Are you tired of the daily grind and yearning for a more affordable, adventurous life? The year 2023 brings a fresh opportunity to turn that dream into reality. Laura Begley Bloom published a listing of the ten cheapest places in the world to live on forbes.com on January 2, 2023. We dedicate ourselves to the top 4. Here are the top four cheapest and most appealing places to live in the world, where the cost of living is so low, you might even be able to stop working.
Portugal: A Coastal Dream
Portugal takes the crown as the top place to move to in 2023. The strength of the U.S. dollar and the country’s visa options make it an attractive destination. From the bustling cities of Lisbon and Porto to the picturesque towns of Lagos, Vilamoura, and Tavira, Portugal offers a variety of experiences. The cost of living is considerably lower than in the U.S., with a couple able to cover all expenses for about $2,800 a month.
Mexico: A Stone’s Throw Away
Mexico secures the second spot for 2023. Its proximity to the U.S., coupled with the strength of the dollar, makes it a timely choice. Mexico offers a variety of options, from steamy beaches on the Caribbean to the rich culture of its colonial cities. Places like Lake Chapala, Playa del Carmen, and Queretaro are highly recommended. A couple can live comfortably for under $2,000 a month.
Panama: Tropical Bliss
Panama ranks third in 2023. It scores well across the board, from its visa options to its first-rate healthcare. Panama City, Coronado, and Boquete are some of the communities to consider. The country uses the U.S. dollar, and the cost of living is a fraction of what you’d pay at home. A couple can live comfortably anywhere in the country for about $2,900 a month.
Ecuador: An Undiscovered Gem
Ecuador is a largely undiscovered country offering the conveniences of modern living, including high-speed internet and affordable healthcare. Places like Salinas, Cotacachi, Cuenca, and Vilcabamba are expat-friendly and offer a unique blend of culture and natural beauty. The cost of living is incredibly affordable, with a couple able to live comfortably for about $1,500 to $1,800 a month.
These four countries offer a unique blend of affordability, culture, and natural beauty, making them ideal destinations for those seeking a more relaxed and cost-effective lifestyle. So why wait? Start planning your escape to one of these paradises today!