13 Exciting Places Where You Can Live For $1,500 A Month—Or Less (2024)

Living in the United States is not cheap—especially as prices continue to soar, from groceries to transportation to housing. According to recent reports, an American household spends an average of $61,334 per year on their expenses, with housing being the largest expense, at almost $1,800 a month. So why not move someplace where it costs a whole lot less to live?

International Living recently released a list of 13 places around the globe where a couple can live for as little as $1,500 a month (or less). This figure covers everything: housing, healthcare, food, fun and more. And here’s the good news: That’s for a couple. If you’re single, you can live for less.

To come up with this list of cheapest places to live, International Living analyzed seven key factors: housing, visas, cost of living, healthcare, climate and more. Beyond this, the report considered additional amenities such as high-speed internet access, networking opportunities and English-speaking communities.

From Mexico (which leads the list with its three budget-friendly locations) to Southeast Asia (with five standout destinations), these places offer a glimpse into a life where saving money doesn’t mean sacrificing a nice lifestyle.

Check out these 13 exciting places where you can live for as little as $1,500 a month.

Top Places To Live In The Americas

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Arenal, Costa Rica

Why Move There: Located about three hours north of San José and three hours east of Liberia, Arenal captivates residents with its breathtaking views and moderate, breezy weather. Outdoor enthusiasts flock to Arenal for hiking in the rainforest and a rich diversity of wildlife, with over 200 bird species, monkeys and coatis. The region’s allure extends beyond its natural beauty to its affordable real estate and low cost of living.

The Cost: According to International Living, expats report living comfortably on $1,500 or less per month, with rents as low as $400 for chic apartments or cozy homes with tranquil Caribbean views. Dining out is affordable, with meals ranging from $6 to $15, and local sodas serving breakfast for just $3.50.

Armenia, Colombia

Why Move There: Armenia is known for its natural beauty and vibrant coffee culture. With a population of just over 300,000, it’s a mid-sized city with easy access to colonial towns and parks. Armenia also has earned the nickname, the “eternal spring” city, thanks to its year-round warm weather, making it ideal for outdoor activities.

The Cost: According to International Living, expats can live comfortably on $1,500 or less per month. Renting in Armenia gives an affordable alternative to buying, with one-bedroom apartments ranging from $400 to $550 per month. And it’s even more budget-friendly if you live outside the city center. Food costs average around $200 per month.

Cozumel, Mexico

Why Move There: Cozumel, recognized for its laid-back island vibe and stunning white-sand beaches, attracts an international mix of residents. It’s also consider a world-class scuba diving destination and a haven for nature enthusiasts. Plus, with more than 350 restaurants, there’s something for every taste and budget.

The Cost: Many expats live comfortably on $1,500 a month, according to International Living. Cozumel also has top-notch healthcare services. Renting a one-bedroom condo typically ranges from $450 to $700 a month. High-speed internet services are available at a reasonable $20, and utilities, including electricity and water, average around $70. Dining out is affordable, with lunch for two costing as little as $10, while a dinner for two at a mid-range restaurant comes to about $25.

Isla Mujeres, Mexico

Why Move There: Located a short 20-minute ferry ride from Cancun, Isla Mujeres welcomes visitors with its Mexican-Caribbean vibe and Mayan influences. Despite being a major tourist destination, this small island has an appealing lifestyle for expats with laid-back neighborhoods and white-sand beaches. Most residents navigate the island via golf carts or the hop-on hop-off bus, which costs just over a dollar and conveniently drops passengers at their doorsteps.

The Cost: Renting an apartment with utilities included can cost around $600 a month, according to International Living. While beachfront restaurants in the hotel zone cater to tourists at higher prices, local kitchens and street food stalls provide authentic Mexican cuisine at a fraction of the cost, like a three-course meal for $5 to $6.

Querétaro, Mexico

Why Move There: Located in Mexico’s Colonial Highlands, Querétaro blends historic charm with modern amenities. With a population of about 1.1 million in the greater metropolitan area, this city is renowned for its high quality of life. Its well-preserved historic center has been a UNESCO World Heritage site since 1996. You’ll find modern malls, excellent medical facilities and a robust cultural scene, plus easy access to international flights from nearby Mexico City.

The Cost: According to International Living, expats can live comfortably on $1,500 or less per month, with rents starting at $500 for a one-bedroom apartment and dining out for about $25 for a couple.

Top Places To Live In Asia

Chiang Mai, Thailand

Why Move There: In the northern mountains of Thailand, Chiang Mai is an ancient city with modern appeal. With a population of 127,000 residents, Chiang Mai has a population of Thai, Chinese, Indians and expats—who all coexist seamlessly. Beyond its historical and cultural richness, Chiang Mai offers an affordable lifestyle and a temperate mountain climate.

The Cost: According to International Living, renting a three-bedroom condominium with panoramic hill views can cost as little as $300 a month, with monthly living costs, excluding housing, averaging $300 for a solo explorer and $1,000 for a couple. Dining out becomes an adventure with a three-course meal for two costing around $10, allowing you to savor this city’s delicious food scene without straining your budget.

Hoi An, Vietnam

Why Move There: Hoi An, a World Heritage Site, captivates with its rich history and idyllic setting along an estuary of the Thu Bon River. The town’s pedestrian-friendly environment, with its central area off-limits to cars and motorbikes, invites leisurely strolls. Home to about 120,000 people and home to one of Southeast Asia's prettiest beaches—An Bang Beach—Hoi An is steeped in history, with its Ancient Town once a bustling port of call for traders from China, Japan and Europe.

The Cost: According to International Living, renting a two-bedroom apartment in the center of town can cost as little as $500 per month, while studio and one-bedroom houses start at less than $300 per month. A couple can live comfortably for under $1,500 per month, including rent, utilities, dining out and incidental expenses. Dining options abound, with a meal for two at a cheap restaurant costing $5 or less, and a cup of high-quality coffee (Vietnam is one of the world’s largest coffee producers) for just $1.50.

Kuching, Malaysia

Why Move There: Founded in 1839 along the tranquil Sarawak River, Kuching, Malaysia was once a strategic trading post connecting Asian seaports with Borneo's lush interior. Today, it has bustling streets alive with food stalls and a cool café culture. The city’s picturesque setting, with the meandering river and antique stores lining its banks, adds to its appeal for expats. Plus, with its proximity to national parks, Kuching is an ideal base for day trips to explore wild coastal and rainforest destinations.

The Cost: According to International Living, living in Kuching offers affordability and charm. A high-quality cappuccino costs just $3, while local coffee provides excellent value at $0.60 per cup. Renting a three-bedroom house within walking distance of the town center typically costs $700 per month. Monthly living costs for a couple, excluding housing, average an additional $500.

Penang, Malaysia

Why Move There: The island of Penang blends history, golden beaches and culture. With a vibrant population of 1.6 million residents, Penang has a diverse population where Malays, Chinese, Indians and expats coexist seamlessly. Penang stands out for its cost-effective living and first-rate healthcare.

The Cost: According to International Living, you can easily find a three-bedroom condominium with sweeping sea and hill views within a five-mile radius of the city center for an affordable $380 a month. Monthly living costs, excluding housing, are remarkably budget-friendly—a mere $500 for a single person and $1,000 for a family of two. Dining out is a pleasure, too, with a three-course meal for two costing around $15.

Phnom Penh, Cambodia

Why Move There: Set at the junction of the Mekong and Tonlé Sap rivers, Phnom Penh is a capital city that seamlessly blends ancient Khmer heritage with French colonial charm. Its bustling streets (this is a big walking city), diverse architecture and fusion cuisine create a unique atmosphere. Plus, its affordability and expat-friendly environment make it an attractive destination for retirees and expatriates alike.

The Cost: According to International Living, monthly living costs for a couple, excluding housing, amount to $300 per month. Renting a three-bedroom, 900-square-foot apartment within walking distance of the town center typically costs $1,100 per month. In total, a couple can expect to spend around $1,400 per month.

Top Places To Live In Europe

Alicante, Spain

Why Move There: Alicante, on the sun-drenched Costa Blanca, is known for its relaxed seaside living. With a warm, sunny climate, a wealth of dining options, plus an historic old town, Alicante provides a pleasant lifestyle that won’t break the bank. It’s home to sizable numbers of expats—about 15% of the permanent population is foreign. As a result, you can get by fairly easily in Alicante with minimal Spanish. It’s also easily accessible. The international Alicante-Elche Airport is served by both major and discount carriers serve the airport.

The Cost: Alicante offers affordability alongside its cultural richness. According to International Living, renting a chic apartment in the heart of the city or a cozy home with a view of the Mediterranean can cost less than $700 a month. With monthly expenses for a couple, excluding rent, averaging around $700, living in Alicante is both comfortable and budget-friendly—coming in at around $1,400 a month.

Bergerac, France

Why Move There: In southwest France, Bergerac (also known as the Périgord region) has picturesque villages, honey-colored stone farmhouses and pastoral landscapes. It’s a dream destination for expats seeking a quintessential French countryside experience—minus the costs of places like Provence. The city itself has a rich cultural scene, including art exhibitions, music festivals and gastronomic celebrations like Les Tables de Cyrano. Additionally, Bergerac’s central location makes it convenient for exploring the rest of southwestern France or venturing to the French Riviera.

The Cost: While the region is renowned for its beauty, it remains relatively accessible in terms of cost, coming in at around $1,500 a month. According to International Living, expats can find lovely village houses or rustic farmhouses for reasonable prices.

Granada, Spain

Why Move There: Set at the foot of the Sierra Nevada mountains in Andalusia, Granada offers a captivating blend of Spanish and Moorish heritage. Its ancient streets and centuries-old buildings (including the the iconic Alhambra fortress complex) provide a glimpse into the city’s history. Fueled by the energy of its university, Granada is an ideal destination for expats who want a lively social scene, in addition to the relaxed lifestyle.

The Cost: With a budget of around $1,000 a month for a couple, you can have a enriching and affordable lifestyle in Granada. According to International Living, comfortable apartments in the city center are available for under $600 a month. You can enjoy a café con leche for just over $1 or savor a traditional meal for two at a local restaurant for about $25.

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13 Exciting Places Where You Can Live For $1,500 A Month—Or Less (2024)

FAQs

13 Exciting Places Where You Can Live For $1,500 A Month—Or Less? ›

Cozumel, Mexico

Plus, with more than 350 restaurants, there's something for every taste and budget. The Cost: Many expats live comfortably on $1,500 a month, according to International Living. Cozumel also has top-notch healthcare services. Renting a one-bedroom condo typically ranges from $450 to $700 a month.

Where can I live comfortably on $1500 a month? ›

Cozumel, Mexico

Plus, with more than 350 restaurants, there's something for every taste and budget. The Cost: Many expats live comfortably on $1,500 a month, according to International Living. Cozumel also has top-notch healthcare services. Renting a one-bedroom condo typically ranges from $450 to $700 a month.

Where can I live on $1800 a month? ›

Montgomery, Alabama. Montgomery is the right place to be for retirees looking for a slow pace of life. This city allows retirees to live easily on a budget of $1800 a month due to its lower-than-average cost of living.

Where in the world can I live comfortably on $1000 a month? ›

Retiring abroad on $1,000 per month doesn't mean sacrificing quality of life. Many countries offer excellent health care, infrastructure and amenities at a fraction of the cost compared to the U.S. The cheapest places to retire abroad include Panama, the Philippines, Portugal, Malaysia, Mexico, Thailand and Vietnam.

What is the lowest income to live on? ›

According to the Minimum Income Calculator, a single adult would need to earn a wage of £20,383 – or £325.26 a week – for a decent standard of living, while couples with no children would need £27,340 between the two of you (which is £13,670 each). But when children get involved, these costs creep up even higher.

Where can I retire on $1300 a month? ›

Panama offers a dry, warm climate year round and a very low cost of living–with beach views. You can retire comfortably on $1,300 per month, and it's one of the best countries for quality of life. What's more, English is widely spoken, and you can use your US money anywhere across the country.

Where is the most affordable place to live in the world? ›

The cheapest places to live are Pakistan, Egypt, Nepal, Bhutan, and Burundi. In these states, a person needs less than $430 per month to live comfortably. According to crowd-sourced databases, the most expensive countries in the world are Monaco, Singapore, and Switzerland.

Where is the best place to retire on a budget 2024? ›

As such, some of the best states to retire in 2024 include the Carolinas, Mississippi, and Iowa. Revered for their tax-friendly environment and low cost of living, these states are ideal for retirees on a budget.

Where is the cheapest and safest to live? ›

Scoring high on the Global Peace Index 2023, Bulgaria is one of the cheapest and safest places to live in the world. The beautiful coastal city boasts an affordable cost of living, with an individual expat living comfortably at $1,300 per month (on average).

Can I live off of $1200 a month? ›

Living on a budget of $1,200 is doable but a bit difficult. It would depend on where you live (touristy beach areas tend to be more expensive overall), how much your rent is, and what your lifestyle is. If you shop and eat out like a local, you can live cheaply.

Where in the world can you live on $1200 a month? ›

Portugal. The chance to retire abroad in Portugal for less than $1,200 per month is likely tempting for many. Not only is it affordable, which can make for a more comfortable retirement, it also boasts a temperate climate and a friendly culture.

Is $1500 a month enough to retire on? ›

While $1,500 might not be enough for non-housing retirement expenses for many people, it doesn't mean it's impossible to stick to this or other amounts, such as if you're already retired and don't have the ability to increase your budget.

What is $1500 a month hourly? ›

$1,500 monthly is how much per hour? If you make $1,500 per month, your hourly salary would be $8.65. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.

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