In 25 countries where you get the most for your money/American dollar, we chose the currency of US dollars for many reasons and one of them is because the USA is pretty much dominating the world market, thus making the currency fluctuations minimal. All in all, a dollar sign is recognizable practically everywhere and stands for what is recognized as a worthy currency.
Now, when you talk about countries where you get the best value for your money, the question which arises is what exactly you can get for it? This is usually what most websites are focused on, and they do various comparisons based on what you can get for one dollar, in which country do you get the most if you’re a tourist, how much a US dollar is worth compared to the local currency, etc.
Our article will raise this topic to a whole different level and provide you with the most satisfying and detailed answer. We are not going to bore you with how many loaves of bread or beers you can buy in a certain country and compare them to the US situation. The list we constructed is based on the data from Global Property Guide. Now, don’t worry, we did not do research about the houses and real estates. Instead, our attention was on currencies and values across the continents. The cost of living indicator is a figure showing how much one dollar value goods that could be bought in the US would cost in a specific country. For instance, if it costs you a dollar to buy a small coffee at McDonald’s, in some other country it would cost you 30 cents. If you want to move somewhere where you can live like you always wanted, you should check our list of 10 cheapest countries to live like a king you are. The countries we listed are in ascending order according to the cost of living indicator, and the last one will give you the best value for your money. Therefore, our first criterion is a cost of living indicator.
Secondly, there were cases when the indicator was the same for several countries. That’s exactly why we checked the CIA’s World Factbook with all the countries in the world and their gross national product per capita (GDP). The state of GDP shows the actual economic state. If two or more countries had the same indicator, we listed them according to the lower GDP. The worse the economy is, the more you are to get for your dollar. Now, most of our countries are situated in the African continent, but if you are planning to retire somewhere in Europe, we recommend you to check our list of 11 cheapest countries to retire in Europe.
As for the current currency rates, we used the information from XE. Occasionally, we gave suggestions what you could spend your money on having in mind what a country is famous for. Now let us take a closer look at the countries where you get the most for your money/American dollar.
25. Ghana
Cost of living indicator: $0.33
Until a few years ago the Ghana might not have been on our list, but the economic growth has stagnated for a while, and naturally, the American currency got stronger.
24. Cambodia
Cost of living indicator: $0.33
One Cambodian riel is 0.00025 US dollars. It might be worth visiting. And this is just the beginning of our list.
23. Kyrgyzstan
Cost of living indicator: $0.33
One dollar is approximately 70 Kyrgyzstan soms. Don’t worry; it should be good enough.
22. Tanzania
Cost of living indicator: $0.33
If you are into national parks and beautiful nature, you will probably be spending your money here. You have to admit; the ratio isn’t that bad.
21. Tajikistan
Cost of living indicator: $0.33
The currency is TJS or Tajikistan Somoni, and they prefer to change it into dollars.
20. Azerbaijan
Cost of living indicator: $0.32
A bit better than its predecessor on the list of our list where you can get the most for your money’s worth. In this country it would pay off to buy carpets at a very low price. To get even better deal, keep on reading.
19. Belarus
Cost of living indicator: $0.32
Apparently, clothing is very moderately priced here, so that and the combination of favorable currency ratio are good reasons for traveling here.
18. Mongolia
Cost of living indicator: $0.32
Mongolia is one of the countries where you can get the best value for your dollar in the world, and if you happen to plan your trip to this country, make sure you buy some cashmere.
17. Afghanistan
Cost of living indicator: $0.32
Afganis is the currency, and the people are Afghans, and if you didn’t know what are the countries where you get the most for your money/American dollar are, now you know that Afghanistan is one of them.
16. Iraq
Cost of living indicator: $0.31
Not a very popular destination nowadays for many reasons but it is still a beautiful country, and if you plan to visit it or even move here, American currency will get you far.
15. Egypt
Cost of living indicator: $0.31
You can visit one of the world’s wonders and not think about expenses too much. Lovely, isn’t it?
14. Malawi
Cost of living indicator: $0.31
A small African country, that ranks 14th on the list of countries where you get the most for your money/American dollar, whose economy will make sure you get more than you hoped.
13. Mauritania
Cost of living indicator: $0.30
Currently, one Mauritanian Ouguiya equals 0.0028 US dollar. Sounds appealing, doesn’t it?
12. Indonesia
Cost of living indicator: $0.30
We mentioned coffee before. If you wish to taste the world’s most expensive coffee, this is the place to do it since its price should be the lowest right here.
11. Nepal
Cost of living indicator: $0.30
Since most of the Himalayas is in this country, we can say this one offers you the greatest deal if you enjoy alpinism.
10. Uganda
Cost of living indicator: $0.30
Go to Uganda, that ranks 10th on the list of countries where you get the most for your money/American dollar if you wish to experience one of the cheapest safari. Here you will not only get the best value for the US dollar, but you will also get tons of unforgettable memories, and that is priceless.
9. Congo
Cost of living indicator: $0.30
You can get a lot of Congolese francs for one dollar. The official language is French, and the prices are extremely low.
8. Pakistan
Cost of living indicator: $0.29
The land of Malala Yousafzai, a Nobel Prize winner for peace, is a good destination for spending dollars. It is no wonder why Pakistan made its way on our list of countries where you get the most for your money/American dollar.
7. Madagascar
Cost of living indicator: $0.27
Madagascar is an island country near Africa. If you love nature and animals, this is the place for you since its wildlife is amazing. On the bright side, spending time there will be extremely affordable.
6. Gambia
Cost of living indicator: $0.27
We are continuing our list of countries where you get the most for your money/American dollar with Gambia, not Zambia. If you want to travel somewhere where you can enjoy the natural scenery, but your budget is tight, this country will give you the best value for your money, but make sure you go to the right country.
5. Algeria
Cost of living indicator: $0.29
The largest country in Africa promises you will get your money’s worth, and even more than you expected.
4. Iran
Cost of living indicator: $0.28
If you are looking for a beautiful, handmade carpet which won’t cost you a fortune, make sure you visit Iran that ranks 4th on our list of countries where you get the most for your money/American dollar.
3. Ukraine
Cost of living indicator: $0.27
Here is a bit of Europe on our list of countries where you get the most for your money/American dollar. Having Ukraine this high at the top shows the country is struggling. About 26 Ukrainian Hryvnias make one dollar.
2. India
Cost of living indicator: $0.26
Good news: your bill for a big meal in a local restaurant will be minimal compared to what you would pay in the US meaning this is the best time to pack a bag and explore the beauty of India.
1. Myanmar (Burma)
Cost of living indicator: $0.22
Here is the best out of 25 countries where you get the most for your money/American dollar. Perhaps you have heard of Burma, but you should also keep in mind that they changed the name to Myanmar and prefer to be called that way. Apart from being super affordable, we also recommend it for one more reason – its beauty is breathtaking. Myanmar is a very popular tourist destination so pack a bag, book a ticket and go find out why!