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Traveling in Peru on a budget is not only possible but can also be an enriching experience filled with culture and adventure. Machu Picchu, one of the most iconic archaeological sites in the world, is accessible to budget travelers through various means. You can opt for a cheaper train option, like the Expedition Train, which offers a comfortable yet affordable way to reach the site.

Consider staying in budget accommodations such as hostels, guesthouses, or Airbnb options in Cusco and the Sacred Valley. These places often provide not only lower rates but also opportunities to meet fellow travelers. Eating at local markets or street vendors can save you money while allowing you to indulge in authentic Peruvian cuisine.

Free walking tours in Cusco are a fantastic way to learn about the city's rich history without breaking the bank. Additionally, entrance fees to many sites are lower on certain days or times, so plan your visits accordingly to save money.

For those wishing to hike to Machu Picchu, consider the Inca Trail or other lesser-known routes, like the Lares Trek, which can be more affordable and less crowded. Bring your own snacks and water to minimize costs while hiking.

It's also wise to purchase your tickets to Machu Picchu in advance online to avoid price hikes. Depending on the time of year, visiting during the shoulder seasons can also lead to lower prices on flights and accommodations.

Lastly, engage with locals to gain insights into the best budget-friendly experiences. They can recommend hidden gems and local spots that aren't on the typical tourist radar. With a little planning and a sense of adventure, you can experience the beauty of Peru, including Machu Picchu, without overspending.