Top 10 Cheapest Countries & States to Live In

Philips Edward

May 2, 2025

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In an increasingly globalized world, the quest for affordable living—where lifestyle quality is not sacrificed for budget constraints—has become more pressing than ever. The allure of inexpensive locales often comes embedded with the promise of adventure, cultural immersion, and newfound perspectives. This article explores ten of the world’s cheapest countries and states to live in, each offering a unique blend of affordability, culture, and charm. Whether you’re contemplating a permanent relocation or an extended sabbatical, these destinations provide tantalizing opportunities to stretch your dollar further than ever before.

1. Vietnam

Renowned for its vibrant street life and rich history, Vietnam emerges as a frontrunner in cost-effective living. The cost of accommodation, food, and transportation is astonishingly low. A modest apartment in cities like Ho Chi Minh City or Hanoi can be rented for as little as $300 a month. Street food is not only delicious but also incredibly affordable, with meals costing under $2. Beyond financial incentives, Vietnam offers breathtaking landscapes, ancient temples, and a community that embraces newcomers with warmth and hospitality.

2. Mexico

The land of vibrant culture and stunning vistas, Mexico captivates with its lower cost of living without compromising quality. Cities such as Mérida and Oaxaca are known for their affordability. Here, expatriates find comfortable one-bedroom apartments for under $500 per month. Furthermore, dining out can be quite economical, with flavorsome meals available for just a few dollars. The rich tapestry of traditions, festivals, and the welcoming demeanor of its people turn Mexico into a compelling option for anyone seeking a temperate lifestyle.

3. Thailand

Often touted as a tropical paradise, Thailand offers more than just exquisite beaches and stunning landscapes; it also ensures a financially sustainable lifestyle. In cities like Chiang Mai, costs plummet, allowing residents to enjoy lush surroundings and vibrant markets while living on a shoestring budget. Monthly rents can start as low as $200 for a decent, furnished apartment. The culinary scene is diverse and affordable, with an abundance of street food stalls serving tantalizing dishes that cater to various palates, promoting a lifestyle rich in flavor without draining one’s wallet.

4. Bulgaria

With its breathtaking coastline and mountainous vistas, Bulgaria presents a captivating narrative infused with history and culture at remarkably low costs. Living in Sofia or Plovdiv, an individual can expect to spend around $300 to $400 on rent. Moreover, utilities and public transport are exceptionally affordable, enhancing its appeal. The country’s burgeoning art scene and rich folklore provide intrinsic value, making Bulgaria not merely a place to live, but a place to thrive amidst beauty and tradition.

5. Portugal

Portugal, particularly in regions beyond the vibrant capital of Lisbon, beckons those in search of a low-cost yet high-quality lifestyle. Cities such as Porto or smaller towns like Évora offer rents for less than $600 a month. From mesmerizing coastlines to historic towns, every nook is filled with cultural essence. Additionally, dining outside is surprisingly reasonable—enjoy a meal with local wine without breaking the bank. The allure of a temperate climate and burgeoning expat community makes Portugal an intriguing option for would-be relocators.

6. India

With a tapestry of diverse cultures and experiences, India is perhaps one of the most economical places to live. In cities like Jaipur or Varanasi, one can live quite comfortably on a monthly budget of less than $300. Housing, food, and transportation are substantially economical, while the vibrancy of local festivals and the warmth of its communities offer a plethora of enriching experiences. Whether indulging in traditional meals or exploring ancient ruins, the myriad of offerings ensures that life in India is as fulfilling as it is affordable.

7. Ecuador

Known for its stunning landscapes that range from coastal beaches to Andean mountains, Ecuador captures attention with not just its beauty but also its budget-friendly living. The capital, Quito, allows expats to live well for around $600 a month, including rent and utilities. The food culture is equally satisfying and affordable, with fresh produce and locally made dishes at incredibly low prices. Wildlife enthusiasts and adventure seekers will find Ecuador’s ecological diversity a bonus to their financially friendly living conditions.

8. Costa Rica

Although slightly pricier than some of its Central American neighbors, Costa Rica still offers a relatively low cost of living, especially in rural areas. Towns like Grecia and Atenas allow individuals to enjoy lush rainforests, stunning beaches, and a peaceful lifestyle while spending around $700 monthly on accommodation and essentials. The country thrives on its “pura vida” philosophy, promoting a slower pace of life steeped in nature and wellness, creating a symphony of economic living and abundant experiences.

9. Pennsylvania, USA

Within the United States, Pennsylvania is often recognized for its affordable real estate and lower living costs compared to major metropolitan areas. Cities like Pittsburgh boast reasonable rent, with many variances depending on neighborhood and amenities. The surrounding landscapes and rich history provide a unique blend of rural and urban experiences, allowing residents to enjoy affordable living alongside access to cultural amenities. Outdoor enthusiasts will find an enchanting array of parks and recreational activities enhancing their lifestyle choices.

10. Missouri, USA

Missouri’s charm lies in its balanced blend of affordability and natural beauty. In cities like St. Louis or Kansas City, costs are significantly lower, with average monthly rents hovering around $800. The cultural diversity, music scene, and historical significance, coupled with ground-breaking culinary experiences, make Missouri an intriguing place for living inexpensively. Furthermore, its central location allows for easy exploration across the United States, making it an excellent base for adventure.

As the world grows smaller yet more complex, finding a locale that offers both affordability and enriching experiences can seem daunting. The destinations listed above not only promise lower living costs; they also beckon the wanderlust within us, inviting exploration and cultural exchange. Each location stands as testament to the fact that life’s best experiences need not come at exorbitant prices. With the right mindset and a curious heart, embracing a new life in an affordable paradise may lead to the most enriching chapter yet.

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