This article takes a look at the 5 safest places to retire abroad for less than $3,000 a month. If you wish to read our detailed analysis on establishing a retirement living overseas, you may go to 17 Safest Places to Retire Abroad for Less Than $3,000 a Month.
5. Prague, Czech Republic
Insider Monkey Score: 62
Global Peace Index: 12
Environmental Performance Index: 65.2
Average Monthly Cost of Living with Rent: $1,541
Known as the ‘City of a Hundred Spires’, Prague is the capital city of the Czech Republic. The city boasts several architectural marvels, such as the Prague Castle and the Prague Astronomical Clock. Its well below $3,000 cost of living means that retirees have a budget left over for indulgences – whether that’s travel, retail, or luxurious food. Senior citizens can also visit the Prague Zoo or the Letna Park for a day out in the outdoors.
4. Coimbra, Portugal
Insider Monkey Score: 65
Global Peace Index: 7
Environmental Performance Index: 85.7
Average Monthly Cost of Living with Rent: $1,594
Another European pick, Coimbra in Portugal has come to be known as the ‘City of Students’ due to it housing the revered University of Coimbra. A small city, Coimbra is the perfect destination for senior citizens looking to escape city life and experience slower living. A close train ride away from Porto and Lisbon, retirees can easily take day trips to explore other areas of Portugal – great for the travel bug retiree.
3. Villach, Austria
Insider Monkey Score: 66
Global Peace Index: 5
Environmental Performance Index: 100
Average Monthly Cost of Living with Rent: $1,979
Our number three spot for the safest places to retire abroad for less than $3,000 a month is Villach in Austria. With an average cost of living that is under $2,000 and an impressive 100 Environmental Index score, Villach offers all that a retiree could possibly need. Surrounded by natural beauty and with thermal baths at Warmbad-Villach, there are plenty of outlets for relaxation.
2. Debrecen, Hungary
Insider Monkey Score: 69
Global Peace Index: 18
Environmental Performance Index: 60.6
Average Monthly Cost of Living with Rent: $1,054
Debrecen in Hungary holds our second spot for the safest places to retire abroad for less than $3,000 a month. Located in the Northern Great Plain Region, Debrecen is one of Hungary’s most culturally important cities. It boasts the Reformed Church, the Déri Museum, and the Pásti Street Orthodox Synagogue.
1. Nagoya, Japan
Insider Monkey Score: 75
Global Peace Index: 9
Environmental Performance Index: 91.8
Average Monthly Cost of Living with Rent: $1,329
A more affordable option in the otherwise expensive Japan, Nagoya presents itself as the perfect location for retirees wanting a Japanese retirement without breaking the bank. Senior citizens can find plenty to do in the city, including several museums, pachinko parlors, the Nagoya Castle, and the Legoland Japan Resort.
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