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5 Best Countries To Retire Abroad in 2025: See How Much Each Costs
Written by
Gabrielle Olya
Edited by
Chris Cluff

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Some of us dream of living out our golden years abroad. Not only can this be an exciting opportunity to experience a new way of life, but it can also come with serious cost savings.
If you want to retire abroad this year, consider one of these senior-friendly destinations that have been ranked as the best places to do so by International Living, based on real-world costs, healthcare quality, climate, lifestyle options and expert opinions. All of these destinations can provide a high-quality life at a cost significantly lower than in the U.S.
Here’s a look at the top places to retire abroad in 2025.
Panama
- Estimated monthly living costs: $2,400 or $2,900 for a luxury lifestyle
- Tax on foreign-earned income: $0
- Property taxes: 0.5%
- Car insurance: $57 per month
- Retiree discounts: 25% off your power bill, 50% off movie and event tickets, 20% off medical consultations and medication, 25% off meals at restaurants
- Rent for a one-bedroom furnished condo: About $1,000
- Golf club membership: $350 a month
Portugal
- Average monthly living costs: $2,500 to $3,000 for a couple
- Rent: $1,300 to $1,500 per month
- Utilities (electricity, gas and water): $87 to $163 per month
- Two cell phones and high-speed internet bundle: $70 per month
- Groceries: $434 per month
- Private health insurance: $600 per month, covers 80% of expenses
Costa Rica
- Average monthly living costs: $2,500+ for a couple
- Rent: $550 to $900 per month
- Socialized healthcare: $110 per month
- Internet: $55 per month
Mexico
- Estimated monthly costs: $1,000+
- Rent: $500 per month
- ER visit: $350
France
- Estimated monthly budget: $2,000 for a couple, excluding rent
- Rent: $600 to $950 per month
- Cost to see a doctor: $26
- Cost to see a specialist: $85
- Groceries: $600 per month for a couple
- Cost for a 3-course gourmet meal: $36
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