Jamaica has been ranked the second-most affordable destination to retire in the Caribbean by publication The Travel.
Recommending the seven most affordable territories in the region for Americans to retire, the writer of the article uses the monthly average cost of living from the World Population Review, the total population size, according to Worldometer, and the percentage of the population living over 65 data from Knoema.
The Dominican Republic — the only Spanish-speaking country placing in the ranking — was first with an estimated monthly cost of living of US$711. With 11.4 million people living in the DR, 7.7 per cent of which have attained retirement age, it costs an average US$252 for a one-bedroom apartment.
The Travel recommends that retirees settle in the capital of Santo Domingo or resort cities such as Puerto Plata, Punta Cana, and Sosua.
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