Cheap Places Around The World To Live

Christina Hobbs
11 min readOct 18, 2022

Cheap Places Around The World To Live
Cheap Places Around The World To Live. Do you frequently catch yourself daydreaming about foreign adventures and traveling to new countries while gazing out your cubicle window?

Many of us have the same dream of escaping the 9 to 5 grind, and more and more people are actually doing it. Sure, you say, “Perhaps I’ll work abroad if I win the lottery! ”

Step 1. Look into the most affordable and desirable places to live.

Step 2. There, get a job abroad!

We have to consider many factors when deciding where to live. The cost of living, the quality of life, the proximity to our family and friends, and the climate are all important aspects that need to be considered.

Travel doesn’t have to be expensive, which is good news. There are many reasonably priced nations where you can live, work, and possibly even travel while getting much more for your money. We’re going to look at the ten most affordable and desirable places to live and work today.

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How working abroad can benefit from having a lower cost of living
The majority of people assume that long-term travel or living abroad will be extremely expensive, and yes, if you choose expensive countries, your hard-earned money may not go very far.

But you might be surprised at how well you can live on a moderate salary if you stay away from popular, extremely expensive locations, like Italy or Australia, and stick to some of the cheapest countries to live and work in.

When you could be traveling the world, having adventures, and making a good living, why toil away in a downtown office?

This year, are you lacking inspiration?

In actuality, one of the main incentives for many people to relocate and find employment abroad is a low cost of living. Your expenses should be lower even though salaries are frequently lower. Additionally, there are lots of high-paying jobs to be had, allowing you to live in a low-cost location while still stretching your budget even further.

P.S. In order to work abroad safely and legally, National Background Check, Inc. can assist you with all background checks and travel documentation requirements.
The ten most affordable countries to live in
Here are the top 10 least expensive places to live and work this year, as determined by thoughtful travelers like YOU.
1. Vietnam
Vietnam is any budget traveler’s dream if they want to live and work in an exotic location without spending a fortune. For expats, it’s one of the best and most affordable places to live.

There is a lot to see and do in Vietnam, despite the fact that it is still somewhat of an undiscovered gem when it comes to affordable places to live and travel. Vietnam is a destination for travelers seeking adventure as well as beautiful landscapes to explore and delectable local cuisine.

Ho Chi Minh City in the south, Hanoi, the nation’s capital, in the north, and Da Nang in the country’s center are the major cities. These cities will have the majority of jobs.

The Vietnamese Dong, one of the few currencies that has fallen in value against the dollar in recent years, is currently valued at around VND23,000 to $1.

— Popular occupations: Teaching English is the most sought-after occupation for foreigners in Vietnam. There are many opportunities for English teachers, and the average monthly salary is higher than in many of the nearby countries ($1,100 to $1,700 USD).
— Cost of living: The cost of living in Vietnam varies depending on which city or region you choose to reside in, as it does in most other nations. Of course, living in cities like Ho Chi Minh and Hanoi is more expensive, but the pay is also higher. If you stick to local eateries or street food, a small apartment can be rented for about $250 per month, while meals out cost about $1 to $3 and about $10 at Western-style eateries. Local public transportation costs as little as $0.30, and taxi fares start at just $0.50 per kilometer.
— Recommended position: English teacher with Premier TEFL in Vietnam

2. In Costa Rica
Not just because it’s one of the ten cheapest places to live, Costa Rica is probably the most well-known nation in Central America. You will fall in love with this country and its “Pura Vida” vibe right away thanks to the lush jungles, tropical beaches, and welcoming locals.

Additionally, Costa Rica is one of the least expensive countries for Americans to live in, so you won’t have to go bankrupt while residing and working there. Finding inexpensive flights from the US is also simple, which increases the allure of visiting Costa Rica.

Costa Rica is more expensive than neighboring nations like Guatemala and Nicaragua, but the salary premium more than makes up the difference.

— Popular careers include English teaching, tourism, and SCUBA diving.
— The cost of living ranges from $3 to $6 for a meal at a nearby restaurant, from $300 to $800 per month for rent depending on the size and location of the apartment, and from $0.70 per trip for local transportation.
— Job recommendation: Join Gapforce as a diving instructor.

3. Bulgaria
Bulgaria may surprise you as one of the cheapest places to live and work, but bear with us. If the high cost of living in nations like France and Italy deters you from working and living abroad in Europe, focus your attention on Eastern Europe.

Bulgaria is one of the least expensive places to live in Europe and has quickly gained popularity among tourists. With countries like Greece, Turkey, and Romania right on your doorstep, Bulgaria’s central location makes it the ideal place to explore the region on a modest budget.

With a history that goes back more than 8,000 years, Bulgaria has a vibrant and rich culture that you can explore during your free time.

— Jobs in tourism and teaching English are popular ones here.
— Cost of living: A one-bedroom apartment with basic amenities can be rented for as little as $230 per month. A meal at a cheap restaurant will cost you about $5, and public transportation trips can be as inexpensive as $1.
— Job recommendation: International TEFL Academy’s English teaching position in Bulgaria.

4. Mexico
Bravo, Mexico! Why go farther than necessary when Mexico is typically only a quick flight away for Americans and Canadians? Everybody can benefit from Mexico.

Think of the pristine Caribbean waters, Mayan ruins in the jungle, and relaxed beach towns along the Pacific. Oh, and have we already brought up the street food? The food is not only mouthwatering, but also incredibly affordable, with options ranging from tacos to tamales, ceviche to aguas frescas.

Living expenses can be considerably lower than in Western cities if you stay away from tourist traps like Cancun or Playa del Carmen and choose more regional locations instead, such as Merida or Guanajuato.

— Popular occupations in this area include sales, au pair, tourism, and English teaching.
— Living expenses range from $200 to $500 per month for a one-bedroom apartment, with street food starting at $1 per meal and a monthly pass for local transportation starting at $16.
— Job Suggestion: Work as an Au Pair in Mexico

5. S. Africa
Do you genuinely want to work and live abroad but are concerned about misinterpreting certain words? You no longer need to worry because there are also some reasonably priced English-speaking nations, such as South Africa, which ranks #5 on our list of the best and most affordable places to live.

South Africa may be the least expensive English-speaking nation to reside in. You won’t need to attend language school, and most South African cities have a high standard of living that is comparable to that of Western cities, which will make the transition much simpler. This puts it in the running to be the least expensive English-speaking nation to live in!

The southernmost country in Africa is also one of the world’s most culturally and racially diverse nations, as if that weren’t enough. You won’t get bored in South Africa because there are safaris, whale watching, river rafting, and zip lining, among other activities.

— Popular occupations: Even though South Africa is an English-speaking nation with 10 other official languages, teaching English is still a common choice. Additionally, a wide variety of jobs in tourism and with multinational corporations are available.
— Cost of living: A domestic beer costs about $1.70, a one-bedroom apartment rents for about $350–500 per month, and meals at nearby restaurants start at $8.
— Work on a humanitarian photography project with Roots Interns is a recommended project.

6. China
While China may not be your typical work abroad location, it is possible to work there and earn a very good living. There are many jobs available and higher salaries than in many other Asian nations. Additionally, the economy is booming.

Of course, living in a big city like Shanghai or Beijing will cost more money, but salaries will also be much higher. Many work abroad programs will host events and even throw in free Mandarin classes, so you might even end up learning a completely new language while there. China is an amazing country to explore.

— Popular careers: The most sought-after profession for foreigners in China is teaching English, but it’s also simple to find Au Pair jobs.
— Cost of living: If you stay away from the biggest cities, the cost of living in China can be surprisingly low. A meal at a nearby restaurant costs about $3, and rent for a one-bedroom apartment starts at $300.
— Recommended position: Join Lo Pair to work as an Au Pair in China

7. Korea, South
Although South Korea isn’t the most affordable place to work and live, it made this list because of the highly competitive salaries and the frequent inclusion of free housing in programs, which significantly lowers the cost of living.

Given that South Korea is renowned as one of the best locations in the world for teaching English as a foreign language, teaching English is the obvious career choice. The beautiful and diverse countryside, the amazing food, and the friendly people make Korea a great place to work, travel, and save money. Korea’s modern cities are on par with those in the US and Europe.

— Employment hot spots include sales and teaching English.
— Cost of living: Although Korea’s cost of living is higher than that of Southeast Asian nations, it is still very affordable, with one-bedroom apartments starting to rent for about $375 and restaurant meals beginning at $6.
— Teach English in Korea with Teach Away, a recommended career.

8. Thailand
Thailand must be mentioned on any list of the best and most affordable nations in the world. Travelers from all over the world had already fallen in love with the Country of Smiles before the release of the film “The Beach.”

Even in populated areas like Bangkok and Chiang Mai, the cost of living is incredibly low. Beach resorts typically cost a little bit more, but they are still inexpensive when compared to other beach resorts around the globe.

Thailand is the ideal place to live and work because of its clear waters, fascinating culture, and mouthwatering cuisine. To top it off, Thailand is also one of the safest and least expensive countries in which to live.

— English teaching is the most common job here, but there are also hospitality jobs available.
— Cost of living: In Chiang Mai, for instance, you can get by just fine on $600 a month. At street stalls, markets, and food courts in malls, $1 meals are available. In a complex designed in the West, rent for a private studio can be as low as $150 per month. The cost of a bus ride starts at about $0.30.
— Job recommendation: Teach English with MediaKids Academy in Thailand.

9. Peru
Peru might be the ideal nation for you if you’re looking for a once-in-a-lifetime adventure on a tight budget — plus, it’s one of the least expensive places to live and work!

Your dollar will go a lot further here than it would in other South American nations because it is one of the world’s least expensive countries.

Any visitor must hike the Inca Trail and visit Machu Picchu, but there are also a lot of other lesser-known treasures to find. You will have plenty of time to explore the Inca kingdom, from the Ica sand dunes to the Amazon rainforest, if you live and work in Peru.

— English teaching, volunteering for charities, and working on conservation initiatives are popular careers here, but you can also find work in marketing or tourism.
— Cost of living: A one-bedroom apartment can be rented for as little as $250, while a meal at a nearby market will cost you between $1 and $3.
— Job recommendation: Join GoBeyond Student Travel as a Global Service Adventure Guide in Peru.

10. Poland
Poland is another wonderful and affordable option if you have your heart set on working and living in one of the most affordable nations in Europe. Poland, which is much less well-known than its neighbor Germany, is gradually developing into a popular destination for tourists and expatriates.

The major cities of Warsaw and Krakow are very contemporary and offer all the amenities found in the West, but at a fraction of the cost of a trip to Germany. Teaching is a possibility, but there are a variety of well-paying professional service jobs out there as well.

Poland is a popular travel destination, especially for EU citizens, as it is a member of the Schengen area and therefore visa-free.

— Customer service and English teaching are in-demand careers here.
— Cost of living: A meal out at a budget restaurant costs only about $5, and rent for a one-bedroom apartment starts at about $350.
— Get Paid to Teach English Abroad in Poland with a TEFL/TESOL Certification — Recommended Job

Wrap up

There are many wonderful, incredibly affordable nations where you can live comfortably and earn a living. Utilizing your salary in a low-cost nation can allow you to save money and travel more after your job is done.

Whichever low-cost nation you choose from this list, be sure to compare salaries and inquire about any additional benefits or bonuses (like free rent!) that might help your money stretch even further. And most importantly, enjoy your journey!

FAQ Cheap Places Around The World To Live

What is the cheapest and safest country to live in?

10 cheapest and safest places to live in Albanian world. Portugal. Costa Rica. Panama. Mexico. Thailand. Malaysia. Vietnamese.

Which city in the world has the lowest cost of living?

Ten cheapest cities in the world 2020. Damascus, Syria. Tashkent, Uzbekistan. Almaty, Kazakhstan Buenos Aires, Argentina Karachi, Pakistan. Caracas, Venezuela Lusaka, Zambia. Chennai, India.

Which country is the easiest to move to?

Here are some of the easiest countries to immigrate to: New Zealand. Australia. Spanish. Paraguay. German. Montenegro. Czech. Thailand.

In which country can you live like a king?

For those who don’t want to retire yet, they also have a great vacation: Cuenca, Ecuador. Coronado, Panama. San Jose, Costa Rica. Koh Samui, Thailand. Vienna, Austria. Cape Town, South Africa. Merida, Mexico. Montevideo, Uruguay.

Where is the cheapest housing?

15 Cheapest Countries to Buy an Oklahoma Home. Michigan. Median Home Price: $154,900. Arkansas. Median House Price: $127,800. Alabama. Median House Price: $142,700. North Dakota. Median Home Price: $193,900. Kentucky. Median Home Price: $141,000. Missouri. Median House Price: $157,200. South Dakota. Median House Price: $167,100.

Where is the cheapest place to move?

Here are the 10 cheapest places to live; You can access the full list here. Fort Wayne, Indiana. Wichita Falls, Texas. Brownville, Texas. South Bend, Indiana. Dayton, Ohio. Toledo, Ohio. Evansville, Indiana. Buffalo, New York.

Where is the cheapest place to live in Europe?

Cheapest European country for Portuguese expats. The country is known for great food, beautiful beaches, a laid-back lifestyle, and affordable living. Slovenia. This Central European country became an independent country in 1999. Spain. Croatia. Bulgaria. Italy.

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