Best Affordable Countries to Live In 2025
When it comes to moving or trying a new location to call home, affordability is a major issue. Many people want to live in different regions of the world, but the expense of living can be an obstacle to making that ambition a reality. Whether you’re a world traveler, an elderly person, or simply looking for a fresh start in a more affordable location, choosing the correct country to relocate to can make all the difference.
In this comprehensive guide, we will explore the best affordable countries to live in in 2025. These countries offer an excellent balance between a low cost of living, quality of life, and opportunities for work, education, and personal growth. From vibrant cities to peaceful rural towns, these countries cater to those seeking a high standard of living without breaking the bank.
1. Mexico
Mexico is a popular and economical destination for foreign nationals and elderly people, with a warm climate, rich culture, and near close to the United States. Whether you’re in the bustling capital of Mexico capital or the laid-back beach village of Puerto Vallarta, the cost of living is far lower than in many Western countries.
Cost of Living: The cost of living in Mexico is significantly lower than in the U.S. or Canada. Rent for a one-bedroom apartment in a city center can cost as little as $300–$600 USD per month, and groceries are affordable, with fresh produce and local products being cheaper than in many other countries.
Quality of Life: Mexico boasts beautiful landscapes, historic towns, and a rich cultural heritage. Whether you’re drawn to its beaches, mountains, or colonial architecture, there’s something for everyone.
Healthcare: Healthcare in Mexico is affordable and high-quality, with many private hospitals offering services at a fraction of the cost compared to the U.S.
2. Portugal
Portugal has been an a favorite location for foreigners and digital nomads due to its low living costs, natural beauty, and relaxed culture. The most well-known cities are Lisbon and Porto; nevertheless, smaller towns like Coimbra and the Algarve region offer a quiet atmosphere at even lower prices..
Cost of Living: Portugal is one of the most affordable countries in Western Europe. Rent in Lisbon or Porto is generally cheaper than in major cities like Paris or London. A one-bedroom apartment in the city center costs around $700–$1,000 USD, while living in rural areas can cost significantly less.
Quality of Life: Portugal offers a mild climate, beautiful beaches, and a vibrant cultural scene. The country is known for its excellent food, rich history, and welcoming locals.
Healthcare: Portugal has a high standard of healthcare, with both public and private options available. The cost of healthcare is much lower than in countries like the U.S., and the country offers a public health system that expats can access for a low fee.
3. Vietnam
Vietnam is quickly developing as one of the most economical places to live, particularly for individuals who are open to experiencing a lively culture and a fast-paced lifestyle. Ho Chi Minh City and Hanoi are both vibrant metropolises, whereas Da Nang and Hoi An provide a more relaxed ambiance.
Cost of Living: Vietnam is extremely affordable. Rent for a one-bedroom apartment in a city center can cost as little as $300 USD, and dining out is inexpensive, with meals costing just a few dollars. Public transportation is also very affordable.
Quality of Life: Despite its affordability, Vietnam offers a dynamic and diverse living experience. The country boasts stunning landscapes, delicious cuisine, and a strong sense of community.
Healthcare: Vietnam’s healthcare system is improving rapidly, and private healthcare is affordable compared to Western standards. Many expatriates rely on private hospitals, which offer quality care at a low cost.
4. Thailand
Thailand is one of the most popular foreign destinations due to its affordability, beautiful shores, rich culture, and kind natives. Cities like Chiang Mai and Bangkok are known for being affordable, with a blend of modern conveniences and traditional Thai charm.
Cost of Living: Thailand offers an incredibly affordable cost of living, particularly outside the major tourist areas. Rent in cities like Chiang Mai can cost as little as $200–$400 USD per month. Food, both local and international, is inexpensive, and public transportation is cheap and convenient.
Quality of Life: Thailand offers a high quality of life with its tropical climate, gorgeous beaches, and cultural attractions. You’ll find a good selection of international restaurants, shopping malls, and entertainment options.
Healthcare: Thailand is known for its world-class healthcare system, particularly in cities like Bangkok and Chiang Mai. Medical costs are significantly lower than in many Western countries, and many hospitals cater specifically to international patients.
5. Colombia
Colombia is an increasingly popular destination for people seeking an affordable lifestyle combined with rich culture, natural beauty, and a welcoming environment. Cities like Medellín, Bogotá, and Cartagena offer a mix of modern conveniences and historic charm.
Cost of Living: The cost of living in Colombia is very low. Rent for a one-bedroom apartment in the city center can be as low as $300–$500 USD, and eating out is incredibly affordable, with meals costing under $5 USD. Utilities are also low-cost.
Quality of Life: Colombia offers a variety of landscapes, from mountains and beaches to forests and plains. Expats and tourists alike enjoy its friendly locals, vibrant cities, and pleasant climate.
Healthcare: Colombia offers both public and private healthcare options, and medical care is considered high-quality and very affordable compared to many other countries. Medellín, in particular, is known for its top-tier hospitals.
6. Malaysia
Malaysia is another excellent choice for those looking for an affordable destination with a high standard of living. The country offers a mix of urban sophistication and natural beauty, with cities like Kuala Lumpur and Penang attracting a growing expat community.
Cost of Living: Malaysia’s cost of living is very affordable. Rent in Kuala Lumpur starts at around $400–$600 USD for a one-bedroom apartment in the city center. Eating out is cheap, with local meals costing around $2–$5 USD.
Quality of Life: Malaysia offers a diverse cultural experience, a tropical climate, and some of Asia’s best beaches and national parks. The country is known for its modern infrastructure, affordable luxury, and vibrant cities.
Healthcare: Malaysia is known for its affordable healthcare system. Medical facilities are excellent, particularly in cities like Kuala Lumpur and Penang, and medical costs are much lower than in the West.
7. Bulgaria
Cost of Living: Bulgaria offers an incredibly low cost of living. Rent for a one-bedroom apartment in Sofia can be as low as $300–$500 USD. Food and public transportation are also very affordable.
Quality of Life: Bulgaria offers a variety of natural wonders, including mountains, beaches, and historical landmarks. The pace of life is slower, making it an excellent place for those seeking relaxation and cultural exploration.
Healthcare: Bulgaria’s healthcare system is both affordable and improving. Public healthcare is accessible at low rates, and private healthcare is also available at a reasonable cost.
8. Costa Rica
Costa Rica is a tropical paradise known for its laid-back lifestyle, eco-friendly culture, and relatively affordable cost of living. It’s particularly popular among retirees and those seeking to enjoy nature in a peaceful environment.
Cost of Living: The cost of living in Costa Rica is quite affordable, particularly in smaller towns and rural areas.