Will I save money living in Phnom Penh?

"Yes, you are likely to save money living in Phnom Penh compared to the United States. The cost of living in Cambodia is significantly lower than in the United States. This includes expenses such as rent, groceries, dining out, and transportation. Healthcare is also generally cheaper, although the quality and availability of services may not be as high as in the United States. However, it's important to note that while the cost of living is lower, salaries in Cambodia are also typically lower than in the United States. Therefore, if you're earning a local salary, your purchasing power may not be as high. But if you're earning an income from abroad or have savings, you could potentially save a significant amount of money," explained one expat living in Phnom Penh, Cambodia.

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SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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