5 Affordable Places to Retire Outside the US for $2,000 a Month

3. Tagaytay City, The Philippines

Insider Monkey Score: 50

Quality of Life Rank: 37

Average Monthly Cost of Living: $631

Average One-bedroom Rental: $270

Set on the island of Luzon in the Philippines, Tagaytay is a popular holiday destination. However, with its low cost of living, mild climate, and access to nature, the city can also function as a commendable retirement spot. Residents can visit the Tagaytay Picnic Grove, the Pink Sisters’ Convent and Chapel, and the Robinsons Tagaytay shopping mall. They can also indulge in authentic Filipino cuisine – including tapa and adobo – at various eateries across the city.