If you are planning to move abroad or work remotely, the cost of living is one of the most important factors to consider. Around the world, several countries offer very low rent, cheap food, and affordable transport compared to Western nations.
In many of these countries, a person can live comfortably on a modest monthly budget. However, low costs often come with challenges such as limited infrastructure, lower income levels, political instability, or weaker healthcare systems.
Here are the 10 cheapest countries to live in 2026:
1. Vietnam
Vietnam is frequently ranked among the most affordable countries in the world. Rent, street food, and public transport are inexpensive, making it popular with expats and digital nomads. Cities like Ho Chi Minh City and Hanoi offer modern amenities at relatively low costs.
2. Pakistan
Pakistan has low housing and food costs, especially outside major cities such as Karachi and Lahore. Daily essentials and local transportation remain affordable for residents.
3. Afghanistan
Afghanistan has extremely low living costs due to economic conditions. However, serious safety concerns and limited infrastructure make it difficult for foreigners to live there long term.
4. Libya
Libya offers low rent and daily expenses. However, political instability and security issues significantly affect quality of life and foreign residency options.
5. Egypt
Egypt is known for affordable housing, food, and public transportation. Cities like Cairo provide relatively low monthly expenses compared to Europe or North America.
6. Bangladesh
Bangladesh has low accommodation and food prices. Living costs are especially affordable in smaller cities, though average incomes are also lower.
7. Madagascar
Madagascar offers cheap housing and food. However, infrastructure and healthcare facilities are limited compared to developed countries.
8. India
India ranks eighth on the list. The country offers affordable rent, low-cost public transport, and inexpensive local food. However, living costs vary widely depending on the city and lifestyle. Metro cities like Mumbai, Delhi, and Bengaluru are more expensive than smaller towns.
9. Nepal
Nepal has low rent and affordable daily expenses. Kathmandu is popular among budget travelers and remote workers looking for low living costs.
10. Syria
Syria has very low living expenses due to economic challenges. However, ongoing instability and security concerns make it unsuitable for long-term residence for most foreigners.
What This Means
While these countries offer low living costs, affordability alone does not determine quality of life. Factors such as safety, healthcare, job opportunities, infrastructure, and political stability are equally important when choosing where to live.
India remains one of the most affordable large economies in the world, especially for locals earning in Indian currency. However, the final cost of living depends greatly on personal lifestyle and location.