5 Most Affordable Places to Retire in the World

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This article takes a look at the 5 most affordable places to retire in the world. If you wish to check out our detailed analysis on saving billions for retirees, you may go to the 25 Most Affordable Places to Retire in the World.

5. Yogyakarta, Indonesia

Insider Monkey Score: 40

Average Monthly Rent: $205     

Average Monthly Living Expenses: $537

Retirement Visa: Indonesia Retirement Visa (KITAS)

Yogyakarta is an affordable destination to retire to, offering a harmonious blend of culture and affordability. Some of the most significant historical sites can be found here, such as UNESCO-listed Borobudur and Prambanan temples. The residents are very friendly, and it’s quite easy to integrate into the community. There are several educational institutions as well, allowing retirees to engage in lifelong learning. The city also offers adequate healthcare facilities, an important prerequisite to consider for retirees.

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