Uruguay The average monthly rent for one person in the United States is $1,399, and the cost of living is currently $2,213. For many people, life in the United States has become unaffordable, even with a consistent wage.
Spain Spain is a great choice whether you prefer to spend your days lounging on the Costa del Sol or are more interested in Madrid's thriving art and cultural scene. The European nation has a rich history, excellent medical care, and nearly every kind of topography you can think of.
Malta You can be fooled by appearances. The little island (archipelago) of Malta can give the impression that only the wealthiest people in the world could afford to live there. Thankfully, it's the complete opposite. At $1,340 a month, the island's cost of living is remarkably low.
France This is your chance to see famous museums, shop in the best boutiques, and eat food that has won awards. If you're on a tight budget, France is a great place to live. The country's cost of living is 1.53 times lower than that of the United States, at $1,451.
Ecuador A nation like Ecuador is affordable, safe, and has a really pleasant environment all year round for true bargain hunters. The country's cost of living is $785 per person. With kilometers of unending beaches, mountains, and jungles, Ecuador offers something for everyone in terms of geography
Colombia It is understandable why so many foreigners are moving to Colombia. The biodiversity of the nation is abundant. The vast South American nation shares boundaries with both the Pacific and Caribbean Seas. The Amazon rainforest lies to the east, and the Andes Mountains cut through the west.
Portugal Portugal provides Americans looking to live overseas with an affordable European choice, with an estimated cost of living of $1,073 per person. Although the nation is tiny in comparison to Spain, its culture more than makes up for its small size.
Mexico Mexico has a lot more to offer than the tourist-heavy cities of Cozumel and Cancun, which may make many Americans shudder at the thought of relocating there. An expat's fantasy is Mexico. It provides affordable healthcare, is near the states, and is far less expensive than the US.
Costa Rica Costa Rica, a country in Central America, is the ideal location for living overseas without spending all of your money. Rent for one person is about $440 a month, and living expenses are about $1,000.
Panama Panama is the number one retirement destination in the world, so anyone looking to live on a tight budget would want to consider it. Given that the cost of living is less than half of what it would be in the United States, where a single individual would spend $1,112, it is no surprise that it frequently holds the title.