One person could easily live in a well-appointed garden shed, with low-voltage amenities and like RV appliances. Realistically, an American collecting social security could move to less expensive white-ruled countries and live like royalty:
The cheapest countries to live in Europe often include Romania, Albania, Bosnia & Herzegovina, Bulgaria, and North Macedonia, offering very low rent, groceries, and daily expenses compared to Western Europe, with some expats finding they can live comfortably on $1,000-$2,000/month, especially in the Balkans and Eastern Europe. Turkey also stands out as extremely affordable, while Hungary and Ukraine are frequently cited for low costs.
Top Affordable Destinations:
Romania: Known for low rent, diverse scenery (mountains, Black Sea), and good value for money, even in the capital, Bucharest.
Albania: Offers turquoise coasts, mountains, and historic towns (Berat, Shkodėr) with extremely low living costs, cheap utilities, and affordable food.
Bosnia & Herzegovina: A peaceful nation with history, beautiful scenery (Mostar), and exceptionally low housing costs, sometimes 70-80% lower than the US.
Bulgaria: Another Balkan gem offering very low daily costs, cheap accommodation, and great value for budget travelers and residents.
Turkey: Has prices significantly below the EU average, making it one of the most economical choices in Europe.
Hungary: Cited as potentially the cheapest in the EU by some metrics, with very low living index scores.
I could move to the Eastern Bloc and, with my last name (Stalin), they'd treat me like a god. There's probably no Albanians left in Albania. They all apparently have moved to Sterling Heights.