7 Best Places In The World To Live Rich Without Much Money
Who says you need a hefty bank account to live like royalty? Around the world, there are stunning destinations where the cost of living is surprisingly low, yet the quality of life is exceptionally high. Whether you dream of beachside bliss, a vibrant cultural scene, or serene mountain retreats, these seven places let you stretch your budget while living in style.
1. Chiang Mai, Thailand
Nestled in the mountainous region of northern Thailand, Chiang Mai offers a perfect blend of affordability and modern conveniences. You can rent a comfortable apartment for as little as $300 a month and enjoy gourmet meals for under $5. With its vibrant street markets, serene temples, and thriving expat community, Chiang Mai makes it easy to enjoy life on a budget. Add to that affordable healthcare and a warm, welcoming culture, and it’s no wonder this city is a favorite for digital nomads and retirees alike.
2. Medellín, Colombia
Once overshadowed by its past, Medellín has transformed into one of the most livable cities in South America. Known as the “City of Eternal Spring” for its pleasant climate, Medellín boasts affordable housing, reliable public transport, and a thriving cultural scene. Monthly living expenses can range between $800 and $1,200, allowing you to enjoy a high standard of living without breaking the bank.
3. Lisbon, Portugal
Portugal’s capital combines old-world charm with modern conveniences, all at a relatively low cost compared to other European cities. While it’s not as cheap as some Asian or South American destinations, Lisbon offers excellent value for money. You can live comfortably for about $1,500 per month, which includes enjoying delicious Portuguese cuisine, scenic tram rides, and the city’s vibrant nightlife.
4. Ubud, Bali, Indonesia
Known as the cultural heart of Bali, Ubud is a haven for yoga enthusiasts, artists, and nature lovers. Living here can feel luxurious without a hefty price tag—rent for a villa with a pool can cost as little as $500 a month. Daily expenses, including food and transportation, are minimal. From lush rice terraces to vibrant art markets, Ubud offers a serene lifestyle in paradise.
5. Budapest, Hungary
If you’re drawn to Europe’s historic charm, Budapest is a fantastic option. Known for its stunning architecture, thermal baths, and vibrant arts scene, the Hungarian capital is surprisingly affordable. Monthly expenses can range from $1,000 to $1,500, and you’ll get to enjoy a city filled with culture and history. The city’s excellent public transportation system and thriving café culture add to its appeal.
6. Cuenca, Ecuador
Cuenca is a picturesque colonial city in the Andes, celebrated for its mild climate, friendly locals, and affordable cost of living. You can rent a comfortable apartment for $400 and enjoy a meal at a local restaurant for $3. Ecuador’s retiree benefits, which include discounts on transportation and healthcare, make this an ideal spot for stretching your dollars.
7. Ho Chi Minh City, Vietnam
For those who enjoy the buzz of a big city, Ho Chi Minh City offers vibrant street life, amazing food, and a very affordable cost of living. You can rent a modern apartment for under $500 and savor delicious Vietnamese cuisine for less than $2 a meal. Healthcare and transportation are also incredibly inexpensive, making it a top choice for budget-conscious travelers and expats.