The idea of living large—elaborate meals, luxurious homes, frequent travel—can seem more like a dream than a reality as living expenses continue to rise throughout the Western world. The truth is, though, that dream is still alive. You may need to switch up your surroundings. A luxurious lifestyle on a modest income becomes surprisingly achievable if you’re willing to move to a place where your money goes farther. Imagine having spa days and fine dining without worrying about your finances, waking up in an apartment by the sea, or hiring help for the cost of a cup of coffee back home. There are nations where commonplace comforts are transformed into reasonably priced indulgences, ranging from parts of Southeast Asia to Latin America and Eastern Europe. Your rent, utilities, food, and entertainment expenses could be a third of what you currently pay in these areas—all without compromising your standard of living. There are difficulties associated with moving, of course. Moving overseas, however, might be your best option if you’re yearning for greater comfort, freedom, and the ability to live comfortably without going bankrupt. Living large on a small budget is not only possible but the norm in these eight countries.
Nicaragua
The fact that Nicaraguans are renowned for their hospitality and pleasant demeanor should be enough of a reason for expats to move there. Moreover, Nicaragua stands out as one of the most affordable countries in South America, attracting digital nomads seeking a luxurious lifestyle without exceeding their budget. An apartment in the heart of Managua goes for $300/month. Amazing meals at local restaurants cost $5. A beachfront home in San Juan del Sur costs $700/month.