When we think of Portugal, we envision seafood and pristine beaches but the country is even more than just that. Portugal is renowned for its excellent food, a relaxed lifestyle, and affordable living. The capital city is Lisbon and remains as one of the top destinations for travelers from all around the globe.
While the average salary may be a bit lower than some other countries in the region, it’s still affordable living. And what a location!
Rent is 26% cheaper
Groceries are 28% cheaper
Ecuador
Everything from the price of dinner to real estate is lower in Ecuador, and you won't have to forego the conveniences you may be used to if you grew up in a first-world country. The influence of Amerindian culture on modern-day Ecuador is still tangible and makes for a unique cultural heritage.
With its ever-improving infrastructure and near-perfect weather, Ecuador is consistently ranked as one of the best places to retire abroad.
Rent is 27% cheaper
Groceries are 35% cheaper
Philippines
The Philippines is an English-speaking nation with a lot to offer for a low-cost yet comfortable life in an exotic locale. With just a little care, a $1,000 monthly budget will get you far, providing you with everything you may need to make a new home.
The Philippines doesn't disappoint as most ex-pats can live comfortably without compromise. Known for its tropical weather and natural beauty, it's easy to be in wonder of your surroundings almost anywhere in the country.
Rent is 24% cheaper
Groceries are 33% cheaper
Italy
It's pretty clear that not all of Italy is going to be cheap! Many countries have both expensive and inexpensive cities, sometimes you need to find a balance. Everything costs more in tourist areas, while affordable places might be a bit too off the path.
If you're looking for a Tuscan lifestyle at an affordable price then the province of Abruzzo is an excellent choice. It's close to Florence with access to the Adriatic coastline as well as mountainous areas.
Rent is 21% cheaper
Groceries are 18% cheaper
Nicaragua
Nowadays, Nicaragua offers the lowest cost of living in Central America, its been said that its 10 times cheaper than the United States. Nicaragua's lower cost of living doesn't suggest you have to compromise on the quality of life you may have gotten used to in the United States.
In fact, you will presumably be able to live with even more luxuries than you had before, simply because the prices are so reasonable in Nicaragua.
Rent is 26% cheaper
Groceries are 14% cheaper