First one that came to mind to me was Pittsburgh as well. Chicago is decently affordable but rents still seem quite a bit more, and not all that far off from what I'm used to in Toronto. Though you get a lot more for the price in Chicago.
Technically Johannesburg has a top 100 university and you can rent a luxury flat in the arts district for less than $800 USD. A full house in a good, safe area that's walkable for probably around $1500. Cape Town is a bit pricier but Wits is a better university anyways.
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Originally Posted by muppet
For Europe head east and south - Istanbul, Prague, Krakow, Gdansk, Budapest, Athens, Valencia, Lisbon, Alicante, Seville, Ljubljana, Sarajevo, Bari, Genoa, Bologna. I'm tempted to say Berlin but it's now much pricier than it's famed for
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Just got back from Berlin and from chatting with bartenders it sounds like it's not so much the cost of rent, but actually finding an apartment. Pretty much zero vacancy and it's almost impossible to get something even if you have the cash ready.