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Cost of Living Comparison: Best Countries for Your Money in 2026

Country SpotlightsPasspoort Team·February 11, 2025·9 min read

One of the first questions people ask when thinking about moving abroad is: "How much does it cost to live there?" The answer varies wildly depending on the region, the city, and your lifestyle. A comfortable life in Lisbon costs half of what it costs in London. A month in Chiang Mai costs less than a week in Zurich.

Here is a region-by-region breakdown of what it actually costs to live abroad in 2026, with realistic monthly budgets for both a single person and a family of four.

How we measure cost of living

The numbers below are based on a comfortable but not luxurious lifestyle. That means:

All figures are in US dollars and represent monthly costs.

Southeast Asia

Southeast Asia remains the most affordable region for expats in 2026. Your money stretches further here than almost anywhere else on the planet.

Thailand (Chiang Mai):

CategorySingleFamily of 4
Rent$350$650
Food$250$550
Transport$50$100
Healthcare$80$200
Entertainment$100$200
Total$830$1,700

Vietnam (Ho Chi Minh City):

CategorySingleFamily of 4
Rent$400$700
Food$200$500
Transport$40$80
Healthcare$60$180
Entertainment$80$160
Total$780$1,620

Malaysia (Kuala Lumpur):

CategorySingleFamily of 4
Rent$450$800
Food$250$550
Transport$60$120
Healthcare$100$250
Entertainment$100$200
Total$960$1,920

Best value pick: Vietnam, especially outside the major cities. Food is incredibly cheap and high quality. Healthcare is affordable but more basic outside of private hospitals.

Latin America

Latin America offers a strong middle ground between affordability and familiarity for North American and European expats. The culture is welcoming, the food is excellent, and many countries have growing expat communities.

Mexico (Merida):

CategorySingleFamily of 4
Rent$450$750
Food$300$650
Transport$60$120
Healthcare$80$250
Entertainment$120$250
Total$1,010$2,020

Colombia (Medellin):

CategorySingleFamily of 4
Rent$400$700
Food$250$550
Transport$40$80
Healthcare$70$200
Entertainment$100$200
Total$860$1,730

Costa Rica (San Jose area):

CategorySingleFamily of 4
Rent$550$900
Food$350$700
Transport$70$140
Healthcare$100$300
Entertainment$120$250
Total$1,190$2,290

Best value pick: Colombia. Medellin has year-round spring weather, fast internet, modern infrastructure, and a monthly cost that is hard to beat for the quality of life.

Eastern Europe

Eastern Europe is the best-value region on the continent. Many cities have excellent public transport, fast internet, rich culture, and a fraction of the cost of Western Europe.

Poland (Krakow):

CategorySingleFamily of 4
Rent$500$850
Food$300$650
Transport$40$80
Healthcare$80$200
Entertainment$120$250
Total$1,040$2,030

Romania (Bucharest):

CategorySingleFamily of 4
Rent$400$700
Food$250$550
Transport$30$60
Healthcare$60$180
Entertainment$100$200
Total$840$1,690

Best value pick: Romania. Bucharest is a modern city with fast internet (some of the fastest in Europe), affordable rent, and easy access to the rest of Europe.

Western Europe

Western Europe is the most expensive region on this list, but some countries are more affordable than others. Portugal and Spain stand out as the best values.

Portugal (Porto):

CategorySingleFamily of 4
Rent$650$1,100
Food$350$700
Transport$50$100
Healthcare$50$150
Entertainment$150$300
Total$1,250$2,350

Spain (Valencia):

CategorySingleFamily of 4
Rent$700$1,200
Food$350$750
Transport$50$100
Healthcare$60$180
Entertainment$150$300
Total$1,310$2,530

Best value pick: Portugal, especially Porto and smaller cities. Public healthcare is available to residents, and the overall quality of life is excellent for the price.

Middle East

The Middle East is often overlooked by expats, but countries like the UAE and Oman offer unique advantages. Salaries are often high and tax-free, but the cost of living can also be high.

UAE (Dubai):

CategorySingleFamily of 4
Rent$1,400$2,500
Food$500$1,000
Transport$200$400
Healthcare$200$500
Entertainment$300$600
Total$2,600$5,000

Oman (Muscat):

CategorySingleFamily of 4
Rent$700$1,200
Food$350$700
Transport$150$300
Healthcare$100$300
Entertainment$150$300
Total$1,450$2,800

Best value pick: Oman. It is significantly cheaper than the UAE or Qatar, with a high quality of life, safe streets, and stunning natural scenery.

Best value countries overall

If you are looking for the best combination of low cost, good quality of life, safety, internet speed, and access to healthcare, these five countries stand out in 2026:

  1. Vietnam: Under $800 per month for a single person. Incredible food, growing economy, and welcoming culture.
  2. Colombia: About $860 per month in Medellin. Great weather, modern infrastructure, and a growing expat community.
  3. Romania: About $840 per month in Bucharest. EU member, fast internet, affordable rent, and easy travel across Europe.
  4. Thailand: About $830 per month in Chiang Mai. Established expat community, excellent food, and a relaxed pace of life.
  5. Portugal: About $1,250 per month in Porto. The most affordable option in Western Europe with a high quality of life.

Find the right country for your budget

Cost of living is just one piece of the puzzle. You also need to qualify for a visa, understand the healthcare system, and know how your skills and background affect your options.

Create a free Passpoort account and see which countries match your budget, your career, and your goals. It takes 5 minutes and gives you a clear picture of where your money will go the furthest.