4 Places To Retire Abroad Cheaper Than The US

Gene Caballero, co-founder of GreenPal, recommended Lima, Peru for Americans seeking a vibrant expat community and amenities akin to those in the U.S., but at a fraction of the cost.

“Lima is not only appealing for its lower cost of living but also for its enriched quality of life,” said Caballero.

In Lima’s upscale areas, a couple might live on about $2,000 to $3,000 a month, covering all expenses — “A stark contrast to major U.S. cities where rent alone can consume that budget,” said Caballero.

In addition, Lima offers an efficient public transportation system. The city has invested in buses and trains, including the Metropolitano Rapid Bus System and the Lima Metro, making daily commutes or exploratory trips convenient and affordable.

“Moreover, the warmth of the locals — combined with colonial architecture, ancient Incan sites and the Pacific coastline — makes Lima an attractive destination,” said Caballero. “So, for expats and retirees seeking both adventure and tranquility, Lima, Peru, stands out as a prime choice.”