The cost of living is a very important factor for the establishment of any business in another country. According to the index prepared by Numbeo, Latin America is among the cheapest regions to live in the world. Also, the region has some of the cities with the highest quality of life in the world, such as Montevideo, Santiago, Brasília and Buenos Aires. Check out the top ten countries with the lowest cost of living in Latin America:
10. Honduras (63°)
Index: 42.73
9. Dominican Republic (62°)
Index: 41.76
8. Ecuador (61°)
Index: 40.62
7. Peru (42°)
Index: 37.64
6. Bolivia (33°)
Index: 36.02
5. Argentina (22°)
Index: 31.18
4. Brasil (19°)
Index: 30.99
3. Mexico (17°)
Index: 30.93
2. Paraguay (16°)
Index: 30.34
1. Colombia (11°)
Index: 29.02
Source: Numbeo
Image: Pixabay
