1. India
Cost of living index: 27.48
At the very top of our list, we have India, the emerging economic giant of Asia. India has a diverse and colorful culture that attracts a lot of visitors from all four corners of the world. When it comes to education, the highest ranking University from India is the Indian Institute of Science (IISc), which holds the 152nd position in the world ranking, and there are several universities that hold a world ranking as well. As you can see, it is the cheapest country to live in our list as well.
This wraps it up for our list of cheapest countries to live and study, now go out and explore the world.