Nicaragua is gem of a travel destination. A volcano strewn landscape calls for epic hiking destinations including mountain tops and crater lakes. The backdrop is mountainous and the scenery amazing. There is also an solid climbing scene and the unique activity of volcano sledding you can see pictured below. Your money will go along way. Dorm style Hostels average from $5-$12/night and if you’re feeling fancy, you’ll still dish out less than $25/ night on private accommodations.