In 25 countries where you get the most for your money/American dollar, we chose the currency of US dollars for many reasons and one of them is because the USA is pretty much dominating the world market, thus making the currency fluctuations minimal. All in all, a dollar sign is recognizable practically everywhere and stands for what is recognized as a worthy currency.
Now, when you talk about countries where you get the best value for your money, the question which arises is what exactly you can get for it? This is usually what most websites are focused on, and they do various comparisons based on what you can get for one dollar, in which country do you get the most if you’re a tourist, how much a US dollar is worth compared to the local currency, etc.
Our article will raise this topic to a whole different level and provide you with the most satisfying and detailed answer. We are not going to bore you with how many loaves of bread or beers you can buy in a certain country and compare them to the US situation. The list we constructed is based on the data from Global Property Guide. Now, don’t worry, we did not do research about the houses and real estates. Instead, our attention was on currencies and values across the continents. The cost of living indicator is a figure showing how much one dollar value goods that could be bought in the US would cost in a specific country. For instance, if it costs you a dollar to buy a small coffee at McDonald’s, in some other country it would cost you 30 cents. If you want to move somewhere where you can live like you always wanted, you should check our list of 10 cheapest countries to live like a king you are. The countries we listed are in ascending order according to the cost of living indicator, and the last one will give you the best value for your money. Therefore, our first criterion is a cost of living indicator.
Secondly, there were cases when the indicator was the same for several countries. That’s exactly why we checked the CIA’s World Factbook with all the countries in the world and their gross national product per capita (GDP). The state of GDP shows the actual economic state. If two or more countries had the same indicator, we listed them according to the lower GDP. The worse the economy is, the more you are to get for your dollar. Now, most of our countries are situated in the African continent, but if you are planning to retire somewhere in Europe, we recommend you to check our list of 11 cheapest countries to retire in Europe.
As for the current currency rates, we used the information from XE. Occasionally, we gave suggestions what you could spend your money on having in mind what a country is famous for. Now let us take a closer look at the countries where you get the most for your money/American dollar.