12 Countries You Can Live in That Are So Affordable You Could Quit Your Job
Are you dreaming of ditching the 9-to-5 grind and living somewhere your savings stretch further? You’re not alone. More Americans are trading high costs and burnout for affordable, laid-back lifestyles abroad. The best part? You don’t need a lottery win to make it happen.
From beachside paradises to charming mountain towns, these 12 countries let you live well on a shoestring budget. Some even offer special visas for remote workers or retirees. We’ve crunched the numbers, talked to expats, and lined up expert insights to help you find your perfect low-cost haven.
Portugal
Portugal consistently tops lists of affordable European destinations. A couple can live comfortably here on $2,500 a month, including rent. Lisbon and Porto offer city vibes, while the Algarve region has stunning coastlines.
Mexico
Just south of the border, Mexico delivers big savings without skimping on culture or amenities. Cities like Mérida and Oaxaca offer vibrant communities, while beach towns like Puerto Vallarta provide sun-soaked relaxation. The average monthly cost for a couple? Around $1,800. A 2023 Expat Insider survey by InterNations ranked Mexico as the top destination for expats worldwide.
Vietnam
Vietnam is a Southeast Asian gem where $1,000 can cover monthly rent, food, and weekend getaways. Ho Chi Minh City and Hanoi buzz with energy, while Da Nang offers a quieter coastal lifestyle. According to Expatistan, the overall cost of living in Vietnam is approximately 67% lower than in the United States, with food expenses being about 68% less.
Colombia
Colombia’s transformation over the past decade has made it a hotspot for expats. Medellín’s eternal spring weather and low costs (think $1,500 a month for a couple) make it a favorite. Bogotá and Cartagena also draw crowds with their urban and coastal living mix.
Thailand
Thailand’s “Land of Smiles” lives up to its name with affordable living and beautiful beaches. Chiang Mai is a digital nomad hub, while islands like Koh Samui cater to those craving paradise. A couple can live well on $1,800 monthly. A report by Better Living Asia indicates that the average cost of living in Thailand is approximately 40% less than in the U.S.
Ecuador
Ecuador offers everything from Andean highlands to Pacific beaches, all at bargain prices. Cuenca, a UNESCO World Heritage site, is a retiree favorite, costing around $1,600 a month for two. The country uses the U.S. dollar, eliminating exchange rate hassles.
Indonesia (Bali)
Bali’s tropical charm and low costs make it a dream destination. A couple can live comfortably for $1,500 a month, with villas, fresh food, and wellness culture adding to the appeal. The island’s diverse landscapes range from lush rice terraces to pristine beaches, offering endless opportunities for adventure.
Greece
Greece isn’t just for vacations; it’s a surprisingly affordable place to live. Islands like Crete and mainland cities like Thessaloniki offer Mediterranean living for around $2,000 a month. Numbeo data shows rents are 80.2% lower than in major U.S. cities.
Malaysia
Malaysia’s mix of modern cities and lush landscapes comes with a low price tag. Penang and Kuala Lumpur offer expat-friendly communities, with monthly costs averaging $1,700. The country’s “Malaysia My Second Home” program simplifies long-term stays.
Nicaragua
Nicaragua is Central America’s best-kept secret for budget living. Granada and San Juan del Sur offer colonial charm and beachfront bliss for under $1,500 a month. International Living highlights Nicaragua’s affordability, especially for retirees.
Cambodia
Cambodia’s monthly rents make it a backpacker-to-expat favorite. Phnom Penh and Siem Reap blend history with modern conveniences. Ancient temples like Angkor Wat stand in contrast to bustling markets and trendy cafes. The country’s warm hospitality and vibrant street food scene make it an inviting place to stay long-term.
Argentina
Argentina’s economic fluctuations have made it a bargain for expats with foreign currency. Buenos Aires rivals Europe in culture but costs far less (around $1,800 monthly for a couple). Affordable dining, world-class wine, and a thriving arts scene make everyday life feel indulgent.
Disclaimer: This list is solely the author’s opinion based on research and publicly available information.