Cheapest Places to Live in the World in 2022 - International Living (2022)

Affordability is often the single-most influential factor in choosing an overseas retirement destination. After all, who wants to spend their golden years counting pennies and wondering how far the next Social Security check will stretch? That’s the beauty of travel, and International Living’s Annual Global Retirement Index—you have the power to choose a country with a cost of living that suits your budget.

This is not a subjective list. We’ve sent detailed surveys to our correspondents spread out around the world to get verified, specific costs for things like groceries; rent; utilities; household help; eating out; gym membership; transport and travel; and the unexpected costs that come with living overseas.

While an affordable location can mean more pocket money for leisure activities, it can also ensure peace of mind knowing you are financially secure and can live comfortably on a modest retirement fund. Below you’ll find the most affordable expat havens we’ve found, places where your dollars will get you further than in the U.S.

3. Cambodia (tie)

Cheapest Places to Live in the World in 2022 - International Living (1)

The small Southeast Asian country of Cambodia has one of the fastest-growing economies in the world. The capital city of Phnom Penh has blossomed into a bustling city full of skyscrapers, malls, and upscale restaurants. It’s hardly recognizable from the ramshackle metropolis that it was just a decade or two ago. Fortunately, this city—and the rest of the country—still offers solid value for foreigners looking to live in a place with cheap beer, warm weather, friendly locals, and an active expat community.“Phnom Penh is the most expensive place to live in the country, but you can still live well for a fraction of the cost that you would spend ‘back home,’” says Wendy Justice, IL Southeast Asia correspondent. “Go farther afield to the small, expat-friendly cities of Battambang, Siem Reap, and Kampot, and Cambodia becomes downright cheap.

“Like in any capital city, you can live on a low budget or in luxury in Phnom Penh. Rent in the capital city remains reasonable; you can lease a one-bedroom apartment in the heart of downtown, within walking distance of restaurants, bars, and the best shopping, for less than $500 per month. Even the best apartments are affordable by international standards; few places would cost more than $1,500 per month.

“One person could budget between $800 and $1,000 per month in Phnom Penh, eating at inexpensive local restaurants or cooking at home, and indulging in minimal luxuries. You could have meals at local restaurants for less than $5 or have some local Angkor beers in a bar for about a dollar per bottle. In other localities, the cost of living will be anywhere from 10% to 25% less than in Phnom Penh,” says Wendy.

Rent in the smaller towns and cities can be a bargain. Battambang, Cambodia’s arty, second-largest city, located not far from the Thai border in the northwest corner of the country, provides a good example. One-bedroom apartments start at around $225, and houses don’t cost much more than that. Living here, you’d be in a classic French Colonial-era city; the downtown is dotted with art galleries, interesting architecture, and some excellent restaurants. If you venture just a short distance from town, you can explore ancient Khmer ruins. Best of all, Battambang is small enough and flat enough that you can get around quite easily on foot or by bicycle. Tuktuks (motorbike-powered rickshaws) are always available to provide rides in the city for about a dollar; longer trips are affordable, too, though you may want to bargain a bit.

Medical care in Cambodia has improved recently, and the country now has its first JCI-accredited hospital. The Royal Phnom Penh Hospital—owned by the huge Bangkok Hospital consortium—offers full check-ups, including a physical examination, an EKG, and a full laboratory workup for only $115. Doctors in private clinics charge as little as $5 for consultations, though a visit with an English-speaking doctor will cost about $25.

It takes at least 18 hours to fly from Cambodia to the U.S., but flights are quite reasonable. One-way tickets between Phnom Penh and San Francisco start at around $600, and you can find round-trip tickets starting at $1,041 or less. Prices are similar for travel to other coastal cities in the U.S. The country has two international airports: Phnom Penh and Siem Reap. Of these, Phnom Penh is the larger of the two airports and handles more destinations. Since there are no direct flights to the U.S. or Canada, you’ll need to make at least one transfer along the way.

Cambodia uses two currencies, but the main one you’ll see is the U.S. dollar. They’re dispensed at most ATMs, and outside of making small purchases at the market or buying street food, most items are priced in dollars. When making most of your purchases, use dollars; your change will be in Cambodian riel.

Full Cost of Living in Cambodia here.

3. Bolivia (tie)

Cheapest Places to Live in the World in 2022 - International Living (2)

Bolivia is probably one of the most surprising expat destinations in the Index. It’s not a country that’s in the news much. It’s not on the radar of most planning a retirement abroad. But it does offer some solid benefits for those who settle here.

(Video) 15 Best Countries to Live or Retire Inexpensively in 2022

This little South American haven, wedged in between Peru, Argentina, Brazil, Chile, and Paraguay is safe. The local Andean Indigenous culture is rich. The cities balance tradition and history with modern amenities and conveniences. The weather in most places expats settle is temperate for much, if not most, of the year.

The biggest attractor for retirees is affordability. In fact, of all the countries International Living includes in its coverage, Bolivia has one of the lowest costs of living. Consider the cost of everyday, common expenses like: Rents starting at $200 for nice apartments in good neighborhoods close to everything in town; the menu del día of soup, an entrée, fruit juice, dessert, and coffee for under $2 at the no-frills neighborhood restaurants; meals at top-end restaurants, with wine, for about $30 for two; a latte or cappuccino at a trendy café for 75 cents.

Other affordable everyday expenses include: A taxi ride anywhere in town for about $1.50 (less for shorter trips); a cross-country flight for $45; a visit with a primary care doctor $15, and a specialist $30; medications at 30% U.S. prices; a healthcare plan at a private facility is $100 per month; a weeks’ worth of groceries for two for $20 per week; a gardener and maid twice a week for $150 per month; and all monthly utilities for $50.

Not only are rents cheap but properties to buy are as well. A three-bedroom, two-bathroom apartment in one of the best neighborhoods in Cochabamba, close to shopping malls, parks, and restaurants, is listed at $115,000. In Tarija, there is a two-bedroom apartment listed for $85,000.

With costs like that, it’s easy to see why living is so cheap in Bolivia. But why are costs so low? There are several factors at play.

As mentioned, Bolivia isn’t in the headlines much. That means it’s off the radar of most tourists, even though the country does offer quite a few unique attractions. You can trek in the Andes Mountains. It’s possible to explore the jungle and all its wildlife in the sizable Amazon region. And, of course, any visitors would find low costs throughout their trip, from meals out to flights within the country to hotels to tours.

In more popular locations, the presence of tourists, as well as large expat population, tends to push prices up. Not so in Bolivia.

Fred Staff has lived in Bolivia for more than 30 years. He loves the relaxed lifestyle, the climate, the cost of living…

“What it costs to live in the U.S. boggles my mind,” says Fred, who is in Cochabamba, a city of 700,000 in the foothills of the Andes. “You can live here on $700 per month, including rent.”

Fred and his wife often shop at La Cancha, one of the largest outdoor markets in Latin America. “You can get incredible fruits and vegetables. Twenty tangerines for $2, for example. And we eat out a lot,” says Fred, who notes that a typical meal costs about $2 to $3 at good local restaurants.

Fred says his electric bill is less than $30 a month. He pays $3 per month for gas, which is used for stoves and hot water heaters.

Kelly Barton is also in Cochabamba. She spends about $20 per month on groceries. She owns a home but notes that rentals run about $500 per month for an unfurnished apartment in one of the fancier buildings in town. But you can easily find properties, homes, and apartments, in the $200 to $400 range.

Marcia Bohannon is in Tarija. Cost of living was not the primary reason for her move to Bolivia—she’s really into high-altitude hiking—but the lower costs are welcome. She has household help two mornings a week and a gardener for $150 per month. A full medical check—EKG, mammogram, bloodwork, and urinalysis—at a local private clinic is available for just $200. “When my friends go out for a high-end dinner, it’s only $20 at most,” says Marcia.

Full Cost of Living in Bolivia here.

Cheapest Places to Live in the World in 2022 - International Living (3)

Get Your Free Report on the World’s Best Places to Retire:

Learn more about the best places in the world to retire in our daily postcard e-letter.

Simply enter your email address below to sign up for our free daily postcards and we’ll also send you a FREE report on The World’s Top 10 Retirement Havens, plus access to over 10 more free reports. Our gift to you, on our favorite destinations.

(Video) 10 Easiest Countries to Retire Comfortably in 2022

2. Bali, Indonesia

Cheapest Places to Live in the World in 2022 - International Living (4)

The tropical Indonesian island of Bali, also known as the “Island of the Gods,”is one of the prettiest places on Earth.While onlyabout the size of Delaware, this little paradise containsdozens ofgorgeous white-and-black-sand beaches, incredible waterfalls, volcanoes, terraced rice fields, secret gardens, and primeval jungles.

Since Bali has been a popularinternationalvacationdestinationfor decades, it is well suited to accommodate travelersofall budgets. Five-star restaurants rub shoulders with tinywarung,where a meal ofnasicampur(mixed rice), servedwith meatandvegetables,costs around $1.50. Housing ranges from opulent seaside mansions to tiny huts in thecountryside, and foreigners arejustaslikely to live at either extreme.Based here, you could live as luxuriously, or as frugally, as you choose.

“Several couplesI’ve met who livein the quiet, seaside communitiesof SanurandCanggusaythat they live comfortably onbudgetsof less than $1,500 per month, which includes rent for a two-bedroom house, all utilities, eating out frequently, and buying some imported foods.Some upscale towns likeSeminyakand Legianaremore expensive, but they’re still cheap when compared to U.S. prices,” says Wendy Justice, IL Southeast Asia Correspondent.

Furnished, two-bedroom houses in Sanur that include small yards and private pools range from around $450 to $800 per month, while three-bedroom apartments in desirable neighborhoods throughout the popular southern beach areasrent for$550 to $1,500 per month.Mostleased propertiesrequire paymentofthe entire lease upfront, whether it’s for six months or 20 years.

“There is a benefit to this,” says Wendy. “The rent will not increase over time and you won’t have to make regular payments. The initial cash outlay is steep, though, and it requires a commitment to stay. An easy alternative is to find a short-term rental through Airbnb, or work out a monthly rent agreement with a hotel, guesthouse, or homestay.”

The artist’s community ofUbud, in the hilly interior,offers a high quality of life for even lower prices than the southern resorts. One-bedroom apartmentsstart at less than $300 per month, and the town has an incredibly large selection of restaurants where you can get delicious local mealsfor$3 or less.

Other options for living in Bali include the laidback small townsofAmedon the northeast coast,Candi Dasa on the eastern coast, and thetowns on thefarnorth side of the island, including Lovina, which is one of the best places in Bali to watch spectacular sunrises and the dolphins playing just offshore. Allthese townsoffer a high quality of life for even lower prices than the southern resorts.

“One Candi Dasa couple I talked withsaidthat they‘live like queens and kings’for $1,200 per month,” Wendy explains.“Given its small population, Candi Dasa has a surprisingly active expat scene, too, which makes it a perfect destination for those who want to be away from the more developed parts of the island but still have friends and maintain an active lifestyle.”

Bali’s airport is in the centrally located city of Denpasar. For the vast majority of people living here,home is less than anhour’s drive from the airport.One-way flights toBali from San Francisco start at around $475, and from Los Angeles they cost$587. Round-trip flightsfromthe west coast start at $800.Therearen’t any direct flights between Bali and the U.S.,soyou’ll need to change planes in Taipei, Istanbul, Tokyo, Singapore, or another transportation hub along the way.

“As for getting around, most expats who live in Bali own motorbikes or cars, though others who don’t care to drive on the frequently traffic-clogged roads hire their own drivers for $25 or $30 per day to get around. Regardless of what mode of transportation you use, Bali is a small island, and getting around isn’t expensive.Bemos—small vans that have been converted into little buses—ply the streets in some areas, and in-town rides generally cost a dollar or less.”

(Video) TOP 10 CHEAPEST PLACES IN THE ENTIRE WORLD TO RETIRE IN 2022

If the idea of living on a tropical island with an idyllic climate, friendly locals, a thriving expat scene, and an affordable lifestyle appeals to you, consider a trip to Bali. It’s a beautiful place that has been welcoming western tourists to its sun-drenched shores for nearly a century.

Winner: Vietnam

Cheapest Places to Live in the World in 2022 - International Living (5)

Vietnam offerswelcoming locals, gorgeous scenery, a unique culture, andan astoundingly low-cost,high-quality lifestyle. Expat couples canenjoy the benefits of living inmodern, comfortably furnished homes and apartments in good neighborhoods, eat meals out regularly,havea housekeeper,andindulge inplenty of travel andextras,allon a budget that will probably never exceed $1,500 per month.

In the past year, rents have decreased from 20% to 50% throughout Vietnam. In popular expat havenssuch asHoi An andNhaTrang, luxurious, one-bedroom apartments thatrented for $600 per month a year ago are now available fora mere$300 per month.Rentsin Hanoi and Ho Chi Minh City have decreased by around 30%, making these cities far more affordable now than even their previouslymodestprices.

“The rent for my modern, fully furnished three-bedroom apartment in Hanoi, which includes internet, tap water, cable TV, 24-hour security, and twice-weekly housekeeping, has dropped from $750 to $600. This decrease is typical for rentals in Vietnam’s urban areas,” says Wendy Justice, IL Southeast Asia correspondent.

“Though electricity costs are similar to those in the U.S., other utilities aresignificantlyless expensive. A one-month prepaid cellphoneplan throughVinaphone, for example, offers 3GBof data andall the calls and texts thatyou’lllikely needfor about $3 per month. High-speed fiber-optic internet costs $12 per month and cable TV plansofferinga good assortment of English-language stations start at a mere $7 per month.Packages including cable TV, internet, and cell plans start at $10.50 per month.

“Most rental apartments include both cable TV and high-speed internet in the rent, though, soeven those would not betypical expensesin your budget; utilities are often not included with house rentals, but they addlittle to the total cost.”

Local wages are low in this middle-income country—many entry-level jobs start out at less than $200 per month—and having a housekeeper, gardener, or other service-related help is quite affordable. Hardworking housekeepers are happy to be paid $2.50 to $3 per hour, with an annual bonus before the important Tet (Lunar New Year) holiday.

“Unless yourequirea lot ofimported foods, you’ll pay far less for most groceries in Vietnam thanyou wouldin your home country,” says Wendy.“I’lloften buy fruit, vegetables, and meat at my local traditional market, where I’ll pay $2 or less per shopping bag for fresh-from-the-farm food. Prices are only slightly higher at the large supermarkets thatyou’llfind in every city in the country,andyou’ll have the added convenience of one-stop shopping.”

Vietnamesecuisineis one of the freshest and healthiest in the world, andit’sone of thethings that attract so many visitors.A big bowl of the enormously popular, hearty Vietnamesephở(beef or chicken soup in a richly complex clearbonemarrow broth, seasoned with fresh herbs, chilies, and sprouts),or abánhmì(a sandwich made with meat, eggs, or pâté, served with cucumber, carrots, and fresh herbs on a French-style baguette) costs about $1.50.

A meal for two at a sit-down local restaurant generally costsless than $10including beeror soft drinks, and even a meal at an upscale Vietnamese restaurant rarely comes to more than $25 for two people, including beverages.

The majoritypeople in Vietnam, expats included,drive small, gas-efficient motor scooters, so even though gasolineprices arethe same or slightlyhigher here than in the U.S., the cost of operating a vehicle isless. If you prefer to take a bus,a ticket only costs about $0.31, though bus availability is limited in smaller towns and rural areas. Ride-hailing companies like Grab Taxi that offer fixed fares are an affordable way of getting around;they areoften quite a bit lessexpensivethan traditional metered taxis. Amile-long trip costs around $1, though you could alsohaila Grab Bike motorbikefor about half that price.

Entertainment is another bargain in Vietnam. Watch the latest Hollywood blockbuster at the theater for $4, or gain admission to one of the many excellent museums throughout the country for just $2 or $3.Fitnessclubswill oftenoffer promotions if you agree to purchase a six-month or annual membership; it works out to around $25 per month at most fitness centers.

Flights on quality airlines are another affordable indulgence. One-way flightsfromHo Chi Minh Cityto Hanoiare currently just $33;flightsfrom Ho Chi Minh City to Singaporecost$52, anda flightfrom Ho Chi Minh City to San Franciscoisonly$439.The relatively new startup, Bamboo Airways, is beginning new routes from Vietnam direct to Los Angeles, San Francisco, and Seattle. Though priceshave not yet been announced, the nonstop flights should decrease the flying timefrom Vietnamto the States by several hours.

“One of Vietnam’s best bargains is its medical care. Same-day appointments with a specialist at an international hospital cost $20 or less, including a translator; my English-speaking dentist charges $15 for a check-up, X-rays, and cleaning. Most medications that would require a prescription in the U.S.can be purchasedover the counter in Vietnam; prices tend to be about 10% of those charged in the U.S. for the exact same product,” says Wendy.

(Video) The World's Best Retirement Destinations Might Surprise You [2022]

Anyone on a limited budget who wants to live well and not worry about overspending will be thrilled at how fartheirdollars stretch in Vietnam.

Full Cost of Living in Vietnam here.

Cheapest Places to Live in the World in 2022 - International Living (6)

Get Your Free Report on the World’s Best Places to Retire:

Learn more about the best places in the world to retire in our daily postcard e-letter.

Simply enter your email address below to sign up for our free daily postcards and we’ll also send you a FREE report on The World’s Top 10 Retirement Havens, plus access to over 10 more free reports. Our gift to you, on our favorite destinations.

Related Articles

The World’s Best Places To Retire In 2022

Your Overseas Retirement Calculator

How To Move Out Of The U.S.

Upcoming Conferences

Live Better, Spend Less, Retire Sooner
IL’s Retire Overseas Bootcamp
October 21-23, 2022 in Atlanta, GA

In safe, warm, welcoming communities abroad, as little as $1,700 a month can bankroll a good life... this fall, our experts will show you where—and how.

Early Bird DISCOUNT—Save $100 When You Register by Sep. 14

Details Here IL’s Retire Overseas Bootcamp

(Video) 10 Cheapest Countries $300 Live Luxury Life or Retire 2021

FAQs

What is the cheapest country to live in 2022? ›

10 Cheapest Countries in the World to Live In
  • Vietnam.
  • South Africa.
  • Ecuador.
  • Costa Rica.
  • Malaysia.
  • Mexico.
  • Indonesia.
  • Bulgaria.

Where is the cheapest place to live internationally? ›

10 best and cheapest countries to live in
  1. Vietnam. For those wanting to live and work in an exotic place, but not pay a fortune, Vietnam is any budget travelers dream. ...
  2. Costa Rica. ...
  3. Bulgaria. ...
  4. Mexico. ...
  5. South Africa. ...
  6. China. ...
  7. South Korea. ...
  8. Thailand.
15 Mar 2022

What is the safest and cheapest country to live in? ›

10 of the cheapest and safest places to live in the world
  • Albania.
  • Portugal.
  • Costa Rica.
  • Panama.
  • Mexico.
  • Thailand.
  • Malaysia.
  • Vietnam.

Where is the best place to live in the world 2022? ›

Vienna, Austria, ranked first as the best place to live in the world.

What's the easiest country to immigrate to? ›

Easiest Countries to Immigrate To
  • New Zealand.
  • Australia.
  • Spain.
  • Paraguay.
  • Germany.
  • Montenegro.
  • Czechia.
  • Thailand.

Which country is the easiest to start a business? ›

Based on the World Bank meta ranking, New Zealand is the No. 1 easiest country in which to start a business.

Where in the world can you live on 1000 dollars a month? ›

1. Argentina. The cost of living in Argentina is up to 60% less than in the United States. You can get by in Argentina for about $1,000 per month.

Where is the cheapest warm place to live? ›

The 10 Sunniest, and Most Affordable, Cities for Retirees
  • Ely, Nevada. 73% chance of sunshine / 47.00% less expensive than national median new home price. ...
  • Amarillo, Texas. 73% chance of sunshine / -34.73% less than national median new home price. ...
  • Lubbock, Texas. ...
  • El Paso, Texas. ...
  • Yuma, Ariz. ...
  • Phoenix, Ariz. ...
  • Tucson, Ariz.

Which country is cheapest in Europe? ›

Bulgaria

Bulgaria often tops the list of inexpensive countries to visit in Europe – and with good reason.

What countries can you live like a king? ›

For those not yet looking to retire, they make good vacation getaways as well:
  • Cuenca, Ecuador. ...
  • Coronado, Panama. ...
  • San José, Costa Rica. ...
  • Koh Samui, Thailand. ...
  • Vienna, Austria. ...
  • Capetown, South Africa. ...
  • Merida, Mexico. ...
  • Montevideo, Uruguay.
30 Jul 2022

Where is the best place to live overseas? ›

Best Places to Live With a High Quality of Life

If you're looking for a high standard of international living, Spain, Australia, and New Zealand top our list. The definition of “high quality of life” would include access to quality and affordable housing, food, education, and health service.

Which country is best to live in the world? ›

  • Sweden. #1 in Quality of Life. #5 in Best Countries Overall. ...
  • Denmark. #2 in Quality of Life. #10 in Best Countries Overall. ...
  • Canada. #3 in Quality of Life. ...
  • Switzerland. #4 in Quality of Life. ...
  • Norway. #5 in Quality of Life. ...
  • Finland. #6 in Quality of Life. ...
  • Germany. #7 in Quality of Life. ...
  • Netherlands. #8 in Quality of Life.

Which country is best to live in future? ›

  • Singapore. #1 in Forward Thinking Rankings. ...
  • Japan. #2 in Forward Thinking Rankings. ...
  • United States. #3 in Forward Thinking Rankings. ...
  • China. #4 in Forward Thinking Rankings. ...
  • South Korea. #5 in Forward Thinking Rankings. ...
  • Germany. #6 in Forward Thinking Rankings. ...
  • Australia. #7 in Forward Thinking Rankings. ...
  • Canada.

Where is the best place to move to start over? ›

Fresh Start: 10 Best Cities to Move to Start a New Life
  • Pittsburgh, Pennsylvania. Anyone looking for a fresh start will find a kindred spirit in Pittsburgh itself. ...
  • Dallas-Fort Worth, Texas. ...
  • Salt Lake City, Utah. ...
  • Jacksonville, Florida. ...
  • Oklahoma City, Oklahoma. ...
  • Cleveland, Ohio. ...
  • Denver, Colorado. ...
  • Nashville, Tennessee.
7 Jan 2022

What is the #1 city in the world? ›

“It was especially heartening to see Chicago snag the number two spot this year with local Chicagoans shouting about the Windy City's exciting food and drink scene and world-class art and culture.” Overall, Edinburgh, Scotland was named the best city in the world.

Which countries are giving free citizenship? ›

Dual citizenship is allowed by the nation. There is no minimum stay required.
...
They can also add dependents after they have been granted citizenship.
  • ST LUCIA. ...
  • DOMINICA. ...
  • GRENADA. ...
  • ANTIGUA & BARBUDA.
  • TURKEY. ...
  • MONTENEGRO. ...
  • MALTA. ...
  • AUSTRIA.
4 Aug 2021

Which country is most welcoming to immigrants? ›

Canada has been ranked #1 in quality of life by the United Nations and is known to be the most immigration-friendly country. Canada welcomes immigrants from across the world. The right place for those individuals considering immigrating to an English-speaking country with comfort, safety, and a high standard of living.

Which country gives easy citizenship? ›

An Antigua and Barbuda passport offers you visa-free travel in 151 nations across the world. Antigua and Barbuda is one of the easiest countries to get citizenship by investment.

Which country is most business friendly? ›

  • Switzerland. #1 in Open for Business. #1 in Best Countries Overall. ...
  • Panama. #2 in Open for Business. #53 in Best Countries Overall. ...
  • Finland. #3 in Open for Business. ...
  • Luxembourg. #4 in Open for Business. ...
  • Norway. #5 in Open for Business. ...
  • Denmark. #6 in Open for Business. ...
  • Sweden. #7 in Open for Business. ...
  • Singapore. #8 in Open for Business.

Which business is best in world? ›

Most Profitable Business Ideas
  • Business Consulting. If you're an expert in your industry and have been working at it for years, you should consider consulting. ...
  • IT Support, Technology Consulting, and Repair. ...
  • Cleaning Services. ...
  • Accounting and Tax Preparation. ...
  • Auto Repair. ...
  • Real Estate. ...
  • Online courses. ...
  • Marketing and PR Services.

Which country has most business opportunities? ›

The United States has been recognized as the world's most entrepreneurial country, according to the CEOWORLD magazine Entrepreneurship Index, 2021, while Germany and the United Kingdom placed second and third, respectively.

Where can you live like a millionaire? ›

  • Panama – Quality of Life. ...
  • Thailand – Historic Retirement. ...
  • Spain – Affordable Quality. ...
  • Malta – Island Paradise. ...
  • Mexico – Budget Retirement. ...
  • Malaysia – Cosmopolitan Comfort. ...
  • Portugal – Romantic Retirement. ...
  • Nicaragua – Adventure Retirement.

Where is the cheapest place to retire in the world? ›

Below, you can review our list of the top ten cheapest countries where you can retire well.
  • Portugal. Cost of Living Index: 42.18. ...
  • Malaysia. Cost of Living Index: 34.41. ...
  • Spain. Cost of Living Index: 47.51. ...
  • Costa Rica. Cost of Living Index: 43.65. ...
  • Panama. Cost of Living Index: 48.25. ...
  • Czechia (The Czech Republic) ...
  • Peru. ...
  • Slovenia.
12 hours ago

Where is it cheapest to live in Europe? ›

Cheapest European countries for expats
  • Portugal. This country is famous for good food, beautiful beaches, a relaxed lifestyle, and affordable living. ...
  • Slovenia. This Central European country became an independent country in 1999. ...
  • Spain. ...
  • Croatia. ...
  • Bulgaria. ...
  • Italy.

What is the healthiest climate to live in? ›

Here are the places to live with the best weather in the U.S. for 2021:
  • Santa Barbara, California.
  • San Jose, California.
  • Salinas, California.
  • San Diego.
  • San Francisco.
  • Los Angeles.
  • Honolulu.
  • Modesto, California.

Where is the cheapest beach to live? ›

American Beach Towns Where You Can Actually Afford to Move
  • Long Beach, Washington. ...
  • Coos Bay, Oregon. ...
  • Swansboro, North Carolina. ...
  • Ocean Springs, Mississippi. ...
  • Port Arthur, Texas. ...
  • Myrtle Beach, South Carolina. ...
  • Freeport, Texas. Median home price: $202,417. ...
  • Deerfield Beach, Florida. Median home price: $230,071.
27 Jun 2022

What is the cheapest way to live? ›

The absolute cheapest ways to live
  • Live in an RV.
  • Housesitting.
  • Live abroad.
  • Rent out a room in your home.
  • Become a live-in property manager.
  • Be a live-in caregiver.
  • Live for cheap with family.
  • Live cheaply by finding a roommate.

Where should I live if I only speak English in Europe? ›

While we have already discussed that Denmark, Norway, Sweden, and Finland are some of the top English speaking countries, we shouldn't forget that Germany and Belgium are very high up the list, with over 62% of the population in Germany being English speakers and 61% in Belgium!

Where is the cheapest rent in Europe? ›

Here are top ten cheapest cities to rent in Europe right now, according to that study:
  • Lviv, Ukraine – €452 a month.
  • Kharkiv, Ukraine – €470 a month.
  • Brasov, Romania – €490 a month.
  • Timișoara, Romania – €517 a month.
  • Minsk, Belarus – €603 a month.
  • Lodz, Poland – €616 a month.
  • Cluj-Napoca, Romania – €734 a month.
12 Jan 2022

What is the cheapest city in Europe to live? ›

To help you plan where to relocate to next, we will reveal the cheapest European cities for 2020...
  • Prague, Czech Republic.
  • Sofia, Bulgaria. Sofia, a beautiful Bulgarian city filled with friendly locals, cheap wine, beer, food and beautiful mountains. ...
  • Lisbon, Portugal. ...
  • Warsaw, Poland. ...
  • Bucharest, Romania.
3 Mar 2020

Where I can live for free? ›

Free Land in the US
  • Beatrice, Nebraska.
  • Buffalo, New York.
  • Curtis, Nebraska.
  • Elwood, Nebraska.
  • Lincoln, Kansas.
  • Loup City, Nebraska.
  • Mankato, Kansas.
  • Manilla, Iowa.

Where is the best place to retire in the world? ›

1. Panama. This is the 11th year that Panama has earned the top spot on the Retirement Index, and it's easy to see why. The country is perfectly perched between North and South America, just a three-hour flight away from Miami.

What is the best country to retire in? ›

These are the top five. In 2022, Australia is once again in the top 5 of the comfortable retirement rankings, coming in fifth place after landing in third in 2021.
...
  • New Zealand. #1 in Comfortable Retirement Rankings. ...
  • Switzerland. #2 in Comfortable Retirement Rankings. ...
  • Spain. ...
  • Portugal. ...
  • Australia. ...
  • Canada. ...
  • Luxembourg. ...
  • Italy.

Which country is best for living and earning money? ›

  • Switzerland has best salaries.
  • Germany provides quality education.
  • Spain — opportunities for investors.
  • Countries with a high quality of life.
  • Canada is the leader in terms of living standards.
  • Luxembourg and its business opportunities.
  • Austria has the most comfortable cities.
  • Finland has the happiest people.

What is the best English speaking country to live in? ›

Based on the percentage of English proficiency in the adult population, here are the top 10 European Countries for English speakers:
  • 8) Germany. ...
  • 7) Luxembourg. ...
  • 6) Austria. ...
  • 5) Finland. ...
  • 4) Denmark. ...
  • 3) Norway. ...
  • 2) Sweden. ...
  • 1) The Netherlands. Congratulations to the Dutch, on their ability to speak the English language.

How do I move to another country without a job? ›

How to Move to Another Country with No Job: 5 Steps for Success
  1. Choose an Affordable Country. ...
  2. Improve Your Finances Before You Move. ...
  3. Learn the Local Language. ...
  4. Volunteer While Abroad. ...
  5. Find a Job After You Move Abroad.
14 Feb 2022

What's the safest country in the world? ›

According to the Global Peace Index, Iceland is the safest country in the world for the 14th year in a row. Iceland is a Nordic nation with a relatively small population of 340,000.

What is the best country to live in for freedom? ›

Singapore

Which countries have brightest future? ›

The United Kingdom is the most forward-thinking country in the world, according to the CEOWORLD magazine Index 2021, while Japan and Germany placed second and third, respectively. The 2021 rankings placed Singapore in fourth ahead of South Korea; while the United States ranked sixth, and Australia seventh.

Which country will be the best to live in 2030? ›

By 2030, Americans' life expectancy is forecast to increase, but only by 1.1 years to 79.8. In contrast to the United States, China's life expectancy is expected to increase over the next decades drastically.
...
Countries With The Highest Average Life Expectancies In 2030:
CountryJapan
Rank 20181
Life expectancy 201883.7
Rank 20302
Life expectancy 203085.7
73 more columns
28 Feb 2019

Which country will dominate the world in future? ›

In 2017, Center for International Development at Harvard University, published a research study, projecting that India has emerged as the economic pole of global growth by surpassing China and is expected to maintain its lead over the 2020s.

How do I start a fresh life? ›

How to Start a New Life
  1. Always Learn Something New. ...
  2. Take Steps to Face Your Fears. ...
  3. Maintain a Meaningful Social Circle. ...
  4. Find Healthy Ways to Cope With Anxiety. ...
  5. Become Part of a Movement. ...
  6. Take Ownership. ...
  7. Pay Attention to Your Dreams. ...
  8. Unplug to Tap Into Creativity.
7 Jun 2022

What is the best city for a single woman to live in? ›

5) Rochester, N.Y.
10 Best Places for Single Women
RankMetroWellbeing Score
1Madison, Wis.84.1
2Bridgeport, Conn.79.4
3Hartford, Conn.76.1
7 more rows
3 Apr 2019

What is the cleanest city in the world? ›

The capital of Estonia, Tallinn, is known as the cleanest city in the world. It has 430,000 people, and it's one of the most livable cities in Europe. The capital's high level of education means that its streets are spotless, and almost every household recycles their waste paper to reduce landfill levels.

What is the coolest city in the world? ›

Time Out's top 10 coolest cities
  • San Francisco, California, USA.
  • Amsterdam, Netherlands.
  • Manchester, UK.
  • Copenhagen, Denmark.
  • New York, USA.
  • Montreal, Canada.
  • Prague, Czech Republic.
  • Tel Aviv, Israel.
20 Sept 2021

Which is the beautiful city in the world? ›

1. Rome, Italy. At number one you voted Rome as the most beautiful city in the world. With its thousand-year-old buildings such as the Forum Romanum or the Colosseum , beautiful piazzas and world-class art – not to mention Vatican City – we are certainly not surprised.

What is the cheapest and safest country to retire? ›

Panama. Named to the top spot of "Best Places to Retire in 2022" on International Living's Annual Global Retirement Index, Panama has become a popular retirement destination.

Is Canada cheaper than US? ›

While certain goods and services such as healthcare, rent, utilities, and education cost less in Canada than in the US, others such as food and homeownership are cheaper in America. However, Canada is cheaper than America on average.

Which country has the most affordable housing? ›

Housing Affordability
#35 CountriesPercent of Household Income Minus Housing Cost
1#1 South Korea85.10 %
2#2 Estonia83.60 %
3#3 Hungary82.60 %
4#4 Russia82.50 %
31 more rows

Is Canada cheap to live? ›

Canada consistently ranks as one of the most expensive places to live in the world, though it also has one of the world's highest median incomes. In fact, the median income in Canada is approximately $37,800, which is among the top 20 in the world. However, with high median incomes come high costs of living.

What country can I live like a king? ›

For those not yet looking to retire, they make good vacation getaways as well:
  • Cuenca, Ecuador. ...
  • Coronado, Panama. ...
  • San José, Costa Rica. ...
  • Koh Samui, Thailand. ...
  • Vienna, Austria. ...
  • Capetown, South Africa. ...
  • Merida, Mexico. ...
  • Montevideo, Uruguay.
30 Jul 2022

Where in the world can I live for $800 a month? ›

Vietnam. The cost of living is what makes Vietnam an attractive destination for aspiring expats. A single person can live in Vietnam for as low as $800 a month, according to Numbeo. The cost of living, on average, is 47% lower than in the United States and rent is 66% lower.

Which country is best to start a new life? ›

  • New Zealand. Having moved up five places from our 2021 rankings, New Zealand tops the standings this year for all the reasons you'd expect. ...
  • Switzerland. Last year's winner has dropped a place, but remains a wonderful spot for expats. ...
  • Australia. ...
  • Canada. ...
  • Netherlands. ...
  • Norway. ...
  • Sweden. ...
  • Denmark.
19 Jan 2022

Is it better to move to Canada or USA? ›

Overall, foreigners choose Canada because it is simpler to immigrate than the US. The country has more immigration pathway options, an online immigration system that prevents discrimination, it takes less time to process your application, and so much more!

Is Australia cheaper than US? ›

Yes, it is expensive to live in Australia than in the US. According to numbers, Australia is around 23.5% costlier than the US.
...
Is Australia more expensive to live in than the US?
HEADSCOST
TransportCost is 26.7% more in Australia
Childcare ServicesCost is 23.4% more in Australia
5 more rows

Is UK cheaper than Canada? ›

Cost of living

Overall, the UK is slightly higher in living costs compared to Canada with grocery prices around 2.8% more expensive, according to Numbeo. Despite this, everyday products such as milk, bread and bottled water are actually cheaper in the UK.

Which Country is cheapest in Europe? ›

Bulgaria

Bulgaria often tops the list of inexpensive countries to visit in Europe – and with good reason.

What is the cheapest Country to live in Europe? ›

Cheapest European countries for expats
  • Portugal. This country is famous for good food, beautiful beaches, a relaxed lifestyle, and affordable living. ...
  • Slovenia. This Central European country became an independent country in 1999. ...
  • Spain. ...
  • Croatia. ...
  • Bulgaria. ...
  • Italy.

How much is rent per month Canada? ›

What is the average rent for a 1 bedroom apartment in Canada?
PropertyPrice per month
1 Bedroom$1358
2 Bedroom$1703
Single Family House$2361
Condo Apartment$2009
6 Jul 2022

What is a good salary in Canada? ›

How much does a Good make in Canada? The average good salary in Canada is $44,500 per year or $22.82 per hour. Entry-level positions start at $30,469 per year, while most experienced workers make up to $90,714 per year.

Is Canada cheaper than Australia? ›

Canada: Cost of living. According to the World Bank, living in Canada is 17.7% cheaper than in Australia. Australia is one of the priciest places in the world, but salaries are at a high level as well.

Videos

1. 10 Best Countries to Retire in 2022 (Low Cost of Living)
(Economics in a nutshell)
2. The Best Places in the World to Retire Along With Living Cost, Healthcare & Visa Requirements.
(Orange)
3. REVEALED: The World's 15 BEST Places to Retire in 2022
(International Living)
4. 10 Cheapest Countries to Live In The World 2022 !! Comfortable And Cheapest Places
(The Leading 10)
5. The best place to live or retire comfortably in the world?
(Victoria + Donny)
6. A Tour of My Home in the Algarve - My Portugal Paradise
(International Living)

Top Articles

Latest Posts

Article information

Author: Tuan Roob DDS

Last Updated: 07/29/2022

Views: 5947

Rating: 4.1 / 5 (62 voted)

Reviews: 85% of readers found this page helpful

Author information

Name: Tuan Roob DDS

Birthday: 1999-11-20

Address: Suite 592 642 Pfannerstill Island, South Keila, LA 74970-3076

Phone: +9617721773649

Job: Marketing Producer

Hobby: Skydiving, Flag Football, Knitting, Running, Lego building, Hunting, Juggling

Introduction: My name is Tuan Roob DDS, I am a friendly, good, energetic, faithful, fantastic, gentle, enchanting person who loves writing and wants to share my knowledge and understanding with you.