8 Cheapest Places to Live in the World

If you want to learn more about real estate CRM and marketing system designed to guarantee your success in real estate sales, you should definitely contact the best real estate CRM. On the other side, if you want to move out and live on a budget, make sure to check out our list of cheapest places to live in the world. It’s more or less logical that there are countries in this world in which you don’t need a lot of money to live a decent life, and in the age of a global economic crisis, it would be quite useful to learn more about them. This list should be especially read by people who are thinking of moving abroad, but who are not very much economically stable to choose among any countries on the world map. If you want to move with your family, it’s highly recommended to consider one of the countries from the list, so make sure to learn more by reading our list. Let’s get it started, with the help of the Forbes!

  1. Carvoeiro, Algarve, Portugal

It has been estimated that the total monthly budget per a person is $1,150. The rent in this incredible Portuguese town is only €650, so it’s definitely among, if not the cheapest place in the world.

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The Algarve

  1. El Poblado, Medellín, Colombia

One person will have to spend around $1,650 monthly in this town, which is definitely not much if you take into consideration that all is included in this. Electricity and water are, believe it or not, free!

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CCI Antioquia

  1. Las Terrenas, Dominican Republic

The total monthly budget for a person in Las Terrenas would go around $1,250, which is almost incredible. And, Dominican Republic is so beautiful!

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Trip Advisor

  1. Santa Familia, Cayo, Belize

Similarly like in the previous place, if you will need to have around $1,200 per person monthly if you want to have a decent life in Santa Familia. This is definitely nothing, considering the fact that in some cities you can’t even pay rent with this money.

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Steve Pomeranz

  1. Chiang Mai, Thailand

Living in Thailand on a total monthly budget of $1,000 per person sounds incredible, but it’s definitely possible. Start packing!

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Presidential Aviation

  1. Barcelona, Spain

Can you believe that you could live in Barcelona on a total monthly budget of $1,600 per person? This is definitely unbelievable for a big European city, but it’s more than possible!

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  1. Granada, Nicaragua

$1,225 per person is the amount you need if you want to live a decent life in Granada, Nicaragua. This would be around 35,945 córdobas, and the rent goes around 22,870 córdobas.

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Live and Invest Overseas

  1. Kota Kinabalu, Malaysian Borneo

This is definitely the place to be if you want to live on the budget, as the amount you need per person for a month is only $850, which is MYR 3,833. You would spend MYR 2,500 for renting a place, while the rest would go on paying bills, food, and other necessary things.

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XpatsTravel Shanghai