10 Cheapest Latin American Countries to Live or Retire

Latin American countries are witnessing a high influx of expats and investors thanks to stable political systems and low cost of living. Countries like Costa Rica, Panama, and Argentina are very stable democratic societies with growing economies. Daily life in these countries will offer you plenty of savings, Overall, rent is within reach, cost of food and prices of property are based on what locals can pay, and chances are, you are better off financially than most locals. A mid-range lifestyle for a family of four in these countries can cost you anywhere between $1,000 to $3,000 per month, depending on which place you choose to reside. According to International Living all of the countries mentioned in this video are Safe and welcoming to foreigners, particularly retirees.
So here are the best cheapest countries in Latin America.

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