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RankedFacts.com > Blog > Lifestyle > Voyage > Luxury Living: Top 10 Cheapest Countries to Live Well
LifestyleVoyage

Luxury Living: Top 10 Cheapest Countries to Live Well

RankedFacts Team
Last updated: March 14, 2025 10:03 am
RankedFacts Team
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The cost of living is constantly increasing, which makes it hard for many people to live the lifestyle they want. Luckily, there are still places in the world where you can live luxuriously without spending a lot of money. From Southeast Asia to Latin America, here are ten countries where you can enjoy a high-end life on a budget.

Contents
MalaysiaPanamaNepalNicaraguaThailandMexicoPortugalLaosAlbaniaVietnam

Malaysia

MALAYSIA - Can You AFFORD to Live Here? Retiring to Malaysia in a Luxury Condo

Kuala Lumpur, the capital, shows off what Malaysia has to offer. You’ll see tall buildings like the famous Petronas Twin Towers, alongside lively street markets and green parks.

Living in Kuala Lumpur is cheaper than in other big cities of the same size. Rent for a one-bedroom apartment in the city center averages about $600 to $800 a month. Eating at fancy restaurants won’t cost you too much, with a nice meal for two costing around $30 to $50.

Outside the capital, Malaysia’s islands and beaches are perfect for a luxurious getaway. Langkawi Island is a peaceful escape from city life. A stay at a beachfront resort can cost as little as $100 to $150 a night, so you can enjoy spa treatments and gourmet food.

Getting around in Malaysia is also very affordable. There’s a good network of trains, buses, and taxis connecting cities and tourist spots. A monthly pass for public transportation in Kuala Lumpur is less than $25, making it easy to see everything this amazing country has to offer.

Panama

My NEW Apartment TOUR *FULLY FURNISHED* Downtown PANAMA 2023 (Affordable LUXURY Living - 1850 sqft)

In Panama City, you can find an apartment in a fancy area for about $1,500 a month. Groceries are also affordable, with a week’s worth of food for two costing around $100. A gourmet meal at a high-end restaurant can cost as little as $15 per person.

Besides being affordable, Panama has a diverse landscape. From the modern vibe of Panama City with its tall buildings to the beaches of Bocas del Toro, there’s something for everyone.

Healthcare in Panama is also affordable. You can take care of your health without spending too much, thanks to the world-class medical facilities and services.

If you want to relax, Panama’s warm weather and easygoing lifestyle are perfect. Whether you’re walking through the historic streets of Casco Viejo or enjoying the sun on the San Blas Islands, you’ll find peace everywhere.

Nepal

Top 10 CHEAPEST Countries To Live Lavishly On $1000/Month

Nepal is very affordable, making it a great place for expats and travelers. Rent for an apartment in Kathmandu can range from $200 to $500 a month, depending on location and amenities. A meal at a high-end restaurant costs around $10 to $15.

Beyond the city, Nepal’s natural beauty is waiting to be explored. From the Himalayas to the lakes and forests, it’s a paradise for outdoor lovers. You can go trekking in the Annapurna or Everest regions or relax in Pokhara.

Nepal also has a rich culture. Explore ancient temples, markets, and festivals that show off the country’s traditions. The friendly locals are always happy to share their stories and customs with visitors.

Getting around Nepal is easy and cheap, with buses, taxis, and rickshaws available. You can see all the country’s hidden gems without spending too much.

Nicaragua

This Nicaraguan Mansion is cheaper than a studio apartment in NYC! | Mansion Tour Nicaragua

Nicaragua is cheaper than many Western countries, making it a good choice for those who want a high-quality lifestyle without the high cost. Rent for a one-bedroom apartment in the city center can range from $300 to $500 a month, and eating at local restaurants can cost as little as $5.

If you want to live by the beach, Nicaragua’s Pacific coast has affordable towns like San Juan del Sur. Expats can rent a beachfront property for around $600 to $800 a month. Public buses are a cheap way to get around.

Nicaragua is welcoming, and the friendly locals make it easy for expats to settle in. Whether you like the peaceful shores of Lake Nicaragua or the streets of Granada, Nicaragua offers a luxurious lifestyle at a great price.

Thailand

What Can $1,000 Get in THAILAND

Bangkok is an exciting city where modern buildings stand next to ancient temples. You can enjoy a cosmopolitan lifestyle without spending too much. Renting a one-bedroom apartment in the city center can cost as little as $400 a month. Eating at fancy restaurants will only cost you around $10 to $20 for a meal.

If you love the beach, Thailand’s coastal spots like Phuket and Koh Samui have clear waters and palm trees. Whether you’re staying in a luxury resort or a beachfront villa, living costs are still affordable. A spacious villa with a private pool might only cost $1,000 to $1,500 a month.

In northern Thailand, cities like Chiang Mai have ancient temples and mountains. You can rent a stylish apartment for as little as $300 a month, leaving plenty of money to explore the local food and night markets.

Mexico

LUXURY LIVING in Mexico! This place has EVERYTHING!

Playa del Carmen is a great place for luxury living in Mexico. It has beautiful beaches and clear waters, attracting expats and tourists. Despite its upscale vibe, the cost of living is low. Rent for a one-bedroom apartment in the city center averages around $500 to $700 a month. A fancy meal won’t cost you more than $20 to $30.

Mexico City is another popular spot for affordable luxury. You can enjoy great food, cultural experiences, and upscale shopping without spending too much. Rent for a one-bedroom apartment ranges from $400 to $600 a month.

If you want a peaceful lifestyle, consider retiring in San Miguel de Allende. This colonial town has beautiful streets, historic architecture, and a thriving expat community. You can live like royalty on a budget.

Portugal

12 Underrated Countries to Live in Cheap & Safe

Living in Portugal is cheaper than in other European countries. Renting a one-bedroom apartment in Lisbon can cost around $800 to $1000 a month, which is less than in other European cities. You can find nice places at good prices in smaller cities and towns too.

Food lovers will enjoy Portugal’s delicious food without spending too much. You can eat fresh seafood, drink port wine, and enjoy pastéis de nata without worrying about your budget. A meal for two at a mid-range restaurant might cost around $30 to $50.

Besides being affordable, Portugal offers a high quality of life. Enjoy the sunny weather, relax on beaches, and explore historic streets. From the Algarve region to the Douro Valley, Portugal has natural beauty and cultural wonders.

Laos

In Laos, living costs are low, with monthly expenses around $500 to $700 for a comfortable lifestyle. Rent for an apartment in Vientiane might cost only $300 to $500 a month.

Laos has stunning natural beauty, with rivers, forests, and mountains. Outdoor lovers can go trekking, explore temples, or kayak on the Mekong River.

Food lovers will also enjoy Laos’ cuisine, which combines flavors from neighboring countries. You can enjoy delicious street food or eat at a fancy restaurant for just a few dollars.

Despite being affordable, Laos has modern amenities and a high quality of life. High-speed internet, reliable healthcare, and a welcoming expat community make it easy to settle in.

Albania

Cost of Living in Albania 2022 | Is Albania Cheap to Live In? Monthly Budget

Imagine waking up to the beautiful views of the Albanian Riviera, where blue waters meet golden sands. With mild winters and warm summers, Albania is perfect for outdoor activities year-round.

Albania is also very affordable. You can enjoy a meal at a local restaurant for as little as $5, a nice dinner for two with wine for under $30, or rent an apartment in the city center for around $300 a month. You can live like royalty without spending too much.

Albania has a rich culture. Explore ancient ruins like Butrint or wander through historic cities like Gjirokastër.

Albania offers many activities for outdoor lovers, from hiking in the mountains to sailing along the coast. The warm and welcoming locals will make you feel at home.

Vietnam

What Can $1,000 Get in VIETNAM (World's Cheapest Country)

Ho Chi Minh City is a great place for expats in Vietnam. You can enjoy a lavish lifestyle without spending as much as in other major cities. A furnished one-bedroom apartment in the city center can cost around $500 to $700 a month. Eating at fancy restaurants won’t cost you much, with meals averaging $5 to $10.

Da Nang, known for its beaches and scenery, is another spot for luxury living on a budget. Expats can rent an apartment with ocean views for as low as $400 to $600 a month.

Vietnam is affordable without sacrificing quality. Whether you’re enjoying a spa day, exploring temples, or eating street food, luxury living is within reach for much less than you’d expect.

These countries prove that you don’t need a fortune to live a life of luxury. You can enjoy beautiful landscapes, rich cultures, and high-quality amenities while keeping your expenses low.

Which of these affordable paradises sparks your interest the most? Share your thoughts and questions in the comments below! #AffordableLuxury

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TAGGED:affordable countriesbudget travelexpat lifeinternational livingluxury living

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