If you have a dream of settling abroad, then you may want to consider the cost of living in your preferred country. Rent and utilities vary by far from one country to another, and are among some of the most expensive costs compared to other countries. Paying for accommodation, groceries, electricity, water, clothing, transportation, among other utilities can take up a huge chunk of your income.
Whereas, in some countries the cost of living is very expensive making it hard for individuals and families to make a living, in other countries that cost is very cheap. We’ve put up a list of cheapest countries to live in based on accommodation and living expenses for a single person living in the capital city of each country.
Here are the top 10 cheapest countries in the world to live in.
Rank | Country | Monthly cost of living |
1. | Indonesia | $340 |
2. | Bolivia | $431 |
3. | Nepal | $450 |
4. | Vietnam | $500 |
5. | Argentina | $542 |
6. | Peru | $543 |
7. | Mexico | $587 |
8. | Malaysia | $588 |
9. | Thailand | $679 |
10. | Cambodia | $812 |
