At this day and age the world’s economy keeps fluctuating. That makes it tricky to keep track of the most expensive and the least expensive places to live in the world. However, there are various surveys being conducted by Economic Councils of different forums from all over the world to determine the cost of living of different countries all over the globe. That would help the countless people who travel all over the globe and have to settle in for some time because their jobs require it to at least determine what the cost of living would be.
It is a crucial thing to know the cost of living of the country you are or would be staying at. By that you can determine if you can afford to live there with the salary you make per annum. Here is a list of the cheapest countries of the world to live in 2018. Some of the names are expected to be on the list, but some names might just surprise you.
5. Azerbaijan
You didn’t expect a wealthy petro-state to be on this list, did you? Situated on the shores of the Caspian Sea, Azerbaijan is an oil rich collision of east and west, a place where gigantic glass towers dominate the money-soaked capital, and emerging dictator Ilham Aliyev has made a hobby out of jailing democracy activists. About the size of South Carolina (or Scotland), the ‘Land of Fire’ is both a hyper-expensive Dubai of the Caucasus Region, and a place where you can rent an apartment for less than $150 per month. The rest of the country is basically a rural world of farming sheep and kicking back and eking out an existence on the average wage of $260 a month, an amount that makes $150 for an apartment suddenly look like daylight robbery. Still, at least you get to live in a country that has a place called ‘fire mountain’ that really is a mountain that’s literally on fire.
4. Vietnam
Vietnam, a country with nothing but ample natural beauty, rich history and unique heritage is nothing short of paradise. The must visit place for backpackers all around the world, this is one of the most cheap countries to travel from India. If you decide to stay in the backpacker’s hostels you can manage in less than INR 1000 per night for the stay. Hanoi, Ho Chi Minh City, Sapa, Ha Long Bay, Nha Trang, Mekong Delta are among the many places of interest in Vietnam. A 3 course meal in a mid range restaurant will cost you approximately INR 800. Taxi fare start from INR 35 for 1 km.
3. Albania (cost of living per person: $250 per month)
It is a picturesque country but a little on the cold zone. It has a rich heritage and beautiful old houses and castles and forts to see during the leisure, which the writer assumes you might be having. Albania is an unconventional spot for settlement if you have a lot of other options. Thus, most of the country has quaint towns than chaotic cities in it.
2. Nicaragua (cost of living per person: $190 per month)
This is the largest country of Central America, but surprisingly has much lower cost of living than its neighbours. This will upgrade your lifestyle like no other place on the list. The beautiful scenic beauty of the country just adds to the pro list.
1. Nepal (cost of living per person: $120 per month)
With ‘Big Brother’ India on the list how can Nepal be not on it? The small landlocked country may be the least costly place on the Earth but it is a political and a geographical hotspot. Situated strategically between the two rising Asian supergiants, India and China, Nepal has always been of major importance. Recently, the governance of Nepal changed from the old Monarchy system and the country got its new constitution. That has kind of destabilized the political and economic conditions of the country making it a little more affordable. However, in spite of its natural beauty of being cradled by the Himalayas, Nepal might not be the most peaceful place to settle in right now.
These are top 5 cheapest place to live. Please tell us in comment which place you want to live. Please follow us more amazing and daily updates, please like and share the post.
It is a crucial thing to know the cost of living of the country you are or would be staying at. By that you can determine if you can afford to live there with the salary you make per annum. Here is a list of the cheapest countries of the world to live in 2018. Some of the names are expected to be on the list, but some names might just surprise you.
5. Azerbaijan
You didn’t expect a wealthy petro-state to be on this list, did you? Situated on the shores of the Caspian Sea, Azerbaijan is an oil rich collision of east and west, a place where gigantic glass towers dominate the money-soaked capital, and emerging dictator Ilham Aliyev has made a hobby out of jailing democracy activists. About the size of South Carolina (or Scotland), the ‘Land of Fire’ is both a hyper-expensive Dubai of the Caucasus Region, and a place where you can rent an apartment for less than $150 per month. The rest of the country is basically a rural world of farming sheep and kicking back and eking out an existence on the average wage of $260 a month, an amount that makes $150 for an apartment suddenly look like daylight robbery. Still, at least you get to live in a country that has a place called ‘fire mountain’ that really is a mountain that’s literally on fire.
4. Vietnam
Vietnam, a country with nothing but ample natural beauty, rich history and unique heritage is nothing short of paradise. The must visit place for backpackers all around the world, this is one of the most cheap countries to travel from India. If you decide to stay in the backpacker’s hostels you can manage in less than INR 1000 per night for the stay. Hanoi, Ho Chi Minh City, Sapa, Ha Long Bay, Nha Trang, Mekong Delta are among the many places of interest in Vietnam. A 3 course meal in a mid range restaurant will cost you approximately INR 800. Taxi fare start from INR 35 for 1 km.
3. Albania (cost of living per person: $250 per month)
It is a picturesque country but a little on the cold zone. It has a rich heritage and beautiful old houses and castles and forts to see during the leisure, which the writer assumes you might be having. Albania is an unconventional spot for settlement if you have a lot of other options. Thus, most of the country has quaint towns than chaotic cities in it.
2. Nicaragua (cost of living per person: $190 per month)
This is the largest country of Central America, but surprisingly has much lower cost of living than its neighbours. This will upgrade your lifestyle like no other place on the list. The beautiful scenic beauty of the country just adds to the pro list.
1. Nepal (cost of living per person: $120 per month)
With ‘Big Brother’ India on the list how can Nepal be not on it? The small landlocked country may be the least costly place on the Earth but it is a political and a geographical hotspot. Situated strategically between the two rising Asian supergiants, India and China, Nepal has always been of major importance. Recently, the governance of Nepal changed from the old Monarchy system and the country got its new constitution. That has kind of destabilized the political and economic conditions of the country making it a little more affordable. However, in spite of its natural beauty of being cradled by the Himalayas, Nepal might not be the most peaceful place to settle in right now.
These are top 5 cheapest place to live. Please tell us in comment which place you want to live. Please follow us more amazing and daily updates, please like and share the post.
nice detailing about countries. i have made a list of visa free countries for india. check out my post visa free countries
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