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.

16. Costa Rica

cheapest countries to retire
Aerial of Jaco Costa Rica / @JodiJacobson / Getty Images Signature

Can you picture yourself living between seas, eating delicious food, and enjoying the rich nature around you? If you do, you can consider Costa Rica as your final destination.

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Costa Rica is known for its “Pura Vida” lifestyle, emphasizing a simple, stress-free, and happy way of life.

With a reasonable lifestyle, you can expect to spend between something around $1,500 per month to enjoy a life by the beach. 

Also, many retirees take advantage of educational opportunities to learn Spanish, take cooking classes, or engage in local crafts.