11 Cheapest Countries To Retire In Europe

6. Montenegro

Cost of living per month: $1349.73

Price of fuel,  per liter: $1.44

Climate: -1°C to 6°C in January, and 16°C to 27°C in July

Montenegro is a small country in the Balkan, characterized by a narrow strip of beaches along its Adriatic coastline, medieval villages, and rugged mountains. The Bay of Kotor looks like a fjord, and is filled with fortified towns such as Herceg Novi and Kotor, as well as coastal churches. The Durmitor National Park encompasses glacial lakes, 1,300m-deep Tara River Canyon, limestone peaks, as well as wildlife that includes wolves and bears. When talking about the cost of living in Montenegro, the price of the monthly supply of food there costs around $700, while for a monthly rent you will have to pay from $283.16 to $468.10. The climate in Montenegro is perfect for anyone, since it is very mild and Mediterranean, with average temperature in summer of 27,4 °C, maximum sea temperature of 27,1°C and 240 sunny days per year. If you have imagined your retirement, by the sea, fishing during the day and sitting on the balcony and having a glass of wine while watching the sunset on the sea in the evening, then Montenegro is a perfect choice for you, and also a great fit for our list of 11 cheapest countries to retire in Europe.