Retirement in Uruguay
United Nations Program for Human Development has categorized Uruguay as the country with one of the highest standard of living in all of Latin America and the 32nd highest in the world.
There is an official encouragement for retired people to settle at Uruguay.
Cost of living: The cost of living for the middle classes is approximately 1500 dollars per month. But the cost of living in Punta del Este is 50% higher than in the rest of the country.
Medical Cost: Private medical plans, many private hospitals and emergency services are available all along Uruguay. The fee is on average U$S50, (American dollars) per month.