The average cost of living in Panama is just over $1100 per month, including all basic facilities and utilities. Housing, water, gas, grocery, and even health insurance costs less than in the U.S. The country is predominantly Spanish-speaking, but most people are fluent in English, too, especially in well-populated areas.
Living in Dominica will cost roughly $1300-1400 per month, but the Caribbean country's low living cost and high quality of life will make you feel like you're worth a million bucks. Dominica is the best spot for expats who want to live in a predominantly English-speaking nation since the official language is English.
With just $1300 per month, Vietnam is one of the most popular destinations for retired expats. There, you can get everything, including housing, gas, groceries, electricity, heating, and even a commute. Although English isn't the official language, more than 50% of Vietnamese people are fluent in it.
South Africa is one of the cheapest places to live globally, with monthly expenses coming to less than $1,000. The rent and basic utilities are generally cheaper. South Africa is great for pensioners because the government doesn't require taxation, so most older folks can live a luxurious life.
Like Vietnam and India, Cambodia is also considered one of the cheapest destinations in Asia. You'll only need about $800-900 monthly to live a lavish life. If you bring home more than that, you'll be among the richest. Cambodia speaks Khmer as its official language, but it's a tourist-friendly destination, so directions, signs, and most things are labeled in English
With less than a thousand dollars, you'll feel like royalty. That's because $930 is all it takes to spend to your heart's content and still live a lavish life in Jamaica. Aside from its great living conditions, Jamaica is also an incredibly friendly nation, so older folks won't feel too lonely. Jamaicans commonly speak English, especially in areas with more expat residents.
Although Tagalog and Cebuano are the most popular spoken languages in the country, more than 14 million citizens speak English. The country is also a popular tourist destination, so it uses English extensively. Foreigners who settle in the Philippines won't have to spend more than $1000 a month to live comfortably.