12. Honduras
Cost of living index: 47.40
Most expats have made the move to Honduras, the next one in our list of cheapest places to live in the world on the beach, because of the great tropical climate, amazing beaches, and their very low cost of living rates. According to Expat Intelligence, the place also has cheap real estate prices, perfect when you want to settle in there for your retirement. It is also said to be a very easy country to move into, as the immigration process is not as complicated as when you want to go to other places.
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