South America is a beautiful continent. It has many affordable cities to live in. Let’s explore some of the best cheap places to live in South America.
1. Medellín, Colombia
Medellín is known as the “City of Eternal Spring.” The weather is perfect all year. It is also very affordable.
- Cost of living: $1,200 per month
- Rent: $500 per month
- Utilities: $100 per month
- Groceries: $200 per month
Medellín has a great quality of life. The public transportation is excellent. There are many parks and cultural events. It is a great place to live on a budget.
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2. Quito, Ecuador
Quito is the capital of Ecuador. It is a beautiful city with a rich history. It is also very affordable.
- Cost of living: $1,000 per month
- Rent: $400 per month
- Utilities: $90 per month
- Groceries: $180 per month
Quito has many museums and historical sites. The weather is pleasant. It is a great place to live if you love history and culture.

Credit: www.spanish.academy
3. Buenos Aires, Argentina
Buenos Aires is the capital of Argentina. It is known for its vibrant culture. It is also very affordable.
- Cost of living: $1,300 per month
- Rent: $600 per month
- Utilities: $120 per month
- Groceries: $250 per month
Buenos Aires has many parks and museums. The food is delicious and cheap. It is a great place to live if you love culture and cuisine.
4. Lima, Peru
Lima is the capital of Peru. It is a coastal city with beautiful beaches. It is also very affordable.
- Cost of living: $1,100 per month
- Rent: $450 per month
- Utilities: $100 per month
- Groceries: $200 per month
Lima has a rich history and many cultural events. The weather is warm and sunny. It is a great place to live if you love the beach and history.
5. La Paz, Bolivia
La Paz is the capital of Bolivia. It is a beautiful city in the mountains. It is also very affordable.
- Cost of living: $900 per month
- Rent: $350 per month
- Utilities: $80 per month
- Groceries: $150 per month
La Paz has many unique cultural events. The views are stunning. It is a great place to live if you love nature and culture.
Comparison of Cheap Places to Live in South America
City | Cost of Living | Rent | Utilities | Groceries |
---|---|---|---|---|
Medellín | $1,200 | $500 | $100 | $200 |
Quito | $1,000 | $400 | $90 | $180 |
Buenos Aires | $1,300 | $600 | $120 | $250 |
Lima | $1,100 | $450 | $100 | $200 |
La Paz | $900 | $350 | $80 | $150 |
Frequently Asked Questions
What Are The Cheapest Cities In South America?
La Paz, Bolivia; Quito, Ecuador; and Asunción, Paraguay are among the most affordable cities to live in South America.
Which South American Country Is Most Affordable?
Bolivia is known for being the most affordable country in South America, offering low living costs and inexpensive amenities.
Is Ecuador A Cheap Place To Live?
Yes, Ecuador is one of the cheapest places to live in South America, with affordable housing and food.
How Much Does It Cost To Live In Bolivia?
Living in Bolivia can cost as low as $500 to $700 per month, including rent, food, and transportation.
Conclusion
South America has many affordable cities. These cities offer great quality of life. Whether you love culture, history, or nature, there is a city for you. Consider moving to one of these cheap places to live in South America.