Cheapest Countries to Live In (2026 Guide)

Cheapest Countries to Live In (2026 Guide)

Do you ever find yourself sitting at your desk, staring at your screen, and wondering about all the opportunities you’re missing out on? Maybe you’re tired of the same old 9-to-5 cycle… maybe you’re dreaming of something new… or maybe you just want a life filled with adventure without spending a fortune.

The good news?
There are countries where living well is not expensive where you can enjoy beaches, culture, good food, and a comfortable lifestyle at a fraction of what you spend now.

Below are the 10 cheapest countries to live in, along with real cost breakdowns to help you plan your next move.

Cheapest Countries to Live In  Photo Credit: pexels.com

Top 10 Cheapest Countries to Live In

1.    Philippines

2.    Portugal

3.    Vietnam

4.    South Africa

5.    Ecuador

6.    Costa Rica

7.    Malaysia

8.    Mexico

9.    Indonesia

10. Bulgaria

These destinations offer a mix of affordability, lifestyle quality, natural beauty, food variety, and cultural richness.

 

1. Philippines

With over 7,000 tropical islands, the Philippines is one of the world’s most budget-friendly island destinations.

 

Cost of Living in the Philippines

Housing

• 85 m² apartment (expensive area): $1,453
• 85 m² apartment (normal area): $739
• Utilities: $100
• Studio in expensive area: $624
• Studio in normal area: $323

Food

• Lunch menu: $4
• Fast food: $3–4
• Chicken breast (1 lb): $2
• Eggs: $2–2.50
• Beer: $1.25
• Wine: $10

Currency: 1 USD ≈ 51 Pesos

Best Cities to Live In

• Dumaguete – “City of Gentle People,” calm and affordable
• Davao – Safe, clean, and modern
• Bacolod – “City of Smiles,” great for families and professionals

 

2. Portugal

Portugal offers world-class beaches, wine, friendly locals, and one of the lowest living costs in Western Europe.

 

Cost of Living in Portugal

Housing

• 85 m² apartment (expensive area): $1,296
• Regular area: $884
• Utilities: $138
• Studio in expensive area: $840
• Studio in normal area: $663

Food

• Lunch menu: $10
• Fast food: $7
• Eggs: $2–2.50
• Wine: $5

Currency: 1 USD ≈ 0.90 EUR

Best Affordable Cities

• Leiria – Calm, scenic, local charm
• Aveiro – “Portugal’s Venice,” beach lifestyle
• Portimão – Best year-round weather

 

3. Vietnam

Vietnam is famous for its low cost of living, magnificent landscapes, and rich history.

 

Cost of Living in Vietnam

Housing

• 85 m² apartment (expensive): ~$1,000
• Regular area: ~$750
• Utilities: $74
• Studio (expensive): $526

Food

• Local lunch: $2–3
• Fast food: $3–4
• Beer: $1
• Wine: $12

Best Cities to Live In

• Hanoi – Culture, nightlife, museums
• Ho Chi Minh City – Fast-paced, modern, very affordable
• Hội An – Peaceful, scenic, ancient town charm

 

4. South Africa

Known as the Rainbow Nation, South Africa blends culture, beaches, wildlife, and low living costs.

 

Cost of Living in South Africa

Housing

• 85 m² apartment (expensive): $996
• Normal area: $722
• Utilities: $85

Food

• Lunch menu: $8
• Fast food: $3–4
• Wine: $6

Currency: 1 USD ≈ 15.62 Rand

Most Affordable Cities

• Johannesburg – Fast-paced, business hub
• Pretoria – Organized, modern, and cheaper

 

5. Ecuador

Ecuador offers spring-like weather all year, colonial architecture, and low everyday costs.

 

Cost of Living in Ecuador

Housing

• 85 m² apartment (expensive): $630
• Normal area: $333
• Utilities: $53

Food

• Very affordable grocery and restaurant prices

Ecuador remains one of the cheapest countries in South America for expats.

 

 

Nigeria

Nigeria Africa’s giant offers far more than its bustling cities and rich culture. It is one of the continent’s most vibrant nations, known for its music, food, entrepreneurial energy, and strong community bonds.

While many people only think of Lagos traffic or busy markets, the truth is that Nigeria has several cities where the cost of living is surprisingly low and the lifestyle is comfortable, especially for foreigners or remote workers earning in foreign currencies.

From scenic hills to peaceful suburbs and warm, hospitable communities, Nigeria offers a unique blend of affordability, culture, and opportunity.

 

Learn how to relocate to Nigeria by applying for a visa.

Average Cost of Living in Nigeria

Below is a breakdown of common living expenses across Nigeria’s major cities:

 

Housing | Monthly Price

Item	Price
85 m² (900 sqft) apartment in an expensive area	$800 – $1,200
85 m² (900 sqft) apartment in a normal priced area	$350 – $600
Utilities (electricity, gas, water) for 85 m²	$40 – $120 depending on usage
45 m² (480 sqft) studio in an expensive area	$400 – $700
45 m² (480 sqft) studio in a normal priced area	$200 – $350
Internet (unlimited, 10–20 Mbps)	$25 – $45

 

Food | Price

Item	Price
Basic lunch menu + drink	$2 – $4
Fast food meal	$3 – $5
Chicken breast 500g	$1.50 – $2
Milk 1 liter	$1 – $1.50
12 eggs	$1.20 – $2
Tomatoes 1 kg	$0.80 – $1
Local cheese 500g	$3 – $4
Apples 1 kg	$2 – $3
Potatoes 1 kg	$1 – $1.50
Beer 0.5L	$1 – $1.50
Bottle of wine	$8 – $12
Bread	$0.80 – $1.20

 

Currency

Nigeria uses the Nigerian Naira (₦).
While exchange rates fluctuate, $1 typically trades within the ₦900–₦1,500 range.

 

Best-Value Cities in Nigeria

Abuja

Abuja offers one of the best qualities of life in Nigeria—clean roads, organized neighborhoods, low crime rate, and peaceful communities. It is ideal for families, remote workers, or retirees who value order and comfort. Despite being the capital, many areas are still very affordable by global standards.

Expected monthly budget: $700 – $1,200 depending on lifestyle.

 

Ibadan

Ibadan is one of the cheapest major cities in West Africa. Accommodation, food, and transportation are significantly cheaper than in Lagos or Abuja. It is quiet, peaceful, and perfect for those who want a low-cost, stress-free lifestyle.

Expected monthly budget: $400 – $700.

 

Enugu

Known as the “Coal City,” Enugu is one of Nigeria’s cleanest and most serene cities. It features modern estates, good security, delicious food, and a friendly culture. It's a top pick for affordability + comfort.

Expected monthly budget: $450 – $800.

 

Abeokuta

Abeokuta combines affordability with access to nature and Nigeria’s unique rock landscape. Rent is among the lowest in Southwest Nigeria, and the cost of food and transport is very friendly.

Expected monthly budget: $350 – $650

 

 

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