Where you can retire for $1,200 a month
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Yeah, that's what I was getting at. In 92, people could have been saying "Prague is the most awesome place to retire ever!" and in 10 years, things changed dramatically. Same across Eastern Europe. Of course an economy, currency etc are highly dynamic and ever changing and these conversations ignore those facts. Unless someone is only planning to live a few more years, I think the idea itself is highly flawed as you're well awareWell, to illustrate,
I'm pretty sure the costs of living here in Czech Republic (energies, rent, basic utilities, gas, grocery bill) nearly doubled as compared to 2001 or so.
There are several causes -
- constant increase in taxing of the consumption
- cartel on the telecomunication market
- cartel on the energies market,
- most expensive banking system in Europe
- currency rate of CZK / EUR often lowers the income for anybody relying on export
etc.
that of course brings also:
- constant increase in the rental prices
- constant increase in the price for one's grocery bill
etc. etc.
Not to mention that things like electronics or designer clothing are usually 30 - 100 pct. more expensive as compared to Western Europe
During the same time, the wages went up maybe 40 pct. (without taking into account inflation) and pensions practically won't pay for the food on your table, unless shared in a couple, or you live in your own property or, in the local case, more likely in a subsided place that you rent (the old model from before 1989 still applies).
Most expensive things and the major cost from the limited income most people have here are the basic costs of living.
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Yes, fewer illegal immigrants working equates to more job opportunities for American citizens.
RochardComment
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UUmmmm are we talking about just housing here because certainly you can't live in any of those countries with $1200USD including bills/food/etc... you would be living in poverty.
Especially if you changed the USD into Euros or GBP
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Panama is totally different from CR or Nic. You could live very nicely outside of Panama city for that, in a decent place, and have a decent, modest life. Also it's generally cleaner and much less crime.Yea and those people live like shit. I live in Costa Rica for a few years, have been to Nicaragua, while you could live there on 1200 it would be foolish.
I have a friend here in San Jose, CR who pays 300 usd/mo for a small 2 bedroom apartment, it's a cockroach den and hot as fuck, if you guys WANT to live like that, have at it? I pay 600 for a tiny Tico as fuck style 3 bedroom, I have no security, crack heads and bums ring my doorbell nearly every day begging, and it came completely unfurnished so then you get to deal with non-1st world priced appliances and furniture costs which is a bitch as well. After utilities and food I would be fucked on 1200/mo and I have a hood rich Tico neighborhood, definitely not 100% gringo quality living by any means.
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Michael Sperber / Acella Financial LLC/ Online Payment Processing
[email protected] / http://Acellafinancial.com/
ICQ 177961090 / Tel +1 909 NET BILL / Skype msperberComment
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Michael Sperber / Acella Financial LLC/ Online Payment Processing
[email protected] / http://Acellafinancial.com/
ICQ 177961090 / Tel +1 909 NET BILL / Skype msperberComment
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If that were true in Panama, then you would not be granted a Pensionado visa by the government simply by proving you have a pension worth at least $1,200 per month. At the $1,200 per month level the Panamanian government is ACTIVELY trying to get people to move there. The Pensionado Visa program includes all kinds of incentives to move to Panama, including breaks on healthcare, power bill, etc... I have been going to Panama about 8 times a year for years now, have lots of friends there, and will probably move there in the next couple of years. Obviously, I won't be going there with only $1,200 per month, but the point is that your post is incorrect. .
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.Michael Sperber / Acella Financial LLC/ Online Payment Processing
[email protected] / http://Acellafinancial.com/
ICQ 177961090 / Tel +1 909 NET BILL / Skype msperberComment
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Assuming you have a place to live for free, heating, electricity, a car, fuel, and some money for food.
It really depends on what standard of living you want to enjoy. $1200 a month here wouldn't be enough for someone who is used to living on more than $10,000 a month while working.
It would be fine for someone whose standard of living was around $2,500 in the US.
Most successful people when they reach retirement own their own house, children are gone, no debts of consequence. So take what you earn now and remove all those debts, then translate the living cost to the country you want to live in.
There's no way we could live on $1,200 here in Czech and we have no debts, own our house, car and no debts. One 10 year old to bring up and her and the dog have to steal food from dustbins.
Last edited by Paul Markham; 05-15-2012, 10:35 PM.Comment
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you could live easily in California in most cities for 1200 a month, just have to not be wasteful and you could do fine, standard of living would be fine
unlimited cell phone 40 a month
high speed internet 50 a month
ok studio apartment 500 a month
bicycle for transportation year round no snow, be healthier for it too
cook your own food you can eat great on 10 a day, food is cheap and fresh
if you are into junk food all the fast food places have dollar menus you could probably get fat on 10 a day eating out
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i'm sorry, but i'm 28 yrs old and can live with that money there (passive income...) without any problems..... probably my standards can go up if i will be 60 yrs old though ;-)
and btw. 1 eur = 1,27 $ today and it's getting lower
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Absolutely spot on.
There are students coming here to live and work, just for the experience. They know they will go home and soon fit in with the other people doing the same, many teach English. They can and do live on $1,200 a month. 21,000 CZK.
Rent is the biggest bill, then food, then heating, utilities etc. It's all fun and games and great when you're 18 to 25.
Would I want to do it at 60?
NO FUCKING WAY
Because as people are saying, the moment you want something more than the bear essentials, you need money. I would still be working if all we had was $1,200 a month to live on.
The upside of that is I would be here kissing ass.
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looks like everyone that post forget the word GOOD before Living.
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I love how some places advertise how cheap they are, but forget to mention quality. Equador advertises you can eat out for $8. A&W here regularly advertises a meal deal with coupon for 2 teen burgers, 2 fried and 2 drinks for $10...
They say a taxi ride costs about $2 (doubt it, gas ain't cheap anywhere, maybe $2 for a bike taxi but I doubt that too unless it's a very short ride) but buses here are $2.50 to anywhere in the city
they advertise you can get a 60 min massage for $25. I can get untrained people here easily for $25 a hour to give me a massage, the min wage is $10/hour
http://internationalliving.com/
maybe Canada is a third world country now.........na, our dollar is worth more than the American dollar.Last edited by SleazyDream; 05-16-2012, 08:24 AM.This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!
Now read without the word dog.Comment
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The amazing thing about this thread is the number of people who know how to live cheaply.Comment
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you could live easily in California in most cities for 1200 a month, just have to not be wasteful and you could do fine, standard of living would be fine
unlimited cell phone 40 a month
high speed internet 50 a month
ok studio apartment 500 a month
bicycle for transportation year round no snow, be healthier for it too
cook your own food you can eat great on 10 a day, food is cheap and fresh
if you are into junk food all the fast food places have dollar menus you could probably get fat on 10 a day eating out

Are you fucking serious? What about haircuts, medicine, etc. You are FUCKED IN THE ASS in California on 1200/mo. A $500 studio apartment with no electric bill will be a trailer park where you can get robbed or worse daily. You have no clue what you are talking about.
Last edited by xNetworx; 05-16-2012, 10:37 AM.Comment
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haircuts = $10 a month at a supercuts place
Are you fucking serious? What about haircuts, medicine, etc. You are FUCKED IN THE ASS in California on 1200/mo. A $500 studio apartment with no electric bill will be a trailer park where you can get robbed or worse daily. You have no clue what you are talking about.
example gated community with amenities $525 a month http://www.forrent.com/apartment-com...le/1022411.php
medicine is a tough one anywhere if you get sick with no insurance, but if you can treat yourself over the counter you can get most stuff for dirt cheap at walmart. if you need a doctor there are walk in clinics that will charge you $60 for a visit
such a life would require discipline and not wasting money on things like $5 lattes and $30 haircuts, but the point is that it was entirely possible to live on that in California if you really wanted to
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That looks pretty good, is this in Sanya?Yup. Haikou is shit though. If the international airport and bullet train didn't go there, I'd never have to pass through. Fuck I hate that city. And yeah, if you don't like living amongst 8 million people in Sanya, then it's definitely not for you lollol.
One other thing I forgot to mention with rentals here, they come fully equipped. TV(cctv & cable), Kitchen, Bedroom, pots/pans/kitchen sink, Internet, phone and so on. All included in the rental price, our apt, pics as follows is 76sqm.
Lounge/dining room & number 2 bedroom with sliding door.
Kitchen, door into bathroom/toilet & door into main bedroom
Main bedroom. Behind yellow blink is balcony with water front views.
All bedrooms have air con and internet/phone/power points.
Plenty of shelving in main bedroom.
Bathroom wash hands room. To the left is western toilet and shower behind sliding glass door.
This property was 2500RMB or $395USD per month. My wife tells me today we could of got it even cheaper for around 2000RMB pm, if we had signed the rental contract in the off-peak tourist season. Live and learn.
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