5 Most Affordable Places to Retire in the World

4. Kumasi, Ghana

Insider Monkey Score: 42

Average Monthly Rent: $266

Average Monthly Living Expenses: $994

Retirement Visa: None, Apply for a Dependent Residence Permit

Kumasi, known as the cultural capital of Ghana, is another one of the most affordable places to retire in the world. Retirees get to experience a vibrant and culturally immersive experience here, enjoying the city’s affordability and community atmosphere. Kumasi also has adequate health facilities to offer retirees.