Longing for a comfortable retirement – but worried you just won't be able to afford it? Relocating to a country with a cheaper cost of living can enable you to stretch your retirement nest egg that bit further, allowing you to enjoy the high life instead of simply scraping by at home. But the options can feel overwhelming, with many of the world's cheaper locations also home to high levels of crime and poor infrastructure.

With this in mind, we've narrowed it down to 10 low-cost countries that are considered safe by global standards and boast great weather, quality healthcare, excellent food, and more. We've ranked them by their average monthly living cost per person according to cost-of-living website Numbeo. This figure doesn't include renting or buying property, but we've included these figures too so you can get an idea of how much you're likely to spend.

Click or scroll on to discover the nations that tick all the retirement boxes ranked from least to most expensive.

All dollar amounts in US dollars, with all figures accurate as of June 2026. The right to retire in certain countries will depend on your circumstances and can be subject to change.

10 places where you can afford to retire in luxury