5 cities in overseas paradise, where US retirees can live on $ 38 400 per year

For some people, the perfect retirement can happen in a remote overseas paradise.

Фото: Depositphotos

In these five cities abroad, retirees can live by spending less than if they lived in the United States, according to International Living report .

Comparison of cost of living was taken on the site Numbeo.com. Here are the prices for food in restaurants, the cost of fuel, transport, clothing and housing in 8500 cities. The site gives prices for rental apartments of different sizes in more and less expensive areas, as well as the price per square foot when buying it.

1. Medellin, Colombia

Known as the City of Flowers, Medellin offers an active lifestyle with spring weather throughout the year. Medellin is cheaper than in many US cities. A couple here can feel good with a budget from $ 1400 to $ 2000 per month.

According to Numbeo.com, the cost of living is 67 percent lower than in New York.

2. George Town, Malaysia

George Town is the multicultural capital of the Malaysian island of Penang. A couple can live there for $1500 if they really watch their expenses.

The cost of living in Penang, where prices are slightly higher than George Town, is 57 percent lower than in New York. Central three-bedroom apartment in Penang - 2 ringgit ($388) and 577 ringgit ($2100) in George Town.

3. Porto, Portugal

The second largest metropolitan area of ​​Portugal after Lisbon, Porto offers the charm of the Old World and the comforts of the First World. It is also a thriving business city with an international airport.

It's cheap to live here - the monthly budget for a couple is up to $ 1550. The cost of living index is 48 percent lower than in New York.

4. Panama City, Panama

You can enjoy an affordable, cosmopolitan life with many amenities - high-speed Internet access. Panama City has excellent air and water, strong infrastructure, top-notch amenities, and close proximity to the United States.

A couple can live comfortably in a rented three-room apartment in the central area for $ 1765 per month. In more exclusive residences, a monthly budget of $ 2890 will provide a more comfortable lifestyle. The cost of living index is 43 percent lower than in New York.

5. Montevideo, Uruguay

In Montevideo, there are many large parks, squares, tree-lined streets, sandy beaches and wide avenues. While the seven-mile coastline of the city does not actually have an ocean, it is very similar to the ocean.

Two people can live on $ 3200 per month by renting a one-room furnished apartment in Pocitos, the most popular area in the city. The cost of living index is 44 percent lower than in New York.

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