Ten Cheapest Places to Live Outside the United States—You Could Quit Your Job

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Ten Cheapest Places to Live Outside the United States—You Could Quit Your Job

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With an average monthly rent of $1,399 for a single individual, the cost of living in the United States is currently $2,213. Living expenses in the United States have skyrocketed for many, even for those with reliable incomes.

Uruguay

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The average monthly cost of living in Spain is $1,246; however, larger cities and resort beach towns may have higher costs.

Spain

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If one is willing to live on a tight budget, France is a great deal. Living expenses in the nation are $1,451, or 1.53 times lower than in the United States.

France

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In the nation, the average cost of living is $785 for an individual. Ecuador offers something for everyone due to its diversified geography, which includes mountains, jungles, and kilometers of unending beaches.

Ecuador

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At $546 per month, the cost of living in Colombia is about one-fourth that of the United States. There is a significant difference between what you would spend in the states and what you pay for rent, food, and transportation.

Colombia

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Portugal is a cost-effective European choice for Americans looking to live overseas, with an estimated cost of living of $1,073 per person.

Portugal

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A single person's monthly expenses in the county come to $786, although the average rent is only $354.

Mexico

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Costa Rica, a nation in Central America, is the ideal location for living overseas without running out of money. Rent for one person is about $440 per month, while the cost of living is about $1,000.

Costa Rica

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With a cost of living that is less than half that of the United States ($1,112 for one person), it is understandable why it consistently holds the title. The average monthly cost of rent is $588, with an additional $365 for food; other expenses are negligible.

Panama

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Visuals may be misleading. You may assume that only the wealthiest people in the world could afford to live on the little island (archipelago) of Malta after taking a cursory look at it. Thankfully, it's the complete opposite. At $1,340 a month, the cost of living on the island is shockingly low.

Malta