Are you eager to find out which countries with the lowest cost of living in South America are nice to live in? If you are considering moving to a new city or new country in South America, you need to do some research about your chosen state.
South America is a huge continent that is situated mostly in the Southern Hemisphere with a usual tropical climate. It takes pride of its wonderful places, longest peak, highest continuous waterfalls, largest river and rainforest. There are many things to do in South America, like exploring the increasing demand for its wine scene and other Archaeological and Religious wonders; watch and join the exciting and magical Carnival and Samba shows; hike and climb its vast landscapes or just get lost and mesmerized with its untouched rainforest.
Wow! Those are amazing things to do that encourages travelers to live and permanently stay in one of the cities of South America. But then, you wonder…how much does it cost to live in South America? With a tight budget, which countries with the lowest cost of living in South America should I stay and still enjoy the very rich history and enormous cultural diversity?
The cost of living in South America depends on where you want to stay and live. Check out our article about the top 10 travel destinations in South America for some handy travel tips and guides to help you decide where you want to stay. But the list will not necessarily mean that those are cheap places to live in South America. If you chose to live in big and major cities like Argentina, Buenos Aires and Uruguay you need to have a huge budget to live in these high-priced areas.
The following countries stated below are some countries in South America that have the lowest cost of living. We all know that traveling can be really costly nowadays. But the best method to have a low-cost stay is to bind you to one place at a longer time. Enjoy the place and learn some local languages and to live like locals. These way locals won’t charge you like they charge some tourists. It is also a fantastic way to meet other people and make friends.
Remember, choosing to live in the mainland will require you to have extra financial preparations. Now let us check the countries that have the lowest cost of living in South America for a more affordable place to live in with the best value for your money.
6. Brazil
One of the most attended tourist destinations in South America, Brazil has become known for its low cost of living with only at least US$900. However, groceries, food, and other leisure are fairly priced. Take note, Brazil has all those perks with them, they have the beaches, mountains, lakes, opportunities and other relaxing places around them. A majority would not make the people in attendance pay, but it’s still the best if you’re looking up for real perks. Brazilians are also known for their attitude of having the party spirit, there’s always a party around the cities especially in Rio de Janeiro and Sao Paolo. Actively being well-known for their frequent participation in sports festivities like football and basketball, at the same time this is where the party scene emerges. When there’s a win, there’s always a reason to celebrate.
5. Peru
Peru is one of the places in South America where peace is at its finest. The cost of living in the nation’s capital of Lima costs around US$900-1,000. Low cost of rent, however, along with spending relaxation time with friends and meals are remarkably low and most basic necessities are always enough for at least two to three people in other places near the city like Huanchaco.
4. Ecuador
Small towns and hot spots in the country are always in low-cost ventures. Cotacachi and the city of Loja are often the hideouts of most residents and tourists visiting the country, preferably having those scenic and rare locations where nature is given a lot of attention. Probably one of the best places in the world where retirement can be suited to be the best place available since that most retired people just want to enjoy the life they’ve always wanted.
3. Bolivia
Having US$800 only in your pockets and you’re planning time to unwind? Bolivia has something to offer. It might be the only country in the region to offer at least having US$800 for a living, with low-cost hotels and picturesque beaches and scenery; it will definitely win the hearts of backpackers.
2. Chile
Chile is known for its hospitality for foreigners. Well, not only the prosperity revolves around foreigners but also revolves around the spirit of each Chilean. The cost of living might be just fairly priced, but the cost of housing is not that expensive as it seems. At least US$800 can go for a new condo.
Now pack your stuff, grab your bag and let’s fly to the country with the lowest cost of living in South America which is…
1. Colombia
Our pick for the country with the lowest cost of living in South America is Colombia. It is one of the best places to retire in the world too for the cheap price it offers to the immigrants. Colombia strives to get out of poverty by letting the rest of the world see that they are progressing. Civic pride and love for their homeland perhaps is one of the keys of retaining tourists to come back for more of Colombia has to offer. As a developing country, Colombia still has something more to offer for the next few years and will definitely remain on the top where it should be.
