10 Cheapest and Safest Places to Live in The World

This article takes a look at the 10 cheapest and safest places to live in the world. If you wish to check out our detailed analysis, you may go to the 25 Cheapest and Safest Places to Live in The World.

10. Craiova, Romania

Insider Monkey Score: 5.71

Craiova, renowned for its friendly locals and low crime rates, offers expats an enjoyable lifestyle at an average monthly cost of $1,500 (including international healthcare insurance). Historical attractions and a growing expat community add to the charm of moving here.

9. Szeged, Hungary

Insider Monkey Score: 6

Szeged, Hungary is ideal for expats who prefer a laid-back lifestyle. Expats get to enjoy a high quality of life, enjoying the many green spaces, cultural activities, and a safe environment. On average, the monthly cost of living for an individual expat, including international private healthcare insurance, is $1,300.

8. Eger, Hungary

Insider Monkey Score: 6

One of the most popular towns in Hungary, Eger is particularly attractive to expat retirees. The city offers a thriving local wine industry, beautiful architecture, and a reasonable cost of living. On average, the monthly cost of living for an individual retiree is $1,250, including an average of $70 spent on health insurance.

7. Surabaya, Indonesia

Insider Monkey Score: 6

Surabaya, Indonesia, is home to numerous international schools, modern shopping malls, and residential compounds. Expats have access to diverse work opportunities, quality education, and good housing. On average, the individual cost of living for an expat is $1,212, which includes $500 spent on international health insurance coverage.

6. Yogyakarta, Indonesia

Insider Monkey Score: 6.14

Modern infrastructure, rich culture and history, and an affordable cost of living make Yogyakarta another nice place to live. On average, the monthly cost of living for an individual is $1,200.

5. Hue, Vietnam

Insider Monkey Score: 6.29

Expats describe a typical day in Hue, Vietnam spent practicing Vietnamese, enjoying local cuisine, and spending time with other expats and friends. On average, the monthly cost of living for an individual is $783. An additional $100 to $200 is spent for an expat health insurance policy with basic coverage.

4. Plovdiv, Bulgaria

Insider Monkey Score: 6.29

Expats enjoy living in Plovdiv because of its safety and affordability. An individual expat can live a comfortable life at $1,200 per month.

3. Nha Trang, Vietnam

Insider Monkey Score: 6.43

The coastal resort city of Nha Trang is home to an estimated 4,000 expats from around the world. From beaches and diving sites to numerous restaurants and hotels, the city is an ideal place to live. On average, the monthly cost of living for an individual retiree is $971.

2. Mui Ne, Vietnam

Insider Monkey Score: 6.71

Revered for its scenic beauty, affordable living, and relaxed pace of life, Mui Ne is another cheap and safe destination to retire to. The monthly cost of living for an individual is $733, and an additional $150 is spent on health insurance policy.

1. Skopje, North Macedonia

Insider Monkey Score: 7.29

Safe, affordable, and home to an English-speaking expat community, Skopje in North Macedonia ticks all our boxes for an ideal living. There are lots of parks and green spaces, beautiful landscapes, and plentiful recreational activities. On average, the monthly cost of living for an individual expat is $1,250. This monthly cost also encompasses international healthcare insurance.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 25 Best Cities Where You Can Retire On $1,500 A Month and 17 Best Places to Retire in Europe for English Speakers.