1. Corozal – Belize
IM Score: 35
Rent Cost: $210
Hospital to Population Ratio: 3,426
Flight to U.S. Cost: $496
Country Global Retirement Index: 15
There are plenty of reasons why Corozal deserves to be on top of our best places to retire in Central America list. There is the low cost of living, of course, allowing you to rent a comfortable apartment for $200 and less. Also, other costs will be very friendly to your budget including the flight ticket to the United States. Corozal also represents the most popular expat and retirement destination in the entire country, offering beautiful beaches, entertainment, plenty of recreational activities and overall relaxed lifestyle. If you want to retire in a tropical paradise without spending too much, Corozal offers that and lot more.