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50 Countries With a Cheaper Cost of Living Than the US



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Currently, the average monthly cost of living in the United States is $2,433 — an amount that’s rather easy for some but rather difficult for others to afford. Indeed, one in three American households feel financially insecure, per a report from LendingTree. Many might actually find it more affordable to live abroad, in one of the many countries with a lower cost of living than America.
Recently, World Population Review compiled a list of the cheapest countries to live in 2025, and from that list GOBankingRates selected the 50 countries with a lower monthly cost of living than America — all as a means to create a handy guide for affordable living outside of America in 2025.
Looking for a place in Europe to kick up your feet for less than $2,433? Dreaming about retiring in Australia for less than that amount? Check out 50 countries with cheaper cost of living than America.
Liechtenstein
- Monthly cost of living (USD): $2,315
- Population: 39,850
Bahamas
- Monthly cost of living (USD): $2,295
- Population: 339,440
Australia
- Monthly cost of living (USD): $2,293
- Population: 26,660,000
Luxembourg
- Monthly cost of living (USD): $2,200
- Population: 666,430
United Kingdom
- Monthly cost of living (USD): $2,183
- Population: 68,350,000
Vanuatu
- Monthly cost of living (USD): $2,066
- Population: 320,409
Canada
- Monthly cost of living (USD): $2,042
- Population: 40,100,00
New Zealand
- Monthly cost of living (USD): $1,950
- Population: 5,223,000
Netherlands
- Monthly cost of living (USD): $1,945
- Population: 17,880,000
Norway
- Monthly cost of living (USD): $1,924
- Population: 5,520,000
Denmark
- Monthly cost of living (USD): $1,923
- Population: 5,947,000
United Arab Emirates
- Monthly cost of living (USD): $1,906
- Population: 10,480,000
Qatar
- Monthly cost of living (USD): $1,870
- Population: 2,656,000
Israel
- Monthly cost of living (USD): $1,838
- Population: 9,757,000 million
Austria
- Monthly cost of living (USD): $1,743
- Population: 9,132,000
Turkmenistan
- Monthly cost of living (USD): $1,668
- Population: 7,364,000
Seychelles
- Monthly cost of living (USD): $1,608
- Population: 119,773
Andorra
- Monthly cost of living (USD): $1,600
- Population: 80,856
North Korea
- Monthly cost of living (USD): $1,592
- Population: 26,420,000
Germany
- Monthly cost of living (USD): $1,581
- Population: 83,280,000
Sweden
- Monthly cost of living (USD): $1,578
- Population: 10,540,000
France
- Monthly cost of living (USD): $1,542
- Population: 68,290,000
Belgium
- Monthly cost of living (USD): $1,540
- Population: 11,790,000
Finland
- Monthly cost of living (USD): $1,537
- Population: 5,584,000
Cyprus
- Monthly cost of living (USD): $1,531
- Population: 1,345,000
Malta
- Monthly cost of living (USD): $1,504
- Population: 552,747
Solomon Islands
- Monthly cost of living (USD): $1,425
- Population: 800,005
Italy
- Monthly cost of living (USD): $1,423
- Population: 58,990,000
Kuwait
- Monthly cost of living (USD): $1,423
- Population: 4,853,000
Curacao
- Monthly cost of living (USD): $1,385
- Population: 147,862
Spain
- Monthly cost of living (USD): $1,383
- Population: 48,350,000
Barbados
- Monthly cost of living (USD): $1,352
- Population: 282,336
Cuba
- Monthly cost of living (USD): $1,347
- Population: 11,020,000
Bahrain
- Monthly cost of living (USD): $1,334
- Population: 1,577,000
Marshall Islands
- Monthly cost of living (USD): $1,316
- Population: 38,827
Slovenia
- Monthly cost of living (USD): $1,299
- Population: 2,120,000
Portugal
- Monthly cost of living (USD): $1,286
- Population: 10,580,000
Maldives
- Monthly cost of living (USD): $1,263
- Population: 525,994
Saudi Arabia
- Monthly cost of living (USD): $1,244
- Population: 33,260,000
Laos
- Monthly cost of living (USD): $1,228
- Population: 7,665,000
San Marino
- Monthly cost of living (USD): $1,228
- Population: 33,860
St. Kitts and Nevis
- Monthly cost of living (USD): $1,212
- Population: 46,758
Estonia
- Monthly cost of living (USD): $1,204
- Population: 1,370,000
Uruguay
- Monthly cost of living (USD): $1,202
- Population: 3,388,000
Czech Republic
- Monthly cost of living (USD): $1,199
- Population: 10,860,000
Panama
- Monthly cost of living (USD): $1,198
- Population: 4,459,000
Trinidad and Tobago
- Monthly cost of living (USD): $1,171
- Population: 1,368,000
Palau
- Monthly cost of living (USD): $1,162
- Population: 17,727
Costa Rica
- Monthly cost of living (USD): $1,156
- Population: 5,106,000
Greece
- Monthly cost of living (USD): $1,146
- Population: 10,410,00
Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed.
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