Where can you retire with only $600 per month?

Are you dreaming of a comfortable retirement abroad but worried about affording it? With $600 per month, you can live in many exciting destinations around the world. From tropical paradises to cultural hubs, here are some of the best places to retire with only $600/month:

  1. Thailand: In smaller cities or rural areas, you might stretch this budget by sharing accommodations and eating locally-sourced meals frequently.
  2. Nepal: Particularly outside of tourist-heavy Kathmandu, living costs can be very low. Renting in small towns or villages offers affordable housing options.
  3. Cambodia: Cities like Siem Reap (outside peak tourism times) and Phnom Penh have lower costs for food and accommodations compared to more popular destinations.
  4. Laos: In places like Luang Prabang or Vientiane, living expenses can be kept minimal by staying in hostels or renting rooms in local houses.
  5. India: Certain rural areas or small towns offer very low-cost living arrangements. Sharing an apartment and eating homemade food helps keep costs down.
  6. Bulgaria: In smaller towns outside major cities like Sofia, it’s possible to find affordable accommodations and basic amenities within this budget.
  7. Romania: Outside of larger cities, rural areas have much lower living expenses. Consider renting in less developed parts for cheaper options.
  8. Ukraine: Particularly in smaller cities or rural regions, the cost of living is low, making it possible to live on a tight budget.
  9. Mongolia: In some rural areas, costs are minimal due to the traditional lifestyle and lower demand for housing and services.
  10. Madagascar: The cost of living can be very affordable in less developed parts, with inexpensive food and lodging options.

To make $600 per month work:

  • Housing: Consider sharing accommodation or renting a room in a local home.
  • Food: Focus on local markets, street food, and cooking at home to save money.
  • Transportation: Use public transport or walk instead of owning a vehicle.
  • Healthcare: Rely on basic health services that are affordable locally.

It’s important to note that living on such a tight budget requires significant lifestyle adjustments. Ensuring access to necessary healthcare and maintaining safety in less
developed areas can be challenging, so thorough research is crucial before deciding where to settle. Additionally, visa requirements may affect your ability to live
long-term in certain countries.