Some of the cheapest places to live around the world include Colombia, Thailand, Mexico, Ecuador, and Portugal.

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In Colombia inflation exists however, the cost of living is still lower than in Canada and America. You can live comfortably starting at $1K a month in a higher-class area. Rent within larger cities in higher-class areas starts at $2K a month. Lower income neighbourhoods pay lower rates than higher income neighbourhoods thanks to the Estrato system. Beer starts at $1-$2 and movie tickets start at $3.

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In Thailand you can rent a 1 bedroom apartment for roughly $626 a month. A 3 bedroom villa close to the Koh Samui beach costs roughly $475. A studio apartment in Chiang Mai city costs $184. Street food starts at $2, and a hamburger and chips costs roughly $5.20.
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In Mexico 2 individuals can live comfortably in a middle class lifestyle for roughly $2K a month. Multi-course meals in restaurants start at $3 per person. Dental costs are low, checkups start at around $20.

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In Ecuador health care is extremely low, starting at $55 a month. Rent starts at $400 with utilities included. Often the AC and heat is not required, saving you more money.
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In Portugal health care costs are low, private health insurance costs start roughly at $100. Expats live comfortably on $2,500 a month with rent and expenses included. Coastal living costs are higher than on land. Utilities are roughly $100 of your monthly expenses, rent can range from $400 - $1,000, and internet starts at roughly $37.

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When deciding on a new place to live be sure to find a location that aligns with your lifestyle and goals. Always conduct research to further educate yourself to make an informed decision.

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