The cheapest country to live as an expat revealed - with three-bedroom flats costing less than £600 per month

A new study has revealed the most affordable country to live as an expat and its prices might just tempt you to relocate.

The research looked at the cost of healthcare, transport, rent, food and utilities in each country to crown the winner.

So, where is top of the ranking in 2025?

Vietnam is officially the cheapest country to live as an expat, according to the experts at William Russell who commissioned the research.

A spokesperson says: 'A long-time favourite among budget-conscious and digital nomads, Vietnam has all the ingredients needed to make the perfect quality of life.

'From sun-swept beaches to metropolitan cities, good food and friendly locals, modern conveniences and ancient traditions to discover, Vietnam is one of the few countries that can truly claim to have it all.'

A one-bedroom apartment can cost as little as $361/£265 a month while a three bedroom condo comes to $801/£589 on average per month.

And the overall cost of living in Vietnam is 59 per cent cheaper than the UK, according to William Russell.

The experts say the country's cheapest city is Da Nang, a coastal metropolis with easy access to beaches and a vibrant nightlife scene.

Bolivia ranks as the second most affordable country to live as an expat. A one-bedroom apartment in the capital La Paz costs around $386/£284 a month while a three-bedroom property comes to $707/£520.

The spokesperson says: 'The inland South American nation captures all the best qualities of an intrepid yet modern destination, with bustling cities like La Paz, Cochabamba and Santa Cruz de la Sierra nestled in the heart of stunning mountains and lush jungles.

'With the cost of living 71 per cent lower than the UK, and rent less than half the price you would pay in many Western countries, expats in Bolivia will find their budget stretches much further, offering them the opportunity to live a high-class lifestyle for only a few dollars per day.'

Georgia is the third-cheapest destination on the list and offers expats a 'modern society without the price tag', according to William Russell.

While the country's capital Tbilisi recently became much easier to reach with new direct flights from easyJet and British Airways, it's the city of Kutaisi that ranks as the cheapest spot in Georgia for expats.

Georgia's third-largest city, Kutaisi has easy access to nature and a walkable city centre.

According to the research, a small city centre apartment can cost as little as $550/£405 a month.

Next on the list is India where expats can rent a three-bedroom apartment for just $433/£318 a month.

The spokesperson says: 'Living in India, you'll find your budget stretches considerably further, allowing you to live a luxurious lifestyle, even in one of India's megacities.'

Although the country is a cheap option for expats, the spokesperson warns that living in India is not for the 'faint-hearted' as the lifestyle may take some getting used to.

Rounding out the top five cheapest countries for expats is Cambodia, where a one-bedroom city centre apartment costs $405/£298 a month on average.

'With modern apartments springing up throughout Cambodia's cities and coastal regions, those who make the move can expect to enjoy an ever-increasing quality of life without breaking the bank,' says William Russell's spokesperson.

Cambodia's capital, Phnom Penh, ranks as the cheapest spot for expats to settle down.