When people talk about moving abroad, the first question often asked is: what’s the cost of living?
It’s a fair question — but the truth is, “cost of living” is more than a list of expenses. It’s the rhythm of daily life, the compromises you make, and the opportunities you gain. A monthly budget in Spain or Thailand doesn’t just buy rent and groceries; it buys a way of living.
Cost of living is not just about cheaper rent or affordable dining. In Southern Europe, the local market trip isn’t simply less expensive than in London or New York — it’s fresher, healthier, and often more social. In Thailand or Mexico, dining out becomes a daily habit rather than a luxury. And in Dubai, where everyday costs are higher, what you get in return is a seamless infrastructure, modern amenities, and a global hub at your doorstep.
Every destination tells a different story.
Different people notice different costs. Families with children will look first at education and healthcare. Retirees care about medical access, security, and daily comfort. Digital nomads focus on internet reliability and transport.
Choosing where to live abroad isn’t only about affordability — it’s about finding a place where your priorities are supported without financial stress.
When weighing cost of living, it’s easy to stop at rent and bills. But the hidden layers often matter more:
Healthcare: Some destinations have subsidised public systems; others depend on private insurance.
Transport: Owning a car adds fuel and insurance, while reliable metro systems slash costs and hassle.
Leisure: How much does it cost to enjoy life? A country where concerts, sport, or dining out are accessible may feel richer, even if housing is pricier.
Community fees: In resort complexes or gated communities, service charges can be a surprise line item.
Affordability is always relative. For a UK or US pensioner, Portugal may feel comfortably inexpensive. For locals earning local wages, the same Lisbon flat might seem unaffordable.
A city can feel cheap compared to London but expensive compared to a nearby town. A beachfront apartment in Mexico may look like a bargain in dollars, but for locals priced out of the market, it tells a different story.
Cost of living is never fixed. Currency changes, global inflation, and government policy can swing affordability dramatically. A “cheap” destination today may not be tomorrow, while emerging regions often become attractive when infrastructure improves or new visas make staying longer easier.
Ultimately, cost of living abroad is a balance. A destination might save you money but offer limited services. Another might cost more but deliver safety, healthcare, and connectivity worth paying for.
The key is finding the sweet spot where financial comfort meets the lifestyle you want.
Now let’s look at six key destinations, with figures sourced from the latest 2024–2025 data.
Lifestyle first, numbers second. Affordability is as much about experience as cost.
Priorities matter. Healthcare, housing, food, and leisure vary by destination.
Affordability is relative. Expats with foreign income often live more comfortably than locals.
Global shifts can change the picture. Always update research before relocating.
The real cost of living abroad isn’t just what you spend — it’s the life you create with what you have.
📧 elly@internationalpropertyalerts.com
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