The cheapest country in the world, topping the list for the fourth consecutive year, is Vietnam.
Why Vietnam is Considered the Most Affordable
Vietnam consistently ranks as the most affordable country, making it a popular choice for those seeking low living costs. Its economic accessibility covers various aspects of daily life, from housing and food to transportation and entertainment, making it an attractive destination for expats and budget-conscious travelers alike.
Other Highly Affordable Countries
While Vietnam leads the list, several other countries are recognized for their low cost of living, offering appealing options for long-term stays or relocation. These countries provide a blend of cultural richness and affordability, making them noteworthy alternatives.
Here's a list of other countries noted for their low living costs:
Rank (where specified) | Country | Key Highlights |
---|---|---|
1 | Vietnam | Tops the list for the fourth consecutive year. |
2 | Colombia | A favorite among expats due to low living costs. |
- | Indonesia | Offers affordable living. |
- | Panama | Known for its affordability. |
- | India | Provides a low cost of living. |
- | Mexico | Offers relatively low living expenses. |
- | Thailand | A popular destination with affordable costs. |
- | Brazil | Known for its general affordability. |
These countries present diverse cultural experiences while maintaining an accessible cost of living, making them ideal for individuals looking to maximize their budget without compromising on quality of life.