Say Goodbye to High Costs - Top 15 Affordable Cities for Retiring Abroad
Retirement is an exciting time for many people, but choosing the perfect location can be a daunting task. For Americans looking to retire outside of the United States, there are many factors to consider. Some of the most important factors include the cost of living, access to healthcare, climate, and culture.
In this post, we will explore the top 15 cities to retire outside of the United States. Each of these cities offers unique benefits for retirees looking to relocate outside of the United States. From low cost of living and high-quality healthcare to stunning natural beauty and vibrant cultural scenes, these cities have something for everyone. Regardless of which destination you choose, it’s important to research thoroughly and plan ahead to ensure a successful and fulfilling retirement abroad.
Happy Planning!
Lisbon, Portugal
The Algarve is a stunning region in southern Portugal that is known for its beautiful beaches, temperate climate, and low cost of living. The region is home to a significant number of expats, which makes it easy for older Americans to integrate into the community. The cost of living in the Algarve is approximately 40% lower than in the United States, making it an affordable option for retirees. In addition, Portugal has a high-quality healthcare system that provides affordable care.
Puerto Vallarta, Mexico
Puerto Vallarta is a beachfront town located on the Pacific Coast of Mexico. It is known for its warm weather, beautiful beaches, and affordable cost of living. The cost of living in Puerto Vallarta is approximately 50% lower than in the United States, making it an attractive option for retirees on a fixed income. In addition to its low cost of living, Puerto Vallarta has a strong expat community, which makes it easy for older Americans to make new friends and enjoy a sense of community. Puerto Vallarta is a very safe destination for expats, although tourists should obviously exercise some caution, it is a relatively small and quiet city where you rarely hear about violent crimes.
San Miguel de Allende, Mexico
Compared with other cities in Mexico, San Miguel de Allende is safe, often noted as one of the safest Mexican cities with its low crime rate score. San Miguel de Allende is a charming colonial town located in the central highlands of Mexico. It is known for its beautiful architecture, vibrant culture, and temperate climate. The cost of living in San Miguel de Allende is approximately 60% lower than in the United States, making it an affordable option for retirees. The town also has a large expat community, which makes it easy for older Americans to connect with like-minded individuals.
Valencia, Spain
Valencia is a beautiful coastal city in Spain that offers a high quality of life and a low cost of living. It has a mild climate, beautiful beaches, and a vibrant culture. The cost of living in Valencia is approximately 45% lower than in the United States, making it an affordable option for retirees. Spain also has a high-quality healthcare system, making it an attractive option for older Americans.
Cuenca, Ecuador
Cuenca is a picturesque colonial town in Ecuador that is known for its low cost of living, temperate climate, and stunning natural beauty. The cost of living in Cuenca is approximately 60% lower than in the United States, making it an affordable option for retirees. The town also has a large expat community, which makes it easy for older Americans to connect with others.
Medellin, Colombia
Medellin is a bustling city in Colombia that has undergone a remarkable transformation in recent years. It has a mild climate, a vibrant culture, and a low cost of living. The cost of living in Medellin is approximately 70% lower than in the United States, making it an affordable option for retirees. Colombia also has a high-quality healthcare system, making it an attractive option for older Americans.
Chiang Mai, Thailand
Chiang Mai is a beautiful city in northern Thailand that is known for its affordable cost of living, beautiful temples, and stunning natural beauty. The cost of living in Chiang Mai is approximately 60% lower than in the United States, making it an affordable option for retirees. The city also has a large expat community, which makes it easy for older Americans to connect with others.
Penang, Malaysia
Penang is a beautiful island off the coast of Malaysia that offers a high quality of life and a low cost of living. It has a rich history and culture, as well as stunning beaches and natural beauty. The cost of living in Penang is approximately 55% lower than in the United States, making it
an affordable option for retirees. In addition, Malaysia has a high-quality healthcare system that is affordable compared to the United States. The island has a significant expat community, which makes it easy for older Americans to connect with like-minded individuals and participate in activities that cater to their interests.
Algarve, Portugal
The Algarve is a stunning region in southern Portugal that is known for its beautiful beaches, temperate climate, and low cost of living. The region is home to a significant number of expats, which makes it easy for older Americans to integrate into the community. The cost of living in the Algarve is approximately 40% lower than in the United States, making it an affordable option for retirees. In addition, Portugal has a high-quality healthcare system that provides affordable care.
Valencia, Costa Rica
Valencia is a beautiful town in Costa Rica that is known for its stunning natural beauty, mild climate, and affordable cost of living. The town is popular among retirees due to its safety, friendly locals, and the availability of quality healthcare. The cost of living in Valencia is approximately 30% lower than in the United States, making it an affordable option for retirees on a budget.
Panama City, Panama
Panama City is a bustling metropolis in Panama that offers a high quality of life and a low cost of living. The city has a modern infrastructure, and it is home to many retirees from the United States. Panama City is an affordable destination for retirees, with a cost of living that is approximately 30% lower than in the United States. The country also offers quality healthcare services at a fraction of the cost in the United States.
Granada, Nicaragua
Granada is a historic city located in Nicaragua that is known for its colonial architecture, vibrant culture, and affordable cost of living. The cost of living in Granada is approximately 70% lower than in the United States, making it a budget-friendly destination for retirees. Nicaragua also has a public healthcare system that provides affordable medical care to its citizens and residents.
George Town, Malaysia
George Town is the capital city of Penang Island in Malaysia and is known for its multicultural community, historic architecture, and affordable cost of living. The cost of living in George Town is approximately 55% lower than in the United States, making it an affordable option for retirees. The city has a high-quality healthcare system that provides affordable medical care to its residents and visitors.
Montevideo, Uruguay
Montevideo is the capital city of Uruguay and is known for its beautiful beaches, rich culture, and low cost of living. The cost of living in Montevideo is approximately 40% lower than in the United States, making it an affordable option for retirees. The country also offers affordable healthcare services, and it has a high standard of living and a peaceful atmosphere.
Boquete, Panama
Boquete is a small town located in the mountains of Panama and is known for its natural beauty, mild climate, and low cost of living. The town is popular among retirees, with a significant number of expats living in the area. The cost of living in Boquete is approximately 35% lower than in the United States, making it a budget-friendly destination for retirees. Panama also has a high-quality healthcare system that provides affordable medical care to its residents and visitors.
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