5 Cheapest Places To Retire Abroad If You Speak English

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1. Penang, Malaysia

Insider Monkey Score: 40

Monthly Cost of Living: $752

Average Monthly Rent (1-bedroom): $253

The small tropical island of Penang is one of the cheapest places to retire abroad if you speak only English. From the best street food at roadside vendors to modern healthcare facilities and national parks and beaches, retirees can live their lives to the fullest here in Penang. English is spoken widely here. There is a strong expat community, so newcomers will find it easier to adjust to life on the island.

You may want to check out our detailed analysis on leaving the US and jump to 20 Cheapest Places to Retire Abroad if you Speak English.

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