Cost Of Retirement by Country


JANUARY 2015:



MY CRITERIA FOR ESTABLISHING THESE COSTS WERE:

  • Eating Breakfast and Lunch from a Daily Menu in a Business District (or Inexpensive Restaurant)
  • Eating a 3-Course Dinner in a Neighbourhood Pub (or Mid-Range Restaurant)
  • Drinking 2 cappuccinos and 3 pints of beer a day in a Pub / Restaurant
  • Renting a 85-90sqm, 1-Bedroom, Furnished Apartment in an Expensive Area of town (or City Centre)
  • Including Utilities and Internet
  • Using Public Transport

All costs are in New Zealand Dollars (as a simple rule, divide by 2 to get Pounds Sterling).

COUNTRY AREA  MY RETIREMENT COST PER YEAR  MY RETIREMENT COST PER DAY  Expatistan / Numbeo Average  Expatistan  Numbeo
    New Zealand – Wellington Retire  $ 58,400  $ 160  $ 159  $ 179  $ 139
    Albania – Gjirokaster Retire  $ 27,375  $   75  $   61  $   70  $   51
    Belize – Belize City Retire  $ 34,675  $   95  $   78  $   86  $   69
    Bosnia – Mostar Retire  $ 23,725  $   65  $   53  $   62  $   43
    Bulgaria – Nessebar Retire  $ 23,725  $   65  $   58  $   67  $   49
    Cambodia – Sihanoukville Retire  $ 20,075  $   55  $   44  $   50  $   38
    Dom Rep – Santo Domingo Retire  $ 32,850  $   90  $   77  $   90  $   63
    Ecuador – Cuenca ??? Retire  $ 20,075  $   55  $   46  $   55  $   38
    El Salvador – San Salv. Retire  $ 29,200  $   80  $   66  $   97  $   35
    Guatemala – Antigua Retire  $ 23,725  $   65  $   56  $   62  $   50
    Honduras – Roatan Retire  $ 27,375  $   75  $   63  $   68  $   57
    India – Goa Retire  $ 14,600  $   40  $   32  $   41  $   23
    Macedonia – Ohrid Retire  $ 18,250  $   50  $   37  $   43  $   32
    Malaysia – Penang Retire  $ 23,725  $   65  $   62  $   87  $   38
    Malaysia – Malacca Retire  $ 21,900  $   60  $   51  $   70  $   32
    Mexico – Guadalajara Retire  $ 25,550  $   70  $   51  $   57  $   45
    Mexico – Cancun Retire  $ 32,850  $   90  $   74  $ 108  $   40
    Montenegro – Kotor Retire  $ 32,850  $   90  $   70  $   80  $   61
    Nicaragua – Granada Retire  $ 20,075  $   55  $   45  $   53  $   37
    Nicaragua – Corn Isles Retire  $ 25,550  $   70  $   55  $   55
    Panama – Panama City Retire  $ 29,200  $   80  $   71  $   80  $   63
    Philippines – Palawan Retire  $ 21,900  $   60  $   49  $   50  $   48
    Thailand – Tourist Island Retire  $ 21,900  $   60  $   49  $   50  $   48
    Vietnam – Phu Quoc Retire  $ 18,250  $   50  $   40  $   40  $   40

Compare my figures with the International Living Retirement Index 2014.