20 Places Where $150K Is More Than Enough To Retire

12. France

PAU,FRANCE - AUGUST 30,2016 - In the streets of Pau . Pau is a commune on the northern edge of the Pyrenees.
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Pau is a smaller French city that's surprisingly affordable.

France isn’t the first destination you’d think of for a cheap retirement — but several of its smaller towns are known for their affordable housing.

The city of Pau, which sits near the Spanish border, has mild winters and summers, and a one-bedroom apartment in the center of town rents for around $531 a month. A good dinner for two costs about $53, according to Numbeo.

The lovely Mediterranean university town of Montpellier also is very reasonably priced. Renting a one-bedroom flat will cost between $500 and $700. Both Pau and Montpellier have great health care and hospitals.