The two main pillars on which Libya’s economy stands are oil and sand. This sunny country is located in North Africa at the shores of the Mediterranean. It has borders with Chad, Niger, Tunisia, Algeria, Egypt and Sudan.
The capital of Libya is Tripoli. The city is home to a little more than a million people out of the country’s nearly 7 million residents. Most Libyans speak Arabic, but don’t be surprised to hear some Italian too, as the place used to be an Italian colony.
Local purchasing power is 32.65% higher
Rent is 81.2% cheaper
Groceries are 52.99% cheaper
Local goods and services are 54.15% cheaper
Malaysia
Can't decide between rainforests and beaches? Good thing Malaysia has both. Located in part on the Malay Peninsula, this country's territory also includes a part of Borneo Island. There are about 32 million inhabitants in this Southeast Asian country, most of which are either Malay or Chinese.
The cultural mix in Malaysia includes local influences as well as foreign, such as Indian, Chinese and European. European architecture is quite common in the capital, Kuala Lumpur, but this city is home to modern buildings as well. Local purchasing power is 26.66% lower
Rent is 88.81% cheaper
Groceries are 57.56% cheaper
Local goods and services are 59.76% cheaper
Poland
As a country that survived many brutal wars, Poland has very much evolved over the years. It is now a member of both NATO and the EU, and enjoys a stable economy. Neighboring on seven other countries, this European powerhouse also has peaceful beaches at the Baltic Sea's shores.
There are nearly 38 million people living in Poland, calling the city of Warsaw their capital. Much of the city's beautiful architecture has been hurt by wars, but thanks to professional restoration work, you could never guess it.
Local purchasing power is 28.25% lower
Rent is 86.07% cheaper
Groceries are 70.31% cheaper
Local goods and services are 61.85% cheaper
Bosnia-Herzegovina
After detaching from Yugoslavia and surviving a three-year-long war, Bosnia-Herzegovina is not doing well economically. Its request to join the EU from 2016 is still pending. It does, however, have a neighboring country with such membership: Croatia. Aside from Croatia and a small stretch of the Baltic Sea's shore, Bosnia-Herzegovina also has borders with Serbia and Montenegro.
This country has captivating landscapes of lakes, forested areas, and quaint little villages. Its population stands at a little over 3 million people, who speak Bosnian, Croatian, or Serbian.
Local purchasing power is 48.71% lower
Rent is 93.78% cheaper
Groceries are 70.24% cheaper
Local goods and services are 64.95% cheaper
Macedonia
It took Yugoslavia's disintegration for Macedonia to be formed. This little country has around 2 million people living in it, most of which speak Macedonian or Albanian.
Macedonia is located in the Balkan area, but thankfully, it hasn't seen as many ethnic wars as its neighbors. This country has borders with Serbia, Bulgaria and Greece.
Local purchasing power is 60.15% lower
Rent is 93.98% cheaper
Groceries are 74.59% cheaper
Local goods and services are 69.07% cheaper