According to the Gobankingrates.com report. Costa Rica is #24. In the United States, according to GOBankingRates.com, the average Social Security check of $1,349.25 a month falls short of the average cost of living of $1,699.76. https://qcostarica.com/25-countries-where-your-pension-check-goes-furthest-costa-rica-is-24th/
There is not a country cheaper than Costa Rica where I would want to live. I have a friend that went from CR to Ecuador, but it is a lot colder than I like. She sends pictures of what she eats in restaurants that are cheaper, but a lot of weird stuff that I would never eat.
If there is another country that you think is better and cheaper, then after you actually live there, get on that countries blog and promote it.
I copied and paste the link but I couldn't find the article. I don't know in which place they rated Portugal this time but the tourists who come here and who also spend a few months there are always asking me why we are not there. The cost of living is much lower than here and rents as well. What I find more expensive than here is real estate for sale. There is no reason for people to be offended if there are other countries that got a better rate than Costa Rica. Bryan Adams and Madonna chose Portugal. Brian Adams even votes there. They didn't choose Portugal because of the low cost of living since they have a lot of money but because they genuinely love the country.
I don't think that Costa Rica will make the list of 25 next year because of the new tax laws that went into effect July 1st. The simplest way to explain the changes could be through a modest explanation: all goods and services will experience an increase of 13% sales tax. This increase in the cost will be absorbed by consumers. Nevertheless, it is not that simple to apply, implementation of all aspects on the new law become a bit more complex for expats, corporations, property, and income tax on capital gains. The next time that you consult with a lawyer in CR, you will be charged 13% tax on top of their fees.
Pura Vida I know a lot of people who are dissolving their corporations and others are selling their property. Some of my friends sold it before the new law came into effect. There are also families applying for Permanent Residency that I helped with by giving them all the information and now they have come to the conclusion that it;s better for them to rent here than to buy.
Is it possible to have an article like the top 25 cities in CR where your Social Security goes the furthest? I could be entirely user input based. : ) CR is my choice, just not sure which cities offer the most bang for my buck.