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.

Cheapest Places to Live.?

Question by NWO BLOWS: Cheapest Places to Live.?
Where are the best places to live in the world? Paradise and not expensive. I am sick of America,the corruption,the drama,the rude fat people. The attitude of everything is about money or what I can get out of this. There has to be places in the world where it is still paradise and a small town life.

Best answer:

Answer by Alpha_Charlie_zulu
the republicans are already making that dream come true, the cheapest place to live is under an overpass, one in forty five children in america are currently homeless.

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Is Spokane, WA a cheap place to live?

Question by monkeyluvr: Is Spokane, WA a cheap place to live?
Is it cheaper than Seattle or Portland? What’s the weather like in Spokane?

Best answer:

Answer by Tori
Yes, for the most part Spokane is a cheaper place to live than either Seattle or Portland. Housing is less than half of what it would be for a comparable place in Seattle. However, Spokane has a more extreme climate than Seattle or Portland – hotter, drier summers and colder, snowier winters so it can cost more for heating and cooling and you’ll need to have snow tires on your car.

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Cheapest place to live in New England?

Question by MJ: Cheapest place to live in New England?
Ive been really interested in moving to the new england area. It seems like a nice cool beautiful place with great air quality and open minds. Im curious of which cities/states in new england are cheapest because it is pretty expensive up there and if I were to move id probably move to one of the cheapest places first.

Best answer:

Answer by Punk Rock and Minerals
The cheaper places are either in the middle of nowhere or suck. New England is expensive, but you get what you pay for (other than weather, the weather here sucks, especially in the winter)
The cheapest decent place will likely be in the outer suburbs

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where is the cheapest places to live on the gulf coast?

Question by j’belle: where is the cheapest places to live on the gulf coast?

Best answer:

Answer by Tsunami
back bay is the place to try or biloxi that is a place you could try i am not sure what you mean by cheap. its expensive everywhere but you know in the south its cheaper then most.

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wheres the cheapest place to live in the south?

Question by Lenny: wheres the cheapest place to live in the south?
id love to move to SC or NC or florida.
BUT i want to live in a neighborhood where i can park my car in the road and no one looks in it..
or just bad areas in general.
id just like to know the rent city. and avg cost of apartments there.

EX:: state/City/400-800

Best answer:

Answer by SmartypantsDR
Your mothers basement!:D

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Where is the cheapest/safest place to live in San Francisco? Or, the same for a city outside SF to commute?

Question by Bridget: Where is the cheapest/safest place to live in San Francisco? Or, the same for a city outside SF to commute?
I am moving to the area to go to to grad school. I would like to live somewhere that either has a train station or bus station that goes into the city, or has less than an hour commute by car into the city. Also, by “cheapest” I mean rent that is less than $ 1,000 per month. Thanks for your help!

Best answer:

Answer by Spaceball Ricochet
How big a place are you looking for? The thing is, it’s quite expensive here. There’s nowhere within an easy commute of San Francisco where under $ 1000/month is the norm… there are some places, such as Dublin, parts of San Jose, Hayward, Gilroy (which can be quite cheap, but trains only run during rush hour), etc… that are more prone to exceptions than others, but none where you’d have tons of choices for that amount. Likewise, when there is something under $ 1000 you kinda have to fight tooth and nail to get it (as everyone else is looking for the rare gem under $ 1000, too). It’s not impossible, mind… but not that easy, either.

Your best bet would be to live with a roommate in either San Francisco (cheapest/safest neighborhoods are the Sunset and the Richmond – not to be confused with Richmond, the city, across the bay… which is relatively cheap but not safe) or somewhere an easy commute, such as Daly City or Berkeley (both are slightly cheaper than SF and easily accessible by BART).

Again, not impossible to find your own place for under $ 1000, but it could be difficult and take a while. But as a roommate, you could get a place in SF itself for $ 600-800 pretty easily.

What do you think? Answer below!