Ever since the coronavirus pandemic, prices for everyday items have risen dramatically in the United States. Although wages have increased, many Americans are reconsidering whether they can continue to earn enough to comfortably cover their costs. For retirees, the dilemma is even worse, as many live off a fixed income that doesn’t keep up with the pace of inflation.
In these scenarios, geographic arbitrage may be an option. In many parts of the world, lower housing costs, affordable healthcare and cheaper daily expenses allow Americans to maintain or even improve their quality of life on a much smaller monthly budget.
