In this post via Afrokonnect, we’ll explore the Best Places to Live in South America for a Low Cost of Living — including beautiful cities and towns where your money goes further. Let’s get started without taking too much of your time!
Best Places to Live in South America for a Low Cost of Living
10. Cuenca, Ecuador
Kicking off our list at number 10 is Cuenca, Ecuador — a UNESCO World Heritage city known for its colonial charm and mild climate.
Living here costs about $900 to $1,200 a month, including rent, food, and utilities. Cuenca’s expat community is strong, the healthcare is high quality, and you can walk almost everywhere. It’s peaceful, safe, and full of life — a top pick for retirees and remote workers alike.
9. Arequipa, Peru
At number 9 we have Arequipa, Peru, also known as the “White City” for its volcanic stone architecture.
This beautiful town offers stunning mountain views, affordable housing, and delicious Peruvian cuisine. You can live comfortably for $800–$1,000 a month, including local transport and meals at family-owned restaurants.
8. Medellín, Colombia
Coming in at number 8 is Medellín, Colombia’s “City of Eternal Spring.” Once known for its troubled past, Medellín has transformed into a modern, innovative city with strong infrastructure and friendly locals.
High-speed internet, great weather year-round, and a thriving digital nomad scene make it perfect for long stays. You can live here comfortably for $1,000–$1,300 a month.
7. La Paz, Bolivia
At number 7 is La Paz, Bolivia’s high-altitude capital surrounded by the Andes Mountains.
It’s one of the most affordable capitals in South America — with rent and food prices far below the regional average. You can live decently here for $700–$900 per month. The culture is vibrant, transportation is cheap, and adventure is never far away.
6. Asunción, Paraguay
Number 6 goes to Asunción, the capital of Paraguay.
It’s calm, safe, and one of the cheapest cities in South America to live in. A single person can live comfortably on $800 per month, including rent and groceries. The city’s warm climate, low taxes, and simple visa process make it attractive to expats and entrepreneurs. RECOMMENDED: 7 Lessons from People Who Made and Lost Millions.
5. Córdoba, Argentina
Halfway through at number 5, we have Córdoba, Argentina — a lively university city known for its youthful energy and cultural events.
Argentina’s current currency situation makes it especially affordable for foreigners earning in dollars. You can rent a nice apartment, eat out often, and enjoy the nightlife for around $900–$1,100 per month.
4. Santa Marta, Colombia
At number 4 is Santa Marta, a Caribbean coastal city in Colombia.
It’s perfect for those who want beach life without breaking the bank. Living here costs around $800–$1,000 per month. You’ll find fresh seafood, beautiful beaches, and easy access to Tayrona National Park — ideal for digital nomads who love nature and sun.
3. Sucre, Bolivia
Number 3 goes to Sucre, Bolivia’s constitutional capital and one of the most beautiful cities in the region.
With whitewashed buildings, relaxed atmosphere, and mild weather, Sucre offers a high quality of life at an extremely low price. You can easily live here for under $700 per month — one of the cheapest in South America!
2. Quito, Ecuador
At number 2 we have Quito, Ecuador’s high-altitude capital surrounded by volcanoes.
It’s modern yet affordable, with good infrastructure, reliable internet, and access to nature. Rent for a one-bedroom apartment in a nice neighborhood is around $400–$600, and total living costs hover around $1,000 per month. Plus, Ecuador uses the US dollar, which simplifies things for foreigners.
1. Medellín, Colombia (Yes, it’s worth mentioning again)
If we had to choose one standout city, Medellín tops the list overall.
It strikes the perfect balance between affordability, community, and lifestyle. With coffee farms nearby, mountain views, modern coworking spaces, and great public transport — it’s no surprise many digital nomads and expats call it home.
Conclusion Best Places to Live in South America for a Low Cost of Living
So there you have it — the Best Places to Live in South America for a Low Cost of Living. Whether you’re seeking colonial beauty in Cuenca, mountain peace in La Paz, or tropical vibes in Santa Marta, South America has an affordable destination waiting for you.
Which of these cities would you move to first? Let us know in the comments! And don’t forget to like this post, share it with your travel-loving friends, and subscribe to Afrokonnect for more global travel and lifestyle content. Thank you for reading this post via Afrokonnect — please let us know what you think via the comment section and do not forget to subscribe to Afrokonnect, like and share this post before you leave.
