In an effort to benefit from a strong dollar and more affordable housing, more Americans are moving abroad. Remote workers are also on the rise, becoming “digital nomads” and relocating to beautiful places around the world.
Based on information from Numbeo, a comparison website that provides estimates of the cost of living in major cities around the world, we have come up with a list of places where you can live a reasonably good and cheap life.
Cartagena, Colombia
As the first colony in the Americas, the Spanish built the picturesque old city of Cartagena, now a UNESCO World Heritage Site, with jewelled facades, domes and towers. The city is located near some beautiful beaches and the Caribbean Sea.
A one-bedroom apartment in the city center costs an average of $473.66 a month.
A 1,000-square-foot home in the city center costs an average of $193,950.
A single person’s monthly costs (excluding housing) are $407
A family of four will pay $1,350.10 per month (excluding housing).
A cappuccino costs $1.42.
A three-course lunch for two costs $19.27.
A gym membership costs $20.10 per month.
Chiang Mai, Thailand
The largest city in northern Thailand is a tropical paradise with year-round temperatures ranging from 59 to 97 degrees Fahrenheit. The city is known for its elaborately embellished old temples and its huge night market selling local handicrafts, street food and other souvenirs.
A one-bedroom apartment in the city center costs an average of $351.82 a month.
The average price for a 1,000-square-foot property in the city center is $155,260.
A single person’s monthly expenses (excluding housing) are $509.80.
A family of four will pay $1,808.50 per month (excluding housing).
A cappuccino costs $1.59.
A three-course lunch for two costs $15.37.
A gym membership costs $37.72 per month.
Puebla, Mexico
The historic center of Puebla, located just a two-hour drive from Mexico City, has been designated a UNESCO World Heritage site for its preserved 16th- and 17th-century religious buildings and monuments.
A one-bedroom apartment in the city center costs an average of $335.81 a month.
The average price for a 1,000-square-foot property in the city center is $72,790.
A single person’s monthly expenses (excluding housing) are $524.20.
A family of four may expect to pay $1,851.20 per month (excluding housing).
A cappuccino costs $2.60.
A three-course lunch for two costs $26.58.
A gym membership costs $28.35 per month.
Santa Cruz, Bolivia
The town is located on the Pira River in the “tropical lowlands” of Bolivia. The historic ruins of El Fuerte are a UNESCO World Heritage site and are one of the most important landmarks of the city.
A one-bedroom apartment in the city center costs an average of $401.60 a month.
The average price for a 1,000-square-foot property in the city center is $106,250.
A single person’s monthly expenses (excluding housing) are $486.90.
A family of four may expect to pay $1,721.70 per month (excluding housing).
A cappuccino costs $2.26.
A three-course lunch for two costs $28.99.
A gym membership costs $40.76 per month.
Santa Cruz de Tenerife, Spain
The volcanic island of Tenerife, which is part of the Canary Islands, is a favorite holiday and retirement destination for many British and German nationals because of its year-round temperatures in the 60s and 70s. Their favorite features are the beaches, cobblestone towns and nightlife. Its capital, Santa Cruz, is a maritime city with a quaint historic center.
A one-bedroom apartment in the city center costs an average of $709.68 a month.
The average price for a 1,000-square-foot property in the city center is $207,080.
A single person’s monthly expenses (excluding housing) are $617.90.
A family of four will pay $2,217.90 per month (excluding housing).
A cappuccino costs $1.81.
A three-course lunch for two costs $42.87.
A gym membership costs $41.79 per month.
Cape Town, South Africa
The famous Table Mountain, a number of beaches that are among the best in the world, and great places for whale and penguin watching are just a few of Cape Town’s natural attractions known for their beauty and biodiversity.
The typical rent for a one-bedroom apartment in the city center is $642 per month.
A 1,000 square foot property in the city center typically costs $182,980.
A single person’s monthly expenses, excluding housing, are $512.6
The monthly cost for a family of four is $1,782.40 (housing not included).
A cappuccino costs $1.74.
A three-course lunch for two would cost $32.42.
The cost of a gym membership each month is $36.19.
Jaipur, India
Jaipur, known as the Pink City, has been home to some of India’s most ornate royal palaces, forts and temples since a 19th-century maharaja painted the structures in preparation for a visit by Queen Victoria. Jaipur, the state capital and largest city in Rajasthan, is famous for its jewelry, textiles, antiques, and handicrafts. Rajasthan is a region in northwestern India.
One-bedroom apartments in the heart of the city typically rent for $145.36 a month.
A 1,000 square foot property in the city center typically costs $151,230.
Costs for a single person each month, not including housing: $321.80
A family of four would spend $1,076.50 a month (excluding housing).
A cappuccino costs $1.51.
A three-course lunch for two would cost $12.11
An annual gym membership costs $18.74 each month.