Bogotá
#5 in Best Cheap Vacations in Central and South America
Colombia’s capital is an up-and-coming destination with several key assets: gorgeous architecture, delectable food and a raging nightlife. With all this going for it, Bogotá may not be cheap for very long. You’ll also find yourself free to splurge here thanks to low exchange rates.
Santiago
#6 in Best Cheap Vacations in Central and South America
Chile’s capital and largest city offers an urban blend of old and new at the base of the Andes Mountains. Plus, many of the city’s top attractions are either free or have low admission rates, making Santiago an ideal location for budget-conscious travelers.