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

2. Pedasí, Panama

Pedasí, Panama, offers a serene escape from the hustle and bustle of Panama City. With its origins as a quaint fishing village, it now boasts a laid-back lifestyle embraced by both locals and expats. The beaches, though not the typical white sands, are renowned for their surfing opportunities, drawing enthusiasts from around the globe. The climate, with temperatures ranging from 75° to 93° throughout the year, provides a comfortable environment, less humid compared to the capital city.

Living expenses in Pedasí are remarkably reasonable. Many couples comfortably manage on a modest monthly budget ranging from $1,500 to $2,000. Everyday amenities like beer and hired help come at very affordable prices, adding to the town's appeal. Whether buying or renting, housing costs are accessible, with options to suit various preferences and budgets. Additionally, the parity between the US Dollar and the Panamanian Balboa simplifies financial transactions for expats.