Monday, July 5, 2010

The Most Affordable Places to Retire



This was a fun article. Apparently the most affordable place in the world to retire is Cuenca Ecuador!!!

According to the article you can live in Cuenca Ecuador, on average, for $850 a month. Your expenses could look like this:

--Rent: $200
--Utilities and Internet: $120
--Groceries: $240
--Transportation: $40
--Health Insurance: $50
--Entertainment: $200

Plus, every day, you have the option of either experiencing a little of the local culture or you can get Canadian style groceries. The possibilities could be endless. Its nice colonial style town so the cultural sites would keep you busy for a very long time.

Just for fun, I looked up some of the housing prices in Ecuador. (Yes the is Coldwell Banker in Ecuador too) I was really surprised by the range in prices. Really the sky is the limit to how much or how little you want to spend on a home.

But ... if Ottawa is still the place for you don't forget to visit Ottawa Moves for all your Real Estate Questions.

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