Cheapest Places To Live In The World

With the current economic stress in the United States, more and more residents are considering a big change in living arrangements. They are investigating to discover where exactly the cheapest places to live in the world can be found. There are many places that fit that description, but several factors must be acknowledged. While these countries offer as much as 50% less cost of living expenses, the trade off may be isolation, missing friends and family, seasonal weather challenges and doing without some of the things that we take for granted here. Education for your children, health care, and the potential to support yourself financially must also be addressed. Having said that, let the investigation begin. Wonderful, magical places await.

Thailand, whose capital is Bangkok, and who claims a population of 65 million or more residents is, in fact, one of the cheapest places to live in the world. As is the case in almost any scenario, this country has its expensive living areas in the cities and much cheaper places farther outside the city limits. You can spend from $30 a month for a mountain flat to $90 a month closer to the ocean to over $500 a month in the city. If you eat local mostly foods, you can probably budget about $200 a month. The great beaches are a major attraction, but there is the yearly issue of monsoons to deal with as well. It is very easy to find a job teaching English that will support you in Thailand, and many renters eventually buy property as a slow but steadily increasing future investment. Because of the language issues and for safety reasons, most expatriates live near each other in communities that can become a bit like a fishbowl. The expression “Familiarity breeds contempt” has been known to be true occasionally, especially when everyone is cramped together indoors during the rainy season.

For those wanting a drier atmosphere, Egypt can also be  found on the list of cheapest places to live in the world. However, you will need your own income, payable in US dollars to make that work for you in this country. You can pay as little as $500 a month for a nice, partially furnished apartment in the better section of the city or much less if you choose to live on the economy. Food is cheap as are utilities, and no one seems to pay much in the way of taxes. Transportation is also very affordable with $.25 metro fare and relatively cheap taxis too. Of course, it is possible to find all the typical American luxuries nearby in the larger cities, but you will pay for anything that is imported.

A coffee plantation just south of Orosi
Image via Wikipedia

Closer to home, Costa Rica, whose capital is San Jose, is home to about 4 million residents, 20,000 or more of which are expatriates looking for a cheaper place to live.. With 12 different climate zones and an average year round temperature of 72 degrees, this could definitely be considered paradise by many. Depending on how close you live to the city and your particular desires, a house or flat could cost between $250 and $3000 month. A bunch of bananas is $.50; a nice meal can cost $4.00 – $5.00. Unquestionably, this country is the most expensive one to choose in Central America, but as a result it also has the highest standard of living. The yearly rainy season runs from May – November, and that means rain every day, something to consider if you are thinking about this vacation playground.

Church of the Virgin of the Angels during 2007...
Image via Wikipedia

Belize is a little country of almost 300,000 and definitely one of the most beautiful countries in Central America. Because English is the national language, Americans are really attracted to the beautiful beaches and subtropical climate. Of course, that climate includes the rainy season from May – October and the possibility of hurricanes. On the other side is the fact that this small, peaceful country offers much to those looking for a cheaper way to survive. Local groceries are cheap; the imported ones cost more. Cars are about the same as in the US, but you will pay more for gasoline ($3-$5.50 right now). Utilities are inexpensive, but the water tastes bad, so many homeowners invest a few thousand dollars in a cistern to catch rainwater. Housing varies from a few hundred dollars outside the city to more within the city limits.

Did you know that Mexico has the 12th biggest economy in the world? Depending on where you choose to reside, you can pay inflated prices because you have been identified as a “gringo” with money. This often happens if you plant yourself near other Americans. The prices for everything mysteriously start to rise. On the other hand, more isolated places are incredibly welcoming, and it is easy to become a legal resident in this country. Food is inexpensive and chemical-free, concerts are free, and your living expenses will be between 30% – 50% less than in the US. Health care is also great and inexpensive. If you stay out of the expensive areas, you might find a two bedroom place for $100 – $400 a month.

There are so many wonderful spots that could easily be identified as the cheapest places to live in the world. They all have both positive and negative aspects. Perhaps the safest decision would be to actually  visit  these countries and rent long enough to know if this is actually the right place for you and your family. Moving outside the United States is a huge adventure, but it is one that more and more Americans are choosing and loving.

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Cheap places to live in South America?

Question by Harry: Cheap places to live in South America?
I’m sure there are a lot. Ideally it would be a place sea-side. An internet connection.

Would probably try to get certified to teach English.

I’m an aspiring writer. Also good at poker.

TMI …thanks :)

Best answer:

Answer by ?
Argenteana And Venisualia if you have a way to get U.S. dollars in with out going threw a bank. They will pay 75%over posted rate for them to horde. So quit a bargan if you have U.S. cash on hand there.

Know better? Leave your own answer in the comments!

Which is the best place & cheapest place to live in California

Question by Khary H.: Which is the best place & cheapest place to live in California
BAKERSFIELD,SACRAMENTO I need help i want to move to California and i want to live in a affordable and nice city thats big and has a lot to offer as far as fun,or at least some where thats close in driving distance that i can go to,but you can also tell me about Bakersfield,Sacramento and a few other place snear central or southern California,but what ever you guys feel is a nice places please explain your reason i would appreciate it a lot thanks.

Best answer:

Answer by kemperk
cheapest would have to be in the desert areas E of San Bernardino.

best place is a value judgment; do you prefer the ocean,
a lake, the mountains, desert? City–suburbs?

I have been to them all and they are all great. [and I lived in Sac
for 10 yrs]

Know better? Leave your own answer in the comments!

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Cheap places to live but good colleges?

Question by guy: Cheap places to live but good colleges?
I want to move out of my parents house and want to live somewhere else, do you know any cheap places to live in the united states but have good colleges in those areas? best answer gets 10pts

Best answer:

Answer by Caitlin P
The cost of living in Cleveland is very cheap (you can buy a house for the price of a VCR! – google it if you don’t get the reference), and Case Western Reserve University is a very good school, especially in science and engineering – if you were looking to go down that path.

What do you think? Answer below!

whats the cheapest and safest place to live in California?

Question by Farrah: whats the cheapest and safest place to live in California?
I really want to move there. I am poor, but I need to move out fast. I’m from South Carolina.
Is there any place in California, especially Southern California, where it is safe but it is also very cheap?

In SC you can find 2 bedroom apts for $ 500-800, so if theres any city with apts around that price range please let me know? thx :)
well then i dont mind any place in california actually.. is Daly City cheap or expensive?

Best answer:

Answer by Sarah :-) x
if you type in on google safest and most cheepest place to live in in California it will show what you might want or just type in your question on google

Give your answer to this question below!