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6 Cheapest Places to Live in South America

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Are you looking for the cheapest places to live in South America? South America is a great alternative for retirees who are on a tight budget. They can improve their living standards significantly by moving to one of the cheapest cities in South America. From Venezuela to Argentina, we’ve covered the cities where you could easily live on a budget, or at least, with a minimum wage job.

We know that moving to a different place could be a very big deal. If it’s some other state within the US, then you’ll have to deal with new people, new neighborhood. If you have kids, then you should add a new school, new friends for your children, and more. However, if we are talking about a new country altogether, then the experience is a little bit more complicated than “just moving”: you’ll be facing a new culture, probably a new language, new rules, new weather!

Hey, this is not exactly a bad thing though. Going through all that can be very exciting: it’s going to be tough, but the results are definitely worth it. Especially if where you’re moving to one of the cheapest places to live in South America! Trust me on this: you’ll never find people friendlier, more loving, caring or fun than in the great and warm Latin America.

In this list we’re going to help you find the best place to live, if you’re looking for both comfort and good price. Nevertheless, we know that sometimes there’s a little extra money that you worked hard to get, and probably want to spend living in a luxurious place, why not? If you’re curious about that information, then don’t miss our Top 15 Most Expensive Countries in the World – 2014. This is not about South America anymore, but you’ll be sure to find the most amazing places to spend your days in.

Now, not all places are the same. In South America, we have it all: great cities, amazing beaches and the best snowy areas, such as Bariloche in south Argentina. The price range varies within each country, but we have very good options for you to either backpack through the whole continent, or stay in just one place for a couple of years.

Let’s see what these places have to offer: let the countdown begin!


6. Argentina – Buenos Aires

You can’t say you’ve visited South America until you stay in Buenos Aires. An eclectic city with great nightlife and beautiful parks for day time, it’s the real “city that never sleeps”. Although, the prices are not as affordable as some other places, you can definitely stay here for 50$ a day. And if you are interested in some other (but more expensive) recreational sites, don’t miss the Patagonia: Bariloche, San Martin de los Andes, El Calafate, and so on.

Buenos Aires

5. Colombia – Medellín

Enjoy your stay in Medellín, a fabulous place that not only offers the thrill of the city, but it also has a lot of places to visit, such as a water park, botanical gardens and The Metrocable (a cable car that will provide your with the best views of the city while enjoying some coffe or a meal).


Still interested in finding the Cheapest Places to Live in South America? Keep reading, we have 4 more to go!

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