20 Cheap and Stylish Global Retirement Spots

Thiruvananthapuram, or Trivandrum as it used to be known, is the cheapest of the 549 cities ranked by Numbeo, with a one-bedroom apartment in the city centre going for an average of around $125 per month.

The capital of Kerala in Southern India, this tech hub is known for its beaches, green hills and tropical climate and is considered one of the country’s best cities to live in. So you really don't have to figure out how to retire with millions to live happily here.

Hoping you'll be able to retire at 50? A one-bedroom apartment in the city centre goes for around $140 per month, so life will be pretty affordable here. Choose an extra safe neighbourhood such as leafy Garden City and you’re within a short stroll from the banks of the Nile.

A one-bedroom apartment in the Georgian capital costs an average of about $271 per month, but the general cost of living here is low. Tbilisi is one of Europe’s safer cities, an up-and-coming tourist destination and is known for its healing mineral springs.

Yes, it's cheap, but you should still make sure to watch out for these signs you're going to retire broke.

Due to the weak peso, Mexico is dirt cheap at the moment, and a one-bedroom apartment in Guadalajara’s city centre costs about $209 per month. The home of mariachi music is renowned for its architecture and culture, and the climate is pleasantly subtropical.

Can't wait to get there? Try one of these Canadian jobs that let you retire early.

With its moderate Mediterranean climate, Tunis is perfect for shooting the breeze with a cool drink in your hand. A one-bedroom apartment costs an average of about $195 per month.

You may also like: the 10 best places for Canadians to retire.

Mérida is a popular health-tourism destination and its convenient location in the Yucatán means that from here, you can easily go on day trips to ancient ruins or tropical beaches. Monthly rent for a one-bedroom apartment is about $190. Just don't forget your packing list for Mexico.

Artsy and innovative Medellín regularly makes it onto the lists of best cities to retire to. With a one-bedroom apartment going for only about $213 a month, it’s very affordable too. Plus, follow our tips on how to save $1000 a month and you'll be able to retire in no time.

Located on the Mayan Riviera, Playa Del Carmen is all about beach life with some European flair. A one-bedroom apartment costs about $384 per month, and you’ll save heaps on the cost of groceries and dining out.

See more of the sunny, warm and cheap places to retire in the world.

With one of Mexico’s highest standards of living, Monterrey is youthful, progressive and the kind of place where retirement definitely won’t be boring. It won’t be expensive either, with a one-bedroom apartment in the city centre going for around $272 a month on average.

Want more? Don't miss the top 20 places to retire if you hate the cold.

Its inland location surrounded by mountains means that Skopje boasts a milder climate than many other Balkan cities. There are plenty of sights to see, including the breathtaking Matka Canyon near the city, and monthly rent for a one-bedroom apartment in the city centre averages about $241. So what if you don't have one of these jobs in Canada that pay over $200K!

Set in a lush green landscape among volcanoes and tea plantations, Bandung in West Java is a popular destination for weekenders trying to escape the heat of Jakarta. A basic restaurant meal here will cost you less than $1.50 and a one-bedroom apartment rents for about $160 per month.

For more retirement tips, don't miss the 12 costly mistakes that can ruin retirement.

If you prefer a cool climate and cultural pursuits, Saint Petersburg with its museums, world-famous ballet, and fairytale architecture is surprisingly affordable. A one-bedroom apartment will set you back about $493 a month if you live in the city centre but move to the suburbs, and you can bring down the rent to about $336.

See how this compares to the top 20 cheapest cities to live in Canada.

Cosmopolitan Cebu City is a major transport hub in the Philippines and offers everything from sandy beaches and nature to colourful festivals and colonial treasures. A one-bedroom apartment in the city centre costs an average of about $392 per month, and a beer doesn’t even cost a dollar.

See 10 more great places where you can retire for under $2000 a month.

A subtropical climate, great beaches, spicy food and cultural diversity make South Africa’s third largest city a retirement paradise. A one-bedroom apartment in the city centre goes for about $330 a month, but rents go up slightly if you move to the safer, leafier suburbs.

For more, don't miss the top 20 cheapest destinations for Canadians this winter.

Sprawling Lima has a mild climate and boasts a fascinating mix of old and new. Apartments here can range from $366 to $620 per month on average, depending on where you live, but a basic restaurant meal in this foodie paradise can be had for only about $3.50.

If retirement's on your mind, be sure to check out 15 retirement tax tips that'll save your nest egg.

You've been hoping to visit Thailand ever since Survivor: Thailand aired, right? Not nearly as frenetic as Bangkok, Chiang Mai will allow you to retire in laid-back style. A one-bedroom apartment in the city centre will cost you around $293 per month while a basic restaurant meal is less than $1.50. From here you can work your way around the islands.

The island of Penang is a melting pot of cultures, and you’ll never get tired of the food. Make your base in a quiet fishing village, a beach resort or clean, safe George Town, where a city-centre one-bedroom apartment costs only about $248 a month.

Just don't make these 12 costly mistakes that can ruin your retirement before you have a chance to get there.

While a one-bedroom apartment in Prague’s city centre will set you back about $571 per month, groceries and restaurant meals are inexpensive. Besides, you’ll get to live in one of the most beautiful cities in Europe.

If going abroad doesn't interest you, consider one of the top 20 best places to retire in Canada.

One of Brazil’s greenest and safest cities, Curitiba also has a milder climate than coastal cities like Rio. It’s cheaper too, with a one-bedroom apartment in the city centre renting for an average of about $323 per month.

Before it's too late, read up on what to consider if you want to retire early.

Seville is famous for food and flamenco in a Mediterranean setting. There’s plenty to do in this popular tourist destination, and it’s not nearly as expensive as you might expect, with a one-bedroom apartment in the city centre going for about $546 per month on average.

For more retirement tips and advice, don't miss the Slice.ca Money section.