Top Cheapest Countries to Live and Work in the World
According to the World Economic Forum, these are the cheapest countries to live and work in the world, ranked from cheapest to most expensive.
If you’re looking cheapest place to live in the world, best countries to live in the world and cheapest country to live in. there are several factors to consider when choosing your new home abroad.
We’ve compiled this list of the 10 cheapest countries to live and work in, where you can get by on far less than $1,000 per month. Plus, with the recent economic crisis, the cost of living has decreased even further in some of these countries, so now may be a great time to start working abroad!
Below are the list of cheapest countries/place to live in the world:
- Poland
- Hungary
- India
- Malaysia
- Pakistan
- Philippines
- Romania
- Costa Rica
- Peru
- Vietnam
1) Poland
With a cost of living that’s about 20% cheaper than living in the United States, Poland is one of the cheapest countries to live in. And it’s not just the cost of living that’s cheap—wages are relatively low as well. That said, the quality of life is still high, with Poland ranking highly in measures of happiness and life satisfaction.
If you’re looking for a cheap country to live and work in, Poland should definitely be on your list. It’s one of the cheapest countries to live in according to Numbeo, where costs like groceries and transportation are much cheaper than in America. Plus, wages there are also lower when compared to other Western European countries.
2) Hungary
Looking for an affordable European country to live and work in, Hungary is a great option. The cost of living is relatively low, and there are plenty of opportunities for English speakers. Plus, Hungary is a beautiful country with a rich culture.
3) India
India is one of the cheapest countries to live and work in. You can find a place to live for as little as $200 a month, and the cost of living is very low. The average salary is around $1,000 a month, so you can easily save money. There are plenty of jobs available, especially in the IT sector. And, if you’re looking for a country with a rich culture and history, India is definitely worth considering.
4) Malaysia
Malaysia is often hailed as the cheapest country to live in the world. And it’s no wonder – with its low cost of living, great infrastructure, and abundance of natural beauty, Malaysia has a lot to offer. Plus, its central location makes it easy to travel to other countries in Southeast Asia. If you’re looking for an affordable place to live and work, Malaysia is definitely worth considering.
5) Pakistan
Pakistan is one of the cheapest countries to live and work in the world. The cost of living is low, and there are plenty of opportunities for work, especially if you’re willing to learn new skills. The people are friendly and welcoming, and there’s a lot to see and do in this beautiful country. If you’re looking for an affordable place to live and work, Pakistan is definitely worth considering.
6) Philippines
The Philippines is often touted as one of the cheapest countries to live and work in. And it’s true—the cost of living is low, and there are plenty of opportunities for English-speakers. Plus, the country is incredibly beautiful, with sandy beaches, crystal-clear water, and friendly locals. If you’re looking for an affordable place to live and work, the Philippines is a great option.
7) Romania
Romania is one of the cheapest countries to live and work in the world. The cost of living is relatively low, and there are plenty of opportunities for English speakers looking for work. Plus, Romania is a beautiful country with a rich culture. If you’re looking for an affordable place to live and work, Romania is a great option.
8) Costa Rica
Costa Rica is probably the most popular country in Central America, and for a very good reason. You don’t need to go broke while living and working there, because Costa Rica is one of the cheapest countries to live in for Americans.
Bargain flights from the US can also be found easily, making a trip to Costa Rica even more attractive. Although Costa Rica is more expensive than other countries in the region, such as Guatemala or Nicaragua, salaries also tend to be higher, which makes up the difference.
9) Peru
Peru might be the perfect country for you—bonus that it’s one of the cheapest countries to live and work!. Ranked as one of the cheapest countries in the world, your dollar will stretch a lot further here than in other South American countries.
Living and working in Peru will give you plenty of time to explore the Inca kingdom, from the sand dunes in Ica to the Amazon rainforest.
10) Vietnam
For those wanting to live and work in an exotic place, but not pay a fortune, Vietnam is any budget travelers dream. It’s one of the best and cheapest countries to live in for expats.
Although Vietnam is still a bit of an insider tip when it comes to cheap countries in which to live and travel, there’s plenty to see and do. Vietnam has stunning landscapes to explore, delicious local cuisine for foodies and is also somewhat of an adventure travel destination.
Conclusion:
If you’re looking to live in a new country, there are several factors to consider when choosing your new home abroad.
Is the cost of living in this country cheaper than where you currently live? Is the country safe and politically stable? Is it easy to get a work visa? If you answer yes to all of these questions, then Check out this list of the 10 cheapest countries/place to live and work in the world.