10 Places Where You Can Retire for $200K

3. Nicaragua

Nicaragua is a country in Central America and it is a beautiful one at that. Travel west to see gorgeous landscapes of lakes and volcanoes; and if you’re a beach person, the eastern coast is where you need to be! Although the official language is Spanish, English is pretty widely spoken, especially along the Caribbean coast.

Nicaragua has amazing weather throughout the year, thanks to its geographical location.

Living in Nicaragua

The cost of living in Nicaragua for a couple comes up to $1,200 approximately per month. Even if you want to live a life of luxury, you can get by with just $2,000! A month of groceries won’t set you back more than $300, a beer costs $1.25, and a full lobster meal is only $15.

They also have low-cost health care that is very good, especially in the Managua area. Some hospitals even have tiered pricing programs; for example, a person aged 41-50 would pay $50 per month, a 51-65 year old $61, and those over 65 pay $65.