In this report, I share a free tool for personalized overseas cost of living estimates. I demonstrate a tool that you can use to estimate your cost of living overseas based on your lifestyle and needs.
As you may know, I have reports on over one hundred of the best places to retire cheap overseas. Those reports have my cost of living estimates in them. But today, I am going to show you a tool you can use to get your own customized cost of living estimate. Why do you need an estimate different from mine you may ask? Let me explain.
Let’s say that my estimate is for two people but you want an estimate for one person or three persons. I will show you how to change the number of people for your estimate.
Or, let’s say I only need a 1-bedroom apartment, but you want a 3-bedroom house? I will show you that too.
Or, let’s say you want an estimated cost of living in a city somewhere in the world that I have not reported on yet.
Finally, let’s say that I was in the city gathering data 3 years ago and you want an estimate with more recent data.
Now I will demonstrate the tool so you can see it with your own eyes. But first, do you know what this tool won’t tell you? What it feels like and what it looks like to live everyday life in this city. For that, you are going to have to keep reviewing my reports and videos.
Personalized Overseas Cost of Living Estimates
In the above video, I show you how to use a free tool to estimate living costs based on choices you can make.
But, to fully understand what it would cost you to live here, you must do an exploratory visit, put your feet on the ground, and verify the cost of your personal lifestyle. What anyone else estimates doesn’t matter.
Never move anywhere until you have visited first personally to verify the living costs for your lifestyle and needs. During your personal visit, you must determine where you would rent, shop, eat, and, entertain yourself. Then add all of those costs to determine your personal cost of living for your lifestyle and needs.
I am not guaranteeing these prices or the accuracy of this third-party tool. Your costs will likely be drastically different depending on your lifestyle and the time since this post and only an exploratory visit by you can determine your cost of living here.
The following report gives examples of why living costs vary so widely.
This next report explains how to avoid coming home early with your tail between your legs.
Also, if you are going to try to retire cheap offshore, make sure to read this (Free) report, the Two Biggest Risks of Retiring Early for Cheap Offshore, which explains why you should have emergency funds available for unexpectedly large expenses. Finally, this report explains many other kinds of risks you assume when moving or retiring overseas that you may not have if you stay in your home country.