6 Cheap Places to Retire Abroad
By: Michael Foster
Buenos Aires, Argentina
Although Buenos Aires is pricier than most parts of South America, it is still a bargain compared to most American cities. A one-bedroom apartment in a good neighborhood can be rented for less than $400 per month or bought for less than $70,000. Internet, cable and electricity combined rarely costs more than $100 per month. The city's comprehensive subway system and buses make transportation cheap. One ride on the subway costs 2.50 Argentine pesos (about 50 cents).
Health care in Argentina is a bargain, thanks to the country's public health care system and surplus of doctors. The quality and affordability of Argentina's medical services has led to a booming medical tourism industry. In 2011, more than 100,000 visitors came to Argentina to receive medical care, according to Argentina's National Institute of Tourism Promotion.
For most expats, the costliest part of Buenos Aires is dining in the city's European-style cafes, restaurants and night spots. While movies are relatively cheap in Argentina (a ticket costs less than $8 in most places), dinner out at a restaurant usually costs between $25 and $45. An espresso will cost around $2.50 and can be found in any of the city's thousands of small open-air cafes.
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