Australia
The world's best place to live, according to the Country Brand Index. The highest quality cities at the lowest cost, claims Mercer. From cosmopolitan cities like Sydney, to the Great Barrier Reef Marine Park, to the desert of the country's interior, the famously friendly Aussie has created a first-world country with low Asian costs. Check out Melbourne, Adelaide and Perth.

Downside: awfully long flights back to the U.S.