Live data from Hacker News

Ask HN: Where can I live off 1k USD per month?

news.ycombinator.com

291–300 of 557 posts

Re: Ask HN: Where can I live off 1k USD per month?

#291
If you like living off around the beach with a stable weather year around (summer from January to December) and amazing food, have a look at this small town called “João Pessoa” in Brazil. 1k USD there you can leave quite comfortably, including rent and all living costs (way above the average there)

I come from there and while I am living in the EU at the moment, I plan in retiring early and move back soon.

Re: Ask HN: Where can I live off 1k USD per month?

#292
Assuming you're American, be aware that you might still need to pay some taxes to the US despite living abroad (as long as you're a citizen). Many countries have set up their tax law to make sure you don't get taxed twice because of the USA's weird tax laws, but it's worth taking into account!

Re: Ask HN: Where can I live off 1k USD per month?

#293
post #211

Sort of a side tangent, but what is the best way to go about choosing a place (even in the US) to live? Aside from budget ofc.

I would say it comes down to personal preference. I love nature, I would love to live near mountains with relatively safe animals around. Some might love being near the water, and some in city environment. To live in the U.S. for $1000 somebody really needs to stick to strict living because starbucks cost the same everywhere etc.

Re: Ask HN: Where can I live off 1k USD per month?

#294

Poland is doable if you stay out of major cities. You can rent a studio for $300 (incl. all utilities). Food, if you cook, will cost you $200-$250 ($300-$400 if you don't cook and want to eat out only). Wired Internet and cell phone will be around $20. State-provided health insurance is about $120 per month (this is "socialized medicine", so it provides everything with no deducible, up to treating cancer etc.), but c…

As a Pole myself, I’d add two things: it is generally a lovely country, lots of beautiful countryside etc. Less “spectacular”, more “cozy” etc. People are a bit uncertain of new things (eg foreigners in a new town) but generally warm and helpful eventually. That said, I’d you’re not white and straight, small towns could be very unwelcoming, from people staring, to telling you to go, to physical violence. Rare but tru…

The locals did stare at us funny when we didn't put ketchup on our pizza, but then we stared back cause why would someone do such a thing.

Re: Ask HN: Where can I live off 1k USD per month?

#295
Indonesia. And outside Jakarta to save another 40% Philippines, same logic avoid the capital. Cambodia, Vietnam, Malaysia, Laos, Myanmar (not safe these days perhaps), Peru, Mexico, Chile, Ukraine, Belarus, Croatia, Bulgaria, C.replublic.

All those countries will cost you far less than 1k usd per month, given you avoid the capital city center and other hot spot where rent is double price.

Re: Ask HN: Where can I live off 1k USD per month?

#296
post #261
post #11

I live in Korea. Some months my total expenses are as low as $400 while living comfortably. If I spent $1000 in a month, I spent a lot of money. I'd say my average monthly living expenses are $600-$800. My main expenses are food/entertainment, and I eat out a lot (50% of meals). Housing is probably the biggest living expense. I take advantage of Korea's interesting rental system called Cheonsae: Basically, if you put…

> Basically, if you put down a huge deposit (like $90,000: 50% to 90% of the value of the property), you don't pay any monthly rent and get the entire deposit back when you move out. So you're giving them a usurious loan basically.

How is a zero interest loan usurious?

Re: Ask HN: Where can I live off 1k USD per month?

#297
post #245

Earlier quoted context omitted.

Nomadlist is often way off on their estimates. I'd suggest using it for inspiration only and then see prices on Numbeo

Off in one direction or just randomly?

In my experience of living in Shanghai, Nomadlist and Numbeo estimates are way too high. That's not to say that rich expats aren't actually paying those prices (someone must've entered them, right?) but if you're willing to shop around and learn the local language so you don't get ripped off like an ignorant foreigner, you should be able to get things much cheaper.

Re: Ask HN: Where can I live off 1k USD per month?

#298
post #11

I live in Korea. Some months my total expenses are as low as $400 while living comfortably. If I spent $1000 in a month, I spent a lot of money. I'd say my average monthly living expenses are $600-$800. My main expenses are food/entertainment, and I eat out a lot (50% of meals). Housing is probably the biggest living expense. I take advantage of Korea's interesting rental system called Cheonsae: Basically, if you put…

If property returns around 5% per year, lending $90k for a stay would be around $4.5k per year and represent perhaps a $375 monthly apartment. Given that you are not even paying fully for the apartment, this makes it possibly even more valuable. This can be considered quite decent given that there is more or less no risk involved. An index fund may generate higher returns maybe even 7% but given the low risk the system may be generous. As an institution it may of course beg other questions if the money is well invested, if it creates a bubble etc.

Housing returns:https://www.nber.org/system/files/working_papers/w24112/w241... S&P : https://www.investopedia.com/ask/answers/042415/what-average...

Re: Ask HN: Where can I live off 1k USD per month?

#299

Rural Taiwan. Very good and affordable health care. Super fast and cheap mobile Internet.

Actually, I would say anywhere in Taiwan other than Taipei, you'd be fine on $1k USD / month... so for those that would still prefer urban/city life, you should definitely consider Kaohsiung or Tainan -- both urban centers that are in the southern part of Taiwan.

Weather may be a bit more of an issue though (especially in the summertime), but cost of living is still very very reasonable.

Agreed on the language though -- Taiwan in general is a bit tougher to navigate for non-Chinese speakers. You may be able to get by with just English in Taipei, but in the rural areas or in the central/southern urban centers, it'll be a bit tougher.

Re: Ask HN: Where can I live off 1k USD per month?

#300

Lowest average rent by state in the US is West Virginia at $628. That means some parts of West Virginia must be much cheaper than that. $400 for food and utilities seems easily doable, but probably not healthcare, so you're likely going to have to be uninsured and pray you don't get sick or injured for 6 months. I'm guessing you'd sage on moving and travel expenses by staying in the US, but maybe not enough compared…

I'm in Morgantown, West Virginia. A university city (cities don't get very large in West Virginia, the state only has 1.8 million people; it has seen zero population expansion for 90 years).

Sold my house not long ago, moved to Morgantown, and I'm renting now. My rent for around 900 sq ft is sub $700. Electric + water + Comcast is a combined $100, that covers all of my utilities. I'm under $800 for rent + utilities and under $1,000 for rent + utilities + food.

Crime is low, as is the murder rate; I don't think there has been a murder here in roughly five years. The Internet is great (Comcast goes up to 1.2gbps here for $80/month, but I don't have a use for that). There's a decent bus system that goes to most parts of the city and is cheap to use. The area, and really the state in general, is overwhelmingly green; drive a short distance in any direction and you've escaped civilization. There's skiing an hour away in the Winter, and a few popular lakes within that distance as well. Oddly housing prices are higher than they should be for the income levels of the region, and it has been that way for a long time, so that's a downside (but this is relatively speaking, as you can buy a nice house here for under $400k; for anyone working in tech remote it's not expensive). It is a boring, docile, quiet region, and that's not everyone's cup of tea; the restaurants are lacking, and there's no consequential nightlife; the nearest relevant city, Pittsburgh, is 80 minutes away.

In the US, university cities - which the US has a lot of - are often the hidden gems of combining safe (low crime, low murder rate) + a relatively low cost of living.

Post reply on HN