17 Best Slow Travel Destinations-Where To Live On $3000 A Month

Did you know there are lots of places in the world where you can live comfortably with a monthly cost of living under $3000 USD? Read on to see the best slow travel destinations and a breakdown of costs contributed by other travel loving nomads currently living all over the world.

We have now been travelling the world full time since January 2018 and in order to be able to do this, we must stick to a monthly budget. Not only has this allowed us to travel and see the world, but we have been able to take advantage of the potential to save some money by living in countries that has a comparatively cheaper lifestyle than the one we come from, Australia.

As nomadic retirees / digital nomads, there are many factors that need to be taken into consideration when looking for our next destination for a one month plus stop. One of the main considerations is the cost of living in a destination, but also factors such as things to do, Wi-Fi availability, and how long we can stay on a visa are other important considerations.

So you probably want to know, ‘where can I live on 3000 a month’? Below we have collected first-hand and current information on some of the basics which make up the cost of living for a month including accommodation with a private bathroom and the costs of utilities. Some additional pricing includes the approximate costs of eating out, and some other treats such as a coffee at a café and the cost of a local beer or cocktail.

We have also asked our fellow travellers to include some of their favourite ‘top tips‘ including ways to save money while you are living in a destination, where the best place to buy food is, and cheaper neighbourhoods to find accommodation.

If you looking for more detailed information on the current costs of living in the city you’re interested in staying in next, check out Numbeo and Nomad List for a full database of the average costs.

Please Note: All prices are listed in USD (US Dollars). To easily convert prices to your currency, we use xe Currency Converter.

Convert USD to your currency with xe Currency Convertor here

What is Slow Travel? What are the Benefits?

Slow travel is defined as staying in a location for a longer period of time and focuses on immersive experiences rather than rushing through destinations. This approach allows travellers to connect deeply with the places they visit. Slow travellers often seek to understand local culture and traditions.

Slow travellers seek a connection with local communities by engaging with residents to offer unique insights into their way of life. In addition, extended stays encourage a deeper appreciation for destinations. Instead of a quick visit, slow journeys allow time to explore every corner. Travellers can savor the sights and sounds, creating a more meaningful experience.

Slow travel experiences focus on mindful choices. This approach helps reduce environmental impact. Traveling less frequently and staying longer in one place lowers carbon footprints. It can also improve mental health as it allows for increased relaxation and reduced stress by avoiding the hustle of typical tourism.

Engaging with local traditions offers a chance to learn new skills or languages. Travellers can immerse themselves in different cultures, creating meaningful connections with locals. These interactions enrich the travel experience and foster personal growth.

The slower pace gives travellers the opportunity to enjoy each moment. Instead of rushing from one attraction to another, there is time to enjoy leisurely strolls and discover hidden gems.

Where in the World Can I Live on $3000 a Month? 17 Slow Travel Destinations Around the World

Are you slow travel planning and ready to find out the cheapest places to live in the world for digital nomads and nomadic retirees with a monthly living cost of under $3,000 USD? Here’s a quick overview of the starting prices for each city from cheapest to highest:

1. Cost of Living in Mirissa, Sri Lanka – from USD$800 / Month for a Single
2. Cost of Living in Vilcabamba, Ecuador – from USD$1,000 / Month
3. Cost of Living in Cebu, Philippines – from USD$1,000 / Month for a Single
4. Cost of Living in Medellin, Colombia – from USD$1,000 / Month
5. Cost of Living in Bali, Indonesia – from USD$1,050 / Month
6. Cost of Living in Santo Domingo, Dominican Republic – from USD$1,200 / Month
7. Cost of Living in El Nido, The Philippines – from USD$1,200 / Month
8. Cost of Living in Kotor, Montenegro – USD1,300/ Month
9. Cost of Living in Antigua, Guatemala – from USD$1,500 / Month
10. Cost of Living in Siem Reap, Cambodia – from USD$1,500 / Month for a Couple
11. Cost of Living in Chiang Mai, Thailand – from USD$1,500 / Month
12. Cost of Living in Palermo, Sicily – USD$1,500 / Month
13. Cost of Living in Yerevan, Armenia – USD$1,500/ Month
14. Cost of Living in Lisbon, Portugal – USD$1,500 / Month
15. Cost of Living in Valencia, Spain – USD$1,600 / Month
16. Cost of Living in Athens, Greece – USD$1,800 / Month
17. Cost of Living in Krakow, Poland – USD$1,800 / Month

N.B. Please be aware these above prices are indicative only and may end up higher or lower depending on your specific needs and requirements.

When making your decision, it’s important to consider the prices listed above for the cheapest place to live abroad, then factor in the kind of lifestyle you want to live without blowing the budget, but also without sacrificing those things that are important to you i.e. eating out, visiting the local sights and attractions, having a night out etc.

You can definitely get better deals on accommodation (sometimes 30% – 50% off, or even more depending on your negotiating skills) for a hotel / apartment / Airbnb rental if you stay for one month or more.

Countries in Asia With a Monthly Cost of Living Under $3,000 USD

Discover affordable destinations in Asia where you can enjoy a comfortable lifestyle for under $3,000 USD per month, perfect for those living a nomad life amongst us or those considering long-term stays.

1. Cost of Living in El Nido, The Philippines – from USD$1,200 / Month

If you’re searching for places to live for under $3,000 per month, you should definitely consider the Philippines – particularly El Nido in Palawan. This small beach town is blessed with incredible nature, including stunning beaches, impressive limestone formations, and thick rainforest.

Also, El Nido is one of the more developed places in the country, which is why it’s one of the best places to live in the Philippines.

With accommodation being your biggest expense, the cost of living in El Nido depends highly on the type of accommodation you choose. While you can find cheap budget rooms outside of town for about 15,000 to 20,000 PHP (approx. $270 – 360 USD) per month, a modern-looking fully furnished apartment in the trendy neighbourhood of Corong-Corong can easily cost you 30,000 – 40,000 PHP (approx. $540 – 700 USD) or even more per month.

However, transportation, eating out and activities are cheap in El Nido. The best way to get around is to buy a motorbike, but you can also use tricycles, which only cost a few dollars for short fares.

The prices for meals in restaurants start at around 200 PHP (approx. $3.50 USD) and can go up to 500 PHP (approx. $9 USD) for specialty items, while a beer in a bar costs you between 80 and 120 PHP (approx. $1.50 – 2.20 USD).

If you want to save money, you can also shop for groceries at the local market, where you can find fresh produce as well as canned and dry goods, so that you can cook your own food. This way you can eat cheaply and live comfortably on a very small budget.

Yet, it’s not only the cost of living that makes El Nido an attractive place to live. With the option to extend your tourist visa for up to three years without leaving the country, the Philippines is a great place to set up a base for a little while.

So, what are you waiting for? El Nido awaits you!

Top Tip: The best way to see the natural beauty in this area is by booking one of the many El Nido island hopping tours.

El Nido Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Couple: $1,200 USD
• 🏠 1 Bedroom Apartment in a Great Area: starting from $540 USD per month
• 💡Utilities: $100 per month
• 🍽 Meal at a Restaurant: USD $3.50 – $9+
• 🍺 Local Beer: $1.50
• ☕️ Coffee: $2.50

2. Cost of Living in Siem Reap, Cambodia – from USD$1,500 / Month for a Couple

Siem Reap is a popular destination for digital nomads seeking a unique cultural experience. With affordable living costs, reliable internet, and a growing community of like-minded individuals, Siem Reap offers a comfortable and stimulating environment to work remotely.

From exploring ancient temples to sampling local cuisine, there is always something new to discover and interesting things to do in Siem Reap. So if you’re looking for an adventure while maintaining your work-life balance, this vibrant city might just be the perfect place for you.

For digital nomads, the living costs in Siem Reap, Cambodia is low making it one of the more affordable countries to live in. Accommodation in a 1 – 2 bedroom apartment not far from the city centre can cost anywhere from $200 to $800 per month, depending on the level of comfort and amenities. Food is also relatively cheap, with street food costing as little as $1 per meal, while a mid-range restaurant meal can cost around $5. Transportation is also affordable, with tuk-tuk rides costing around $1 to $2 for short distances.

Internet access is reliable and affordable, with many cafes and coworking spaces offering free or low-cost Wi-Fi. Overall, a digital nomad budget can stretch comfortably in Siem Reap for around $1,000 to $1,500 per month.

Top Tip: To save money, it’s recommended to shop at local markets and avoid the tourist hotspots such as Pub Street. 

Siem Reap Budget for the Month:

• 💲 Cost of Living For A Couple: $1,500USD
• 🏠 2 Bedroom Apartment in a Nice Area: starting from $400 USD per month
• 💡Utilities: $150 – $200 per month
• 🍽 Meal at a Restaurant: USD $2 – $20+
• 🍺 Local Beer: $0.50
• ☕️ Coffee: $2

3. Cost of Living in Chiang Mai, Thailand – from USD$1,500 / Month

Chiang Mai, Thailand is a popular destination for digital nomads due to its affordable cost of living, cultural experiences such as the Chiang Mai Lantern Festival, and thriving coworking spaces. Enticed by the city’s relaxed atmosphere, nomads can balance work and leisure while enjoying local cuisine, exploring historic temples, and networking with like-minded individuals. With a welcoming community, reliable internet, and stunning natural scenery, Chiang Mai is an ideal location for those seeking a fulfilling work-life balance.

The monthly cost of living in Chiang Mai for a digital nomad is relatively low. Accommodation can be found for as little as $200 per month for a basic one bedroom apartment with no air-conditioning, however, if you can afford to pay a little more, $500 will get you a modern apartment with air-conditioning.

Food is inexpensive and delicious, and transportation is affordable too, with tuk-tuks and songthaews costing just a few dollars. However, costs can vary depending on one’s lifestyle and spending habits. It’s important to budget and keep track of expenses to ensure a comfortable and sustainable stay in this vibrant city.

Thailand does have a digital nomad visa, however a visa on arrival will give you 30 days, with the possibility of a further extension of another 30 days.

Top Tip: If you are looking to save some costs, some of the cheaper places to live in Chiang Mai are north of the Old City (Chang Pheuak), south of the Old City (Haita, Chang Klang, the area near the railway station, including Nong Hoi, or even further east (Tha Sala in the south or San Sai in the north). Here you can find one to two bed apartments or condos, or even a small house, for around ฿4,000 / USD$125 / AUD$165 per month (add ฿1,000 / USD$32 / AUD$42 with aircon).

Chiang Mai Budget for the Month:

• 💲 Cost of Living Western Lifestyle: $1,500 USD
• 🏠 1 Bedroom Modern Apartment: starting from $400 USD per month
• 💡Utilities: $100 per month
• 🍽 Meal at a Restaurant: USD $3 – $20+
• 🍺 Local Beer: $2
• ☕️ Coffee: $2.50

4. Cost of Living in Bali, Indonesia – from USD$1,050 / Month

Live in Bali as a digital nomad for its affordable cost of living, vibrant culture, adventure activities and thriving coworking spaces. Bali’s stunning natural beauty and year-round tropical climate make it an ideal location for work and play.

Living in Bali offers a unique cultural experience with stunning natural beauty. Explore ancient temples, rice terraces, and pristine beaches. Indulge in delicious cuisine and immerse yourself in local traditions. Take part in thrilling outdoor activities such as surfing, hiking, and diving. 

The general cost of accommodation, eating out, entertainment and transportation are all relatively affordable in Bali, making it an attractive location for digital nomads. Accommodation can range from $300 to $1,000 per month, depending on the level of comfort and amenities. Food in local warungs can cost as little as $2 per meal, while a mid-range restaurant meal can cost around $5 to $10. A local beer will set you back around $3.50.

Utilities such as electricity and water will cost around $50 per month. Transportation options include motorbike or car rental, with daily rates for a motorbike starting at around $5 to $10. Overall, a digital nomad can live comfortably in Bali for around $1,000 to $1,500 per month.

There are lots of great areas to stay in Bali, but where you choose will depend on what you are looking for. For example, Lovina, on the northern coast, is the least expensive place to live, but it still has most of the Western amenities you might want. A two-bedroom, two-bathroom pool villa in Ubud will cost about $760, but the same monthly rental in Lovina will cost about $300. Sanur is by the beach, so you will expect to pay more for everything here. A lot will depend on the location you choose and how close you are to the heart of a city or a beach.

Top Tip: No matter where you decide to live in Bali, it is imperative to negotiate your rent. The longer you decide to rent for, the lower the monthly rate will be. However, as with anything in Bali, you need to drive a hard bargain to reap the rewards.

Bali Budget for the Month:

• 💲 Cost of Living For A Couple: from $1,050 USD
• 🏠 1 Bedroom Villa: starting from $500 USD per month
• 💡Utilities: $50 per month
• 🍽 Meal at a Restaurant: USD$2 – $50+
• 🍺 Local Beer: $3.40
• ☕️ Coffee: $2.20

5. Cost of Living in Mirissa, Sri Lanka – from USD$800 / Month for a Single

Mirissa in Sri Lanka is located on the south coast and living here as a digital nomad will allow you to enjoy a unique coastal lifestyle with a low cost of living. Soak up the sun on its pristine beaches, surf its waves, and witness the magnificent marine life on a whale watching tour. You will also find yoga and meditation classes everywhere. Don’t miss the stunning sunsets and delicious seafood at the beachside restaurants.

The cost of living in Mirissa, Sri Lanka for a digital nomad is relatively low. Accommodation can range from $200 to $500 per month, depending on the level of comfort and amenities.

Food is cheap and delicious, with street vendors offering traditional Sri Lankan dishes for as little as $1.50 per meal. Food in local restaurants can be as low as $2 per meal, while a mid-range restaurant meal can cost around $5. 

High-speed internet can be a little tricky, so it pays to test speeds prior to committing to your accommodation. However, it can be found, making it easy to work remotely. Utilities such as electricity and water will cost approximately $30 per month. A local beer will cost around $1.50 to $2 per bottle, while transportation such as tuk-tuk rides can cost around $1 to $2 for short distances.

Overall, a digital nomad can live comfortably in Mirissa for around $800 to $1,200 per month. With its laid-back atmosphere and beautiful surroundings, Mirissa is an ideal location for digital nomads looking to live a relaxed lifestyle while still staying productive.

Top Tip: Start your evening by heading to the beach and finding a good happy hour where you can sip on an ice cold large Lion Beer for under USD$1.50. Follow this up with a cheap and affordable seafood dish such as a Sri Lankan fish curry and rice (one of our favourites) for USD$2.30.

Sri Lanka Budget for the Month:

• 💲 Cost of Living For A Single: $800 USD
• 🏠 1 Bedroom Apartment in the City Centre: starting from $300 USD per month
• 💡Utilities: $30 per month
• 🍽 Meal at a Restaurant: USD $2 – $15+
• 🍺 Local Beer: $1.50
• ☕️ Coffee: $2

6. Cost of Living in Cebu, Philippines – from USD$1,000 / Month for a Single

If you’re a digital nomad looking for a new base, Cebu in the Philippines could be an excellent option. With a thriving tech scene and a low cost of living, it’s a great place to work remotely while enjoying a high quality of life. Cebu has plenty of co-working spaces and coffee shops with fast internet, making it easy to stay connected. You’ll also find a vibrant community of expats and entrepreneurs, who are always happy to share tips and advice.

This stunning island province in the Philippines is home to some of the most beautiful beaches in the world, fantastic snorkelling and diving opportunities in nearby Moalboal, along with some of the most unique cultural experiences you’ll ever encounter. From exploring the bustling city of Cebu to swimming with whale sharks in Oslob, there’s something for everyone on this island.

But it’s not just the activities that make Cebu worth visiting – the food is also a must-try. The local cuisine is a mix of Chinese, Spanish, and Filipino influences, resulting in a unique and delicious fusion of flavours. And with affordable prices and welcoming locals who mostly speak English, a trip to Cebu won’t break the bank.

The cost of living in Cebu, Philippines for a digital nomad is very affordable. Accommodation can range from $350 to $800 per month, depending on the level of comfort and amenities. Food at local restaurants can cost as little as $2 per meal, while a mid-range restaurant meal can cost around $5.

Utilities such as electricity and water will cost around $80 per month. A beer at a local bar will cost around $1.50, while transportation via jeepney or motorcycle taxi can cost around $0.30 to $1 per ride. Internet access is reliable and affordable, with many cafes and coworking spaces offering free or low-cost Wi-Fi. Overall, a digital nomad can live comfortably in Cebu for around $1,000 to $1,500 per month.

Top Tip: Before committing to a long-term rental, check out various neighbourhoods. Also, fresh produce is often cheaper in the local markets but supermarkets also provide for convenience and safety.

Cebu Budget for the Month:

• 💲 Cost of Living For A Single: $1,000 USD
• 🏠 1 Bedroom Apartment in the City Centre: starting from $500 USD per month
• 💡Utilities: $80 per month
• 🍽 Meal at a Restaurant: USD $2 – $10+
• 🍺 Local Beer: $1.50
• ☕️ Coffee: $2.50

Where to Live in Europe for Under $3,000 USD

Explore European countries where a monthly budget of under $3,000 USD offers a comfortable lifestyle, ideal for nomads or budget-savvy travellers.

7. Cost of Living in Athens, Greece – USD$1,800 / Month

I mean, who wouldn’t want to live at the birthplace of democracy and at the foot of the iconic Acropolis? And as if that’s not enough, Athens is also close to the beach as well as to mountains for hiking, it offers delicious (and affordable) food, a relaxed work-life balance, and a lifestyle that’s focused on fun, friends, family, and food.

And the best part?

Greece offers a 1-year digital nomad visa for non-EU residents employed outside Greece. Which can be renewed to a 1-year digital nomad residence visa after that.  If you’re planning to stay a short time (less than 90 days), you can still enter on a tourist visa, but for longer stays, you will need to complete the process and pay the steep fees for the residence visa ($80 for the first-year digital nomad visa, and $1000 to renew into a digital nomad residence visa annually).

Renewal is expensive, but if you have a look at the cost of living in Greece and the quality of life in Athens, you will soon find that it is well worth the investment.

The best way to find a place to live is through Facebook groups, expat pages or other digital nomad platforms, that can give you the best advice about the areas to live and the average cost of an apartment. Athens is a rather large city and not very walkable so you’ll definitely want to take a monthly metro card which only costs $28. Also, check out the Department of Culture’s site for free admission days to Athens’ major museums and archeological sites to cut costs.

Top Tip: Try to avoid the major tourist areas if you’re looking for affordable accommodation and food. Prices will double as soon as you enter Athens’ tourist hubs.

Athens Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Single: $1,800 USD
• 🏠 1 Bedroom Apartment in a Nice Area: $300 – $700 USD per month (depending on the area, and size of your apartment)
• 💡Utilities: From $150 – $300 per month
• 🍽 Meal at a Restaurant: USD $12 – $50+
• 🍺 Local Beer: $3.50
• ☕️ Coffee: $3.50

8. Cost of Living in Valencia, Spain – USD$1,600 / Month

Valencia, a beautiful city on the eastern coast of Spain, offers an exceptional quality of life, making it an attractive relocation hotspot. The city enjoys a warm climate throughout the year, with mild winters and sunny summers, making it ideal for outdoor activities pretty much year round.

The cost of living in Valencia is relatively affordable compared to other major European cities, allowing residents to enjoy a comfortable lifestyle without breaking the bank.

When it comes to accommodation, Valencia offers various options to suit different budgets. A one-bedroom apartment in the city centre typically costs around $700 to $900 per month, while a similar apartment outside the city centre can be found for approximately $500 to $700.

Basic utilities, including electricity, water, and gas for a standard apartment, cost around $100 to $150 per month. High-speed internet and phone services come at an additional cost of approximately $30 to $50.

Valencia is also renowned for its culinary delights and the paella in particular. You can enjoy a quick meal at a local restaurant for as little as $8, while a three-course meal for two at a mid-range restaurant would cost around $35 to $50.

If you fancy a drink, a beer at a bar will cost you around $2 to $4, while a refreshing cocktail can be enjoyed for approximately $7 to $10. A cup of coffee at a café in Valencia typically costs around $1.50 to $2.50, depending on the location.

Non-European residents can enter Spain on a tourist visa which allows you to stay for a 90 day period. As of 2023, Spain started offering a digital nomad visa for non-EU citizens that can be extended for up to 5 years.

 Top Tip: Depending on where you’re living in Valencia, you might rarely need to use the public transport. Valencia is a very walkable city, but if you do need to use the metro or the bus, both options are great and inexpensive. The costs can be further reduced if you use the ‘Mobilis’ card.

Valencia Budget for the Month:

• 👩‍❤️‍👨 Valencia Living Costs For A Couple: $1.600 USD
• 🏠 1 Bedroom Apartment in the City Centre: starting from $700 USD per month
• 💡Utilities: $180 per month
• 🍽 Meal at a Restaurant: USD $8 – $35+
• 🍺 Local Beer: $2
• ☕️ Coffee: $2

9. Cost of Living in Palermo, Sicily – USD$1,500 / Month

Palermo is a vibrant and historic city in Sicily, Italy, that offers a high quality of life at an affordable cost. It is a great place to live for those who appreciate rich culture, delicious food, beautiful architecture and a laid-back Mediterranean lifestyle.

The cost of living in Palermo is relatively low compared to other major European cities. The average cost of a one-bedroom apartment in the city centre is around $550 – $700 per month, while a three-bedroom apartment can cost $900 – $1200 per month. A one-bedroom apartment outside of the city costs around $400 – $500 monthly.

Utility costs, including electricity, water, and gas, can add up to around $100 – $150 per month, while phone and internet plans can cost around $30 – $50 per month.

Eating out in Palermo is also affordable, with a meal at a local trattoria costing around $10 – $15, and a meal at a more upscale restaurant costing around $30 – $40. Local beers and cocktails can cost around $3-$7, and a coffee can cost around $1 – $2.

Palermo is part of the Schengen Area, which allows visitors to stay for up to 90 days within a 180-day period without a visa. For those staying longer, there are various visa options available, including a digital nomad visa, which allows remote workers to live and work in Italy for up to one year.

To reduce the cost of living in Palermo, use public transport which is both convenient and affordable. A monthly bus pass costs around $28 and allows unlimited use of Palermo’s bus network. Additionally, consider staying in the Albergheria neighbourhood, which offers affordable housing options and easy access to the city. Buy groceries from the local markets, such as Ballarò market, where fresh produce can be found at reasonable prices, as opposed to eating out all the time.

Top Tip: For monthly accommodation deals, check out local real estate agencies and Facebook groups.

Palermo Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Single: $1,500 USD
• 🏠 1 Bedroom Apartment in the City Centre: starting from $550 USD per month
• 💡Utilities: $180 per month
• 🍽 Meal at a Restaurant: USD $10 – $30+
• 🍺 Local Beer: $3
• ☕️ Coffee: $1

10. Cost of Living in Kotor, Montenegro – USD$1,300/ Month

Despite Montenegro using the euro for its currency, it’s still an affordable and stunning place to live. Kotor is one of Europe’s prettiest towns nestled in the deep fjord of Boka Bay in Montenegro. It’s the perfect place for mountains and sea to live. 

It’s got a slow and friendly way of life with a multicultural community always ready for a chat over coffee.  The historic medieval walled city has changed hands over the centuries leaving a touch of Byzantine, Venetian, Austrian, Russian and French culture and is now a protected UNESCO world heritage site.

There’s great food and history in Kotor, but the opportunities to get into nature really stand out with excellent hiking, kayaking and boating activities.  With a relatively low cost of living compared to most of Europe it’s an attractive place to live for expats and digital nomads.

A typical 2 bedroom flat within the city costs around $500 – 700 to rent.  Utilities range in cost but heat and air conditioning and will cost in total $120.  For high quality internet you can pay $25 per month, and a mobile SIM card is $10 for 10 GB of data.

One of Kotor’s main attractions is the fantastic food options, especially Restobar Taraca with its riverside dining.  There rice bowls, pasta dishes and salads are typically 7 – 11 euros total.   A local beer will cost 2.50 euros, a cocktail is around 5 – 6 euros, and a cup of coffee is 1.30 euros.

There are visa requirements for Montenegro but they are very relaxed.  You will see many different nationalities here that have difficulty in the Schengen zone.  Currently there is a digital nomad visa being outlined by the government but it has yet to be officially approved. A tourist visit does not require a visa and it lasts 90 days but there is an option to apply for a long term visa that is 365 days and 35 euros fee.

Top Tip: A great tip to save money living in Kotor is to live within walking distance of the bus station that is well connected to the rest of Montenegro and avoid paying for a car and parking.   It’s such a walkable area that you don’t really need a car. 

Kotor Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Single: $1,300 USD
• 🏠 2 Bedroom Apartment in the City Centre: starting from $500 USD per month
• 💡Utilities: $180 per month
• 🍽 Meal at a Restaurant: USD $7 – $30+
• 🍺 Local Beer: $2.50
• ☕️ Coffee: $1.30

11. Cost of Living in Yerevan, Armenia – USD$1,500/ Month

Yerevan, Armenia is one of the most affordable places to live where you can actually enjoy a great quality of life, without a hefty price tag. You can easily get by with a monthly budget of $3,000 USD or less.

Yerevan, the capital of Armenia is a very developed city with amenities that are similar to those in America or Europe. With a little Armenian twist! A 1-bedroom apartment in the city centre will set you back about $600 – 700 USD for a monthly rental, including utilities. Prices will drop as the length of your stay increases.

Food in Yerevan is affordable and very tasty. There are a ton of amazing restaurants and cafés where you can work from in the city centre. Expect to pay $5 – 10 USD per meal in smaller local restaurants. However, since the food scene is quite big in Yerevan, you can also find higher end restaurants too. Drinks can range from $3 – 10 – less for local beers, glasses of local wines, and more for cocktails and imports. 

Transportation in Yerevan is very affordable, and the city is very walkable. GG or Yandex cab rides (similar to Uber) cost less than $2 USD to drive around most parts of the city. If you want an even cheaper option, the metro is about a quarter, and the local buses and minivans are even cheaper.

There are so many cheap and free things to do around Yerevan. There are also plenty of day trips you can take from Yerevan. Local marshrutkas (buses) can take you around easily. If not, hitchhiking is very safe and common in Armenia… it might even include a free meal and drinks if you hit it off with your lift! 

Armenian visas are issued for a maximum of 120 days, which can be extended for another 60 days if no other terms are defined. 

Yerevan is a great place to call home. Not only because it’s budget-friendly, but also because of the lively and vibrant city with tons to discover and explore in the city and around the country.

Top Tip: The price of accommodation will drop as the length of your stay increases.

Yerevan Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Single: $1,500 USD
• 🏠 1 Bedroom Apartment in the City Centre: Starting from $600 USD per month
• 💡Utilities: $120 per month (if not already included in rent)
• 🍽 Meal at a Restaurant: USD $5 – $20+
• 🍺 Local Beer: $1.50
• ☕️ Coffee: $3

12. Cost of Living in Lisbon, Portugal – USD$1,500 / Month

Lisbon is one of the most sought-after cities to live in Europe and it is an affordable destination where you can live for less than $3000 a month. There are plenty of things to do in the city with a vibrant bar and restaurant scene, Fado joints, and plenty of museums and sights to fill up your days for months.

From Lisbon, you can also easily reach some of the best beach towns in Portugal like Cascais, Ericeira, and Nazaré. The city is well connected by public transportation like buses and trams, and you can reach other towns and cities by train and bus.

The monthly cost of living in Lisbon is around $1,500 -$2,000 a month with rental prices for a one-bedroom apartment around $800 – $1,200 a month, depending on what area you stay in. If you stay outside Lisbon in places like Sintra, you can find one-bedroom apartments for $350 – 450 a month, but you will need to pay for public transport into the city, so it might be more convenient to stay in the charming capital city.

For a small one-bedroom apartment, the cost of electricity and water is usually at an average of $80 – $90 per month, but it depends on the provider. A good tip is to look for a place where this is included in the rent. Eating out can cost something between $10 to $25 depending on the place and a beer normally comes at $2.50. A coffee costs $1 – 2 dollars in a café, depending on how you like it.

Portugal offers a Digital Nomad Visa. It is required to have proof of a minimum income of 8460 Euros a year and a clean criminal record. Once you have this, it is fairly easy to apply for a residency in Portugal. For EU and Schengen citizens, there is no need for a visa to live in Portugal. Non-EU and Schengen citizens can get a Visa-On-Arrival which allows them stay for 90 days.

Top Tip! Get a used bike when you move to Lisbon as it is the best way to work that bootie and save money getting around.

Lisbon Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Single: $1,500 USD
• 🏠 1 Bedroom Apartment in a Nice Area: starting from $800 USD per month
• 💡Utilities: $85 per month
• 🍽 Meal at a Restaurant: USD $10 – $25+
• 🍺 Local Beer: $2.50
• ☕️ Coffee: $1.50

13. Cost of Living in Krakow, Poland – USD$1,800 / Month

Krakow is one of the top two most visited cities in Poland, and has evolved into an international destination. The city has a variety of architectural styles, numerous pubs, restaurants, clubs and bars, a high quality of life, and a safe and welcoming environment. With day trips to places such as Auschwitz-Birkenau, Tatra Mountain Range, Bieszczady National Park and dozens of historic cities, it’s a central location to Poland’s rich history.

Accommodation in Krakow varies according to the location and the type of housing. A one-bedroom apartment in the city centre costs about $500 – $700 per month, while the same outside the city centre would a bit less, around $350 – $500. Shared accommodations or student dorms can be cheaper, at roughly $200 – $300 per month.

Utilities for a smaller apartment which usually include heating, electricity, gas, water, trash average about $150 – $200 per month. A monthly internet subscription of decent speed costs about $20 – $30, and a decent cell plan is around $10 – $15 per month.

A meal at an inexpensive restaurant in Krakow might cost around $6 – $10. It’s cheaper if you frequent one of the local “bar mleczny” restaurants, which are local food pubs.

Domestic beer in a local bar will cost about $2 – $3, and a cocktail from $5 – $10. A regular cappuccino in a café would cost around $2 – $3.

Poland, as a member of the European Union, follows the Schengen Agreement for visa requirements. For non-EU citizens, a Schengen tourist visa allows a maximum stay of 90 days within a 180-day period. 

Poland does not have a specific Digital Nomad Visa. However, it does offer a National Visa, which allows individuals to stay longer than 90 days for various purposes such as work, studies, business, or family reunification. An application at a Polish embassy or consulate in your home country before arriving in Poland is required.

Public transportation in Krakow is efficient and affordable, and purchasing a Krakow City Card can save you money if you’re planning to use it frequently.

Top Tip: Local websites or Facebook groups care the best way of finding cheap accommodation.

Krakow Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Single: $1,800 USD
• 🏠 1 Bedroom Apartment in the City Centre: starting from $500 USD per month
• 💡Utilities: $200 per month
• 🍽 Meal at a Restaurant: USD $6 – $20+
• 🍺 Local Beer: $2
• ☕️ Coffee: $2

Places to Live in Latin America for Under USD$3,000

Discover Latin American countries where a monthly budget under $3,000 USD provides a vibrant, affordable lifestyle perfect for long-term travellers and nomads.

14. Cost of Living in Antigua, Guatemala – from USD$1,500 / Month

Antigua is a beautiful Colonial city in Guatemala with a great expat community. There are multiple co-working spaces and the Central Park is a hub for locals, expats and retirees to hang out and socialise.

There are plenty of things to do in Antigua to keep you busy such as exploring the surrounding volcanos, taking Spanish classes, or you may even want to give Salsa a try. Not to mention, it is incredibly affordable and easy to live off less than USD $3,000 a month.

A lot of digital nomads and those that stay long-term in Antigua rent accommodation through AirBnB or VBRO. Nice apartments go from USD $750 to $1,300 per month, depending on the size. This includes all amenities.

Another, cheaper way to find accommodation is through notice boards at estate agencies or popular cafés. Utilities are often included in the cost of rent otherwise they should be between $50 and $80 per month.

A phone contract with 20GB of data and unlimited calls to all of the Americas is about $34 and fast W-iFi at your apartment is around $40.

You can get a lunch for around $4 at a cheaper local restaurant and a 3 course evening meal will cost around $10-$20. You’ll pay around $2,75 for a beer and $5 for a cocktail. A good coffee will be around $3.

To be able to live in Guatemala, you’ll have to apply for a visa. A normal visa on arrival is for 90 days. After this, you can request an extension for 6 months. The prices for these visas are only $15.

Top Tip: To save money in Antigua, avoid the supermarkets. Most locals don’t use them because they are too expensive. It is far cheaper to buy everything you need at the local market by the bus station.

Antigua Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Couple: $1,500 USD
• 🏠 1 Bedroom Apartment in a Nice Area: starting from $700 USD per month
• 💡Utilities: $120 per month
• 🍽 Meal at a Restaurant: USD $4 – $20
• 🍺 Local Beer / Cocktail: $2.75 / $5
• ☕️ Coffee: $3

15. Cost of Living in Santo Domingo, Dominican Republic – from USD$1,200 / Month

Santo Domingo is a very affordable place to live and one of the cheapest places in the Caribbean. You definitely can get along here with under $3000 USD, and under $2000 USD per month is also easily possible.

For housing in Santo Domingo, you should plan around $400 – 700 USD for a furnished one-bedroom apartment. This includes an upscale / expat-friendly location, such as Gazcue, Piantini, Naco or the Colonial Zone. There are places available for $100 – 200 USD per month as well without a problem, but usually, those places are in areas where security is an issue, frequent power cut outs may occur and where you spend half of your day in the crazy traffic jams of the city. Therefore, stick with the areas mentioned above and pay a bit more for this, you won’t regret it.

Groceries are cheap in the Dominican Republic as long as you don’t need imported goods. It is possible to live on $250 USD groceries per month. Local fruits are incredibly cheap. A banana costs $0.10 USD, a large mango during the season $0.40 USD and pineapples around $1 USD. Beers are – compared to the income standard of the Dominicans – pretty expensive, as a small beer in the supermarket already costs around $1.50 USD, in a bar from $2 USD and up. Your daily caffeine dose is available from $0.20 USD.

When eating out in Santo Domingo, you have the choice between the local lunch places called Comedores, where you usually get a filling meal for $3 – 4 USD, and typical restaurants, where prices often start at around $10 USD for a meal.

Utilities in Santo Domingo are not expensive, some of them might be included in your apartment rent. A bottle of gas worth $20 USD keeps you going for a month (or longer if you don’t cook a lot), electricity bills can vary between $10 and $100 USD per month, depending on how much you use your air-conditioning. Internet is available starting from $3 USD for 10 GB.  

There are no digital nomad visas available for the Dominican Republic, but the visa policy in general is very relaxed. Most nationalities in the world can enter visa-free for 30 days, extensions are possible for a moderate fee and can be easily done.

Top Tip: Location is everything in Santo Domingo. Check where you will spend most of your time when living there (office? Co-working space?) and look for an apartment in the surrounding. You want to avoid daily commuting to save money and a lot of time.

Santo Domingo Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Single: $1,200 USD
• 🏠 1 Bedroom Furnished Apartment: starting from $400 USD per month
• 💡Utilities: $50 per month
• 🍽 Meal at a Restaurant: USD $3 – $10+
• 🍺 Local Beer: $2
• ☕️ Coffee: $0.20

16. Cost of Living in Vilcabamba, Ecuador – from USD$1,000 / Month

Vilcabamba in Ecuador, also known as the Valley of Longevity, is a paradise for retirees because of its stunning nature, low cost of living, year-round warm climate, and closely-knit, diverse expat community. 

Getting a temporary residency in Ecuador with digital nomad visas is relatively easy. Alternatively, you can stay up to 6 months a year on a tourist visa.

The nickname Valley of Longevity refers to the long life expectancy of locals who often live 100+ years. It’s probably thanks to a slow-paced lifestyle with very little stress, clean water and the fact that most of the produce is locally grown and organic.

Vilcabamba attracts a lot of American retirees because of the low cost of real estate and health care and people who seek an alternative lifestyle. 

I had the pleasure of spending about four months in Vilcabamba and paying as little as $350 a month per rent for an entire tiny house with breathtaking mountain views, including utilities and internet! This rental cost is a big difference compared to let’s say living in Vancouver, where the average monthly rent for a one-bedroom apartment is CA$2,700 (roughly USD$2,000).

And it gets even better. Although Vilcabamba only has about 4000 inhabitants, there is a surprisingly wide variety of restaurants, cafes and activities to keep you entertained. You can find here everything from a French bakery and authentic pizzeria run by an Italian expat family to a health cafe with fantastic acai bowls and even a Korean restaurant run by a local Korean lady who makes the most delicious kimchi. 

The cost to live in Vilcabamba comfortably is about $1000 a month. Lunch in an average restaurant / cafe costs as little as $5 – 10, and imported beer for about $3. Espresso goes for about $1.50, cappuccino for $2.50.

You can fill up a bag full of fresh veggies and fruits for roughly $10, including juicy papayas and mangos.

Top Tip: If you learn a few Spanish phrases, the locals are less likely to take advantage of you with inflated “gringo prices”. Although you’ll get by with English because of a high number of expats, it’ll be much easier for you to integrate into the community if you speak at least basic Spanish. 

Vilcabamba Budget for the Month:

• 👩‍❤️‍👨 Cost of Living For A Single: $1,000 USD
• 🏠 1 Bedroom Apartment in City Centre: starting from $250 USD per month
• 💡Utilities: $90 per month
• 🍽 Meal at a Restaurant: USD $3 – $10+
• 🍺 Local Beer: $2
• ☕️ Coffee: $1.50

17. Cost of Living in Medellin, Colombia – from USD$1,000 / Month

As a digital nomad, Medellin, Colombia is an ideal location to set up shop. This vibrant city, nestled in the Andes mountains, offers a perfect balance of work and play. With its perfect climate, affordable cost of living, and a growing community of entrepreneurs, it’s no wonder Medellin has become a hub for remote workers.

High-speed internet is readily available throughout the city, and co-working spaces are popping up everywhere. Plus, with a variety of cafes, restaurants, and bars, it’s easy to find a spot to work and network.

But it’s not all work and no play… Medellin offers a vibrant nightlife, delicious local cuisine, and a plethora of museums and art galleries. But what really sets Medellin apart is its transformation from a drug-infested city to a bustling metropolis with a focus on innovation and sustainability.

Visitors can explore the city’s stunning transformation by visiting landmarks like the Comuna 13 escalators, which replaced steep and dangerous staircases, or the Botanical Garden of Medellin, which showcases the city’s commitment to preserving its natural resources. And for those who want to get away from the hustle and bustle, there are plenty of outdoor activities to enjoy, such as hiking and paragliding. There is always something to see and do in Medellin.

For digital nomads looking to live in Medellin, Colombia, the cost of living is quite reasonable. Depending on the level of comfort and amenities, accommodation can range from $300 to $800 per month. Food is also affordable, with street food available for as little as $1 per meal, while mid-range restaurant meals average around $5.

Utilities such as electricity and water are also reasonably priced, with an average monthly cost of $50. Beer is inexpensive, costing around $1 per bottle. Transportation is also affordable, with bus tickets costing less than $1 and taxi rides around $5 for short distances.

Overall, a digital nomad can live comfortably in Medellin for between $1,000 to $1,500 per month. In short, Medellin is a digital nomad’s paradise!

Medellin Budget for the Month:

• 💲 Cost of Living For A Single: $1,000 USD
• 🏠 1 Bedroom Apartment in the City Centre: starting from $350 USD per month
• 💡Utilities: $65 per month
• 🍽 Meal at a Restaurant: USD $4 – $20+
• 🍺 Local Beer: $1
• ☕️ Coffee: $1.20

FAQs: Slow Tourism Destinations Around The World

Now that you have explored some of the best slow travel destinations, you might still have a few questions. Don’t worry, we’ve got you covered! Here are some frequently asked questions.

In Summary – Monthly Cost of Living Under $3,000 USD? Places to Retire Around the World

So, as you can see from reading above, there are places around the world with a monthly cost of living for under $3,000 USD. When making your decision, it’s important to consider the prices listed above for places to live abroad for nomadic retirees and digital nomads, then factor in the kind of lifestyle you want to live without blowing the budget.  

By incorporating the principles of long term slow travel and geographic arbitrage into your decisions, you will be able to live a more comfortable life at a lower cost!

Have you been to any of the slow travel destinations we have mentioned above with a monthly cost of living under $3000 USD? Have we missed any we should add to this list or do you still have questions? Feel free to contact us on Facebook or via email and let us know.

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