5 Cheapest Places to Retire in Europe

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This article will look at the 5 cheapest places to retire in Europe. You may check out our detailed analysis on Europe’s real estate and it’s retirement options by going to 20 Cheapest Places to Retire in Europe instead.

5. Belgrade, Serbia

Insider Monkey Score: 36.5

Retirees love Belgrade for its cost-effective lifestyle, rich cultural heritage, and excellent cuisine. Its prime location in the heart of the Balkans makes it ideally located for weekend getaways to countries such as Hungary, Greece, and even Bulgaria. The cost of living is, on average, 45.8% lower (around $800) than in the United States.

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