1. Alicante, Spain
Alicante is a city that has mastered the art of frugal living.
They’ve done it without sacrificing any beauty or quality of living.
It’s a beach city on Spain’s Costa Blanca and is famous for its
wonderful climate, great food, stellar entertainment, relaxing lifestyle
and lack of significant tourism. It’s a place that won’t disappoint.
Renting a one bedroom apartment in the city’s center runs you about $550
a month. Public transit is around $40 a month. A good bottle of wine is
$5 and a good domestic beer is a dollar. Spain’s minimum wage is $5.82
an hour.
2. Mendoza, Argentina
Right smack in the heart of Argentina’s wine country is the beautiful
city of Mendoza. The local economy is strong and there is much demand
for fresh, new businesses. If you’re looking to start a business,
Mendoza is the place to do it. A one bedroom apartment in the city’s
center runs you about $380 a month. To buy a one bedroom apartment is
about $60,000. A good bottle of wine is $4 and a good bottle of domestic
beer is $1.40. Argentina’s minimum wage is $8.35 an hour.
3. Bali, Indonesia
This is a low-cost living heaven located in Asia. Bali has a hopping
nightlife, vibrant tourism economy, and is a great place to set up shop.
Rent on a one bedroom apartment in the city’s center is $300 a month. A
good bottle of wine is $12 and a good bottle of domestic beer is $1.60.
Minimum wage is $1.20 an hour.
4. Chiang Mai, Thailand
Chiang Mai has one of the nicest climates in all of Asia. It’s a
mountain town rich in culture, good food, and friendly neighbors. It’s a
place where you can make your dollar stretch pretty far too. A one
bedroom apartment in the city’s center is $250 a month, a good bottle of
wine is $13 and a good domestic beer is $1.30. Thailand’s minimum wage
is $2.87 an hour.
5. Corozal, Belize
This is the city for folks who want to kick back and relax. It’s a
hot spot for meditation and yoga, has beautiful beaches, delicious
restaurants, and it’s very affordable. A one bedroom apartment in the
city’s center runs you $190 a month. Buying a two bedroom apartment
costs around $115,000. A good bottle of wine is $12 and a good domestic
beer is $1.50. The minimum wage in Belize is $2.92.
6. Puerto Vallarta, Mexico
Mexico has many little gems of places to live on the cheap, but
Vallarta beats them all in my book. It’s naturally beautiful, very
romantic, but has heavy tourism. Renting a one bedroom apartment in the
city center costs $450 a month. Buying a traditional townhouse costs
$55,000. A good bottle of wine is $7.50. A good domestic beer is $1.25.
And the tequila is dirt cheap. Mexico’s minimum wage is $.89 an hour.
Good luck.
7. Ojen, Spain
Back to Spain! Ojen has multimillion dollar villas and also
incredibly affordable living. Renting a one bedroom apartment in the
city’s center runs you $330 a month. A traditional townhouse costs
$100,000. A good bottle of wine is just $4 and a good domestic beer is
$1.25. Spain’s minimum wage is $5.82 an hour.
These cities are beautiful, fun, and affordable! Each one brings its
residents something a little bit new and exotic. Have you visited or
lived in any of these cities? Let’s hear about it in the comments below!
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