Lifestyle Retirement

Top 13 Cheapest Countries to Retire (Best for Seniors)

best countries to retire
France, Cheap Place to Retire
Cityscape of Paris


For many, France seems like an expensive country that they could not retire to, but it is actually quite the opposite. When it comes to France, there are several very affordable areas that you can live that are the perfect mix of historical meets modern. There are countless villages that are home to beautiful cottages of all shapes and sizes.

  • The area is superior when it comes to food, offering the best bread, cheeses, fresh vegetables, and wines.
  • France has similar pricing to the United States, with many expenses actually being even more affordable.
  • The lifestyle is much slower than in the U.S. Great for those who have retired and want to relax.
  • France has an extremely high-quality healthcare system. Many move to the country for this healthcare system alone, as doctor’s visits are a fraction of the cost of other countries.

This is one of the more expensive countries to retire on our list, and you will need to make a bit more to live in France comfortably. In fact, most can comfortably live here for between $2,500 and $3,000 a month. Of course, if you want to live more lavishly, there are plenty of amenities and fun outings you can do in the country with extra cash.

Ireland, Country to Retire
Cliffs of Moher in Ireland


Taking a break from our more tropical destinations, let’s take a look at a country that comes straight from a storybook, which is Ireland. The country is more affordable than many think and offers some of the most amazing sights.

  • Even if you do not plan to retire here, visiting to view the amazing castles and historical sites is worth the trip.
  • Housing prices can range drastically here. Larger cities are far less affordable than their more rural counterparts.
  • If you want to retire here for less, look into areas like Emerald Isle and avoid larger areas like Dublin.
  • Hospitals and healthcare options in Ireland are often quite nice and highly rated.
  • You will want to pay for health insurance to cover extra healthcare costs. These insurance options are often more affordable than most U.S. plans.

There are several housing options in the country, including many rental choices. However, many quality and decent sized homes sell for around $100,000, fractions of U.S. costs.

Italy, Best Place to Retire
Fontana della Barcaccia and Spanish Steps at night in Rome


Adding to our list of amazing retirement countries is Italy. Truly there is not a country with a richer history and more beautiful views. If you want a place that offers rich culture, beyond amazing foods, and a great climate, this should be a top choice for you.

  • There are several areas in Italy to choose from, depending on where you want to call home. You can choose from beautiful sunny beaches or city areas.
  • U.S. retirees can enroll in the country’s national health care system. This can save you money. This national healthcare system is actually ranked second in the world!
  • Many consider Italy to be a rich and expensive country, but it can be very affordable.
  • You can find homes in smaller villages for only around $30,000. Many locations in Italy are so desperate for inhabitants, they’re practically giving houses away. This is practically impossible in the United States.
  • Apartments in larger cities are available for only around $600.
Malaysia for Retirement
Petronas Towers, also known as Menara Petronas.


Malaysia is an absolutely beautiful Asian country that is also very inexpensive to live in. The beaches here are absolutely stunning, along with rainforests that you just will not find elsewhere. Many retirees are calling Malaysia home and falling in love with this beautiful country.

  • Road signs in Malaysia are in both English and Malay, great for many retirees. This is because Malaysia has a British law system.
  • The unofficial language of the country is actually English. This means there is often a smaller learning curve and you can easily communicate throughout the country.
  • Malaysian healthcare is much more affordable than in other countries. The healthcare industry is of high quality and you will find almost any medical service you may need throughout the country.
  • The country offers several homes and apartments that are extremely low in cost. You can find apartments with sea and mountain views, along with beach rentals.

A family could live comfortably here for less than $2,000 a month. Of course, if you are a single retiree or a couple, this can be even less monthly.

Mexico, Places to Retire
Beach and waterfront promenade in Mazatlan, Sinaloa, Mexico.


If you want something more tropical, Mexico is a great choice with its crystal-clear waters and laid-back lifestyle. Though many have fears about Mexico, it is actually fairly low in crime rate and many cities are extremely safe with some of the most hospitable locals.

  • The country is great for tourist attractions and activities. You can also find areas that are more subdued for daily living.
  • There is something for everyone here. You can find beachfront homes, farmlands, small towns, large cities, truly anything you may want.
  • You can live a very, very affordable life in the country or you can live more lavishly in bigger, tourist cities.
  • If granted residency, you can sign up for the country’s national healthcare plan. This has improved greatly over time and keeps getting better.

If you have anywhere from $1,500 to $3,000 a month to live on, there is somewhere for you in Mexico. You will find a wide range of rental costs, with even beach front options costing fractions of U.S. homes.

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