Explore the cheapest countries to live in, by the World Bank's price level against the US, with tax, residency and safety.
Ranked by the World Bank's price level, everyday prices against the US, only among countries whose US travel advice is Level 1 or 2.
The countries
How it sorts: each thing you pick scores every country from 0 to 1 (live for less: the World Bank's price level against the US; lower tax: no income tax or a territorial system first, then remittance, then a worldwide system by its top rate; easy residency: open nomad, freelancer, passive income or retirement visas; fast citizenship: fewer years to naturalize, less if dual citizenship isn't allowed; start a company: a low corporate tax; fast internet: M-Lab's median download, from 5 Mbps (empty) to 150 Mbps (full) on a log scale; safe: the US travel advice, with Levels 1 and 2 both counting as everyday travel; visa-free on my passport: your passport's rule for the country), and the countries sort by the average. With nothing picked, it's a balance of cost, tax, residency and safety.
Prices: the World Bank's purchasing power conversion factor over the exchange rate (WDI, CC BY 4.0). Tax: the territorial tax map's classification and each country's rates. Citizenship and residency: official immigration sources in the visa finders' tables. Safety: the US State Department's advisories, read 2026-09-29. Internet: M-Lab's open speed tests over the last 12 months. Videos and photos from Pexels, Coverr, Pixabay and Wikimedia Commons, credited on each country.
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Where does your money go furthest?
Ranked by the World Bank's price level, everyday prices against the US, only among countries whose US travel advice is Level 1 or 2.
In this guide, I'll show you:
- The top 15 countries, and why each ranks where it does
- How the ranking works
- More ways to compare countries
Open any country for its full guide, with visas for your passport, tax and costs.
Key takeaways
Cheapest Countries to Live In: the ranking
- Egypt – about 15% of US prices, territorial tax
- Laos – about 23% of US prices
- Bhutan – about 23% of US prices, territorial tax
- India – about 23% of US prices
- Bulgaria – about 23% of US prices
- Sierra Leone – about 24% of US prices
- Nepal – about 24% of US prices
- Gambia – about 25% of US prices
- Sri Lanka – about 27% of US prices
- Tajikistan – about 28% of US prices
- Timor-Leste – about 28% of US prices
- Indonesia – about 29% of US prices
- Vietnam – about 29% of US prices
- Uzbekistan – about 29% of US prices
- Tunisia – about 30% of US prices
How the ranking works
How it sorts: each thing you pick scores every country from 0 to 1 (live for less: the World Bank's price level against the US; lower tax: no income tax or a territorial system first, then remittance, then a worldwide system by its top rate; easy residency: open nomad, freelancer, passive income or retirement visas; fast citizenship: fewer years to naturalize, less if dual citizenship isn't allowed; start a company: a low corporate tax; fast internet: M-Lab's median download, from 5 Mbps (empty) to 150 Mbps (full) on a log scale; safe: the US travel advice, with Levels 1 and 2 both counting as everyday travel; visa-free on my passport: your passport's rule for the country), and the countries sort by the average. With nothing picked, it's a balance of cost, tax, residency and safety.
More ways to compare countries
Cheapest countries to live in FAQs
Questions about it? Here's what to know.
By the World Bank's price level, the countries at the top of the list.
Rent in the biggest cities can be higher than the national level suggests.
It's the World Bank's purchasing power conversion factor divided by the exchange rate.
100% means US prices; 40% means everyday things cost about 40% of what they do in the US.
I've lived in Cambodia, Colombia, Indonesia, Malaysia, Malta, Mexico, Norway, Portugal, Serbia, Spain, Sweden, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela and Vietnam.
I'm a permanent resident of Panama, my home base.
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