Due to rising inflation, many Americans are considering moving abroad in search of more affordable and fulfilling lives. Mercer consultants analyzed over 200 everyday expenses in 226 cities worldwide to identify the most affordable locations with a high quality of life. They selected eight cities across Europe, Asia, and the Americas that balance low living costs with a high standard of living. Business Insider utilized Numbeo's crowdsourced data to present the cost of living in these cities, giving insight into various daily expenses.
As inflation continues to drive up the cost of everyday necessities, more Americans are looking abroad, hoping to find places where their money goes further and life is sweeter.
Mercer analyzed over 200 everyday expenses, including housing, food, healthcare, and entertainment, in 226 cities worldwide to identify the most and least expensive spots.
Mercer also weighed safety, infrastructure, environmental friendliness, and connectivity to determine eight cities in Europe, Asia, and the Americas that offer a balance of low living costs and high living standards.
Business Insider used cost-of-living data from Numbeo to give readers a feel for day-to-day expenses in each city, including housing, food, and entertainment.
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