Cost-effective countries for Indians to enjoy a dream retirement
Numbeo has crunched the numbers and estimates that Greece's monthly cost of living for one person, excluding rent or mortgage payments, is $880 (£676). This is 26.3% cheaper than the average monthly cost of living for Australia
Rental prices in Greece are remarkably affordable. The average cost of a one-bedroom apartment located outside of a city centre is just $442 (£339) per month, which is peanuts compared to the cost of renting in most 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.
Although groceries cost slightly more here than in Greece, dishes in restaurants are still super affordable, with a meal at an inexpensive establishment costing less than $10 (£8). That means expats can dine out to their hearts' – and stomachs' – content.
When it comes to accommodation in Costa Rica, a one-bedroom apartment away from a city centre costs $533 (£409) per month to rent on average. Buying is probably a better option, given that the price per square foot is typically just $131 (£101) 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.
As calculated by Numbeo, the average cost of living per month (minus rent or mortgage payments) for one person is $785 (£603) in Croatia.