5 Best Places to Retire in South Korea

4. Gyeongju

Insider Monkey Score: 9

Known as the “Museum without walls”, Gyeongju is revered for its rich historical heritage. It is home to numerous UNESCO Heritage Sites, historic relics, royal tombs, pagodas, temples, rock carvings, and palace ruins; providing retirees with the perfect chance to relish Korea’s history. Apart from being the residence of Silla rulers for more than a thousand years, the city is also revered for its coastal lifestyle. There are many beautiful parks, lakes, and gardens to relish as well. The city also boasts modern healthcare facilities, is home to several educational institutions and universities, and offers a laid-back lifestyle to those who choose to call it their home. On average, the monthly cost of living for an individual retiree is $1,334.