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It is shockingly difficult to come back to the U.S. pricewise, Kyle said.
When they return to the U.S., he said, its staggering how expensive things are here.
Theydraw income from several rental properties and their retirement accounts.
Healthcare
One of the biggest changes to their budget has been how much they pay for healthcare.
Thats a shift from around $50,000 per year to more like $15,000 per year.
Mostly they havesome associated expensessuch as insurance, property taxes and other maintenance.
Property taxes in Portugal are significantly lower.
Commuting Expenses
Since Kyle and his wife are both retired, they no longer have commuting costs.
They dont typically have trouble staying under this budget for either form of eating.
Dining out is significantly cheaper in Portugal.
And this includes things like ordering fresh fish and a good bottle of wine.
They budget $1,500 a month for travel and another $750 per month for entertainment and recreation.
Electricity and Other Utilities
Electricity and other utilities are also significantly cheaper in Portugal.
They dont come to your house and pick it up.
You take your garbage to central receptacles that are on many corners in the neighborhood.
Arecent house callwith an exam and vaccinations was under $100.
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