Today we bring you the list of the most affordable international cities to retire, to help you find out where would be the best possible location to retire. When you are done with working, and ought to retirement, the relocating strategy might bring you pleasant and positive experiences, alongside savings and cheaper and better life. You would be surprised how different conditions and standards in countries around the world are.
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More affordable countries seem to be trending in people’s retirement plans; you sell your house, and relocate with your partner, and enjoy in the lovely surroundings of an exotic country that is way more affordable than you could’ve ever imagined. Take a look at 10 cheapest cities to live in the world for some great examples.
Let’s dive into our list of the 20 Most Affordable International Cities to Retire:
20. Dubrovnik, Croatia – $2700 per month
Perfectly fitted between mountains and the Adriatic Sea, Dubrovnik showcases history at its finest. One can have interesting and inspiring exploration tours throughout this rustic city, guarded by the medieval walls, containing UNESCO’s heritage sites. Cultural events are also attractive, as well as the possibility to explore the mountain area, and climb to the top via cable car. Average cost of living here can be up to $2700 per month, which is not that cheap as the rest of the cities on our list, but still it’s pretty decent and affordable. Especially if you’re planning retirement in couple.
19.Salamanca, Spain – $2500 a month
The European continent was always a superb option for retirees from the whole world. Even though it’s not like in Latin America or Asia, there are still some fine locations to retire to, suitable and affordable. Salamanca is known for its university, cathedrals, palaces and impressive square. Food lovers will love it here. Average one-room apartment can be rented for $1200, and food prices are cheap, starting from $1.30 for a pizza slice.
18.Puerto Vallarta, Mexico – $2129 per month
Colorful, lively, and full of pleasures. Puerto Vallarta will get under your skin quickly and easily, and it won’t come out. Natural beauty, combined with a small town atmosphere, warm kindness and friendliness of the locals will make you fall in love with this place.
With this amount of money monthly, you can live very relaxed and comfortable life in Puerto Vallarta. You can have a gardener, maid, and your own cook, and live great and lazy life.
17.Panama City, Panama – $1865 per month
Country in development, where you’ll get a fine dinner with a bottle of wine for around $30, and rent a two-room apartment for $800. A modern city with scenic surroundings, cheap living, and lots of attractions for retirees to enjoy, while having the relaxed life and no worries. You will find everything you’ll ever need in the Panama City.
16.Medellin, Columbia – $1800 per month
Flower paradise, where so many people come to retire in recent years, continues to provide lovely conditions for all ages; a peaceful place to spend time when you retire. People welcome you with great hospitality, thus making friends will be easy. Medellin is called “The City of Eternal Spring” because of the warm but not too hot climate. Your wallet won’t be thin in here, as the costs of living are much lower than in North America; with ~$1800 a month, you’ll have a two-bedroom apartment, all the needs covered, and even a maid or a cook.
15.Carcassonne, France – $1750 a month
Even though France is usually considered to be an expensive country to retire to, there are areas here that will prove the opposite. Southern France is the region, close to Spain border, where is always warm and fine weather. Countryside environment is perfect for strolls, exploration and relaxing. You’ll enjoy some good (and cheap) wine, cheese, and quiet and friendly town where you’ll feel like at home.
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14.Valletta, Malta – $1600 per month
Small island, south of Italy, beautifully placed climate-wise, Malta is a little piece of heaven. You get more than 3000 hours of sunshine yearly in Malta, how impressive is that? A three-bedroom apartment in Valletta costs around $850 monthly, and with $800 more, you’ll have all you need. You can rent that kind of apartment in capital, or a big house outside the city rush, and enjoy in natural surroundings and beautiful views. An exquisite place to retire.
13.Faro, Algarve, Portugal – $1500 a month
Costs of living in Portugal are among lowest in Western Europe Thousands of miles of golden beaches and beautiful crystal blue sea will provide you with your own little piece of paradise. The administrative center is the city of Faro, where you’ll probably going to land. Since this is a tourist location, one couple can live decent with 1500 dollars monthly. Everything above this price range goes to the luxurious category.
Imagine yourself retiring here. Amazing, huh?
12.Tralee, Ireland – $1500 per month
Even though Ireland is not considered as a cheap country to live in, Tralee is a bit different story. Found in south-west province – County Kerry, this town provides conditions for retirees to enjoy the life after work. Education, university, lots of nature and sport activities, fresh air, and good climate makes this town very desirable for living. And with the recession being around for last couple of years, there are some bargain places to be bought, and cost of living went low enough to enjoy with $1500 per month.
11.Cuenca, Ecuador – $1415 per month
By official data from many research works, it’s easy and affordable to retire to Ecuador, with the average cost of life around $17000 a year. Cuenca is found in highlands of Ecuador. With UNESCO’s heritage site and pleasant surroundings, it seems that a fine retirement awaits you here. A big community of expats know what places are good; choosing Cuenca, Ecuador is an affordable, and good decision to take.
10.Guam, Mariana Archipelago – $1200 a month
If you’ve ever visited Hawaii, and wanted to live there, but found out there are regulations and problems registering an asset, and the prices aren’t affordable, then you might think you’re in a bad luck. But, we have a solution, we suggest you to turn to Guam. Mariana Archipelago is in the western part of the Pacific is a perfect location for your piece of exotic retirement paradise, for around $1200 a month. Micronesian region has a warm climate, Pacific is amazing, and you’re in your corner of the world. A great choice for retirement.
9.Samana, Dominican Republic -$1155 /month
Another exotic destination on our list of affordable international cities to retire. You might not have considered north-east part of the Dominican Republic with your retirement plan before, but after this image and data, you might change your mind. Lovely Samana Bay can be your retirement destination where you can enjoy a comfortable life for the average of $1155 monthly.
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8.Cayo, Belize – $1000 per month
Offshore heaven, tax heaven, and retirement location of many people’s dreams -Belize. It is a tropical landscape country, with many natural attractions and stunning Caribbean Sea. Retiring to this location will give you peace, tranquility, and prosperity; one simply must visit this location in a lifetime, and retiring there is heavenly. And the best part is: it’s affordable. When you’re ought to move from the urban rush, this is the place.
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7.Dumaguete, Philippines – $1000 per month
Outdoor types will love it here. Beautiful ocean, lovely beaches, diving and snorkeling opportunities, and endless possibilities for hiking and exploring. “City of Gentle People” will embrace you with hospitality, and will give you access to the public library, the biggest in Philippines. Quiet surrounding is a perfect spot for developing meditation habit also, and with $1000 per month, you’ll live relaxed and comfortable life. Did we mention the great food as well?
6.Budapest, Hungary – $1000 monthly
Hundreds of expats and millions of travelers can’t be wrong; Budapest is amazing. Average price for one dollar is around 260 forints. That means that with $1000 you can live better than decent for one month, even in staggering Hungary’s capital. And it is well worth it, you can bet on that. Great cultural, historical, architectural monuments, exciting places to visit, lovely and friendly people, festivals and traditions, big markets and amazing food. Budapest is definitely one of the most affordable international cities to retire to.
5.Granada, Nicaragua – $995 per month
Nicaragua is one of the most beautiful countries in South American continent. Beautiful Pacific coastline, stunning Caribbean beaches, quiet and rustic city of Granada is a superb location for possible retirement. People are gentle, welcoming and friendly, and life here is pretty slow and easy. The weather is warm year-round, and low standards will feel good for your wallet. Many people who retire here choose to do voluntarily work to help out the community. That is a great way to fit in and have an interesting retirement.
A monthly budget of $995 will be enough for a relaxed lifestyle with no worries.
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4.Ipoh, Malaysia – $897 per month
Stunning sea and exotic life at every aspect; food, tradition, people, the way of life, and surroundings in Ipoh will make you feel happy for choosing to retire here. Friendly people, majority English speaking, lots of attractions and amusements – at fair and low prices. Food is diverse and tasteful. You’ll need a couple of years to explore and try everything that Ipoh offers. For $1000 a month, you will have a great life here.
3.Chiang Rai, Thailand – $750 per month
Small city, with beautiful surroundings, offers great escape from the modern urban life, and affordable conditions for relaxed days. If you’re up to nice weather all year long and beautiful lush yard with small white fence, then this is a place for you. The cultural shock will suppress relatively easy, and your wallet won’t be too thin. Fine and exotic food will keep you well fed. Surroundings will spoil you, and sounds of birds waking you up early will be mesmerizing; their Buddhist culture, and many temples here will inspire you. The budget of $750 will be enough for more than decent life in retirement here.
2.Nha Trang, Vietnam – $650 per month
A place with the lowest life costs in almost the entire world is called Nha Trang. If you have imagined moving to a place with a hot climate and low costs, then this is your ideal location. You can retire here easy and enjoy the ocean view for $350 monthly rent, and the lovely life with $650 monthly budget. Any extra money will make you feel like royalty. Especially at the dining table.
1.Battambang, Cambodia – $370 a month
The absolute winner in our list of affordable cities to retire to is Battambang. It is a second largest city in Cambodia, highly populated, but with a feeling of a much smaller city. Relaxed atmosphere, rustic colonial architecture, and quiet pace of the town will be easy to adjust to, and your expenses will be almost ridiculous. If you’re up for a quiet and mesmerizing, yet cheap and affordable retirement, this place is the best for you. The lowest cost of living earned Battambang first place in our list of 20 most affordable international cities to retire. With our ideas, you’ll definitely have a place for yourself in the world where you can spend your retirement days like a king.
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