Retire Abroad on a Budget: 8 Cheap Places to Live Like Royalty (Without the Price Tag)

8. Colombia: Warm Weather and Even Warmer Prices

Colombia isn’t just about warm weather—it’s about living well on a budget. In cities like Medellín or Pereira, rent is low, and you can enjoy affordable meals for just a few bucks. A single person can live comfortably for about $1,200 a month, and couples can thrive on $2,000 for a two-bedroom home. What’s not to love?