Latin America — Financial & Living Guide for Expats (2026)
Latin America offers some of the world's most affordable cost of living, vibrant culture, and emerging digital nomad hubs in cities like Mexico City and Medellín.
Updated March 2026 • 4 countries
Lowest rent
Argentina$320/mo
Best savings
Argentina110.00%
Cheapest mortgage
Brazil11.00%
Lowest cost of living
Colombia30.6
| Country | Mortgage Rate | Savings Rate | Credit Card APR | Rent (1BR) | Price /m² |
|---|---|---|---|---|---|
 Mexico | 11.20% | 9.50% | 65.0% | $520/mo | $1,900/m² |
| Brazil | 11.00% | 11.50% | 430.0% | $380/mo | $1,700/m² |
| Argentina | 90.00% | 110.00% | 145.0% | $320/mo | $2,400/m² |
| Colombia | 14.50% | 11.00% | 30.0% | $360/mo | $1,500/m² |
Countries in Latin America
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Frequently asked
Which Latin American country is best for expats?
Mexico and Colombia offer affordable living, large expat communities, and accessible long-term visas.