Located on the coast of West Africa, Senegal is a former French colony with a population of 4 million people. The sovereign nation is one of the most politically stable in African. The capital is Dakar, an Atlantic port city jetting from the Senegal coastline on the Cap-Vert peninsula. It is generally a safe place to live, however, it is a developing nation.
French is the most common language, though it is a mix with Wolof. English is rare. Be sure to be vaccinated against yellow fever and typhoid. It is substantially cheaper to live in Senegal with the exception of electricity. The nation lacks a central power grid leaving the price of electricity to be comparable to a developed nation like Finland.
Local purchasing power is 81% lower
Rent is 43% lower
Groceries are 25% lower
The cost of living is 25% lower
Cuba is a gorgeous island in the Caribbean with spectacular beaches. What else do you need to know? The medical tourism industry has contributed to Cuba’s economic growth. Healthcare and education are available to all in the small island nation located off the coast of Florida and between the Caribbean islands of Jamaica, the Caymans, and the Bahamas.
Cuba’s reputation has been marred by a communist past, so it is interesting that Fidel Castro’s economy was stronger then. Having said that, it is coming back, due, in part, to the Obama administration’s efforts of improved relations.
Local purchasing power 98% lower Rent is 61% lower
Groceries are 32% lower
Local goods and services are 35%
Zimbabwe is an African nation located near Madagascar and landlocked by Mozambique, Zambia, Botswana, and South Africa. The country has a fascinating history and a rich culture. It possesses two UNESCO sites and Africa’s best safari locations.
Pouring from the Zambezi River on the Zambia border, the stunning Victoria Falls is the world’s largest waterfall. The nation is gradually becoming more Western making it an inviting relocation, however, human rights have been known to suffer under an authoritarian government.
Local purchasing power is 82% lower
Rent is 77% lower
Groceries are 41% lower
Local goods and services are 32% lower
Paraguay is landlocked, unique to South America, and borders Bolivia, Brazil, and Argentina, but that doesn’t mean it is not beautiful. The country is about the size of California. Lush forests, subtropical climate, and amazing landscapes impress. The Iguazu Falls bordering Brazil and Argentina and surrounded by rainforest are some of the world’s most stunning waterfalls.
The falls are 270 feet high. Paraguay has a strong economy, gradually making it the envy of South American nations. But compared to the U.S. the cost of living in Paraguay is significantly less.
Local purchasing power is 73% lower
Rent is 63% lower
Groceries are 75% lower
Local goods and services are 69% lower
Uruguay has magnificent landscapes, an attractive climate, and a welcoming culture. The crime rate is low, the economy is strong, and the social system is stable. Education, pensions, and healthcare are provided to its citizens. The South American country located between Brazil and Argentina has become a popular ex-pat destination.
It has a population of 3.5 million. Montevideo is a bustling city and the capital. Property is a fraction of the cost compared with large American cities, but Uruguay’s growing economy has made it more costly than other South American nations.
Local purchasing power index is 28.64
Rent is 67% lower
Groceries are 44% lower
Cost of living is 28% lower