Citizens of a country there always on the lookout for ways through which we could enjoy an appropriate living that comes at a cheap cost. And ever since the COVID-19 pandemic has struck us because of the numerous lockdowns and so many curbs, many people out there are looking at alternate sources of income which leads to cost-effective measures in order to survive a healthy and prosperous life at a cheap cost of living. Because of the pandemic, several people have lost their savings, and some of their incomes have been put to a stop which has resulted in creating a strong negative impact on their standard of living.
Imagine living in the country, a dream country bearing all of your living expenses every single month falls under the $1000 category. If you haven’t been able to down the country that will help you in doing justice, we have created a list of top 10 countries which can be considered to live if you are looking for the cheapest expenses per month. We have put together a list of countries ranging from the tropical paradises of the central America region to the Far East region in the world. Here are the 10 countries you should consider to live if you want the cheapest living expenses. Read on.
- Cambodia: this country is located in south-east Asia and is also known by the name the kingdom of Cambodia or Kampuchea. It is a country that shares borders with other countries like Thailand, Vietnam, the Gulf of Thailand, and Laos. According to certain studies, the average cost of living here is approximately $812 per month. The currency of Cambodia is called KHR-Riel. A maximum population here practises Buddhism.
- Malaysia: just like Cambodia Malaysia is also located in south-east Asia however it is a much more modern country. It consists of three federal territories and 13 states. Your monthly budget for food, accommodation and other expenses will be around $588 per month. The pro of this country is that it is a modern one, it is friendly, and the crime rate is low.
- Thailand: talent is also a Southeast Asian country and consists of 76 provinces. It is known to be the fifth largest country in the world and has a population of a whopping 69 million people. The cost of living here per month roughly comes up to $500. It is also a country that thrives on tourism.
- Mexico: This country is found in the Southern part of the United States and shares borders with the Gulf of Mexico, Guatemala, the Pacific Ocean, and Belize. The currency is the Pesos and a studio apartment in one of the cheapest cities in Mexico will cost you $256 per month.
- Peru: this Spanish-speaking country is not the most beautiful country to live in and one of the cheapest as well. Your average cost of living a month would be around $543 and this country drives tourism owing to its mesmerising natural delights. Finding employment in Peru is easy and since it is a very popular tourist destination, it will give you plenty of opportunities to earn your living well.
- Argentina: this country too is a part of South America and is a Spanish-speaking country. Your monthly expense in the splendid country would cost $542. It is the eighth largest country in the world. The cheapest city in this country is the city of Salta.
- Nepal: known as the land of the Himalayas, Nepal is considered to be one of the most peaceful and cheapest countries to live in. This country lives in the foothills of the Himalayas and has a population of 29.3 million. The currency here is the Nepalese rupee and the average cost of monthly living is $500.
- Vietnam: this country falls in the Southeast Asian and Indo Chinese peninsula and shares its borders with Cambodia, Laos, and China. With a population of approximately 95.5 million people, Hanoi is the country‘s capital and the most populated city. The average cost of living per month in Vietnam is $500. This country too has vast tourism which makes finding jobs easier.
- Indonesia: this is a very beautiful country that offers a wide range when it comes to recreational activities. Indonesia is located between the Pacific Ocean and the Indian Ocean. It is home to nearly 17,000 islands and is considered to be the world’s largest island country with a population of two 64 million people. The average cost of living per month in Indonesia is $340 which makes it the cheapest country in the list. Bali and Jakarta are the most popular city of Indonesia.
- Bolivia: This country is known for its landlocked nature and is a part of the western area of South America. With a population of 11,05 million people, Bolivia is known to be the most multi-ethnic society As it includes Africans, Europeans, American Indians, and Mestizos. The average monthly cost of living in this country would be $431 and it might be news for you to know that 36 indigenous languages are spoken in this country.
Why not this list of 10 cheapest countries all around the world inspires you to move to a country where you could live your dream life. Moving to another country is a huge decision to make and we hope that this list gives you better clarity about it.
