1. Roatán, Honduras: Best All-Round Budget Option

Why it matters: Choosing wrong could mean overspending your retirement savings by 30-50%.

  1. Housing: Rent a 1-bedroom beachfront condo for $600-$800/month
  2. Medical: Quality dental work at 40% US prices (my root canal cost $180)
  3. Transport: Scooter ownership ($1,500) beats taxis long-term
Pro Tip: The French Harbour area offers best value - I saved 30% vs. West End while keeping ocean views.

2. Isla Mujeres, Mexico: Easiest Transition

Why it matters: Cultural shock can derail retirement plans unexpectedly.

  1. Visa: Temporary resident visa requires $1,800/month income (easy for pensioners)
  2. Dining: Local taco stands serve $3 meals (my weekly food budget: $75)
  3. Community: 500+ English-speaking expats organize weekly meetups

3. Utila, Honduras: Dirt Cheap Island Living

Why it matters: Some islands appear cheap but have hidden import costs.

  1. Real Estate: Basic homes start at $50,000 (avoid overpriced "expat" listings)
  2. Utilities: Solar panels pay for themselves in 2 years (my electric bill: $15/month)
  3. Entertainment: World-class diving at 60% Bahamas prices
Warning: Limited specialist healthcare means travel to mainland for serious conditions.