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Subtitled “How to prosper on less money in the cheapest places to live,” it’s a comprehensive guide to the why, how, and where on moving abroad to cut your expenses in half.There you’ll find more detailed info on the cheapest places to retire around the world, as well as the best places for location independent digital nomads, business owners, and families.And yes, in any of the countries outlined below, you can easily cut your monthly expenses by 50% without trying very hard.
The weather is nice all year round apart from some rain for a few months.
You need that money from elsewhere to get the full effect of this though, so it’s best to use a service like Xoom unless you will be bringing in a briefcase full of cash on a regular basis.
that’s because while the official exchange rate may be 8.6 or so, the “blue rate” you get on the street is currently around 13.
Eventually prices will creep up, especially for anything imported or using imported ingredients.
The main reason you can live a half-price life in Mexico though is because of drastically lower rents, local food prices, and labor costs. I’ve posted before on what it costs me and my family to live in Guanajuato, Mexico.