The 10 cheapest places for American expats to live abroad
5 min readThe 10 cheapest places for American expats to live abroad
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- For Americans in search of lower living costs, living abroad may be an option, and expat information site InterNations has named 10 cities as the cheapest based on current expats’ observations.
- Vietnam’s Ho Chi Minh City took the top spot for living costs and housing expenses, and more than three quarters of current expats living there say they feel good about their finances.
- Kuala Lumpur, Malaysia, and Bangkok, Thailand, also took top marks for affordable living.
- Cities in Central and South America, the Middle East, and Eastern Europe also made the top 10.
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Leaving the country to live abroad isn’t always easy, but it can make life significantly more affordable.
In cities across the US, rents under $1,000 per month have become almost unheard of — Apartment Guide data shows that the average one-bedroom apartment in the US rents for about $1,600 per month.
But in cities around the world, life can be much cheaper. From European cities like Budapest, Hungary, to Southeast Asian cities like Kuala Lumpur in Malaysia and Bangkok, Thailand, life is affordable for expats looking for lower living costs.
International living site InterNations polled expats already living in cities around the world about their city’s costs of living, how they felt about their own finances, and housing availability. InterNations ranked cities with 50 or more survey respondents according to how positively expats felt about these factors.
Here are the 10 cities outside the US that took top marks for both expat personal finances and housing costs, according to InterNations’ data. Also included are the number of surveyed participants who feel good about their finances, when available, along with typical monthly costs of rent and other expenditures, including groceries, clothing, and utilities, from Numbeo.
10. Bogota, Colombia
In Colombia’s capital, life is affordable, from rent for an apartment to a dinner out.
Typical rent for a one-bedroom apartment in the city: $378.02
Typical monthly costs (other than rent) for one person: $405.67
9. Doha, Qatar
The capital of Qatar, Doha has plenty of affordable homes for expats, in addition to lots of hot weather.
Percentage of surveyed expats who are satisfied with their finances: 69%
Typical rent for a one-bedroom apartment in the city: $1,457.39
Typical monthly costs (other than rent) for one person: $874.04
8. Montreal, Canada
Montreal, Canada, is a close move for some Americans in the northeast, as it’s just north of New York and Vermont. But it’s notably cheaper than cities in the States.
Typical rent for a one-bedroom apartment in the city: $982.57
Typical monthly costs (other than rent) for one person: $807.50
7. Budapest, Hungary
Budapest, Hungary is a historic and affordable city for expat living.
Typical rent for a one-bedroom apartment in the city: $521.26
Typical monthly costs (other than rent) for one person: $581.03
6. Mexico City, Mexico
Mexico City, Mexico, is much more affordable than the typical US city. And it’s not all that far from the States either.
Typical rent for a one-bedroom apartment in the city: $583.43
Typical monthly costs (other than rent) for one person: $484.01
5. Panama City, Panama
Panama City, Panama, has lots of opportunity for affordability for expats, and lots of warm weather.
Typical rent for a one-bedroom apartment in the city: $838.89
Typical monthly costs (other than rent) for one person: $745.47
4. Taipei, Taiwan
In the capital of Taiwan, living costs are affordable. Current expats report that they’re happy with their finances, too.
Percentage of surveyed expats who are happy with their finances: 69%
Typical rent for a one-bedroom apartment in the city: $583.43
Typical monthly costs (other than rent) for one person: $484.01
3. Bangkok, Thailand
Thailand is a relatively affordable country to be an expat. Even in its biggest city, Bangkok, an apartment can be rented for less than $700 per month.
Percentage of surveyed expats who are satisfied with their finances: 63%
Typical rent for a one-bedroom apartment in the city: $665.44
Typical monthly costs (other than rent) for one person: $643.54
2. Kuala Lumpur, Malaysia
The capital of Malaysia is affordable to compared to many American and European cities. The city has both a thriving business center and great nature at its doorstep, making it an ideal home base.
Percentage of surveyed expats who are satisfied with their finances: 73%
Typical rent for a one-bedroom apartment in the city: $496.47
Typical monthly costs (other than rent) for one person: $509.46
1. Ho Chi Minh City, Vietnam
In southern Vietnam, Ho Chi Minh City offers the bustle of a vibrant city without the high price tag you might find in the US.
Percentage of surveyed expats who are satisfied with their finances: 77%
Typical rent for a one-bedroom apartment in the city: $560.86
Typical monthly costs (other than rent) for one person: $462.62
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