Ranking Your Cost of Living in ALL South American Countries | Best and Cheapest Places to Live

The Expat November 20, 2025
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The Expat

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Helping you to discover the world, move abroad, create wealth, save on taxes, and retire early. https://www.youtube.com/@the_expat?sub_confirmation=1

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The cost of living in South America can vary dramatically, and today I rank 10 countries by real monthly expenses for expats—from the cheapest risky options to the safest, most stable places to retire. FREE FOR A LIMITED TIME: Grab your Expat Wealth & Lifestyle Compass ($108 value) today! Includes our 74-page guide of Affordable European Cities, our Zero-Tax countries report, and our essential expat checklist. https://bit.ly/ExpatWealthLifestyleCompass Join us here before this offer ends! We start with Valencia (Venezuela), the apparent cheapest place to live in South America, and move up through Bucaramanga (Colombia), Arequipa (Peru), Asunción (Paraguay), Cuenca (Ecuador), Santa Cruz de la Sierra (Bolivia), Mendoza (Argentina), Florianópolis (Brazil), La Serena (Chile), and finally Maldonado (Uruguay). You’ll discover why the “cheapest” option can actually cost you more in instability, unsafe infrastructure, and medical risks. If you’re looking for the best country to live in South America, or researching cheap South American countries, this South America expat guide breaks down the trade‑offs between low prices and long‑term quality of life. Whether you’re planning to be an expat in South America or just curious about the cost of living, watch this. Videos mentioned: How Much of Your Pension You Keep in Each EU Country https://youtu.be/D8tgnp4v5IY?si=GK2iSf3Lm_2gtMMR 3 Best Cities To Retire in Argentina Under $950 a Month! https://youtu.be/cJl8dQMAytY?si=kkWWN01FPQ78faK9 The Switzerland of South America: 5 Best Cities to Retire in Uruguay https://youtu.be/hcPQ_AD287I?si=PkcXwqkcd5PYN9H4 💡Subscribe to @the_expat. I upload new episodes every week! This video is based on this article: https://expatriateconsultancy.com/cost-of-living-in-south-america-ranked/ Subscribe to our channel (it is free)! Planning to move abroad? Read one of these 3 📚books BEFORE: 📚 1 - https://amzn.to/3UkgWUn 📚 2 - https://amzn.to/3U6gacp 📚 3 - https://amzn.to/441oWwJ ➡️X: https://x.com/an_expatriate ➡️Podcast "The Expatriate": https://www.spreaker.com/podcast/the-expatriate--5406772 🚨 QUESTION - Which country or city would you like us to talk about? 🔴 *** ABOUT THE CHANNEL *** From ten years living as an expatriate in the Middle East, South America, and Eastern Europe, to facts from reliable sources. Straightforward, no-nonsense guides for every expat. Some of the links posted and mentioned may be affiliate links, meaning that the author will have a commission for any transaction. 💡 TOPICS IN THIS VIDEO 💡 best country to live in south america, cheap south american countries, cheapest place to live in south america, cost of living in all south american countries, cost of living in south america, cost of living south america, expat in south america, expat life south america, south america best places to live, south america cost of living comparison, south america expat, south america expat guide #RetireAbroad #CostOfLiving #retirementabroad 🔎 EXCERPT 🔎 The cost of living in the cheapest South American country is just $730 per month. The most expensive? $1,725. That's nearly triple the cost for what appears to be the same lifestyle. But after 26 years living in South America, I can tell you this price gap is the direct cost of three things every retiree needs: quality of life, safety and stability. The most expensive has first-world infrastructure and healthcare. The cheapest? Enormous risks. And it might sound weird but… The cheaper options cost you more. The expensive one saves you money. So today, you’ll see the numbers side by side, and you’ll know exactly what you gain—and what you avoid—when you spend that extra money. We start with…. The Criteria Every expat faces the same six expense categories: housing, healthcare, transportation, entertainment, groceries, and utilities. But here's what some people miss: the real cost isn't what you pay monthly. It's what you pay when things go wrong. The cheapest countries save you money upfront, but cost you when the power goes out for days, when your bank account gets frozen, or when you need emergency medical care. The expensive countries charge you a premium for one thing: predictability. We analyzed ten cities using identical lifestyle assumptions. To calculate costs like rent, for each country, I chose a city that is attractive to expats and often mentioned among our viewers. The only expense I left out is taxes, because they depend on how your income is obtained, so the video would be too long - but if you would like a video where I also cover taxes, tell me in the comment section. In most of the rankings I do, I usually start with the worst and most expensive, but here, I will do the opposite, and start with the cheapest one, because in South America, the cheapest is also the worst.

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