10 Cheapest Countries to Live and Visit in 2023

Do you need to know the best and cheapest countries to live and visit? Do you miss the excitement and thrill of traveling to new places and experiencing different cultures? Are you feeling restless as your surfboard sits unused in the basement, longing to ride the waves on a sunny beach?  Do you need to

If finances are holding you back from pursuing your travel dreams, If you believe that all opportunities for adventure have been exhausted this year, don’t worry! I have something special for you. I will share with you some of the most budget-friendly travel destinations that are overflowing with excitement and adventure, all while sticking to a tight budget! 

In the following lines, you will discover destinations where your budget can go far and what kind of experiences await you there. I will reveal some of the most cost-effective travel destinations and cheapest countries to live and visit; that offer an abundance of excitement, adventure and unique experiences, all within a budget-friendly budget. 

These destinations are perfect for those who are seeking a new adventure without having to spend a lot of money. So, are you eager to plan your next budget-friendly travel adventure ?  Are you curious to know the cheapest countries to live and visit in 2023 ? I have compiled a list of the 10 cheapest countries to live and visit in the year 2023

 Let’s start!

1. Cambodia

At the top of my list of the cheapest countries to live and visit is Cambodia, a country that is not only budget-friendly but also one of the safest destinations to visit. In Cambodia, you can find a hotel room for as low as ten euros per night, and a delicious meal for even less. The cost of living in Cambodia is so low that you might feel guilty for paying such a small amount. In the past, Cambodia was not a popular travel destination, but now, it has become a hotspot for backpackers.

The biggest attraction of Cambodia is the Angkor Wat temple complex, which is considered one of the most famous and fascinating temple complexes in the world. It offers a unique blend of spirituality and affordability, making it an absolute must-visit destination.

Many people believe that traveling requires a lot of money, but this is not always the case. If you are flexible with your travel dates and departure airport, and you are willing to lower your expectations a bit, you can have amazing adventures for very little money. Of course, if you prefer to stay in luxury hotels, this will affect the cost of your trip, but for those who are willing to stay in simple hostels, the cost can be kept to a minimum. Looking for the cheapest countries to live and visit? Try going to Cambodia.

2: Vietnam

The second on my list of 10 cheapest countries to live and visit is Vietnam.

Vietnam is a country that is becoming increasingly popular, but it remains one of the cheapest countries to live and visit globally. It is also one of the most budget-friendly holiday destinations. Many of the cities, especially in rural areas, are incredibly beautiful, with vibrant capital Hanoi offering a lively experience, while the colorful rice fields provide a calming contrast. With just 15-20 euros per day, you can cover all your expenses and enjoy everything the country has to offer. If you prefer a more luxurious experience, there is no shortage of options available.

3: India

India is a country where expenses can add up quickly, especially if you have a shopping agenda or desire to stay in posh international hotels. In such cases, the cost of living in cities like Delhi can be comparable to that in expensive cities like Dubai. However, if you steer clear of tourist hotspots and luxury areas, the cost of living in India can be very affordable, even with frequent use of taxis. With an average daily budget of just 15-20 euros, you can experience a full day of adventure in India, making it an attractive and one of the cheapest countries to live and visit in 2023. This low cost of living, along with its rich cultural heritage and diverse landscapes, makes India one of the most economical holiday destinations.

4: Bolivia

Continuing on the list of cheapest countries to live and visit in 2023, Bolivia in South America is another great option for travelers. With its unique landscapes and photography opportunities, such as the Salar de Uyuni, the world’s largest salt pan, and the charming colonial alley Calle Jaén in La Paz, Bolivia offers a truly memorable vacation experience. 

In addition to its aesthetic appeal, Bolivia is also known for its incredibly low food prices, making it even more budget-friendly. A meal of potato soup, or Chairo, and a bottle of Paceña beer can be purchased for less than two euros, making it a perfect destination for those looking to stretch their budget while enjoying all the best that South America has to offer.

5: Hungary

Budapest, the beautiful and historic Hungarian capital city situated along the Danube river, is a must-visit destination for any European traveler. Although the city is no longer as inexpensive as it used to be before the arrival of low-cost airlines, it still offers affordable prices. One of the highlights of a visit to Budapest is the opportunity to indulge in delectable pastries, enjoy a nightcap of schnapps, and then soothe your muscles in the city’s famous thermal baths, all at an affordable cost. In Budapest, you’re sure to find some great bargains and have a truly memorable experience, making it one of the cheapest countries to live and visit in 2023.

6: Honduras

Honduras, located in Central America, is the ultimate destination for budget-conscious travelers. Despite its reputation for not being entirely safe, the country offers a breathtaking Caribbean paradise with white sandy beaches, crystal clear blue waters, and delicious food that won’t break the bank. If you take the time to research the current political climate and avoid certain areas, you can experience all the beauty that Honduras has to offer without sacrificing your budget. While Belize, Costa Rica, and Guatemala are also popular tourist destinations in the region, Honduras stands out as the cheapest and most overlooked option, which is why it is on this list as one of the cheapest countries to live and visit in 2023.

7: Bulgaria

The resorts along the Black Sea have seen a surge in popularity among tourists from all over the world in recent years. This is likely due to the fact that summer and sunny weather are just as abundant in Bulgaria as in Spain or Italy, but at a more affordable cost. For those who prefer a city vacation over a beach holiday, Bulgaria has a lot to offer. The capital city of Sofia offers delicious meals, a friendly atmosphere, and numerous stunning sights, as do the southern cities of Burgas and Varna. With something for every type of traveler, and with it being one of the cheapest countries to live and visit, Bulgaria is a beautiful destination that is worth considering.

8: Sri Lanka

Many travel guides describe Sri Lanka as a true paradise, with its beautiful sandy beaches, lush green mountains, picturesque waterfalls, sprawling tea plantations, and palm trees swaying in the wind. Beyond its stunning natural beauty, Sri Lanka offers a wealth of experiences, including delicious fish curry, jungle trekking, and beachfront hotels, all at a low cost. You can enjoy this dream destination for less than 25 euros per day, making it an attractive option for budget-conscious travelers seeking breathtaking landscapes and gorgeous beaches and also looking for the cheapest countries to live and visit.

9 Argentina

Buenos Aires, the capital of Argentina, is widely recognized as one of the world’s most exciting and exhilarating cities, renowned for its lively, vibrant  and pulsating nightlife. Despite being located in one of the most affordable and cheapest vacation destinations in Latin America, Buenos Aires still offers a rich and extravagant lifestyle that can be experienced for under 40 euros a day, if you avoid the wild party scene. However, why settle for city life when you can explore the breathtaking natural wonders, such as the Iguazu Falls, that Argentina has to offer?

10: Greece

The Greek islands offer a budget-friendly and memorable holiday experience. In addition to affordable accommodations, visitors can enjoy a wide range of delicious, low-priced cuisine. Despite being one of the most cost-effective and cheapest holiday destinations, Greece is often overlooked and underrated. If you’re planning a trip and want to experience history, stunning scenery, and delicious wine, and in one of the cheapest countries to live and visit, consider putting Greece on your list of potential destinations. It truly has everything you could want for a perfect vacation.


Budget friendliness is a crucial consideration when it comes to planning a holiday or a permanent move to a new place. In 2023, there are numerous affordable and cheap destinations to choose from, each offering unique cultural experiences and exciting attractions. By consulting this list of the 10 cheapest countries to live and visit, you can plan your travels with confidence and enjoy your time abroad without overspending. From a variety of delicious foods to breathtaking scenery and unforgettable activities, these budget-friendly destinations have something to offer everyone. Whether you’re looking to immerse yourself in a new culture, relax on a beautiful beach, or experience a vibrant nightlife, there are plenty of options to choose from. So, start exploring your options and find the perfect budget-friendly destination for you.

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