6 Cities Around the World Where You Can Live on $1,000 a Month or Less

This is an edited and translated version of an article which originally appeared on August 4, 2022.

Fabien Schmiedlechner | Eye Em | Getty Images via Business Insider According to Numbeo, you can cover your rent and living expenses with $730 per month in Buenos Aires, Argentina.

As the cost of living crisis sweeps the world, many people might consider to move to less expensive areas of the world.

Insider has compiled a list of six cities where you can comfortably live for $1,000 a month, using data from comparison website Numbeo, which provides a crowd-sourced summary of the cost of living in major cities around the world .

The site provides an estimate of the monthly cost of living, rent-free, for a single person in each city, and it also calculates two prices for one-bedroom apartments: one for those in the city center and one for those on the periphery.

It also has a separate index measuring quality of life, which it bases on a formula that takes into account a number of other indices, including purchasing power, cost of living, pollution, healthcare, safety, climate, traffic and commuting. the time and price/income ratio of real estate, the website says.

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Buenos Aires, Argentina

Buenos Aires, the capital of Argentina, offers incredible cuisine, vibrant nightlife and countless cultural delights.

And it's also one of the cheapest places on the list, with an apartment in the city center and living expenses of around $730 per month.

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Santiago, Chile

Santiago offers incredible Andean vistas, a cosmopolitan culture and a relatively cheap cost of living, so it's no wonder that around 35% of the country's population lives in the capital.

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It is also full of museums and has two of the top three universities in Latin America.

In Santiago, $1,000 is enough to guarantee you an apartment near the center and cover your living expenses, Numbeo said.

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Sofia, Bulgaria

Bulgaria is well known as a party destination, but the country has much more to offer, with beautiful cathedrals and churches; spectacular and mountainous environment; and a long history.

Numbeo reported that the quality of life in the Bulgarian capital is comparable to that of Paris, but the cost of living is much cheaper in Sofia, $1,000 per month is enough for your accommodation and living expenses .

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Bursa, Turkey

Bursa is the fourth largest city in Turkey, and it is often called "Green Bursa", in reference to its many parks and gardens.

The many sulfur springs surrounding the city and the famous Uludağ Mountains help make the city a great place for nature lovers.

An apartment near the city center and living expenses would cost you around $650 per month.

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Monterrey, Mexico

This beautiful city of just over a million inhabitants is ahead of Paris and Milan in the Numbeo quality of life index.

It has earned a reputation as the most progressive city in the ne...