Most affordable destinations for a DREAM retirement
First up is Greece. The welcoming Mediterranean nation has much to offer senior expats, from its seemingly endless summers to fascinating archaeological sites and heart-healthy food.
Numbeo has crunched the numbers and estimates that Greece's monthly cost of living for one person, excluding rent or mortgage payments, is $875 (£692). This is 29% cheaper than the average monthly cost of living for Australia, as well as significantly less than the comparative figures
Rental prices in Greece are remarkably affordable. The average cost of a one-bedroom apartment located outside of a city centre is just $436 (£346) per month, which is peanuts compared to the cost of renting in the majority of major nations.
La pura vida ("the pure life") is abundant in Costa Rica and expat retirees can expect to be thoroughly spoilt in the country, which boasts jaw-dropping natural beauty, welcoming people, and warm temperatures all-year round, even through the rainy season.
When it comes to accommodation in Costa Rica, a one-bedroom apartment away from a city centre costs $470 (£373) per month to rent on average. Buying is probably a better option, given that the price per square foot is typically just $80 (£63) for a similar property.
Now one of Europe's premier sunshine destinations, Croatia has been winning over expat retirees in their droves. And no wonder: the country's clement climate, breathtaking azure coastline, historic cities, and lively restaurant scene are hard to resist.
On average, it costs just $475 (£374) per month to rent a one-bedroom apartment away from a city centre, with the comparative price for buyers typically $121 (£96) per square foot.
Most affordable destinations for a DREAM retirement