22 Thrifty Retirement Spots with Affordable Options for Senior Bliss

13. Uruguay: South America's Stable, Cultured Gem

Often called the "Switzerland of South America," Uruguay offers remarkable stability and a high quality of life that surprisingly balances affordability with European flair. Retirees gravitate towards vibrant Montevideo or the charming coastal towns of Colonia del Sacramento and Punta del Este (off-season). Enjoy excellent healthcare, a robust public transport system, and a deeply democratic, secure environment. While not the cheapest on this list, its consistent affordability, sophisticated culture (including world-class beef and wine), and welcoming atmosphere for expats provide an unmatched value proposition for a comfortable, reliable South American retirement.