Travel News

15 Cheapest Places to Live in the World in 2023: $1,000/Month (or Less)

Our apartment in Malta

During our more than 10 years on the road, we’ve found some of the cheapest places to live in the world, while enjoying an amazing lifestyle.

Sometimes we spend a month at the destination, and sometimes we stay for 6 months. It all depends on how we’re feeling at the time.

Often we end up putting down some roots because we’ve been traveling too quickly and we need a break. Sometimes we’re housesitting or pet-sitting, or we just need to get caught up on work, so we rent an apartment.

Our Experience Living Abroad

Living long-term in different countries around the world is one of the real perks of being a digital nomad, and with so many cheap places to live, there are numerous options to put down some temporary roots.

Through our own experience, we’ve found a lot of affordable places where you live on less while experiencing more.

While our own personal budget is higher than $1,000 USD per month, we know it’s possible to live off of that, or less, in the places I’ll list in this article.

For a point of reference, I’ll also use the online cost of living tool, Numbeo, to give these prices a bit of “proof”, but I’ll also mix it in with my own personal experiences based on spending we’ve done in the countries.

I’m listing countries in this article because, for the most part, you can live in any part of the country for the prices I’ve expressed, but I am going to focus on the main cities that I recommend living in each country.

These are typically cities with a decent amount of amenities, a thriving expat community and plenty of good restaurants and places for remote work.

A view from our apartment in Grenada, one of the cheapest places to live as a digital nomad

We usually find our apartments on Booking.com.  

This article is for all of those digital nomads or retirees out there who are looking for the cheapest places to live, where their dollar can stretch a bit farther.

It’s also for those people who aren’t digital nomads (but maybe aspire to be one day), who just want to spend longer in the places they visit, or for those who simply are interested in learning about where they could potentially move to that would be exotic, exciting and affordable.

If you want to spend one or more years living in a particular destination, have a look at these countries offering remote work visas.

Note: All prices are in US dollars and in most cases, 2 people could live for $1,000/month. I’ve included the prices using Numbeo, the world’s largest online cost of living index…

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