I have been on an extended road trip in South Africa for the last 6 months and am considering moving to Paraguay or any other country with a cost of living comparable to Cape Town. I previously had stints in Romania, the Czech Republic, Slovakia, Greece and Turkey. North America and Western Europe are too expensive due to the weakening of the Rand.
I am a retired journalist and love travelling and meeting fellow expats.
I guess Uruguay is about as expensive as Cape Town, being the most expensive country to live in in South America. Cost of living in Paraguay is lower. Just do yourself a favour and learn some Spanish before moving, as English is close to useless in South America.
@rothphilip If you get a chance do come and have a look at Paraguay, plenty of unspoilt sights to see and all in a very low key way. As far as costs go it is a pretty inexpensive place to be and to explore. Do though make sure you get out to see the countryside. I have been here 20 years and would be happy to give a bit of guidance.