Best known as a destination for adventure-seeking tourists and the home of mountaintop Inca citadel Machu Picchu, Peru offers one of the most attractive costs of living in Latin America, International Living says.
With rents starting as low as $150 per month and three-course lunches at a local picanteria for less than $3, including a drink, a monthly budget of $1,000 to $1,200 is plenty in many parts of the country.
The country has a widespread temperate climate, so most areas require no heating or air conditioning. Fresh fruits and veggies are available year round at low cost. You can choose from sun-baked coastal cities, the spectacular Andean highlands or even the Amazon jungle. Arequipa and Cusco are two of expats’ most popular towns.