The lowest cost of living in the world

by Expat Life
lowestcountries with the lowest cost of living in the world

Travel sayings are full of inspirational words for moving abroad. However, it is not easy to leave your country and your comfort zone and opt for international living. There are many factors that should be taken into account before leaving for the airport.

You need to research international moving quotes, what are you going to do with your property at home, and do you need an immigration law firm to help you through the process.

International relocation is only for adventurers, the ones who don’t mind the challenge and when they say “I want to move overseas” they face the world to do it. There isn’t really a golden answer to “how to move internationally?” and nobody has really figured out the best way to move overseas.

However, there are things that are basic and you need to take care of. Make a list of the questions you’ll ask about the country you are moving to such as, is it the best country for health insurance? Would I be able to deal the same way with my bank and credit card? Would I be able to handle the living costs in this country?

1. INDIA

India Gate in Delhi, India

Indian is at the top of the list of the cheapest countries to live in. You can have a meal in an inexpensive restaurant for around $2, while 1 litre of milk costs only $0.65, a dozen of eggs for around $0.90, and 1 kilogram of potatoes for about $0.23.

When it comes to transportation, you can buy a one-way ticket (local transport) for $0.29, or get a taxi for $0.21 per kilometres. You can even get a car – a Volkswagen Golf 1.4 90 KW Trendline for instance for around $11,425.

To rent a one bedroom apartment in the city centre would cost you around $160, but you can get it for less than a $100 if you went outside of the centre. However, India is so big and you may get you confused at first, so you’d better make use of India travel guide for instructions.

2. SOUTH AFRICA

South Africa

Despite being one of the most developed countries on the continent, South Africa is a country with an affordable cost of living. The country is witnessing prosperity in so many aspects; however, they managed to maintain a low cost of living.

You can have a meal in an inexpensive restaurant for about $8.31 and buy a bottle of Pepsi or Coke for less than a dollar. When it comes to food, one litre of milk costs $0.96, tomato, potato and onions for around $1/kilogram.

A one-way ticket (local transport) costs $1.11 and a monthly pass for around $38; while the cost of a new Toyota Corolla 1.6l 97kW Comfort can be $19,339. To rent a 3 bedroom apartment costs around $750 per month but it will cost more in the city centre at $887.

3. Kosovo

Kosovo

Kosovo is one of the cheapest countries cost of living wise in the world. How cheap you ask? How about telling you that $324 can get you through the month? It has one of the cheapest costs for goods and groceries.

Moreover, you’ll enjoy a very healthy lifestyle. A meal in an inexpensive restaurant can cost you around $3, while a meal in a mid-range one for two people with three courses can cost around $12.

Your groceries won’t cost much either: 1 litre of milk costs around $0.81 and 1 kilogram of white rice can cost a $1. You can get chicken breasts for around $2.73 for a kilogram and a dozen eggs for a $1.

Onion, tomatoes, and potatoes cost around 50 cents each, while bananas and oranges cost $1. A 3 bedroom apartment is $278 while a 1 bedroom one is for around $165. So, if you are moving abroad alone, Kosovo is one of the cheapest options.

4. PAKISTAN

To the North West of India we find the 4th country in our list, Pakistan. It is a country with one of the lowest living costs in the world. You can have a meal in an inexpensive restaurant for less than a $1.50 and a bottle of Coke or Pepsi for $0.27.

But the most impressive thing is what shopping for goods and groceries cost you. You may get 1 kilo of tomatoes, onions, and potatoes and pay only $1 for it.

You can also get bananas and oranges for less than $0.80 each. When it comes to housing, you can rent a 3 bedroom apartment for around $181, or if you are moving overseas by yourself, you may get a 1 bedroom apartment for $79 a month. No wonder Osama bin Laden holed up here.

However, Pakistan doesn’t enjoy the best reputation when it comes to tourism. It is considered dangerous by many people as he found out.

5. The UKRAINE

Karachi Pakistan

Well known for being a beautiful and colourful country, but not many people know it has one of the lowest living costs in the world. It is estimated that living in Ukraine is 65% less affordable than living in the US.

You can have a three course meal in a mid range restaurant for two people for $18.95, a bottle of Coke or Pepsi doesn’t cost more than 50 cents. You can come back from the supermarket with a full bag and still maintain a full pocket as well.

Milk costs around $0.85 per litre, a dozen of eggs is for $1.17 and 1kg of chicken breast is for $3.50. It is the same as Pakistan when it comes to prices of potatoes (around $0.34) onions (around $0.35) but tomatoes are a bit expensive at $1.29.

Rent will cost you $210 for a one bedroom apartment and $373 for 3 bedrooms. Maybe moving  your country will not be as hard when you opt for Ukraine.

6. KAZAKHSTAN

Kazaksthan

You may have heard about this country from the famous movie Borat; which promotes a negative image about it. However, little do we know that this country is very developed if we compare it to many of its neighbours. Despite its development, it has a very low cost of living.

A meal in an inexpensive restaurant will cost you around $5.28 while one at McDonald’s will cost $4.23. When it comes to shopping for groceries you can get milk for around $0.73, apples, bananas, and oranges for around $1.20; while some vegetables cost around $1.50 like tomatoes, potatoes you can also get onions for $0.34.

A 3 bedroom apartment cost $352 while a 1 bedroom one outside the city centre costs $189. Kazakhstan is a beautiful country that we strongly recommend, even if you live and work abroad for a year; you’ll have a nice inexpensive experience.

7. NEPAL

Nepal is a country situated in SE Asia that used to have a higher ranking in this list if it wasn’t for some countries who have managed to lower their cost of living.

Usually, living in the capital city of any country can be a financial burden, but not in Nepal. In updated statistics concerning the cost of living in Nepal, it is indicated that having a meal in a rather inexpensive restaurant will not cost more than $2.24. A  cappuccino will not cost more than $2.

A one way ticket is surprisingly cheap at $0.18; renting a one bedroom apartment costs $90 or if you want to splash out a 3 bedroom one is $167 a month. Groceries are reasonable to: 1 litre of milk can be purchased for $0.67 and 12 eggs for a $1.5. Chicken breast is $3.80/ kilogram. Tomatoes, potatoes, and onions don’t cost much either (around $0.50).

8. ZAMBIA

What’s really distinct about Zambia is the fact that rent in the country is high while everything else is affordable. It is inexpensive when it comes to groceries. 1 litre of milk costs around $1, white rice is $1.43 for kilograms. You can get tomatoes and potatoes for around $0.60 while onions are more expensive for $0.79.

Surprisingly, lettuce is expensive at $0.86. But accommodation is really expensive: a one bedroom apartment outside the city centre will cost around $213; while a 3 bedroom apartment may cost up to $618.

That’s why we recommend against Zambia, since whatever you save in buying groceries and transportation you will spend on rent. Furthermore, it does not offer the best medical coverage in the world since the country is struggling with the basics including access to water.

9. SYRIA

Syria

Another beautiful country to save money whilst living in is Syria. It is a country that offers an affordable cost of living as well as beautiful scenery. However, Syria has been a victim of wars and intense political conflicts, which has made it one of the most unsafe places in the world.

The country will cost a lot to rebuild, and when it does, maybe the cost of living will not stay the same and prices will soar. That’s why we don’t recommend Syria, at least for the moment, despite the cheap cost of living.

10. PARAGUAY

Kathmandu Nepal

For Latin America aficionados out there, this country is for you. If you are fond of the Latina people and cultures you will definitely like Paraguay. You can manage through the month with just $350 a month.You can get consumer goods for cheap prices: have a meal in a regular restaurant for around $4; the same goes for McDonald’s. When it comes to groceries, a litre of milk costs between $0.66 and $0.90, chicken breasts cost around $3.22. You may also get bananas and oranges for less than a $1 per kilogram; the same thing applies to potatoes and onions (tomatoes are expensive at $1.42).

Accommodation is cheap too with a 3 bedroom apartment costing around $477 and a 1 bedroom one costing just $157. Immigration is not an easy process though, so make sure to seek the services of an immigration lawyer to help you. An immigration attorney will guide you and show you what to do and what not to do depending on each country. Immigration lawyer fees may become a burden but can also save a lot of hassle. But if you find an immigration lawyer that is good in what he or she does, it will save you a lot of trouble. Also, worldwide health insurance, health coverage, and travel insurance should be one of your concerns. So, before you Google cheap travel sites make sure to take these guidelines into consideration.

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