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The World's Most Affordable Places to Retire

Cuenca, Ecuador

(Thinkstock)
Cuenca is located just outside the El Cajas National Park, where the snowy peaks of rugged mountains rise up above mirrored lakes. UNESCO has designated the city a World Heritage Site, a distinction granted because of beautiful historical landmarks that include cathedrals, museums and parks. It a has distinctly European vibe reminiscent of Barcelona and Paris, and for American expats may bring to mind San Francisco.

Cuenca's beautiful natural setting and ideal climate -- temperatures average in the mid-70s year-round -- have attracted expats for years. The cost of living is low, and the city's school, health care and political systems are well run.

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