With the cost of living rising across America, now is as good a time as ever to think about setting roots in a new home, abroad!
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Who hasn’t thought about living in paradise and paying far less for groceries, healthcare, and education? Using Livingcost.org‘s calculator, we’ve curated a list of five potential countries that could soon become your new home. Get ready to explore the possibilities and make your dreams of affordable-living a reality!
Indonesia
Think pristine white beaches, crystal clear waters, and friendly neighbors; welcome to Indonesia!
A tropical gem inside South East Asia, the island nation not only holds jaw-dropping natural beauty, but it’s significantly cheaper than the States. The average cost of living in Indonesia is $559, a whopping 75% lower than in America.
Great news for lovers of dining out, too! A meal for two will only cost you $14, nearly $50 less than if you took a friend out for food in the US!
Portugal
Discover the allure of Portugal, an affordable home that combines a sense of familiarity, the security of a European nation, and budget-friendly living.
It might cost almost twice as much as living in Indonesia, but Portugal is still 52% cheaper to live in compared to America. A haven for coffee lovers (a cappuccino only costs $1.57!), you’ll also have more time to enjoy the Portuguese way of life with its higher life expectancy.
Thailand
We’re heading back to South East Asia for this pick, with Thailand offering a far superior cost of living than the US.
For just $876 per month, you can explore the country’s ancient temples and vibrant markets, savoring delicious cuisine before ending the day relaxing on your local beach.
Whether you seek thrilling adventures or much-needed relaxation, Thailand offers it all. Plus, here’s a fun fact: a Coke or Pepsi will only set you back 59 cents; when was the last time you enjoyed a beverage for less than a dollar?!
Finland
This might seem like a bit of a shocking pick; northern European countries are super expensive, right?
Well, it might be true for its neighbors of Sweden, Norway, and Denmark, but Finland actually offers great affordability and all the benefits associated with Scandinavian nations.
With an average cost of living at $1503 per month, Finland stands $700 cheaper than the US, while boasting higher life expectancy, lower corruption levels, and an excellent overall quality of life. So, if you can handle the cold, Finland might just be your perfect new home!
Romania
Unlikely to be high up on too many of our European bucket lists, Romania is fast becoming a tourist and expat hot spot.
You would be looking at a cost of around $713 per month if you were to call the former Soviet nation home. That is 68% less than we Americans pay. Also, get ready to pay just $1.77 for a beer at your new bar, where everyone will soon know your name!
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