This article takes a look at 5 affordable places to retire outside the US for $2,000 a month. If you wish to read our detailed analysis on navigating the retirement period as a US citizen, you may go to 18 Affordable Places to Retire Outside the US for $2,000 a Month.
5. Chiang Mai, Thailand
Insider Monkey Score: 47
Quality of Life Rank: 34
Average Monthly Cost of Living: $647
Average One-bedroom Rental: $293
Our top five selection starts with none other than the majestic country of Thailand. Culturally rich, Thailand acts as the perfect retirement place for senior citizens who appreciate nature, different cultures, and good food – as all of these are readily available in the country. Within Thailand, our pick is the city of Chiang Mai. Popularly known as a hub of Thai handicrafts due to its variety of silverwork, pottery, lacquerware, and wood carving, Chiang Mai is a busy tourist area. Set in the mountainous north, the city hosts several Buddhist temples and still holds signs of its cultural and religious history.
4. Miskolc, Hungary
Insider Monkey Score: 48
Quality of Life Rank: 35
Average Monthly Cost of Living: $550
Average One-bedroom Rental: $384
A European university town, Miskolc in Hungary is home to the Miskolci Egyetem or the University of Miskolc. A large city, Miskolc carries with it all the amenities needed for comfortable living – along with plenty of leisure and entertainment options. Residents can visit the Diósgyőr Castle, the Miskolctapolca Thermal Cave Bath, and the Miskolc Zoo. Afterward, you can treat yourself to a delicious meal at the highly-rated Avalon Ristorante.
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.
2. Oradea, Romania
Insider Monkey Score: 52
Quality of Life Rank: 40
Average Monthly Cost of Living: $545
Average One-bedroom Rental: $313
Rounding off our top two pick is the Romanian city of Oradea. Set in the northwest part of the country, Oradea sees the Crișul Repede River flowing through it. An important city – in terms of economic, cultural, and social matters – Oradea carries stunning architecture that dates back to the time of the Austro-Hungarian empire.
1. Alor Setar, Malaysia
Insider Monkey Score: 56
Quality of Life Rank: 31
Average Monthly Cost of Living: $558
Average One-bedroom Rental: $305
Our best choice for affordable places to retire outside the US for $2,000 a month is Alor Setar in Malaysia. A slower, more laidback destination, Alor Setar is the perfect pick for retirees who appreciate suburban settings and the advantages they bring. Culturally rich, the city holds many leisure spots, including the Paddy Museum, the Aman Central shopping mall, and the Wat Nikrodharam Temple. Retirees can also visit religious sites such as the famous Masjid Wazir and the Masjid Al Bukhari.
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