Where Your Social Security Check Will Go the Furthest

Where Your Social Security Check Will Go the Furthest

The average Social Security check is only $1,413.08 in 2018, which means in the United States most people have to supplement that with other income. So you might want to consider living abroad, somewhere else where your money will go further. GoBankingRates shows us 25 places where your Social Security check will go further and how much money you’ll have left after expenses. 

The number one place on the list is Egypt. After expenses you’ll have $1,130 remaining. GoBankingRates says Egypt has the lowest average monthly housing cost at $157.70. Food and utilities are cheap as well. The second country on the list is India, where you’ll have $1,904 left after expenses. Monthly average costs are only $318.92. It’s the cheapest country to live in before retirement, too. Algeria is in the third spot. The Social Security payment remaining after expenses is $1,028. Besides its low costs, Algeria also has a number of historic sites like Roman ruins, that make it a good place to live.

For the entire list, go here.

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