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.

15. Finland

cheapest countries to retire
Photo of Cathedral Near Buildings and River / @Tapio Haaja / Pexels

To be considered one of the cheapest countries to retire, we must consider not just the cost of living but the benefits this country offers its retirees.

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Finland consistently ranks high in global quality of life indices, offering retirees access to excellent healthcare, education, and social services.

Therefore, this is what you’ll get for an average cost of living of €900 to €1,800 per month.