This article takes a look at the 5 cheapest warm places to retire in the world. If you wish to check out our detailed analysis on climate change and retirement, you may go to the 18 Cheapest Warm Places to Retire in the World.
5. Medellín, Colombia
Average Monthly Cost of Living: $1,346
Average Hours of Sunlight Per Year: 2,598
Coldest Month (December): 73°F (Low) / 77°F (High)
Hottest Month (May): 65°F (Low) / 80°F (High)
Forbes deems Medellín, the city of eternal spring, as one of the most livable cities in the world. Retirees can live almost 50% cheaper here than in the US, enjoying affordable housing, utilities, rent, and even healthcare. The locals are friendly, the infrastructure is efficient, and there are ample green spaces to enjoy the outdoors.
4. Ubud, Indonesia
Average Monthly Cost of Living: $1,250
Average Hours of Sunlight Per Year: 2,598
Coldest Month (August): 73°F (Low) / 81°F (High)
Hottest Month (November): 77°F (Low) / 85°F (High)
Ubud, the cultural heart of Bali, is one of the cheapest warmest places to retire in the world. The beautiful town is home to fascinating culture, visually stunning landscapes, and a mild and comfortable climate. There is a thriving arts and crafts scene, a diverse culinary landscape, and even a bustling expatriate community.
3. Nha Trang, Vietnam
Average Monthly Cost of Living: $1,217
Average Hours of Sunlight Per Year: 3,098
Coldest Month (January): 71°F (Low) / 80°F (High)
Hottest Month (June): 80°F (Low) /90°F (High)
Nha Trang is home to a tropical climate, and an affordable cost of living. Retirees can access affordable healthcare options here, enjoy a range of outdoor activities as well as its modern amenities. The wide variety of restaurants makes it even more appealing for food enthusiasts.
2. Penang, Malaysia
Average Monthly Cost of Living: $1,200
Average Hours of Sunlight Per Year: 3,261
Coldest Month (January): 74°F (Low) / 89°F (High)
Hottest Month (May): 75°F (Low) / 89°F (High)
Penang, Malaysia is known for its beautiful beaches, affordable cost of living, and growing expatriate community. The healthcare system is well-developed, the culinary scene is delectable, and there is a rich tapestry of culture and traditions.
1. Chiang Mai, Thailand
Average Monthly Cost of Living: $1,200
Average Hours of Sunlight Per Year: 2,684
Coldest Month (January): 59°F (Low) / 85°F (High)
Hottest Month (April): 74°F (Low) / 97°F (High)
Embraced by majestic mountains, Chiang Mai is a beautiful place to retire to. Affordable healthcare services, a tapestry of rich cultural heritage, and a burgeoning expatriate community contribute to the city’s allure. The shopping and food scene is just as great, housing options very affordable, and the cuisine diverse and delectable.
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