11 Cheapest Countries To Retire In Europe

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1. Serbia

Cost of living, per month: $1133.86

Price of fuel, per liter: $1.39

Climate: -3°C to 3°C in January, and 14°C to 26°C in July

Serbia is a country located on the Balkan peninsula, which is in the southeast part of Europe. This country offers some of the most beautiful sceneries of untouched nature and wildlife. Plenty of mountains in the central part of the country, crystal clear lakes, and numerous rivers. The temperatures in Serbia go from average 0 °C (32 °F) in January, and average 22 °C (72 °F) in July. The climate can be classified as humid subtropical. The capital city is Belgrade, a city that lies on two rivers, Danube and Sava, whose architecture represents the Communist-era, and is the home of the Kalemegdan Park, an ancient fortress held successively by the Roman, Byzantine and Ottoman empires. Health care system in Serbia is based on universal health coverage. As far as the real estate prices are concerned, The price of one square meter range from $1532.94 to $2326.07. When it comes to food, Serbs are known as gourmets and snaps lovers, and  food here is mostly organic and quite cheap. For example, 1l of milk costs $1 Loaf of Fresh White Bread (500g) is $0.3, and Chicken Breasts (Boneless), (1kg) cost around $6. For those who have their own car, the price of gas goes around $1.32 for petrol, and around $1.34 for diesel. If you are more interested in using the public transport, it is well arranged and the prices in the capital city public transport for one way ticket is around $0.69, while the 24hour ticket costs $2.64 and is more cost effective. All things considered, with the average Serbian salary being around $280, you pretty much get the idea of how would your retirement here mean that you will be able to live like a king.

Cheapest Countries To Retire In Europe - Serbia

Vladimir Nenezic/Shutterstock.com

There you have it, the 11 most cheapest countries to retire in Europe. All that is left to say in the end is that you have to look forward to your permanent vacation, and have in mind that this is the beginning of your second life and make the most of it where ever you decide to live.

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