As the cost of living continues to rise in the United States, many people are looking to international destinations that promise an affordable yet luxurious lifestyle. International Living’s 2023 report on the world’s best places to retire reveals surprising options beyond retirement havens.
unpack
These countries, known for their beauty and cultural wealth, have meager costs of living.
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- Uruguay
- Spain
- malt
- France
- Ecuador
- Colombia
- Portugal
- Mexico
- Costa Rica
- Panama
Uruguay
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Stunning landscapes, 400 miles of coastline and a temperate climate make Uruguay an attractive destination. With the cost of living in nearly half of the U.S. being $1,143, it’s an attractive option for those looking for affordability. Quality apartments can be found for around $526 per month, depending on the neighborhood.
Spain
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Whether enjoying the Costa del Sol or immersing yourself in Madrid’s cultural scene, Spain offers diverse experiences. A monthly cost of living of around $1,246 and first-class healthcare make it attractive. Historic charm, rich geography, and a reasonable lifestyle attract those ready to embark on an affordable adventure.
malt
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Despite its luxurious appearance, Malta surprises with a cost of living of $1,340 per month. Surrounded by the Mediterranean Sea, the island offers stunning views and a unique cultural mix. While rents vary, the affordability of goods and services increases Malta’s appeal.
France
With a cost of living of $1,451, France attracts those who want to sample world-famous cuisine and rich culture. The expat-friendly country with low-cost healthcare offers unique destinations and affordable villas. Whether you’re looking for fine dining or a country retreat, France offers an affordable European getaway.
Ecuador
Ecuador combines affordability, safety and a comfortable climate. A low cost of living of $785 a month attracts retirees and those seeking a pleasant lifestyle. The geographical diversity, from endless beaches to mountains, satisfies various preferences.
Colombia
Rich in biodiversity, Colombia has diverse landscapes, from the Caribbean coasts to the Andes Mountains. A cost of living of $546 per month makes it an affordable destination for expats. Beyond its natural wonders, living expenses in Colombia, including rent and food, are significantly lower than in the US.
Portugal
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With a cost of living of around $1,073, Portugal offers an affordable European option. Despite its size, Portugal exudes Old World charm and features coastal communities. Efficient public transportation and a rich cultural experience make it an attractive destination.
Mexico
Mexico, with a cost of living of $786 per month, is an expat’s dream, and its proximity to the U.S. Lush jungles, deserts, and affordable healthcare add to its appeal. The country extends beyond the tourist spots and offers a diverse and affordable living experience.
Costa Rica
Costa Rica
Costa Rica, with a cost of living around $1,000, offers an affordable tropical lifestyle. The friendly people, cost-effective healthcare, and warm climate make it an attractive option. Just a short flight from the southern US, Costa Rica offers an ideal balance of affordability and beauty.
Panama
Panama, which tops the list of best retirement destinations, is an economic paradise. With a cost of living less than half that of the US, $1,112, it offers a temperate climate and world-class beaches. The central location and minimal living costs make Panama a charming retreat for those seeking affordability.
Whether you dream of coastal living, European elegance or tropical paradises, these international destinations present a viable path to an affordable yet enriching lifestyle. Beyond retirees, people with a healthy savings account or those willing to take a budget-conscious approach can find their ideal retreat in these diverse and affordable places.
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Source: vtt.edu.vn