Start Your Beachfront Retirement in 30 Towns Under $40,000 a Year

12. Volcán, Panama

Nestled near Panama's only volcano, Volcán offers tranquility amidst breathtaking scenery. With a population of just 14,000, it's a quaint farming community near the beach, perfect for those seeking peace and quiet.

Volcán Baru National Park and La Amistad Park boast stunning hiking trails through forests and jungles. As a remote village, speaking Spanish is essential, given the lack of English-speaking locals due to limited tourism.

Known as the "breadbasket of Panama," Volcán's volcanic soil yields nutritious vegetables and flowers for the entire country, resulting in cheap and abundant food. While Spanish is the primary language, expats frequent local bars, providing opportunities to connect with fellow English speakers.

Living comfortably on a budget of $1,514 per month is feasible for two people, making Volcán an appealing option for those craving a simple and affordable lifestyle amidst natural beauty.