Title: Top 10 Affordable Countries to Move to for a Better Financial Life
Struggling to make ends meet? Whether it’s a pile-up of debts or a retirement plan falling short, moving to a cheaper country could be a game changer. Here are ten countries where the cost of living is notably lower than in the US, the UK, or Australia. Settling in one of these places, even for a few years, could give your finances a healthy boost.
Ecuador: That’s right, Ecuador, where the US dollar is the preferred currency. Just think – no headaches of currency conversion! Plus, living in Ecuador costs almost 40% less than in the US, and rent is a massive 69% cheaper.
New Zealand: Disregard the distance and the hobbits for a moment. Living in New Zealand can make every dollar stretch further – after all, even Aussies are flocking there.
Thailand: Home to scenic beaches and rich history, Thailand offers a warm, tropical climate and an affordable cost of living. Expect prices there to be 43% lower than the US, and 46% lower than Australia.
Indonesia: Yes, home to the Komodo dragons, but also to significantly lower living costs! Living in Bali, for instance, is 368% cheaper than living in Sydney.
Philippines: With modern cities like Manila and affordable small towns, the Philippines can stretch your income further. Rent is around 164% cheaper compared to the US.
Canada: If you’re considering Canada, you’re on a good track. Its cost of living is generally lower, and it offers excellent national healthcare. Great for nature lovers too!
Morocco: Fancy the heat? In Morocco, just $30 a day can cover a comfortable lifestyle including accommodation, food, and some leisure activities.
Peru: Dodging the London rain? Living in Peru will cost you about 144% less. Plus, bonus, no raincoats needed!
Croatia: With free education (yes, including college!), Croatia is appealing for families. The cost of living is about 50% cheaper than most European Union countries.
Do note: All these details come from Numbeo, a useful site to compare costs of living worldwide. Keep researching to discover the best fit for you!