Budgeting for a Vegas Trip: How Much Do You Need?
If you’re going down to Vegas this year, we’re happy for you. We also know that the question of your budget must be eating away at you—which is why we have solutions ready.
This blog covers expenses for one individual. If there are multiple people on the trip, you’re going to need a calculator.
The average hotel room in Vegas cost around $132 a night, or more. Depending on the hotel, you might be making a major dent in your bank account, or you could save some of that much-needed money to spend on Vegas sight-seeing. Either way, $100 a night is a given, so be prepared for this particular expense!
You can’t, of course, see Vegas without trying some of its most iconic foods—and then, of course, there’s coffee, and beer, and snacks. Food, even if you’re on a diet, will cost you more than $50 a day—but that’s an essential expense that you must be prepared for.
What you can do is go for food trucks and street food instead of frequenting the many, expensive, often overpriced cafes in Vegas.
Depending on how far your hotel is from the Strip, you might have to spend either a lot or a little on commute. Cabs to and from your location—not to mention to and from the airport—can easily make up an additional $50 in spending.
If you’re lucky enough to find a hotel on the Strip, you can ditch commute costs altogether and substitute them with walking. These hotels are far more expensive, though, so perhaps you won’t be saving any money after all.
The fun in Vegas never stops—and while you might only need a few dollars to begin having fun, there really is no end in sight as to how far you can go. Everything from gambling to road trips is up for grabs, and you are your own decision-maker here.
The truth of the matter is that you can never know exactly what amount of money you’ll end up spending in Vegas beforehand. You cannot, for instance, predict all the events of the day. There’s no way to predict emergencies and accidents, delays and dilemmas, etc. You should, therefore, always stash away at least $300 as an emergency fund and not waste it on anything else during the trip.
You never know when you might need it.
Yes. You heard right. Luggage storage is the cheapest item on this list; it’ll only cost you around $5.90 per bag per night, if you’re leaving your bags at one of Cubby’s vetted service locations. For additional nights, it’s $3.90—but either way, it isn’t a ton of money.