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.

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19. Spain

cheapest countries to retire
Island Village in Spain / @Cervusvir / pixabay

Spain’s extensive coastline along the Mediterranean and Atlantic offers retirees access to stunning beaches and coastal towns.

The average cost of living can go up to $2,000. However, Spain offers a high standard of healthcare services, with modern hospitals and well-trained medical professionals.

Additionally, Spain’s well-connected airports and train systems make it easy for retirees to travel within Spain and to other European destinations.