5 Best Places to Retire in South America

2. Medellín, Colombia

Insider Monkey Score: 7.7

Medellín, Colombia is a vibrant and bustling city revered for its scenic beauty, pleasant weather, and affordable cost of living. The cultural scene is quite vibrant as well, and there is plenty to do to keep retirees busy. Hospital Pablo Tobón Uribe is in this city, which enjoys international accreditation. On average, the monthly cost of living for an individual retiree is $829.