Which Countries Have the Lowest Cost of Living?

by Flip Flop Wanderers
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With inflation and the cost of living rising in many parts of the world, lots of people are considering relocating for a better quality of life. The average salary for any given profession varies largely from country to country, as does the cost of living there. Therefore, if your calculations are correct, you could find yourself having more money left over at the end of the month than in your current country of residence.

With so many amazing places in the world to choose from, you may also be able to reap the benefits of living in a place previously reserved for holidays. In this post, we will take a look at some of the most affordable countries to live in and consider the benefits of relocating there.

© Unsplash – Despina Galani
© Unsplash – Alex Azabache

Turkey

Turkey is the most affordable country in the Organisation for Economic Co-Operation and Development (OECD), which is a group of 38 countries who share economic information and stats with each other. The scoring data collected by the OECD suggests if you were to move to Turkey and remain on the same pay you have in the UK, you’d be around three times better off, due to the country’s low cost of living.

If you are lucky enough to have a completely remote job where you have the freedom to work from anywhere on the globe without a decrease in salary, Turkey would be a great place to live relatively cheaply and save some pennies.

As a popular holiday destination, Turkey is teeming with natural, cultural and historical beauty, from intricate mosques to breathtaking beaches. The Mediterranean climate also offers hot summers and mild winters. But make sure to pack your snowsuit as well as your flip-flops, as the dramatic landscape of Turkey consists of everything from snow-capped mountains, to temperate rainforests, to long stretches of dreamy beaches upon dazzling shorelines.

© Unsplash – Kamil Gliwinski

Poland

Next in line on the OECD’s list of the most affordable places to live is Poland. As a country made up of what feels like a puzzle of unique cities, each with their own characteristics and stories, Poland is a vibrant and interesting place to live. From the bustling metropolis of Warsaw to the coastal cities of Tricity on the edge of the Baltic Sea, Poland is known for its friendly people, mouthwatering cuisine and urban paradises.

Living in Poland would suit those interested in city life and the latest technology, as well as history buffs and those who want to always have an exciting, new opportunity on their doorstep. With the cost of living surprisingly low, and typical salaries at a good average, working as a digital nomad or even moving to a Polish employer would definitely save you some money.

© Unsplash – Roberto Carlos Román Don

Mexico

Known as the land of extremes, Mexico has almost every landscape in one. Majestic mountains reign over deep canyons in the centre, with arid deserts to the north and dense jungle to the south. Scattered across the beautiful landscape are Spanish colonial cities, world-class diving and snorkelling sites, iconic bustling markets and bazaars bursting with colour, plus an abundance of exquisite dining opportunities.

Relocating to Mexico is comparably easy and relaxed compared to many other countries, with little legal input necessary for most people. As a relaxed, fun and affordable place to live, this is a great option if you enjoy taking life at a slower pace and soaking up the sun.

Take your time

As tempting as it may be to pack a suitcase today, moving abroad is a huge decision that needs to be thoroughly researched, planned and considered. Take your time to decide which country is right for you, and be sure to have spent a decent amount of time there away from the holiday resorts and sampling the authenticity of living there like a local, before you commit.

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