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Retire on $37,000 a year in these five overseas cities

Retire on $37,000 a year in these five overseas cities

Quito, the first UNESCO World Heritage Site, has the best preserved historical center in all of Latin America, according to the Statons.

Quito has a number of livable suburbs, including Gonzalez Suarez, Parque La Carolina and Cumbaya, which the Statons say offers the closest approximation to a U.S. lifestyle in Ecuador — complete with chain restaurants and gated McMansion communities.

From museums to architecture, and art to theater, it has everything you’d expect in any big city. The cost of living is just a fraction of what it costs to live in North America. A monthly budget for a couple in Quito would run from $1,650 to $1,825 — a yearly total of $19,800 to $21,900. “You’d be hard-pressed to spend $37,000 a year there,” Staton said.

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