Which Country Would You Go to Escape The Cost of Living?

If you were to pick a country to live in and still maintain a high standard of living, which one would it be?

Countries like Türkiye or Argentina come to mind. Inflation has eroded both currencies.

India and Nepal are supposed to have a low cost of living. How about the lifestyle? Mountain climbing appeals there as it would in the other countries mentioned.

Also, how about visa considerations?

I guess being a digital nomad one could keep having an income.

Interested to hear different perspectives.

Comments

  • +21

    Which country are you living in now? Just want to make sure I don't recommend somewhere worse…

    • +3

      Australia

      • +68

        Ok, then stay here and try to save money to get through these tougher times. Half the planet would love to move here. If you move elsewhere, what's to say that country won't suffer a similar (temporary) decline? If you have plenty of funds: Switzerland or any of the Nordics.

        • +25

          The difference is there, the average voter is a far better educated citizen than the average Australian voter and when they don't like things they protest. Real protests not extinction protests or other corporate funded identity faux shenanigans.
          Switzerland is very very expensive. I was there for 2019-2020 in Basel, Lucerne and Zurich, I have good friends 20 minutes drive into the country- food prices aside from local produce very expensive. Basel was probably the most affordable- but it is a grungy kind of student city. Lucerne is gorgeous and over-loaded with amenities- but not at all cheap. Zurich similar- and according to locals- all the wealthy people live in the countryside taking advantage of agricultural tax-breaks- and the same goes for the Ski towns like St Moritz, Zermat, Klosters, Verbier etc. Rural Italy and Greece is very attractive food is cheap, though with housing have to be careful the $1 old castille you bought has clauses that you have to renovate it to historical standard using artisans using traditional techniques, under supervision of specialist acrhitect etc, etc. Portugal and Spain are good. Hungary is gorgeous and cheap, and no friend of anti-Christian nonsense (actually Switzerland is like that too Catholics in the German speaking areas with a very strong arm on government)

          • +44
          • +5

            @UnternamenBernhard: I'll have some of what your smoking

          • +11

            @UnternamenBernhard: @UnternamenBernhard i upvoted. Truth hurts, just ignore the negs.

            • +3

              @FlyingMiffy: We need more honesty, especially around $1 castles.

          • @UnternamenBernhard:

            Real protests not extinction protests or other corporate funded identity faux shenanigans.

            no friend of anti-Christian nonsense (actually Switzerland is like that too Catholics in the German speaking areas with a very strong arm on government)

            That sounds like the closest thing to paradise on earth, seriously. No coincidence that Switzerland tops the charts in many areas of areas of human endeavour and welfare.

          • @UnternamenBernhard: if you look at france who protests all the time for nothing, its just a routine and doesnt really change anything - usually at that point the gvt plan is locked and loaded.
            Rural places or the whole of switzerland usually dont like people from out of town its very different to being there as a tourist. I dont think renovating a castle or mansion will get you to escape the cost of living but thanks to anyone doing so (france and italy have quite different views on renovation ).
            Its not very nice to spread racist/extreme right image of a beautiful place like hungary, that issue is a little more complex as "hungarians aint takin no nonsense", the world doesnt need more conflict.

          • +3

            @UnternamenBernhard: The Australian government can make protesting unlawful.

          • +1

            @UnternamenBernhard: It will be even better when the whiners end up leaving

        • +28

          Everyone always says Sweden/Nordic… I feel like they don't know what they are taking about and are relying on reputation alone.

          I lived there for two years, paid 25% 'GST', 50% worse pay (teaching), smaller housing, higher costs for services, longer waits for healthcare and worse behaviour/outcomes at schools. A beer after work or a coffee was a 'luxury' for most of my colleagues. Thankfully I had AUD savings to rely on so I could have some fun during my time there.

          No I would not recommend over Australia… unless it's just for the short term and you want to learn/travel. Noway however, is an exception.

          • +5

            @The Wololo Wombat: My experience in the Nordics was complete opposite of nearly a decade living there - lower tax rate (24%), smaller housing (don’t end up with urban sprawl and actually have community), healthcare was easily accessible, world class and basically free (MRI cost me 50€ at most), fantastic education system (free). Beer costs the same as here, coffee culture doesn’t exist though. It’s not crazy expensive except in Norway but you should be earning NO level money there to compensate.

        • +4

          If you have plenty of funds: Switzerland or any of the Nordics.

          But they have a high cost of living

          • +7

            @slipperypete: Yeah, but you can't have high standard of living without the high cost. OP mentions cost in the title yet standard in the post.
            https://www.numbeo.com/quality-of-life/rankings_by_country.j…

            • +1

              @sumyungguy: ah yes. didn't read it did I!!

              I love their way of doing things. Pay more but all get looked after better too

          • +3

            @slipperypete: my thoughts when i arrived in aus, this place is the switzerland of the south.

            Now that i've been here a bit, I usually think australians dont know how lucky they are. Europe is a bucket of poop, asia is fine if you can adapt, like a stressful sort of life and a very different perspective of healthcare, pacific islands are expensive.

            I havent lived in africa or the americas yet

            • @juki: I've heard "Like Russia, but rich"

        • +2

          Too cold. Too stiff to have good banter with. Respectively.

        • +24

          I live in Switzerland. High income and high cost of living. Inflation rate is 2.2% and interest rate is 1.5%. GST is only 7.7%. Meat is expensive but I just do my shopping over in France where it is cheaper. No need for private shool fees for the kids as public schools are amazing. If you rent a house, the landlord can only increase the rent in line with inflation. If you buy a house your interest rates are low and you can fix your repayment for longer than in oz. Direct democracy. Location wise, you are less than 2 hours to holiday destinations.

        • +7

          Keep away from Scandinavia and Switzerland if you are suffering from cost of living pressures. They are the only places in the world that are more expensive than Australia.

          My advice is, move to a cheaper state in America, in the South/SouthEast, like Arizona, Texas, Alabama, Oklahoma. Houses have more land + central heating and cooling; food, petrol, and electricity cost less; tradesmen and manual labourers are much more affordable than in AU.

          Eastern Europe is another option (Hungary was mentioned); possibly Thailand is worth considering as well.

        • +15

          I'm living in Switzerland now.
          Switzerland is a terrible choice if you are trying to maintain a high standard of living whilst living off savings and investments.
          The cost of living here is approximately double Melbourne. I pay $12 for a large coffee, $10/kg for apples, $700 / month for public transport and $1600/week rent for a small furnished 1 bedroom flat.
          However if you are broke and a wage slave - Switzerland is very good with very high wages and low cost education and low taxes. Just expect to consume alot of those high wages on day to day living. And don't expect much with housing. Very low supply and very high demand make Melbourne and Sydney's rental market look like some kind of paradise.

          • @drfuzzy: What are the wages in Switzerland versus Australia?

            • +3

              @BluebirdV: Average wage is around $100k. Bare in mind that the swiss workforce is very educated. If you live in Geneva or Zurich, dont be surprised to meet mostly people with postgrads in an office.

          • +2

            @drfuzzy: Where do people in Switzerland live then? Is it just a lack of choice and people are forced into house shares or shitty housing? What if people are unable to secure a property and how do they manage their homeless population?

            • +2

              @cadwalader: They have houses and apartments. The government also invests in affordable housing for poor people. People dont move houses a lot. It just means there isnt a lot of houses to choose from.

          • +2

            @drfuzzy: Where in switzerland are you paying 3800 francs per month on rent? You renting a palace on lake geneva? If you maybe compare this with a rental in sydney on martin place or boublebay, then the prices are the same.

            $700/mth on public transport? Buy an SBB annual card for $530/mth and you get unlimited access to all public transport train bus and ferry across the network at all time. Maybe you should mention these things. Otherwise people might think you are paying $700 to get to work.

            • +3

              @Stromae: …..and a large cappuccino was around 5 francs at Lake Geneva when I was there 3 months ago, maybe he lives in St Moritz :)

        • +2

          Half the planet would love to move here.

          You must be on your 5th VB crappy aussie beer?

          What's the selling factor here in Australia, let's talk about NSW.
          * The exorbitant costs of living and property?
          * Maybe the 20% you pay extra on any car compared to the rest of the world?
          * The delayed fashionwear?
          * Maybe the $60 packet of Cigarettes, or non-existent access to Cigars?
          * The long queues of road traffic wherever you go?
          * The shortage of seasonal vegetables?
          * General uptight people, full of rage?

          • +4

            @frostman:

            • Maybe the 20% you pay extra on any car compared to the rest of the world?

            That is honestly so little it could get a lot worse in other countries. Where i'm from it's 85% - 145%, there is no LCT threshold or anything like that.

            And your rego depends on displacement. If you happen to have sth silly like a C63 AMG, be prepared to pay like 5k AUD in rego alone lol.

          • +3

            @frostman: you can find a job if you want to and you dont even need to be that educated to actually get one that pays decently.
            nobody should be smoking they should make ciggies $100 in my view, otherwise yeah roadworks do make you go crazy

          • +6

            @frostman: COL in Australia is inline with most Western European countries - more expensive in some ways, cheaper in others.
            Salaries are high (well they are in WA where I live with many having some of the highest incomes in the Western World).
            Levels of disposable income are very high.
            Some new cars are cheaper in Australia compared to places like the UK. Others are more expensive. Used cars are expensive.
            Don't smoke.
            Consumer electronics are cheaper than Europe.
            Traffic in parts of Europe is insane. No thanks.
            Most of what Australia eats is produced here, so seasonal vegetables are a thing. Many countries can't feed themselves, so importing vegetables is a thing.
            There are uptight people here for sure but ever been to Switzerland, Germany, France? Most people wherever you go are friendly (to a degree) but you're going to get assholes everywhere.
            Taxes are too high in Australia.
            the health system is excellent (NHS anyone?).

            Sure, Australia has issues, some of them major but we also get a lot right.

            I'm happy.

            • +2

              @R4:

              Some new cars are cheaper in Australia compared to places like the UK. Others are more expensive. Used cars are expensive.

              Dude, my friend had to pay LCT (Luxury Car Tax) on his Klugar because it was $79K, yeah $79K for a lumbering klugar.
              Not cars are cheap here, unless you want the Chinese-made garbage like

              • MG
              • Haval
              • Great Wall

              Go get a Renault and see what maintenance is like. Australia was so smart, it got rid of AU-made Holden and Falcon.

              Don't smoke.

              Ok howabout I tell you, dont drink grog?

              Traffic in parts of Europe is insane. No thanks.

              Yes maybe, Champs-Élysées.
              Here, you can be on Canterbury Road Marrickville at 7pm and get stuck is traffic.

          • +2

            @frostman: As a non-smoking non-fashion model many of those points don't apply to me or dare I say the common man, I've worn the same type of pants for 10 years and a t-shirt.

            Also I lived in California, our traffic is light, and our housing is cheap compared to there lol. Everyone thinks the grass is always greener somewhere else. Someone will shoot you in traffic for cutting them off or at the supermarket, again Australian scale of rage is not as bad.

        • +5

          Recommending the most expensive countries on earth as a way to escape cost of living.😂

      • -5

        You can't do much worse than Australia. The US would be a huge upgrade for instance.

        • +4

          Sure, as long as you don't need essential services… like health care.

          • +2

            @sumyungguy: I barely use healthcare. I only go to the doctor about once every few years.

            • -1

              @Scrooge McDuck: If youre comfortable with poverty in your face at every turn, including most people serving you in shops and fast food outlets.

              • +1

                @JohnHowardsEyebrows: Can a society have a high minimum wage and a low cost of living?

                • @Scrooge McDuck: Our cost of living wasn't exactly outrageous before COVID, especially if you remove housing from the equation, which is expensive for reasons other than wages.

                  If you don't appreciate the wellbeing of people serving you in shops and restaurants enough to pay a little more from your presumably healthy salary, you fail as a decent human being.

                  • +3

                    @JohnHowardsEyebrows:

                    wasn't exactly outrageous…

                    That's a hell of a qualifier! I think you acknowledge it was still very high.

                    We have amongst the highest minimum wage in the world, and what do we do here? We sell stuff we dug out of the ground, sell inflated real estate and sell degrees to China.

                    If it was more economical to run businesses here, some of those people working in shops and restaurants would have higher paying jobs producing goods or services.

                    We have plenty of basic crap to buy and restaurants to eat at. But we have zero local cars and bugger all local electronics to buy here.

                    • -2

                      @Scrooge McDuck: Unemployment is at record lows. As implied, our wages (high across the board) more than offset higher prices of goods and services. It used to be fun visiting America to see how cheap food and clothes were (now it's far pricier), but the working poor underclass is the consequence of those 'bargains'

                      The 'fair go' is a real thing, and is what makes Australia the superior place to live. Just a pity so many living here don't value it, much less understand it. But hey, who needs society when you can hoard cash and flaunt your BMWs etc.

        • +1

          Yes, an upgrade to get shot easily so will have to invest in a Kevlar vest.

        • +1

          100%.

          You can find yourself a relatively safe state and call it a day.
          You'd have 1,000 different attractions, museums, and events to go to - not including Hiking/Camping.

    • +7

      Ive been thinking about this a bit recently as well. Ive come to the conclusion that Australia taxes fun more than many other countries, so while wages are good, its way too expensive to enjoy it here.
      1- I thought Turkey could be good but booze is expensive and too much earthquake risk.
      2- To enjoy somewhere I like to be able to walk home drunk late at night and not feel worried, so that puts most of South and Central America out of the equation, Mexico a possibility however.
      3-The USA could be decent, fun can be reasonably cheap and lots of scenery to explore, entry requirements make this difficult imo.
      4-Puerto Rico I loved, if not for points 2 and 3 then Id easily spend a long period there.
      5-Heading to India and Nepal next month to see how they stack up.
      6-Malta was lovely, might get bored though.
      7-Malaysia is always in the back of my mind, I wasn't a huge fan but it was cheap and safe and had variety e.g Islam, Chinese, Indian. Breaks up the monotony of a singe culture.
      8-Tourist pricing in South East Asia wears me out generally.
      9-If I was a Digitial Nomad and able to get their visa's then Eastern Europe or Portugal/Madeira could be an idea, except for point 2.
      10-Greece has a great vibe and I always feel safe on the islands, shame its not as budget friendly as it used to be.

      TLDR- After 130 countries travelled I'm still to find one that fits the bill, they each have their pro's and cons. 5-6mths a year in a couple of your favourites is what I'd do.
      Side note- Tunisia is very cheap at the moment and has some nice beaches.

      • +2

        2 - Uruguay is a safe South American country, and not overly pricey. Don't know why you think Mexico is safer than average Latin America. Even Cancun isn't as safe these days.
        3 - Been to US post-COVID? Not anyhthing approaching cheap anymore, even if AUD were still near parity it would be expensive.

        • No, not been since Covid. No cheapish booze in the supermarkets anymore?

        • Agree with 2 - and if you pay in a restaurant with a foreign credit card the GST is refunded!

      • +1

        Damn I want to se your passport 130 is a lot

        • I've filled three and the 4th has 7 pages left.

      • 130 countries !!! here i have only travelled to 3 other countries than the country i was born in. Out of curiosity what do you do and how do you fund these travels ?

        • +1

          Hospitality jobs in 5 different countries over the years. Save most of the money then travel as cheaply(and normally as uncomfortably) as I can. When it runs out, figure a way to get some more.

  • -4

    Stay in Straya, I don't want to reduce my quality of living and facilities significantly.

      • +12

        Eh? If you are covered under Medicare then it is "free".

        As in it is funded by everyone's taxes, you won't get a bill.

      • +4

        You're going to a bizarre hospital champ

    • +4

      Otherwise, be brave and do it but with only small steps at a time.

      Escape to Tasmania to have a first experience living in another country …

  • +13

    Any country you can live off grid and raise your own food …

    Got a small hobby farm in Texas that produces 10-15 head of cattle per year, live off 6 per year, barter with surrounding properties for other supplies ;)

    • +36

      that is only feasible if it's your actual hobby and if you already have a lot of money, and whatever you produce is just an added bonus.

      To start a farm just to combat the high cost of living is not financially viable. I watched Clarksons Farm and I legit did not know it's that hard to start and run a farm. And he's got all the connections and money and you can still see him occasionally getting troubled by the farm. I would be surprised if you could even breakeven within the first few years, discounting the endless labour and mental energy you have put in….

      • +4

        That's England, not Texas. Texas is very liberal with farm subsidies- especially if you're into hunting feral hog.

        • +3

          yeah? we're not talking about being a hunter or running a commercial farm. what does a private, self-sustaining farm have anything to do with subsidies?

          • -6

            @dukeGR4: Oh innocent child, how much you have to learn of the world. Seek, and you shall find.

          • +2

            @dukeGR4:

            we're not talking about being a hunter or running a commercial farm.

            Don't need to be a full time "hunter", you get paid to eat venison (in it's original definition - ie. game meat - hog and deer) :P

            As for commercial, all you have to do to qualify for multiple subsidies (including renewables) is have excess produce!

            • +1

              @7ekn00:

              you get paid to eat venison (in it's original definition - ie. game meat - hog and deer) :P

              Think of the hours needed to prepare, track, and hunt lol. idk how much they're paying you to eat, but you may be better off working in hospitality and accept tips as side hustle, $/hour will be way higher.

              As for commercial, all you have to do to qualify for multiple subsidies (including renewables) is have excess produce!

              Which takes a lot of time, $/hour yield is too little… If you have a full time job it will be really difficult to establish, and most importantly to maintain.

              • @dukeGR4: If you say so ;)

                As far as living it, seems far easier and far more lucrative than you suggest …

                • @7ekn00: then why don't you live that sort of life first? see how far you'll get farming and hunting? do you seriously think it's that easy and it's like playing a game?

                  considering the opportunity cost, suggesting someone to farm and hunt (in Texas) to combat rising cost is silly and almost delusional

                  • +3

                    @dukeGR4: LOL, read my original post, ie "Got a small .."
                    I have the property and have been hunting, farming and living there as my base of operations for a few years ;)

                    considering the opportunity cost, suggesting someone to farm and hunt (in Texas) to combat rising cost is silly and almost delusional

                    LOL whatever champ, how dare I know my financials less than you apparently do :/

                    • -2

                      @7ekn00: i couldn't care less what you do, certainly don't care about your financials.

                      but you offering this kind of advice is ridiculous. As if that piece of land is free, and money falls from tree… considering the opportunity cost of both time and money to pursue this kind of endeavour.

                      • +2

                        @dukeGR4:

                        but you offering this kind of advice is ridiculous.

                        Sorry, didn't realise you had the monopoly on advice … and I didn't realise only your advice is valid advice :/

                        All bow to our new know it all overlord :P

      • +34

        So just (profanity) go already

        I've never seen somebody bitch and moan so hard and yet stay exactly where they are

        You know where the airport is

        You have a passport

        Bye

        • +11

          Why would you take some guy on the internet sharing his opinion so personally? It's (profanity) weird.

          • +2

            @tomtom88: Says the guy by the same logic taking it personally. Pointing out someone a (profanity) doesn't mean they're taking what that (profanity) is saying to heart. It's weird commenting about someone making a comment about someone else comments. No doubt you or someone else will comment about the weirdness of my comment. Thus continuing the pointless and endless circle jerk that is internet arguments that we've all come to enjoy.

            • +5

              @ceroau: Accusing others of bitching and moaning is an attempt to shutdown what could be an interesting discussion. We should be encouraging people to share their real experiences and opinions on a topic, not telling them to (profanity) off because we find their (maybe valid) criticisms personally offensive.

          • +1

            @tomtom88: unternamenbernhard hijacks every post with unhinged, accusatory, off topic rants and ranks within the most ‘profanity weird’ comment history on OzB.

            Not sure that GrueHunter is taking it personally, just commenting what at least 30 other people are thinking.

          • +1

            @tomtom88: My office has a 3000 lumen 4K projector that projects less than you just did

            • @GrueHunter: How so? I'm not sure that word means what you think it does.

        • I'm worried they'd still have OZb there :(

      • +17

        You are extremely negative about life and don't seem to fit with the Australian lifestyle.

        Go find a nice conservative country and a nice conservative church going partner and maybe you will be less unhappy.

        • +2

          i think he's from Indonesia, he should probably move to Aceh lol that place is fun!!!

      • +2

        they have law-abiding good citizen friendly laws

        As long as you're the right colour of course…

      • +4

        You do give off Florida vibes

      • +7

        Pretty much what I said here

        Crappy apartments, thinnest gyprock gets approved. Government cares less as they're raking in the stamp duties.
        Shoddy.

        You can hear the next door neighbour fart, you pay 700K+ for a 2-bedder and pay this off the rest of your life here.
        Then you hit 74 yo, access an offset pension that you can be grateful if you can visit Lucky Hot Bread every morning for a slice of toast

        This country was voted the highest in drug importations, which explains why house prices explode.

      • That's a paddlin'.

      • 100% agree with Australian tradesmen being low skilled!

      • A Pom having a massive whinge about the country he has no intention of leaving. Such a novel concept.

        • POM from the first fleet or new arrival? Either way, they have no intention of going back.

    • +3

      You could do that in North Western QLD or a lot of places in the top end. Most certainly cheaper than emigration to Texas.

      • +3

        No you cant.
        The only thing that links Florida to Far North Queensland (FNQ) is the tropical weather, and beaches.
        FNQ is a ghost town compared to Florida, jack-all to do.
        If you're not swamped by mosquitos all year round, you'd have to put up with the cyclones and crocodiles and weirdos with no work.

        • What does Florida have to do with Texas?

    • +1

      What happen you get sick in America ?

      • +1

        Best doctors in the world are in US

Login or Join to leave a comment