Top 11 Cheapest Places to Live in the World Right Now
Destinations Lifestyle

Top 11 Cheapest Places to Live in the World Right Now

In the world, there are millions of people who want to absorb the adventures of living in foreign countries. However, it is impossible to choose any random destination because of the high living expenses in foreign countries. Fortunately, there are some cheapest places to live in the world that can fit into your comfort. Let us discuss more such places in this post.

Generally, people think it is impossible to live and enjoy simultaneously in foreign countries after doing 9 to 5 jobs regularly. This statement is partially true because all the countries do not require high expenses to live. This article will recommend some cheapest countries and cities to keep on your priority list for living.

These countries will offer you affordable living, and due to this reason, you can balance your work-life effortlessly. From this article, you are going to know at least four extraordinarily cheap places where you can go to spend the rest of your life. Let’s dive deep into the topic.

Four countries with low cost of living and high quality of life

In the world, there are thousands of inexpensive places you may find for living. However, if you want a high quality of life, you must read these recommendations:

1. Vietnam

Lots of people may not know much about Vietnam. It does not mean that this country is a bad choice for living. People who have gone to this country know how exotic Vietnam is. If you want to gain experience and knowledge about foreign countries cheaply, Vietnam should be your top priority.

Vietnam is situated in the South-east portion of the Asia Continent. Its neighbor countries are China, Laos, and Cambodia. This country is peaceful and opens you up to the excellent community of Vietnam for living.

One of the main cities of Vietnam is Ho Chi Minh City which is situated in the south of the country. Its capital is Hanoi which you can find in the north portion of Vietnam. Other significant cities of Vietnam are Da Nang, Nha Trang, Hue, Haiphong, Can Tho, Dalat, and so on. You can find most jobs in these popular cities of Vietnam. These cities are considered the cheapest places to live in the world currently.

One of the popular jobs in this country is English Language teaching. People who have come to this country to live mainly teach English to Vietnamese. They earn approximately $1,000 to $1,500 per month through teaching only. The name of the currency of this country is Vietnamese Dong (VND). One USD is equal to 23,000 VND. So you may understand how cheap this country is.

2. Costa Rica

If you prefer a coastal area, then Costa Rica should be the first choice for you. It is one of the most popular countries in Central America.

It is an excellent place to live not just because of its cheap expenses; rather, you can find lush jungles, friendly local communities, and tropical beaches here. All of these elements help you to fall in love with Costa Rica for sure.

In the whole of America, you will never find a cheap country like Costa Rica. If you live here for some days, then you will merge easily with the “Pura Vida” vibe of Costa Rica.

People who live in this country mainly focus on English language teaching, learning scuba diving skills, and tourism to do work. These three are the most popular jobs in Costa Rica. You require approximately $3 – $6 per day to live comfortably in this country. You can keep $300 – $500 per month as per all expenses. It is very cheap compared to other countries in America.

3. Bulgaria

If you do not want to go to American or Asian countries, you can try European countries to find the cheapest places to live in the world.

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Many people may argue because almost all European countries are expensive to live in and you need some proper skill sets to survive in those countries. However, it is partially true.

If you search then you can find cheap places on the European Continent. Bulgaria is such a European country that you can live like a king without prior skill sets.

This is a country situated in Eastern Europe. Its neighbor countries are Greece, Romania, Macedonia, Turkey, and Serbia.

If you choose this country to live in, you will get a chance to explore the historic moments of these places. You can be a witness to those moments, which happened 9000 years before.

Here you can start living in Bulgaria with a job in English language teaching. Tourism is another popular job in this country. So if you have a degree in the tourism industry, you must try at least once here.

The cost of public transport in Bulgaria is not more than $2, which is cheaper than in other European countries. You can take accommodation facilities as rent initially within $250 per month. For the daily meal, you can expect not more than $5 per day. Thus, these make it one of the cheapest places to live in the world.

Cheapest Places to Live in the World Bulgaria

4. South Africa

If you do not prefer all of these Continents, then you can research the African countries. Many African countries are considered the cheapest places to live in the world right now.

South Africa is such a country where you can live easily if you know English well. It is because the South Africans speak English with each other.

The most popular jobs in South Africa are teaching English, photography, tourism, and so on. If you know other African languages well, then you can pursue your career in it also.

For the daily eating purpose, you have to keep at least $8 in hand to spend in local restaurants. You can find accommodation facilities here within a range of $300-500 easily. The cost per day of living in South Africa will become less than $10 if you know how to cook, which is very cheap.

South Africa

Cities with the best quality of life at the best price

There are some places considered the cheapest places to live in the world. However, all of these places will not provide you with the best quality of life. So if you want to live a healthy lifestyle, you must choose a city that will provide you with the best quality of lifestyle. From this article, you can get some recommendations of some cities for healthy living.

5. Vienna

Vienna is the capital of Austria. This city is considered the best city to live in, in the world, according to Mercer’s living quality. The main specialty of this city is the low crime rate. It is a cheap city too for daily living. However, there are also some other reasons why you should choose Vienna for living.

You can find an affordable accommodation facility in Vienna easily. The houses of Vienna are fully decorative, and these have spacious rooms. Among all cities globally, Vienna is considered one of the cheapest and safest places to live in the world.

If you want a hustle-free transportation system, then Vienna is the perfect city for you to live in. This peaceful transportation system helps you to be productive all the time. This will save some precious time for you by reaching a certain place within time.


6. Vancouver

Vancouver is the third healthiest city for living after Vienna and Zurich. This article is not recommending Zurich for living because of its very high daily expenses. Though Vancouver is an expensive city to live in, it is still comparatively good for you.

According to a survey by Mercer, Vancouver is the third best place to live because of its low pollution rate in recent times. Not only that, but you can find here political stability, leisure, lower crime rate, health facilities, and so on.

The organizational culture of Vancouver is the best compared to other cities in the world. This factor will help you to live a stress-free life.

If you have a little bit of money for spending, then you should shift to Vancouver for sure. However, for survival purposes, you are required to have some specific skills. These skill-sets will help you to get high-paying jobs here.

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Though all the people keep guns with them, this city’s crime rate is lower than American cities. So you can feel Vancouver is a safe place to live also.

Cheapest Places to Live in the World

7. Auckland

Auckland will be an excellent city to live the rest of your life. If you want to explore the hilly regions, then Auckland will be the perfect city for you. Flexible work environments and the culture of work help to create a healthy lifestyle for workers. So if you want to make plans to shift to other cities in New Zealand, then Auckland will be the perfect city for you.

The population strength of New Zealand is not so strong, and that’s why the companies of Auckland offer good and healthy jobs for foreigners. These jobs are stable, reliable, and flexible.

The internal stability of Auckland is excellent, according to Mercer’s survey. This survey has stated that Auckland has a low crime rate too that is good for living.

Auckland is ahead of all other cities of New Zealand in terms of personal safety and security. Hence, you must choose Auckland for living if you prefer this beautiful country to reside.


Best places to live in the world economically

There are thousands of places in the world where you may live comfortably if you have proper financial resources. However, if you want to find affordable places to live, then you may not live in every country in the world.

8. Kolkata

Kolkata is one of the cheapest places to live in the world. It is situated in the Indian subcontinent. If you do not have much money to spend on living, then you can choose this city. Here you can get accommodation facilities at a much cheaper cost. Not only that, but you can become a witness to the cultural heritage and literature of this city.


9. Minsk

Minsk is another city where you can live comfortably. However, it is not very cheap to live in compared to Kolkata.

One person requires approximately $600-$700 per month to live healthily. But this city is worth living in because of the transportation, political stability, and low unemployment rate.

So if you want to find jobs, then you may find them quickly here. The government of Minsk runs different types of work programs. You can participate here to learn various skills.

Cheapest Places to Live in the World

10. Johannesburg

Johannesburg is another inexpensive city to live in. It is situated in South Africa. It will be suitable for you because this city is gradually becoming the business center of South Africa.

More business is equal to more chances of job opportunities. So if you want to earn more money, then Johannesburg may be the suitable option for you to stay. However, one of the main drawbacks is its high crime rate. Thus, to maintain safety, you should be a little bit cautious while living there.


11. Windhoek

Windhoek is considered one of the cheapest places to live in the world currently. This city is situated in Namibia and is also the capital city.

Despite being the largest city in Namibia, it has only 322,500 people. Due to this reason, you can shift to this city for comfortable living.

The competition in daily life is very low here. So you can get available jobs here. Windhoek city prefers foreigners, and they welcome foreigners very well. Thus it would help if you considered this city at least once for living.

Cheapest Places to Live in the World Bulgaria


The cost of living in cheap places differ from one to another and they change as their economy changes. The list above shares examples of places that remained relatively affordable over a period of time as they are still developing. But there is research required in terms of economy growth prediction to best assess which one suits you.


1. Which country has the lowest cost of living?

World of Statistics marked Pakistan as the cheapest country to live in 2023.

2. Why is India the cheapest country?

India is not the cheapest country to live in 2023 but it ranks among the top 50.

3. Which country is cheaper than India?

Pakistan, Vietnam, Indonesia, Sri Lanka, Nepal, Ukraine, have a cheaper cost of living compared to India in 2023.

4. What is the cheapest country to live in Asia?

Pakistan is the cheapest country to live in Asia, followed by Vietnam, Sri Lanka, and Indonesia.

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