Which South American country is cheap to live?

Several South American countries are considered affordable for living, each offering unique experiences and costs. Here are some of the cheapest countries to live in South America:

1. Colombia: Known for its vibrant culture and diverse landscapes, Colombia is a budget-friendly destination. Cities like Medellín and Cartagena are popular among expats due to their affordability and improving safety13.

2. Paraguay: Often overlooked by travelers, Paraguay is one of the cheapest countries in South America. The capital, Asunción, offers a low cost of living and a warm climate13.

3. Peru: Famous for its Inca heritage and diverse cuisine, Peru is another affordable option. Cities like Arequipa offer a rich cultural experience at a lower cost13.

4. Bolivia: Considered one of the safest and cheapest countries in South America, Bolivia offers stunning natural landscapes and a low cost of living23.

These countries provide a range of options for those looking to live affordably in South America.