Home Real Estate The Cheapest Places to Live in 2022

The Cheapest Places to Live in 2022

50
The Cheapest Places to Live in 2022

Join Our Email List and be the First to Hear about Breaking News and Exciting Offers

Secure Your Spot at the Best Offshore Conference – Nomad Capitalist Live 2022 – September 21-24 in the most vibrant city in the world, Mexico City:

Check Out Our Article About Places to Live With $1,000 per Month

What are the cheapest and safest places to live in the world?

A lot of people want to know where they can live to get good value for their money without sacrificing safety.

And rightfully so. Safety and good living conditions are pretty basic human values.

In this video, Andrew shares the cheapest places to live in 2022.

00:00 Start
00:16 New Report
1:50 Living in Bermuda
2:05 The World’s Most Expensive Cities
2:44 Living in New York
3:27 Cost of Living in Norway
3:38 Cost of Living in Switzerland
4:41 Living in Hong Kong
5:09 Living In Thailand
5:24 Living in Poland
5:38 Living in Mexico
6:05 Living in Kuala Lumpur
6:28 Cost of Living in Bali
6:48 Living in Belgrade
7:15 Living in Portugal
7:31 Living in Yerevan, Armenia
8:16 Living in Dubai
9:08 Living in Oxford
9:31 Living in Colombia
10:03 Living in Pakistan

Andrew is reading this article:

Andrew Henderson and the Nomad Capitalist team are the world’s most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to “go where they’re treated best”.

Work with Andrew:

Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we’ve spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

About Andrew:
Our Website:
Subscribe:
Buy Andrew’s Book:

DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

source

50 COMMENTS

  1. 5:00 Thailand is just downright odd for the low cost of accommodation. Don't buy, rent! The Thais are obsessed with property ownership, so the market's awash with rental property. The economic crisis is so bad you can rent nice modern houses for $300 a month on Koh Samui (check out Mickey Stotch's YouTube channel). Even if you want to stay fairly central in Bangkok really nice apartments are still about $300, and if you're cheap like me there's loads of places a little further out but next to an underground station for about $200, or a bit less. Renthub is an incredible resource. You can search by MRT (underground) or BTS station.

  2. First of all rich people dont pay anywhere here the highest tax rates because of the tax loopholes that are put in place for them. Take a look at Buenos Aires Argentina a truly international city it is combination of New York City, Paris,France and Washington DC. Buenos Aires has all of the four seasons and none of the natural disasters like earthquakes or hurricanes 🌀 🤔. You can live a very comfortable lifestyle for around 1500 to 2000 dollars US. per month. I lived in Buenos Aires Argentina for over 10 years.

  3. During every downturn or period of inflation (tax) following QE (every 10 yrs), there is a flight in rich and skilled professionals to cheaper countries…. But as long as the movement in numbers is not significant, it is ok. Too much and it sadly has a negative impact on the local population who get priced out… And these same people are the most impacted by inflation (tax)…… But that is capitalism for you…. But it is not always about cost but culture and quality of the place you are going to

  4. I have watched many of your videos and find them good and valuable. However, and this comes from a friendly place, when you use Numbeo – which in my experience is highly unreliable – then your credibility suffers. Otherwise, great work. 🙂

  5. Nice video and great content please what is the best way to start cryptocurrency investments and get good profits. I've been doing my personal research for a while now and I still don't know where to start.

  6. Puerto Rico or the Canary Islands. Cape Town would be good too if it didn't have safety issues or reliable electricity. I do think the comment on living like a King or a Queen sounds good, but just remember, kings and queens live in Castles with a mount surrounding their castle, and if they are recognized in the streets without their bodyguards, they might be in trouble.

  7. My problem with Numbeo is using NYC as the baseline for comparison as NYC is extremely expensive. Still that doesn't stop me from vacationing in NYC at least once each year. I plan on retiring to Buenos Aires (the other Big Apple) at the end of 2023.

  8. BORN2GO…
    Consider: The JUST shall live by Faith 
    …not by Finance!!  
     
    Born-again go to Heaven. 
    BBB(666) do not go to Heaven. 
     
    Actually, 
    Faith, First 
    Family, Second
    Finance, Third
    Fellowship, Fourth

  9. India – 24cents to the US Dollar – India is Safe, you can get world class food ( at your door if you wanted ), have house staff and live a much royal life style if you had a US income.

  10. I’d appreciate a video that speaks to which of these places are safe for female entrepreneurs. I’ll wager that one factor changes these calculations quite a bit. Ditto if you’re a gay entrepreneur.

  11. It would be nice to see one of these cost indexes use a mid-cost city for a reference point at 100 rather than New York. Maybe Dallas or some other city. I understand New York is well known internationally; however, comparing to the most expensive U.S. city makes the comparison seem much wider.

  12. If you moving because of money?. Do not be fooled in any country. It is not so much the standard of living, it's the people in that country you live with. Think about that first. A whole different culture and language you must learn.

  13. I believe you underrated Mexico City compared to NYC. I have been to both. I spent 6 weeks in Mexico City. It is far superior to NYC. The food is much better, the people are friendlier, it is much cheaper, and it is one of the most culturally vibrant places I have ever been. The city is wriggling with life.

  14. Numbeo is good, but their lists tend to be inaccurate at the very low end. Why? Because places like Tirana, Albania, where I have my primary residence, is WAY down, say around 23 cents on the $1.00 IF you buy mostly domestic stuff. But, if you buy imports, you will not fare anyhere near as well.

    Rents are 12.5% of NYC, for example. Groceries are more expensive because much of it is from Italy and doesn't fare will with Euro to Lek conversion. However, even domestic food is only at about half the price of the U.S. It prompts jeans, for example, as Levi 501 or equivalent. However, very nice jeans out of Turkey (L C Wikiki) are less than half of the price quoted on Numbeo. Domestic jeans, which are harder to find and of lower quality, are even cheaper.

    In theory, Belgrade and Tirana are listed at almost exactly the same COL. However, rents are 8% higher in Belgrade and generally of lower quality at those rental prices. New apartments in Belgrade are very expensive compared to new apartments in Tirana. I am not finding fault with Numbeo because it is an impossible task. It depends so much upon your purchasing patterns.

LEAVE A REPLY

Please enter your comment!
Please enter your name here