Top 7 Best Countries to Live in Cheap and Safe [2024 Edition]

Imagine living in a country where the cost of living doesn't break the bank, and you can stroll down the streets feeling safe and relaxed. Sounds like a dream, right? Well, it's not just a dream. I've scoured the globe to bring you our top seven picks for countries where you can live both cheaply and safely. From the charming streets of European cities, to the vibrant landscapes of Southeast Asia, we've got some surprising and exciting destinations on our list. We'll mention the cost of living in each country and compare it. So grab your passport and let's embark on a virtual journey to explore these incredible places. You might just find your next home. And hey, don't forget to hit that like button and subscribe to our channel for more exciting content like this. Now let's get started with our countdown, and trust me, you don't want to miss our number one pick. It's a real gem. Number seven, the Czech Republic. Starting our countdown, the Czech Republic is a blend of enchanting history and modern living. It's known for its excellent healthcare, low crime rates and affordability, especially in cities beyond the popular Prague. The charm of the Czech Republic sets a high standard for safety and cost of living, paving the way to explore more of Central Europe. For a single person, the estimated monthly costs in the Czech Republic stand at around 831.4 US dollars per month, excluding rent. When it comes to accommodation, the price for a one-bedroom apartment in the city center ranges from 670 to 1120 US dollars per month. If you opt for living outside the city center, the cost can decrease to a range between 450 to 800 USD per month. The Czech Republic, with its historic cities and stunning natural landscapes, offers a quality of life that many find worth the cost. While it may be pricier than some Eastern European neighbors, it still remains more affordable than many Western European countries. Number six, Taiwan. Just a leap away in Asia, Taiwan emerges as a standout for its fusion of modernity, traditional culture and stunning landscapes. This island nation is celebrated for its safety, efficient health care and reasonable living costs, especially in terms of food and transport. For a single person, the monthly costs in Taiwan are estimated at 777.5 US dollars without rent. Taiwan's cost of living is cheaper than 46% of countries in Asia and is also lower than 60% of countries worldwide. This makes Taiwan a relatively affordable option in both a regional and global context. The prices for accommodation can vary significantly depending on the city and the area within the city. A one-bed apartment in a city center costs around 600 US dollars per month. Outside the city center, such an apartment is priced at 430 USD per month. Taiwan offers a high standard of living with modern amenities and infrastructure. The country is known for its excellent health care system, efficient public transportation and a wide range of culinary and cultural experiences. These factors combined with the cost of living make Taiwan an attractive destination for expats. Number five, Uruguay. Uruguay, a serene gem in South America, is noted for its stable politics, progressive social environment and being one of the safest regions. Affordable health care and living costs complement its relaxed lifestyle, rich with beautiful beaches and cultural vibrancy. For a single person, the estimated monthly costs are 847.1 USD without rent. This figure is significantly lower than living costs in many Western countries. For a one-bedroom apartment in the city center, the rent ranges from 460 to 800 USD, while outside the city center, it ranges from 330 to 760 USD per month. The overall cost of living in Uruguay is, on average, 24% lower than in the United States. Furthermore, rent in Uruguay is about 68.1% lower compared to the United States. This makes Uruguay an attractive destination for those looking for a more affordable living situation without sacrificing quality. Number four, Slovenia. Slovenia, a hidden European treasure, offers a captivating mix of alpine mountains and Mediterranean coastlines. It's recognized for its low crime rates and a balanced cost of living. The average cost of living for a single person in Slovenia is around 795.7 USD per month without rent. However, another source estimates this figure to be significantly higher at 2,029 USD. These variations may reflect differences in lifestyle or specific cities within Slovenia. Monthly rent for a 45-square-meter furnished studio in a normal area is around 800 USD. Slovenia's cost of living is about 29.5% lower than in the United States. However, it is considered the most expensive country in Eastern Europe. This contrast highlights Slovenia's position as an affordable destination compared to Western countries while being relatively more expensive within its region. Number three, Costa Rica. In the heart of Central America, Costa Rica is a paradise for those seeking a safe, affordable, and nature-immersed lifestyle. Famous for its Pura Vida approach, the country boasts a stable democracy, no army, and high living standards. The peaceful ethos of Costa Rica beautifully contrasts with the dynamic cultural diversity of Southeast Asia. For a single person, the estimated monthly costs range between 816.6 USD and 1,356 USD, excluding rent. These figures can vary significantly depending on the individual's lifestyle and the specific location within the country. The cost of renting a house or apartment in Costa Rica varies based on the location and type of accommodation. In the city center, a one-bedroom apartment generally costs between 400 and 700 USD per month. Moving outside the city center, the rent drops to about 300 to 500 USD per month. This cost can be a significant portion of the monthly budget, especially in more urban or tourist-favored areas. Costa Rica's cost of living is more expensive than in 75% of countries in Latin America but is cheaper than in 58% of countries worldwide. Beyond the costs, Costa Rica offers a high quality of life with its beautiful landscapes, rich biodiversity, and stable political environment. Malaysia is a melting pot of cultures, modern amenities, and natural splendors, all within an affordable living framework. English-speaking expats find it easy to adapt here thanks to the low cost of living and high safety standards. The cost of living in Malaysia is significantly lower compared to many western countries. For a single person, the monthly costs are estimated at around $472.8 without rent. Rent in Malaysia varies depending on the location and type of accommodation. For a one-bedroom apartment in the city center, the rent ranges from 220 to 640 USD, while outside the city center, it drops to about 150 to 420 USD per month. The cost of living in Malaysia is about 57.8% lower than in the United States and the rent is, on average, 82% lower. This affordability is one of the reasons Malaysia is a popular destination for expatriates and retirees from more expensive countries. Number 1. Portugal Topping the list, Portugal is the epitome of affordable European living without compromising safety. Cities like Porto and Lisbon offer a fantastic quality of life with their warm climate, rich history and friendly locals. Its low cost of living, coupled with top-notch healthcare and low crime rates, makes Portugal the ideal destination for those seeking a safe and economical haven. The cost of living in Portugal is quite affordable, especially when compared to other western European countries. For a single person, the estimated monthly costs are around 673 USD without rent. In the city center, a one-bedroom apartment typically costs around 775 USD, while outside the city center, the cost decreases to about 600 USD per month. For larger families, a three-bedroom apartment in the city center costs roughly 1,270 USD. And outside the city center, it ranges from 700 to 800 USD per month. The overall cost of living in Portugal is approximately 39.6% lower than in the United States, and rent is about 55.4% lower. This makes Portugal an attractive option for those from higher-cost countries looking for a more affordable living situation without sacrificing quality. For those considering a move abroad, these seven countries represent some of the best options where one can enjoy a comfortable and safe living experience without straining their finances. Whether you're a single professional, a retiree, or a family looking to relocate, these countries offer a blend of affordability, safety, and rich cultural experiences, making them highly desirable destinations for expatriates from all walks of life.