welcome to mojo travels and today we're counting down our picks for how much money you need to
live in amazing countries around the world for one year without working are you a fan of our videos
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for this list we're looking at 10 countries that have massive appeal for travellers
to live in for a year and how much you'll need in your bank account to get by
bulgaria there are numerous reasons to spend a year in this southeast european country above all
else bulgaria is among europe's cheaper countries compared to the united states the cost of living
is about 44 lower while the rent is just under 80 on average renting a one bedroom apartment
will probably cost somewhere around 250 or 300 dollars that's about 3 600 for the year of course
if you're backpacking through bulgaria you can save that rent money for other daily expenditures
a modest backpacker can get by on 50 bulgarian lev almost 27 us dollars per day food transportation
and hotels are all on the more affordable side with activities like hiking and beach going
being free you don't have to put a price on fun in bulgaria italy being one of the most elegant
countries in the world you might assume that italy is out of your price range if you spend
extravagantly on food hotels and wine in certain cities italy will naturally bleed your wallet dry
wise spenders however can spend a year in italy quite reasonably for a one bedroom apartment
outside of the city centre you're looking at somewhere around maybe 650 bucks monthly if
you have the money to live lodge an apartment in the center of italy's most expensive city milan
goes for about 1 100 if you're lucky taking rent out of the equation 800 per month should cover
utility shopping and transportation since taxi fare adds up over time it may be worth investing
in a bike to inexpensively get around in style spain draped in atmosphere culture and sunlight
spain is a ravishing local to live in rent is about 50 below what you're inclined to spend in
the states with one bedroom apartments beyond the city center costing around 650 dollars per month
you'll also need about that much set aside for monthly utilities groceries and other expenses
so for minimalist visitors somewhere around twenty thousand dollars should keep you in
good spirits for the year if you are looking to spend a year abroad with a significant other
spain is one of the ultimate honeymoon destinations for a year in paradise around
three thousand dollars per month should keep a couple covered coming out to around 35 000 overall
it doesn't hurt that many activities won't cost a cent most notably the breathtaking museums
colombia everything about colombia is diverse from the people to the climate to the variety
of ways to pass the time the cost of living also accommodates a wide range of classes a
city center one bedroom apartment can cost roughly one and a half million colombian pesos every month
although that sounds like an absolute fortune it translates to a little under 400 us dollars
when stacked up against u.s housing renting in colombia is nearly 80 percent less after eating
a casual meal don't freak out if you receive a bill for 13 000 colombian pesos as it's really
only about three bucks coupling rent and food with other basic costs of living about one thousand
dollars per month seems like a reasonable budget especially when the glorious mountain views pay
for themselves peru like colombia peru's prices might seem steep at first glance following some
simple translations though u.s residents will find that peru is far more affordable than what they're
likely currently paying traveling from the u.s to peru the cost of living dips more than 50 on
average this change is most apparent when it comes to rent with the cost plunging nearly 80 percent
a one bedroom can extend from 500 sol and just under 3 000 sell monthly in usd you'll be paying
a minimum of about 150 dollars and a maximum of around 800 every month for a roof over your head
for other accommodations you'll need about 1500 sold which is close to four hundred dollars
if you have fifteen thousand dollars saved off you're as golden as the sun mexico when spending a
year abroad in another continent you'll also have to take the plane fare into account depending how
much you want to bring with you shipping can also make your budget skyrocket that's why mexico can
be the ideal destination for us residents especially if they already live near the
southern border gas might not be cheap in 2022 but you'll still save money by packing everything into
the car and driving down to your new residence a mexican peso is the equivalent to 49 cents
with a city center one bedroom costing a bit over 8 500 mexican pesos monthly that's somewhere in
the 400 per month range throw in meals gas and utilities and we'd say 800 per month should make
for a cosy stay panama when you're an american in another country it's difficult keeping track
of how much money is worth thankfully it's no problem in panama one panamanian balboa
is the equivalent to one us dollar aside from not having to stress over currency conversions
your mind can rest easily knowing that the cost of living is around 30 less and rent is 60 less
a city center one bedroom is going to be in the ballpark of 600 to 700 monthly that same amount
should cover other expenses as well bringing your yearly budget to somewhere between 14 000
seventeen thousand dollars the best part of being a visitor in panama's territorial taxation system
is that it exempts income and outside the country if you have enough saved panama is a great place
to retire thailand if you don't mind the humidity and want to spend a year away from the cold
thailand's tropical year-round climate is for you they say you can't put a price on a smile
but how much is it to live in the land of smiles around 13 000 thai bots or 375 usd
is a sensible amount to pay monthly for a one bedroom apartment eighteen thousand tybott or five
hundred and twenty dollars should be enough for other monthly costs without any work commitments
you can spend your days lounging on the beaches and admiring ancient temples between hopping from
one exotic location to another you'll enjoy some of asia's finest cuisine and you can get a good
meal for as low as 70 thai bots or two books costa rica in the happier than a billionaire
book series nadine passani details how she did what most people only dream of she quit
a job moved to costa rica with her husband and built their dream house near the beach one of
the books even explores how to create a budget in costa rica with the lowest monthly budget being
twelve hundred dollars and the highest being three thousand five hundred dollars this includes
rent which is a little over seventy percent lower than what u.s residents pay on average
meanwhile the cost of living is over 35 percent lower just like panama costa rica doesn't tax
outsider income while only costa rican citizens in financial need are eligible for free health care
it's still among the most affordable in the world indonesia one us dollar equals roughly around 14
550 indonesian rupiah with exchange rates like that a modest lifestyle can translate to a
leisurely one for those who've saved accordingly for u.s residents the cost of living goes down
nearly 50 percent while rent plummets about 80 percent excluding rent one could pay for
meals transportation and other transactions for 445 dollars per month 250 per month will fetch
you a one bedroom apartment in the city center while one outside the centre is closer to 150
indonesia is home to some of the world's most succulent street food which typically costs
under one dollar a three-course meal at a normal restaurant shouldn't cost over 20 dollars throw
in the priceless islands architecture and sunset and you're in for an extraordinarily affordable
year abroad do you agree with our picks check out this other recent clip from mojo travels
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