Retirement: Online calculator helps you work out how much it could cost to relocate abroad | Personal Finance | Finance
Britons dreaming of moving abroad can look into the cost of relocating thanks to countries like Italy, Canada and Switzerland to a new online calculator from William Russell. The calculator factors in expenses like one-way travel, the cost of living and health insurance.
Supermarket essentials like milk, bread, eggs, fruit, veg and toiletries are cheaper in Italy than any other country on the list.
To fill a basket with the 17 basic items, it costs around £48.82 which is just over £20 cheaper than the equivalent in the UK.
Christopher Nye, chief editor at YourOverseasHome.com, said people have had enough of rising energy bills but jumping ship could be expensive in other ways.
“If you’re moving under the assumption that you’ll be getting more for your money, you could very well be jumping from the frying pan into the fire, as prices have shot up across the eurozone too.”
Top 10 countries to live according to the Global Retirement Index are:
- Portugal
- Mexico
- Panama
- Ecuador
- Costa Rica
- Spain
- Greece
- France
- Italy
- Thailand
- Colombia
