This article takes a look at the 5 best cities where you can retire on $3,000 a month. If you wish to check out our detailed analysis on navigating early retirement challenges, you may go to the 25 Best Cities Where You Can Retire On $3,000 A Month.
5. Marbella, Spain
Insider Monkey Score: 13
Marbella in Spain is an attractive choice for retirees who long for a sunny climate, excellent healthcare, and lots of beaches. The city is considered a golfing paradise, having numerous world-class golf courses for enthusiasts. An individual retiree would need a monthly average of $2,546 to live here, spending the rest on healthcare insurance.
4. Puerto Vallarta, Mexico
Insider Monkey Score: 13
Nestled along the Pacific coastline, Puerto Vallarta is nothing less than a tropical paradise. Not only does it boast stunning beaches, but also has a vibrant cultural scene, modern healthcare facilities, and an established expat community. Monthly rent for a basic one-bedroom apartment is $500 on average, while a luxurious one can cost as much as $1,500 per month (on average).
3. Barcelona, Spain
Insider Monkey Score: 13
Home to Michelin-star restaurants, world-class cuisine, and a thriving expat community, Barcelona is one of the best places to retire in Spain. The city by the sea also promises a relaxed pace of life, beautiful beaches, and a pleasant climate. An individual retiree spends a monthly average of $1,288 on rent, and the rest is spent on utilities, groceries, healthcare, and entertainment.
2. Stuttgart, Germany
Insider Monkey Score: 14
Stuttgart is not just famous for its wine culture but also appeals to retirees because of its high quality of life, historical significance, and beauty. There are lots of parks and green spaces to enjoy here, and retirees can also explore the Swabian Alps and the Black Forest. As of October 2023, rent for a one-bedroom apartment costs $1,031 per month, and other monthly expenses such as utilities and groceries $2,000.
1. Vienna, Austria
Insider Monkey Score: 15
Retirees who wish to enjoy a high quality of life, a rich cultural heritage, and exceptional quality of healthcare can choose to retire in Vienna, Austria. The city is home to mesmerizing architecture, beautiful green spaces, and even a vibrant arts scene. An individual expat retiree can expect to spend $2,500 on overall cost of living, and an additional $500 for healthcare insurance.
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