Top 5 Countries Where You Can Live Comfortably for $2,000 a Month

The thought of moving to a different country can be daunting, particularly if you’ve rarely left your home state. Yet, the allure of enjoying a higher quality of life on modest savings is a compelling motivator. More affordable international settings may allow you to bask in the lifestyle you crave, which might be less accessible in pricier places like the United States or Canada.

You might wonder which countries are both affordable and enjoyable to live in, especially concerning safety and healthcare as you age. Good news! I’ve done the legwork for you. Based on costs, healthcare, safety, and visa ease, here are five countries where you can live luxuriously for around $2,000 a month or less.

Italy

Italy is a country that needs no introduction, with its significant cultural, artistic, and luxurious historical background. Surrounding by France, Switzerland, and Austria, this Mediterranean peninsula offers a mild climate year-round. Italian cities offer varied experiences: Milan is a fashion hub, Rome is a lively metropolis, Florence showcases Tuscan art, and Naples provides a beachside escape.

While Italy’s tourist hotspots mean higher prices for food and apartments, moving to the suburbs or smaller towns can save you a lot. You can find a modern apartment for under $600 a month. Cafes offer excellent coffee for around a dollar, and fresh pasta dishes are about ten dollars. A glass of beer or wine starts at around five dollars. Italy also has an active nightlife, low crime rates, and an accessible healthcare system, with private insurance costing about $100 a month.

Panama

Panama might not be as famous as Mexico or Costa Rica, but it boasts similar tropical beauty and sandy coastlines on both Caribbean and Pacific sides. Panama City is modern and filled with shopping, dining, and entertainment. Balboa attracts thrill-seekers with its white water rafting and zip-lining options.

You can rent a city-center apartment or a full-sized house on the outskirts for around $800 a month, with reliable high-speed internet and other conveniences. While crime has increased, Panama City’s upscale areas remain safer than many U.S. cities. The ‘Friendly Nations Visa’ makes it easy for U.S. citizens to gain residency. Health care is reasonably priced, and private insurance premiums range from $80 to $200 a month.

Portugal

Portugal is known for its low costs compared to the U.S., making it a favorite among those looking to retire abroad. Lisbon, the oldest city in Western Europe, offers many museums and historical sites but is one of the more expensive areas. Smaller cities like Castelo de Vide are more affordable, with rents around $600 a month.

Beer and espresso are inexpensive, and a nice dinner for two will cost about $40. Portugal is politically stable and safe, with reasonable healthcare costs and private insurance ranging from $80 to $150 per month. The D7 visa program makes it easier for Americans to move by proving you’re financially self-sufficient.

Romania

Romania may not get as many tourists as Italy or Greece, but it offers a wealth of cultural and natural attractions. From the bustling city of Bucharest to the mystical province of Transylvania, Romania’s charm is endless. You can rent a one-bedroom apartment in Bucharest for under $500, and the countryside offers incredibly affordable food and wines.

Crime rates are lower than in the U.S., although police corruption can be an issue. Health care is available to those who contribute to social security, or you can get private insurance for around $80-$90 a month. Visa requirements for U.S. citizens have been changing, so check with a Romanian consulate before moving.

Spain

Spain is another fantastic option with its famously friendly people, beautiful cities, and endless sunshine. Popular cities for expats include Madrid and Barcelona, where you can find a one-bedroom apartment for less than $800. Groceries and dining are also affordable, making it easy to indulge in fresh local produce and wines.

Spain is safer than the U.S., particularly regarding violent crime, and corruption is rare. The healthcare system offers free services for those with social security deductions, but private insurance costs between $120 and $250 a month. To live in Spain, you’ll need to navigate their visa requirements, which are more lenient for those studying, working, or buying property.

Before making any big decisions, I recommend visiting these countries to experience them firsthand. Did I miss any favorites? Let me know which countries you think belong on this list!