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Top 10 Cheapest Countries to Live in the World
The top 10 cheapest countries to live in the world are Cambodia, Thailand, Vietnam, Peru, Mexico, Malaysia, Indonesia, Nepal, and Bolivia.
Cheapest Countries to Live in the World: Are you tired of living paycheck to paycheck? Dreaming of a simpler, more affordable life? Look no further! We’ve compiled a list of the Top 10 Cheapest Countries to Live in the World. From Cambodia to Indonesia, these countries offer low costs of living, stunning scenery, and unique cultural experiences.
Whether you’re a digital nomad, a retiree, or simply looking for a change, these destinations will stretch your dollar and make your dreams of living abroad a reality. So pack your bags and get ready to explore the world without breaking the bank!
Top 10 Cheapest Countries to Live in the World
| Rank | Cheapest Countries to Live in the World | Price |
| 1 | Indonesia | $340 |
| 2 | Bolivia | $431 |
| 3 | Nepal | $450 |
| 4 | Vietnam | $500 |
| 5 | Argentina | $542 |
| 6 | Peru | $543 |
| 7 | Mexico | $587 |
| 8 | Malaysia | $588 |
| 9 | Thailand | $679 |
| 10 | Cambodia | $812 |
1. Indonesia – $340
Indonesia is a beautiful and diverse country located in Southeast Asia, known for its stunning beaches, ancient temples, and delicious cuisine. It’s also one of the Top 10 Cheapest Countries to Live in the World, making it an ideal destination for budget-conscious travelers and ex-pats. With a low cost of living, you can enjoy delicious local meals for under $2 and rent a comfortable apartment for as little as $340 a month.
From exploring the bustling streets of Jakarta to soaking up the sun on Bali’s beaches, Indonesia offers endless opportunities to live a fulfilling and affordable life.
2. Bolivia – $431
Bolivia is a country located in South America, without access to the sea. It has around 11.05 million people living in an area of 1,098,581km². Bolivia has a diverse population that includes Native Americans, Africans, Asians, Europeans, and Mestizos.
Spanish is the official language, but there are thirty-six other indigenous languages spoken in the country. Bolivia is the fifth largest country in South America and the 27th largest in the world. You can find a one-bedroom studio apartment for $145 a month in the city of La Paz, and meals cost around $2. Beer and coffee are also inexpensive, costing around $1 each.
3. Nepal – $450
Nepal, located in the Himalayas of South Asia, is a beautiful and affordable country to live in. With a low cost of living, it’s no surprise that Nepal is one of the Top 10 Cheapest Countries to Live in the World. You can rent a comfortable apartment for as little as $450 a month and enjoy delicious local cuisine for under $2.
It is known for its stunning natural beauty, including Mount Everest and the Annapurna mountain range, as well as its rich cultural heritage. From exploring ancient temples to trekking through the Himalayas, Nepal offers endless opportunities to live a fulfilling and affordable life.
4. Vietnam – $500
Vietnam is one of the cheapest countries in the world to live in, costing only $500 for an entire month. It’s located in Southeast Asia, sharing borders with China, Laos, and Cambodia. With a population of around 95.5 million people living in an area of 331,212 km², Vietnam’s capital city is Hanoi, while its most populated city is Ho Chi Minh.
The cheapest city to live in Vietnam is Nah Trang, with a one-bedroom apartment costing $259 per month, or $24 per night on Airbnb.
5. Argentina – $542
Argentina is a Spanish-speaking country located in the southern part of South America, sharing borders with Chile, Bolivia, Paraguay, Brazil, Uruguay, the South Atlantic Ocean, and the Drake Passage. With a population of over 44 million people and covering an area of 2,780,400 km², Argentina is the eighth-largest country in the world.
For just $542 a month, a single person can cover their living expenses and accommodation in one of Argentina’s cheapest cities, Salta, In Salta, you can rent a one-bedroom apartment for $100 a month or $27 a night
6. Peru – $543
Peru is one of the top 10 cheapest countries to live in the world, offering a low cost of living without compromising on adventure and culture. Located on the western coast of South America, it is known for its stunning landscapes, rich history, and delicious cuisine.
With a population of around 32 million people and covering an area of 496,093 km², Peru’s capital city is Lima. You can rent a one-bedroom apartment in Lima for approximately $300 a month, and essential items like food and drinks are also affordable.
7. Mexico – $587
Mexico is a country located in the southernmost part of the United States, bordered by the Pacific Ocean, Guatemala, Belize, the Caribbean Sea, and the Gulf of Mexico. With a population of over 129 million people and covering an area of about 2 million km², it is the 5th largest country in the Americas.
The official language is Spanish, and the currency is the Peso, Queretaro is one of the cheapest cities in Mexico, where a one-bedroom studio apartment will cost you around $256 a month, or $24 a night in an Airbnb. A beer costs $1.54, coffee $1, and a meal out $3.10.
8. Malaysia – $588
Malaysia is a country in South East Asia, sharing borders with Singapore, Thailand, Vietnam, and Indonesia. It’s made up of thirteen states and three federal territories. The country covers a total of 330,803 km² and has a population of 31.6 million people, with Kuala Lumpur as its capital city.
For basic accommodation and living expenses, you can expect to spend around $588 a month in Malaysia. In one of the cheapest cities like Kota Kinabalu, a one-bedroom apartment will cost you around $209 a month or $35 a night on Airbnb.
9. Thailand – $679
Thailand is a country located in Southeast Asia and is one of the top 10 cheapest countries to live in the world. It borders Myanmar, Laos, Cambodia, and Malaysia, and has a population of over 69 million people. Its capital city is Bangkok.
A one-bedroom apartment in a cheap city like Chiang Mai can cost around $199 a month, or $40 a night on Airbnb. In terms of essentials, a beer is approximately $1.40, a coffee is around $0.75, and a meal out is about $2.
Thailand is known for its beautiful beaches, rich culture, and delicious food, making it a popular destination for tourists and ex-pats alike.
10. Cambodia – $812
Cambodia is a country located in Southeast Asia, bordering Vietnam, Laos, and Thailand. It covers an area of 181,035 km² and has a population of around 16.5 million people. The capital city is Phnom Penh. Cambodia is known for its rich history and stunning temples, as well as its affordable cost of living.
In one of the cheapest cities, like Siem Reap, you can find a one-bedroom apartment for around $246 a month or $32 a night on Airbnb. Beer costs about $0.50, coffee about $1.50, and a meal out around $3.
Here is a summary list of the Top 10 Cheapest Countries to Live in the World:
1. Indonesia – $340
2. Bolivia – $431
3. Nepal – $450
4. Vietnam – $500
5. Argentina – $542
6. Peru – $543
7. Mexico – $587
8. Malaysia – $588
9. Thailand – $679
10. Cambodia – $812
Conclusion
In conclusion, these Top 10 Cheapest Countries to Live in the World prove that you don’t have to be rich to live like royalty. From delicious street food to breathtaking landscapes, these destinations offer incredible value for your money. So, what are you waiting for? Book your flight and start living your best frugal life!
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