One of the ways people are getting out of the rat race is by lowering expenses. Some might say its all about working smarter as opposed to harder. Many people are branching out into the world to live in places that cost less. You can still enjoy all of life’s pleasures, you just pay much less for it.
Moving from Vancouver, Canada to Chiang Mai Thailand will save you about $2,000 per month with similar lifestyles. While you might not enjoy the beach in the North of Thailand, there are plenty of mountain ranges and nature. There are elephants and perpetual sunshine. The cities both boast cultural events, art galleries, food of all kinds, and a relaxed vibe.
Sometimes, it’s not about working towards a raise at your current place of employment. To make more money, sometimes you have to think outside of the box. Imagine where you could live if you had more money? Why do that when you can go live in those places for less money and do it like a king. The wealthy country that you reside in is costing you a fortune for even a minimalist lifestyle.
How does living for less than $2000 sound? Some offer tax breaks while some have big exchange rate benefits. Here is where you can live like a king for much less.
1 Granada, Nicaragua
Among the countries in Central America, Nicaragua has the lowest cost of living. Sure, there are problems and one of those include poverty. It doesn’t mean that it isn’t a great place to be. There is a large group of expats living all over Nicaragua and they love it largely due to the kindness of people and it’s unspoiled-by-tourism charm.
Granada itself boasts incredible scenery and stunning architecture. There are colonial style buildings throughout the city. Although Nicaragua itself isn’t considered the safest country, places like Granada tend to be quite safe. People watch out for each other and there isn’t such a high crime rate.
One couple moved from the States to Granada and bought a 160 year old colonial house with a sprawling patio for the price of what you’d pay for an apartment back home. They opened up an art studio and gallery. They are close to the city and within walking distance so there’s no need for a car. Keeping life simple and costs low is allowing expats to have very little concern about money. Vendors come to your door selling produce and other essentials.
The prices for all aspects of living such as going out to eat, groceries, utility bills is all very low. There is still local culture and entertainment which adds an element of value to living in Granada. Also, it’s only an hour and a half from the beach. It costs about $1,000 US monthly to live in Granada.