Where on the planet would my dollar go the furthest?
Rick Kennedy, Santa Fe, NM
“Asunción has remained the cheapest city in the Cost of Living rankings since 2003,” notes Mags Andersen of Mercer, a human resource consulting service, whose annual rankings determine the most (and least) expensive places for expatriates. So where is this dream city? Asunción is the capital of the South American nation Paraguay. While Paraguay is a deeply troubled place—they once fought a war that killed two thirds of their adult males—you can live well for a mere $300 a month (including housing, utilities, food, transportation, and other miscellaneous expenses). Book your flights now!