A Pocket-Friendly Sojourn: The Cheapest Places to Live in 2023

Sick of emptying your wallet just to keep a roof over your head? Longing for a place where your hard-earned dollar stretches further? You've landed on the right page, my cost-conscious friend! Here we journey around the globe, revealing the most affordable places to live in 2023. Grab your passport as we whisk you away to countries that won't break the bank. From quaint rural retreats to bustling cityscapes, these locations will have you living in high spirits without high costs.

Rolling in the Rupees: Cheapest Places to Live in Asia in 2023

Asia, the diverse and culturally rich continent, is a treasure trove of affordable living. Enter the exotic and delightful world of inexpensive rent, mouth-watering cuisine, and immersive traditions.

1. Vietnam

Our first stop is Vietnam, a charming destination that makes the "cheap countries to live in 2023" list. Here, a monthly budget of less than $1,000 can assure you a comfortable lifestyle, inclusive of lodging, food, and other necessities. Saigon and Hanoi are cosmopolitan hotspots teeming with exciting nightlife and inviting street food. If coastal living tickles your fancy, Da Nang's sandy beaches await you.

Affordable living in Vietnam

2. India

India, the land of rich heritage and enticing flavors, promises an affordable lifestyle without compromising on the zest for life. According to Numbeo, the cost of living in India is 65.2% lower than in the US (excluding rent). Locations like Goa and Kerala offer a harmonious blend of sandy shores, lush landscapes, and cultural immersion, all without causing financial strain.

Experience the affordability of India

The Euro on a Shoestring: Cheapest Places to Live in Europe in 2023

Think living in Europe is a far-fetched dream? Think again! There are hidden gems in Europe where your budget extends further than you can imagine.

3. Portugal

Portugal, a European wonder with sun-kissed beaches and vibrant city life, boasts as one of the cheapest places to live in Europe in 2023. This slice of the Iberian Peninsula offers affordable housing, with apartments in the capital, Lisbon, going for around $800 per month. Pair that with the reasonably priced food and leisure activities, and Portugal is a thrifty person's paradise.

Portugal: European living on a budget

4. Bulgaria

Bulgaria, often overlooked, provides a low cost of living with a monthly budget of $800 to $1,000. Not only does Bulgaria offer affordable living, but also a rich history, delicious food, and friendly locals. Plus, you can't beat the breathtaking views of the Black Sea coast!

Live comfortably for less in Bulgaria

Samba in Your Savings: Cheapest Places to Live in South America in 2023

Next, we dance our way to South America, where vibrant cultures meet affordable lifestyles.

5. Bolivia

Bolivia, home to the breathtaking Andes and the iconic Salt Flats, also houses some of the cheapest places to live in 2023. A monthly budget of less than $1,000 is adequate for a comfortable life in Bolivia, including housing, food, and entertainment. The capital, La Paz, offers a balance between urban living and cultural heritage.

Discover affordable Bolivia

6. Ecuador

Ecuador, a haven for nature lovers and adventure seekers, ranks among the best places to live on a budget. For those looking to retire abroad, it also emerges as one of the most affordable retirement destinations. With the cost of living being significantly lower than in North America, you can enjoy beautiful landscapes, tropical climate, and affordable healthcare.

Ecuador: Affordable living and retirement

A Central American Fiesta: Cheapest Places to Live in Central America in 2023

From jungles to pristine beaches, Central America is a cost-effective wonderland.

7. Nicaragua

Nicaragua, known as "The Land of Lakes and Volcanoes," offers an affordable cost of living with the opportunity to reside in picturesque colonial cities or beachside towns. A monthly budget of $700 to $1,000 allows you to live comfortably and enjoy this beautiful country's charm and friendliness.

Affordable living in Nicaragua

8. Guatemala

Guatemala, the heart of the Mayan world, offers not only a rich cultural experience but also an opportunity to live for cheap. With housing, utilities, and food at prices much lower than the US average, this vibrant country promises an affordable yet fulfilling life.

Experience Guatemala on a budget

Affordable Peaks and Plains: Cheapest Places to Live in North America in 2023

North America is not all about high prices and expensive lifestyles. There are locations where you can live a decent life without spending a fortune.

9. Mexico

Mexico, a land known for its flavorsome cuisine and spirited festivals, offers an attractive blend of affordability and rich culture. Known for its cheap living abroad, Mexico provides a variety of locales from the cultural hub of Mexico City to the beachfront paradises of Cancun and Playa del Carmen.

Experience affordable Mexico

10. USA – Mississippi

Who said you couldn't live cheaply in the USA? Mississippi, the Magnolia State, ranks as the most affordable state to live in 2023. With lower-than-average costs for housing, utilities, and groceries, Mississippi is proof that the American Dream can still come cheap.

American living for less

African Adventure on a Budget: Cheapest Places to Live in Africa in 2023

Experience the African savannah and vivacious cities at a fraction of the price.

11. Morocco

Morocco, with its blend of cultures, vibrant markets, and mouth-watering cuisine, stands out as one of the cheapest places to live in Africa in 2023. Here, one can lead a comfortable life for around $1,000 per month, including rent, food, and leisure activities.

Enjoy Morocco on a budget

12. Tunisia

Tunisia, the northernmost country in Africa, offers a cost-effective lifestyle along with beautiful Mediterranean beaches and iconic desert landscapes. Its capital, Tunis, combines the charms of a historic old town and the vibrancy of a modern city.

Living affordably in Tunisia

Budget-Friendly Down Under: Cheapest Places to Live in Australia & New Zealand in 2023

The lands Down Under also offer affordable living options.

13. Tasmania, Australia

Tasmania is one of the cheapest places to live in Australia in 2023. This island state offers a lower cost of living compared to mainland Australia, along with beautiful natural landscapes, fresh produce, and a relaxed pace of life.

Experience affordable Tasmania

14. Palmerston North, New Zealand

Palmerston North, a city in the North Island of New Zealand, offers lower rent and living costs than the country's major urban areas, Auckland and Wellington. Here, you can enjoy the great outdoors and a strong sense of community.

Living for less in New Zealand

Caribbean on a Dime: Cheapest Places to Live in the Caribbean in 2023

Island life need not be expensive!

15. Dominican Republic

The Dominican Republic, known for its azure waters and pristine beaches, is a perfect option for those looking for budget-friendly travel destinations. A monthly budget of $1,200 - $1,500 can provide you with a comfortable, Caribbean lifestyle.

Live the Caribbean dream affordably

This list of the cheapest places to live in 2023 showcases that an exciting, fulfilling life doesn't have to come with a hefty price tag. So, pack your bags, embrace the spirit of adventure, and experience these affordable wonders worldwide. Your wallet will thank you!


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