Costa Rica’s fame as a retiree destination is richly deserved. With a year-round tropical climate, modern cities, Caribbean beaches, Pacific coastline, rain forests, lush valleys and mountains, there is something for everyone (except freezing weather!)

And Costa Rica is becoming an environmental legend as well, well on it’s way to becoming a carbon-neutral country and preserving much of its most beautiful mountains and forests as national parks.This is why more than 20,000 U.S. expatriates already live in Costa Rica, enjoying one of the highest standards of living in Central America.

Compared with some other Latin American retirement destinations, Costa Rica isn’t the cheapest. There are countries like Ecuador, Nicaragua and Belize where the cost of living can be much lower.

But there are few countries as stable, friendly, and economically and technologically advanced as Costa Rica, and many expats don’t mind trading a few extra dollars for the benefits that this country offers when they retire to Costa Rica.

Depending on your lifestyle, you can retire in Costa Rica easily on $1,200 to $2,000 per month. Rents range from $500 to $3,000 per month for a large house with a large yard, depending on location. So you see that by shopping around a little, Costa Rica can be just as affordable as many other Latin American countries.

Source: International Living