The recent political instability experinced in the Ukraine might make it seem like an unappaeling place to live, but the capital city of Kiev has a lot going for it. It is known as Eastern Europe's centre of scientific, educational, and industrial development, and the city is alive with vibrancy and commerce. While certain low-income area's of the Ukraine do experince severe poverty, Kiev has a surprisingly low amount of slums for such a cheap place to live.
Home to one of the oldest institutions of higer learning in the world, Lima is also the capital city of Peru. While there are areas of poverty outside of the city, Lima itself is a clean and well-functioning urban area. The city leads the rest of the country's ecomonic sector due to the availablity of an affordable workforce, and a cheaper infrastructure.
One of the most densely populated cities in South America, Bogota has over seven million people currently residing there. Known as the 'Athens of South America' because of its many libraries and universities, many young people flock to Bogota looking for jobs, or to study. While crime was a major problem here in the 90s, it has been less dangerous after several multinational companies moved their operations to the city.
Johannesburg, South Africa
The economic capital of South Africa, Joburg is one of the 50 biggest metropolitian areas in the world. It is also one of the the biggest trade centres for gold and diamonds in the world. While it may not be 'cheap' to live here, it is more affordable than some other cities in South Africa, and relatively affordable compared to other similiar cities.