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

Compare my figures with the International Living Retirement Index 2014.