20 Cheapest Countries to Retire in the World

Retirement doesn’t have to mean financial stress. Explore the most budget-friendly countries to retire in our comprehensive guide, and start planning for a worry-free future. From tropical paradises to historic cities, find out where you can retire without breaking the bank.

11. Romania

cheapest countries to retire
Oradea city, Romania / @Adrian Catalin Lazar / Getty Images

If you choose Romania as a place to leave your retirement, you can expect to find a low cost of living and a naturally beautiful country. 

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You can live comfortably in one of the cheapest countries to retire with an average of $600 to $1,200 per month (plus housing).

Also, Romania is considered a safe country, with low crime rates and a stable political environment.