7 Places To Live That Make Living On Less Than $1000 Per Month Possible

Did you know that there are places where you can live comfortably for less than $1000 per month? Well, it is possible. There are several places where the cost of living is so low that you could easily save money while still enjoying a comfortable standard of living.

When looking for a new to live in, most people consider the following:

• The cost of living: When looking for a place to live, it’s important to consider the cost of living. This is the money you need to spend on necessities like food, shelter, and clothing.
• The climate: The climate is another important factor to consider. You want to make sure that the environment is comfortable for you and that you will be able to enjoy the outdoors.
• Quality of life means different things to different people, but when considering the quality of life, you want to consider the important amenities. Do you want to be close to good schools, restaurants, and shopping? Or do you prefer a more rural setting where you can enjoy nature?
• Safety: When looking for a new place to live, make sure it is safe. You want to feel comfortable walking around at night and leaving your belongings unguarded.
• The cultural scene: If you are looking to live in a place with a vibrant cultural scene, make sure there are plenty of things to do and see. You want to have new experiences, and meet new people.
• The job market: Jobs are an important part of our lives, and when considering a new place to live. You want to be able to land a job that you enjoy, and that pays well.

Top 7 places to thrive on less than $1000 per month:

These places are not only affordable, but they offer a high quality of life; they include:

Ecuador

You are lucky if you choose Ecuador to start your new life. The climate is great, the people are friendly and welcoming, plenty of things to do, and affordable living costs. Some activities include hiking, swimming, snorkeling, and exploring the Amazon rainforest.

Additionally, the food in Ecuador is both cheap and delicious. You can enjoy a decent meal for less than $2 and a luxury meal for under $10. Rent in Ecuador is also incredibly affordable. They have furnished apartments for as little as $200 per month, and utilities will only set you back an additional $50 per month.

The language barrier may be challenging here, but many language schools in Ecuador can help you learn Spanish quickly. Moreso, If you plan on moving to Ecuador, you will need to obtain a visa. The good news is that several options are available, and the process is relatively straightforward.

Continue reading: What Does It Mean To Live Frugally?

Portugal

If you are looking for a place with great weather and low living costs, Portugal should be at the top of your list. The food price is very reasonable, and you can have a good meal for under $10. Rent is also quite affordable, with a one-bedroom apartment in the city center for around $500 per month.

While Portugal is a great place to live, it does have its downsides. The language can be a bit challenging to learn, and healthcare costs are higher than in some other countries. Additionally, the unemployment rate is currently around 12%, so getting a job may be difficult.

Expert Tip: How To Live On One Income. Tips To Become A Single-Income Family

Belize

Did you know Belize has the lowest cost of living in Central America? It is true! The average monthly expense for a single person in Belize is only $600, which includes rent, food, transportation, and utilities.

The weather in Belize is amazing, and the people are some of the friendliest you will ever meet. There are also plenty of things to do, including scuba diving, snorkeling, hiking, and exploring ancient Maya ruins.

The only downside to Belize is that it is not the safest country in the world. There is a high crime rate, and you should take precautions to ensure your safety.

Mexico

When on a $1000 per month income, you will see that Mexico is a great place to live. The cost of living is very low, and you can rent a furnished apartment for as little as $300 per month. The food is also quite affordable, and you can have a decent meal for less than $10.

If you plan to start a life in Mexico, your income will go much further than in other countries. You can live comfortably for less than $1000 per month and still have money to save or spend on leisure activities.

Mexico offers endless activities like:

• Explore ancient ruins
• Scuba diving in the cenotes
• Relax on the beach

There is something for everyone in Mexico. Get more while living on less in Mexico!

Croatia

Croatia is a beautiful country with a Mediterranean climate and one of the most affordable places to live in Europe. The cost of living is very low, they offer apartments for as little as $400 per month.

The authority in Croatia can be a bit difficult to deal with because the country is still transitioning from communism to democracy. You must understand that the government is not used to people questioning authority.

So, avoid any confrontations with the police or other officials, and you will be fine. The language can be challenging to learn. The healthcare system is not as good as in some other countries. However, these downsides are less than the low cost of living and the beautiful scenery.

Costa Rica

It is easy to see why Costa Rica is a popular destination for retirees. The cost of living is very low, a furnished apartment can be rented for as little as $500 per month. The food is also quite affordable, and you can eat a decent meal for less than in other places.

You will be surprised that the weather is not as good as you think. It is quite hot and humid, and the rainy season can be challenging to get used to. That should not discourage you from living in Costa Rica, though, as it is still a great place to live.

Vietnam

The last country on the list is Vietnam. This place has a lot to offer, and the cost of living is very low. You can rent a furnished apartment for as little as $200 per month, and the food is also quite affordable.

Vietnam is a beautiful country with plenty to do. You can explore ancient temples, go scuba diving, or relax on the beach. There is something for everyone in Vietnam. As a visitor, you need to be aware of the common scams in Vietnam and always remember to use reputable taxi companies. Other than that, you will have no problems living in Vietnam.

Live Well For Less

These are some of the best places to live on a $1000 per month income. All of these countries have their unique charm, and you will be able to find a place that suits your lifestyle. So, what are you waiting for? Start packing your bags and head to one of these countries!