One
of Budha temples in Indonesia
We
have talked about of cost of living index at previous post: What Indexes should be Considered to Find Retirement Countries? - part 1 | Tanza Erlambang Update
Another
important index to considered as cheaper place is local purchasing
power index.
This
index refers to the power to purchase (goods and services) based on
local salary, then, the index is compared to USA (New York).
As
an example, country with local purchasing power index 45 means that:
-
people of that country can afford to buy 45% good than their peer in
New York, USA.
Moreover,
Marlene Satter (2019) wrote article about “15
Cheapest Countries for Retirement (Some of Which May Surprise You).”
6
of them are following (may not in order):
1.
Sri Lanka
-
Cost of living index is 30.24 and Local purchasing power index is
17.36
2.
India
-
Cost of living index is 24.17 and Local purchasing power index is
17.15.
3.
Malaysia
-
Cost of living index is 39.38 and Local purchasing power index is
22.75.
4.
Pakistan
-
Cost of living index is 20.40 and Local purchasing power index is
15.42
5.
Columbia
-
Cost of living index is 30.15 and Local purchasing power index is
22.46
6.
Indonesia
Other
countries considered cheaper are: Philippines, Mexico, Vietnam,
Serbia and Bulgaria.
Have
you planned to retire overseas? Where?
This is some great information, it's very interesting too. It is good of you to share this with us, thank you for doing that.
ReplyDeleteMerry Christmas & Happy New Year to You!
many options to retire....Merry Christmas & Happy New Year to You!
DeleteThank you to visit:
What Indexes should be Considered to Find Retirement Countries? - part 2
-
One of Budha temples in Indonesia
What Indexes should be Considered to Find Retirement Countries? - part 2
DeleteI like it in Canada, although it is cold.
ReplyDeleteI see....some friends migrate to Canada....beautiful country
DeleteThank you to visit:
What Indexes should be Considered to Find Retirement Countries? - part 2
-
We have talked about of cost of living index at previous post: What Indexes should be Considered to Find Retirement Countries? - part 1
What Indexes should be Considered to Find Retirement Countries? - part 2
Deleteso beautiful :D
ReplyDeleteThank you to visit:
DeleteWhat Indexes should be Considered to Find Retirement Countries? - part 2
-
Another important index to considered as cheaper place is local purchasing power index.
Once again, those SE Asian countries are tempting! Philippines would be my choice. It would be such a long flight for our daughter, though. I suppose she could move with us. Mexico is an interesting idea. My wife would never go for it, though.
ReplyDeleteI see...god luck for you and yours
DeleteThank you to visit:
What Indexes should be Considered to Find Retirement Countries? - part 2
-
This index refers to the power to purchase (goods and services) based on local salary, then, the index is compared to USA (New York).
very interesting information 😃
ReplyDeleteRegards
Lili
Thank you to visit:
DeleteWhat Indexes should be Considered to Find Retirement Countries? - part 2
-
As an example, country with local purchasing power index 45 means that:
- people of that country can afford to buy 45% good than their peer in New York, USA.
No idea!!!!!!!!!
ReplyDeleteThank you to visit:
DeleteWhat Indexes should be Considered to Find Retirement Countries? - part 2
-
Moreover, Marlene Satter (2019) wrote article about “15 Cheapest Countries for Retirement (Some of Which May Surprise You).”
Perhaps, Canada. I always was fascinated by this country.
ReplyDeleteMerry Christmas to you and your loved ones!
I see....Canada is beautiful country, but cold....
DeleteThank you to visit:
What Indexes should be Considered to Find Retirement Countries? - part 2
-
6 of them are following (may not in order):
Thanks for the interesting post. ))
ReplyDeleteThank you to visit:
DeleteWhat Indexes should be Considered to Find Retirement Countries? - part 2
-
1. Sri Lanka
- Cost of living index is 30.24 and Local purchasing power index is 17.36
We would love to retire to another country for the adventure and more warmth. Maybe it will happen!
ReplyDeleteHope, come true....
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What Indexes should be Considered to Find Retirement Countries? - part 2
-
2. India
- Cost of living index is 24.17 and Local purchasing power index is 17.15.
Estupendo post! Muchas gracias por tus bonitas palabras en mi blog! Feliz Navidad! 🎄🎄🎄
ReplyDeleteMerry Christmas! 🎅🎅🎅
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3. Malaysia
- Cost of living index is 39.38 and Local purchasing power index is 22.75.
Interesting information! Don't think I'm leaving the USA! Hope you had a happy day!
ReplyDeleteThank you to visit:
DeleteWhat Indexes should be Considered to Find Retirement Countries? - part 2
-
4. Pakistan
- Cost of living index is 20.40 and Local purchasing power index is 15.42
I don't think I will retire overseas, but I wouldn't mind spending large amounts of time in countries like Vietnam.
ReplyDeletewww.thepulpitandthepen.com
I see...
DeleteThank you to visit:
What Indexes should be Considered to Find Retirement Countries? - part 2
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5. Columbia
- Cost of living index is 30.15 and Local purchasing power index is 22.46