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.

14. Mexico

cheapest countries to retire
Mexico Flag on Brown Building / @Genaro Servín / Pexels

Forget the negative things you used to hear about Mexico. It is possible to retire in this country with a great quality of live and cost-effectiveness.

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Luckly, Mexico’s proximity to the United States makes it convenient for retirees to visit family and friends back home or for family to visit them.

Also, you’ll be able to save a lot of money for your trips. The average cost of living for one single person in Mexico ranges around $1,000 per month.

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Published by on September 25, 2023

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