The year 2020 has been a weird year, it started normal but then things began to get a little bit rocky. First, we got the coronavirus, which pretty much halted the world economy; people are staying home, an economic depression is on the horizon and the oil prices are in the negative. This is the weirdest year we had to witness in a long time. In an unstable economic atmosphere like the one we currently have, you might start to wonder where would be the cheapest places to live and still have a decent life. We gathered a list of the cheapest countries that you could live in and still enjoy a relatively decent standard of living.
Bordering the biggest economy in the world from the south is one of the cheapest countries to live in; rent for a one-bedroom studio apartment in this country costs on average $275, did you guess which country it is? Obviously it is Mexico, but what is not so obvious for people is that it’s really cheap to live there; eating out could cost you around three dollars, coffee could cost one dollar, and as you can see in this Reddit post:
You can get a lot of vegetables and fruits for just $25.
On number four on our list comes Peru. A country that is located in South America and borders many countries like Colombia, Brazil, Chile and the Pacific Ocean. One-bedroom apartment in this country is going to cost you around $198 per month, a normal-sized beer $1.47 and coffee is going to roughly cost around one dollar. Eating out costs around $2.70. Therefore, if you are looking for a cheap country to live in then this country should surely be on your list.
The third country we have is Indonesia. Rent here is going to cost you around $142 per month for a one-bedroom studio apartment and $12 for a night in a hotel. Eating out is also cheap, a meal could cost around $1.77 and coffee costs around $0.71.
We’re still in Asia and coming up at number two is Vietnam. Now while a one-bedroom studio apartment is going to cost you around $259 a month other expenses are cheaper than most of the countries that we have discussed in this list so far. For example, coffee can cost you about $0.58 and eating out could cost only around $1.7.
Coming up at number one on the list is Argentina. Getting a one-bedroom apartment in this country is going to cost you around $100 a month. Eating out will cost you around $1.7, which is insane if you think about it. Coffee costs around $0.50. And on top of all of that, it is a really beautiful country; with places like:
Perito Moreno Glacier
Incredibly beautiful cities like Mendoza
With all of that Argentina becomes a really hard destination to miss if you’re looking for an affordable country to live in.