The cost of living in countries like the U.S, Britain, Australia or France has skyrocketed in recent years. However, if you're willing to leave your country and explore life in other areas, there are many countries boasting an extremely cheap and low cost of living. Check out the following countries when planning your next move.
Ecuador
Ecuador is similar to the United States in many ways, and as a result has become a popular American getaway. They even use the U. S. Dollar for their currency. In this country, it's cheaper to eat out every day than cook for yourself on a budget in the U. S. You can even buy a building for around $50,000 and hire someone to look after it while you're away.
Mexico
Although the country is known for its poverty ridden streets, there are many wealthier areas that provide every facility you might need. You can live off a mere $700 to $800 a month in Mexico, and this includes rent for a nice place, facilities, food, and any sightseeing.
Argentina
Argentina has been a popular tourist destination for many years. It has great restaurants, a rich history, and many places to explore. Not to mention, it's not very expensive to live here. A decent sized home can cost around $139,000, which is relatively cheap in relation to homes in the United States.
Vietnam
Vietnam has also become a popular tourist destination in recent years. There are many million-dollar luxury homes by the beach, but you can find a modest flat or a small home for around $25,000 to $50,000 if you search in the right areas.