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The 10 Cheapest Countries to Live in the World

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Cheapest Countries to Live in the World

Are you a citizen of a country and you are thinking of immigrating to a better country where the cost of living is not high? Read this article to the end. In this post, we will be looking at the cheapest countries you can live in the world.

These countries are relatively cheap and no matter how much you earn, especially as a low-income earner in any form of manual labor job, you can be able to afford a good apartment and eat three-square meals daily. If you are also looking at migrating as a student, not all of these cheapest countries are suitable for you; however, being able to choose one or two out of the ten countries should be okay.

RankCountry Average COL
1.Afghanistan$350
2.Pakistan$370
3.India$423
4.Tunisia$424
5. Sri Lanka$428
6.Kyrgyzstan$430
7.Algeria$431
8.Syria$435
9.Nepal$439
10.Turkey$447
Cheapest Countries to Live in the World

Top 10 Cheapest Countries to Live in the World

Below are the cheapest countries you can live in the world.

1. Afghanistan

Afghanistan is the first cheapest country to live in the world with its average cost of living per month at $350. The country is the most affordable country despite its history and security today. The cost of living is very low, and it is possible to find accommodation, food, and transportation at very reasonable rates.

In terms of accommodation, it is possible to get a one-bedroom apartment in the city center for around $120 per month. So if you are earning minimum wage and you are considering a country to travel to and have an affordable living, Afghanistan should be the first on your list.

2. Pakistan

Pakistan is the second cheapest country to live in the world with its average cost of living at $370 per month. Accommodation is very affordable and getting shelter generally is easy there. Food is also cheap; with $3.50 you can afford a meal in an inexpensive restaurant.

However, Pakistan is also a challenging country due to the insecurity in the country. If you are serious about moving to this country you need to do your research and move to safer cities or towns instead.

3. India

The third cheapest country to live in the world is India. Despite the huge population in the country, it is surprising that the average cost of living per month is around $423. Food is cheap in India. Notwithstanding how the average restaurant looks you can get a good meal at $1.50. Street food is also cheaper and mouth-watering.

You can get filled by just eating the local snacks alone. Despite being one of the most populated countries in the world, India is still one of the best countries to live in because it is rich in culture and it has adequate security.

4. Tunisia

Tunisia is an attractive North African nation that has gotten a good reputation for its beautiful beaches and historical landmarks. Living expenses in Tunisia are relatively low with their average cost of living at $424 per month. With a little sum of money, you can get a one-bedroom apartment in the city.

This kind of apartment is good for a small family. You can also enjoy an affordable meal at not-so-expensive restaurants for around $3.00. Public transportation is also fairly priced, with $0.35 you can get a one-way ticket.

5. Sri Lanka

Sri Lanka is the fifth cheapest country to live in the world with its average cost of living at $428 per month. Sri Lanka is a beautiful island nation that boasts stunning beaches, large tea plantations, and plenty of national parks. The cost of living in the country is comparatively low; with a minimum amount, you can get a one-bedroom apartment in the city center.

You can eat delicious meals at the local restaurants at very affordable prices ranging from $2.50. The one-way ticket in the country is around $0.30. All these written Sri Lanka is very affordable despite being very beautiful.

6. Kyrgyzstan

As unpopular as this country might be it is the sixth cheapest country you can live in the world. Kyrgyzstan is a landlocked country located in the middle of Central Asia. It is widely known for its stunning mountain landscapes and rich nomadic heritage. 

The cost of living in Kyrgyzstan is considered very low, with most of the one-bedroom apartments in the city center at around $430 per month. Unlike some countries where eating out is so expensive that you have to cook at home, eating at restaurants is also quite affordable.

In fact, with $3.00 you can buy and eat food to your satisfaction. Public transport is also very reasonable, with their one-way ticket priced at around $0.20. Kyrgyzstan exhibits an excellent option for immigrants looking for an affordable yet culturally diverse place to call home.

7. Algeria

Algeria is another country in North Africa that is the cheapest to live in the world. It is the seventh on this list because its average cost of living is around $431 per month. Algeria is popularly known for its Sahara desert and historical sites. A one-bedroom apartment in the city is around $431.

Algeria is known for its serenity and beautiful indigenous places that will give you the feeling you have always craved for. A meal in an inexpensive restaurant in Algeria can cost around $3.50 and transportation is quite affordable because, with a one-way ticket costing around $0.20, you can get on public transport.

8. Syria

Syria is a popular Middle Eastern country that has been in the news for many wrong reasons, many of these reasons are basically due to its ongoing conflict. Despite this, Syria still boasts a unique blend of history, culture, and cuisine. This has made the country an attractive destination for those looking for an affordable place to live.

The cost of living in Syria is relatively low, with the average cost of a one-bedroom apartment in the city center around $435 per month. Eating out is also cheap in Syria. With $2.00 you can eat very good food at a street restaurant.

Healthcare is, however, poor in the country due to the incessant conflicts. Before choosing to go to this country you must be abreast with all information relating to security.

9. Nepal

Nepal is the 9th cheapest country to live in the world. The country is landlocked in South Asia. It is commonly known for its Himalayan mountain range and cultural heritage. The cost of living in Nepal is relatively low even in the city. With $439 you can get a one-bedroom apartment anywhere in the city center.

You can also get a meal in an inexpensive restaurant costing around $2.00. Transportation is also very affordable in Nepal. It is also a popular destination for backpackers. It is possible to travel and live very cheaply in the country even with your family.

10. Turkey

The tenth cheapest country to live in the world is Turkey. The country is renowned for its tourist destination and popularly known for its diversity in history and culture. The cost of living in Turkey is so low that with $447 you can get an average one-bedroom apartment in the city.

Feeding outside is also quite cheap, with $3.50 you can eat at an inexpensive local restaurant. Public transportation is moderate. With $0.50 you can get a one-way ticket. In summary, Turkey is very rich in history and culture. This and other factors make the country an attractive destination for many people considering living abroad.

It’s no surprise that many students use study visas to travel to the country regularly. If you are traveling to Turkey for work you must be sure that you will get a job before traveling. You do not want to get there and be stranded. 

Conclusion

The countries mentioned in this article are still the best so far. However, aside from comfort, you also have to consider safety. If any of the countries you are visiting is not safe in any way it is better for you not to go. Another thing you need to consider is the reception you will get as an immigrant.

While some countries citizens are happy each time an immigrant comes in, others are not. It is important for you to look at how friendly the citizens are too.

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Ralph Bamigboye is an Accountant. He is the owner of TheInfoWorth.com, NetWorthVerse.com and Finance Naija YouTube Channel. He has helped many individuals to start their businesses and make money online. How can he help you?

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