For many people looking to move abroad, affordability is a major factor. However, finding a country where the cost of living is low without compromising on quality of life can be challenging. Whether you’re a digital nomad, retiree, or expat, relocating to a budget-friendly country can help you enjoy a comfortable lifestyle while spending less. In this blog, we explore the 10 cheapest countries to live in without sacrificing comfort, security, and modern conveniences. If you’re considering migration, consulting a migration agent can make the process easier and more efficient.
1. Vietnam
Vietnam is one of the most affordable countries to live in while offering a vibrant culture, delicious food, and scenic landscapes. Cities like Ho Chi Minh City and Hanoi provide modern amenities at a fraction of the cost compared to Western countries. You can comfortably live on $700–$1,200 per month, covering rent, food, transportation, and entertainment. Street food is incredibly cheap yet delicious, and public transport is budget-friendly.
2. Thailand
Thailand is a top choice for expats and digital nomads due to its low cost of living and high quality of life. Cities like Chiang Mai and Bangkok offer affordable housing, excellent healthcare, and a thriving expat community. A comfortable lifestyle in Thailand costs between $800 and $1,500 per month. The country also boasts stunning beaches, a rich cultural heritage, and a warm climate year-round.
3. Mexico
Mexico is a great option for those looking to live in a country with affordable living costs, warm weather, and a strong expat community. Popular cities like Merida and Guadalajara offer modern conveniences, good healthcare, and a lively cultural scene. The average cost of living ranges from $900–$1,500 per month, depending on lifestyle choices. Plus, Mexico is conveniently close to the US for those who need to travel back and forth.
4. Portugal
Portugal is one of the most affordable European countries with a high quality of life. Lisbon and Porto are slightly more expensive, but smaller towns like Coimbra and Braga offer budget-friendly living with modern amenities. With $1,200–$2,000 per month, you can enjoy a comfortable lifestyle, great healthcare, and access to beautiful beaches and historical sites. Portugal also has an easy residency process for expats.
5. Georgia
Georgia, located in Eastern Europe, offers a unique mix of affordability and modern amenities. The capital, Tbilisi, provides an excellent quality of life at a low cost. You can comfortably live on $700–$1,200 per month, covering rent, groceries, and utilities. Georgia is also welcoming to foreigners, with easy visa policies for digital nomads and expats.
6. Colombia
Colombia has become a favorite destination for expats due to its low cost of living, stunning landscapes, and friendly locals. Cities like Medellín offer excellent weather, affordable housing, and modern infrastructure. A monthly budget of $800–$1,500 is enough for a comfortable life, including entertainment, healthcare, and dining out. The country also has a well-connected public transport system.
7. Indonesia (Bali)
Bali, Indonesia, is a paradise for expats and digital nomads looking for an affordable yet high-quality lifestyle. With a budget of $800–$1,500 per month, you can enjoy beachfront living, delicious local food, and a vibrant community. The cost of rent, utilities, and entertainment is much lower compared to Western countries. Bali’s visa options make it an easy destination for long-term stays.
8. Bulgaria
Bulgaria is one of the cheapest places to live in Europe, offering affordable housing, low utility costs, and great public transport. Sofia, the capital, provides all modern conveniences, while smaller towns are even more budget-friendly. You can live comfortably with $800–$1,500 per month. The country also has a rich history, beautiful landscapes, and easy access to the rest of Europe.
9. Ecuador
Ecuador is an excellent choice for expats, offering a pleasant climate, low cost of living, and stunning natural beauty. Cities like Cuenca and Quito provide affordable housing, excellent healthcare, and a welcoming community. A monthly budget of $900–$1,400 is enough for a comfortable lifestyle. Ecuador also has a retiree-friendly visa process, making it an ideal destination for those looking to settle abroad.
10. Philippines
The Philippines is another budget-friendly destination with a high quality of life. The country offers a tropical climate, stunning beaches, and affordable living costs. Cities like Cebu and Davao provide modern amenities at a fraction of Western prices. You can comfortably live on $800–$1,500 per month, covering rent, food, and entertainment. The Philippines also has a friendly visa policy for long-term expats.
Final Thoughts
Choosing to relocate to a cheaper country doesn’t mean sacrificing comfort and quality of life. The cheapest countries to live in provide modern infrastructure, healthcare, entertainment, and a welcoming environment for expats. Whether you’re looking for a tropical paradise, a European retreat, or a culturally rich city, these destinations offer affordable and high-quality living options.
If you’re considering moving abroad, consulting a migration agent can help you navigate the visa and residency process smoothly. They can provide guidance on legal requirements, work permits, and other essential aspects of international relocation.