Hey Kiki! When I was staying in Arequipa, I would pay 20 soles per night per bed in a dorm - the place was called Bothy Hostel and was really cool and had an amazing terrace with hammocks! You might want to check that out - www.bothyhostel.com The matrimonial room was 55 soles per room.
Peru and Bolivia in general are on the cheaper side and I wouldn't pay more than 25 soles per bed in a dorm - even in touristic centres (1 USD is a little less than 3 soles). I have no experience with private rooms but it's true that they're more expensive and also it's cool to meet people on your way and share experience and tips. You'd definitely find that useful when backpacking.
There's a ton of great information on this chat! So it seems like here are definitely some affordable options for housing is South America. I noticed that safety seems to be an issue that many contributers are concerned with. Is theft seriously as inevitable down there as it is being made out to be? Aside from properly stowing away ur possessions, are there any other common tricks to hostel safety? Please let me know.
[ Edit: Sorry, no promos please. ]
WOW.... YOU GUYS ARE AMAZING!!!
this helped SOOoooOOoooOOoo much!!
i knew you guys wouldn't disappoint
thanks a lot guys you're all great
I was so pleased we took the chance to go to Grenada. Grenada is an amazing eco-destination once you get out of St Georges. As previously mentioned their dollar is almost on a 3:1 ratio which isn't bad. We didn't find the prices there to be expensive at all.
The North was remarkable, but again you have to take a drive. There was fantastic snorkeling and the beaches there are to die for, specially Sandy Island, with Shadow Fax. ( Very cool 66ft Catamaran)
I also think Carriacou, in the Grenadines is an amazing island. It's only a water ferry away from St. Georges and isn't that crowded. Most of the island is undeveloped -snip-
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