilometres travelled as well as L/100km. It will also calculate your averages per fill.
Food - A weekly food bill is easily determined by your current grocery bill, although you do need to account for remote areas, as groceries tend to be more expensive here. We are a family of five and budget for approximately $250 a week. When in remote areas we expect to pay anywhere from $50-$80 extra per week.
Do you want to know how much it will cost YOU to travel Australia?
This spreadsheet will take into account your individual financial situation and give you your detailed monthly expenses! Grab it NOW by clicking on the spreadsheet above!
Below are some of the variables that are calculated
Fuel costs per litre
Caravan park fees or Free Camping
Other income eg. rental
Expeditures eg. mortgage, insurances
We think a good amount to work on is $1000 a week on average.. 50-60k for a year!! If you come in under budget "YOU BEAUTY" - Keep Travelling!!
As for accommodation, deciding on how much you will free camp and how often you will stay in a caravan park will help figure out your dollar figure. For our family travels so far, we have done about 60% caravan parks and 40% free or low cost camps. The price of caravan parks in iconic destinations such as Broome, can be pricey at around $55 per night, not factoring in kids which can be an extra $5-15 per night. Many parks will charge from the age of 4, however, we have come across plenty charging from 2 years of age! So be prepared.
We have done regular budget updates on our big lap(s) and you can see some examples below. It's good information for when you commence your trip, wherever it may take you!
Below are our budget stats for our first big lap (plus a 4 month update) and a return trip to Cape York from the Sunshine Coast.
12 MONTH STATS
Fuel - $9075 @ 17.8L/100km
Food - $13220
Accom - $9045
Grog - $2470
Coffee - $1440
It has been an amazing year for us as a family. The places we've seen and the time we've had to spend together has been PRICELESS!!
Other considerations for you lap are insurances, attraction & activities, phone bills & internet, schooling, birthdays, ambulance cover and just 'stuff'. This is why a budget of $1000 per week is realistic for those caravanning the way we have. Although much cheaper if you plan to free camp more and eat baked beans for dinner ever night.
after the first 4 MONTHS
Averaging 16.5 L/100km.
Groceries - $3,360
We've covered 11800km and spent a total of $2290.55 on diesel.
CAPE YORK TRIP — Sunshine Coast to The Tip and back
Total Cost: $2785
Fuel $1461.55 @17.4L/100km
Jardine river ferry $129
Grog $460 🍺
Bloody well worth it to! Wish it could have been longer.!! 15 nights away and 6198km travelled!👍