The cheapest places to live in the world. $500 a month

Are you tired of busy cities, crowded streets, high rents and almost non-affordable mortgage? Well...there are places in the world where you can live well for less. The cheapest places to live are also the most beautiful and exotic destinations. So why not make your dreams come true, pack your bags and move to one of those paradise locations, if not for a lifetime, then at least for a year or two?

There are two simple rules to follow while searching for low cost destinations. Firstly: if you find a place cheap enough to travel to, then most probably you will also find it cheap to live in. Secondly: wherever you are, the further from the big cities and large agglomerations, the cheaper it gets.   

Of course 'cheap' is a very relative concept, and what is cheap for you may not be cheap for people living some place else in the world. 

But if 'cheap' means spending just a few dollars/euro/pounds a day, then these locations in Asia and Central America may interest you...

THAILAND

This could be your home. By rene ehrhardt

Have you ever been to Thailand? Do you remember that feeling of paying $1 (€0.70) for a glass of beer? Did you ask yourself then what it would feel like to pay that much for a drink back home? Or the other way round... what would it feel like to enjoy such prices on a daily basis? If your answers are yes, yes, yes ...then why not consider moving to the Land of Smiles for a while?

Life is short and, really, no one forces you to spend your days sitting in the office with a computer as your best friend. Think about sandy beaches, constant sunshine and excellent food and realize that you can have it all for less than $500 (€350) a month.

Of course this amount will not pay a beach apartment but you can easily find cheap accommodation in places as beautiful as Chang Mai, up north, where you will pay around $30 (€21) a month for a small flat. Nearer the coast, a room in the apartments runs at roughly $90 (€63) upwards.

Chang Mai by Dj Badly

Cooking at home will cost you nothing as fruits, vegetables and meat at the local markets fall into the budget category. If you are too lazy to cook then try excellent Thai food from street-side food stalls. You can get spicy chicken with rice or noodles for around $1 (€0.70). Spending around $200 (€142) for food a month, you still have around $200 (€142) spare to enjoy local trips, restaurants, parties and some small shopping.

CAMBODIA

Angkor Wat. By Jon 2

Thinking about Cambodian history, the bloody regime of Pol Pot and poverty, no one would dare to call the country a paradise, but in terms of living cost Cambodia rivals Thailand. It does not have as great beaches as its Thai neighbor but, well, it is not all about beaches, right?  You can easily live for less than $500 (€350) in the country’s capital, Phnom Penh. 

As there are more and more foreigners living in the town, the accommodation prices are getting higher – it would be hard to find something below $200 (€142) a month, but you can always reduce this cost by sharing a flat with a friend or some long-term travelers.

With $300 (€213) left, you can easily get by in the country. The food prices are similar or lower than in Thailand. Eating in local restaurants will cost you around $2 (€1.40) a meal and $1 (€0.70) a beer but if you really aim to trim your budget, you can try food from street stalls- simple but delicious. Traveling by tuk tuk will cost you several bucks/euro a day. 

Getting around by tuk tuk. By tajai

Living in Phnom Penh, the town of no McDonald’s and Starbucks, may be a life changing experience for you. Be aware that Cambodians are extremely poor but modest people, so treat them with respect.  Getting to know a few natives may help you to understand the complex history and tough life in the country. You can always teach English or get involved with some non-governmental organizations to help change the reality around you.