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Reply to "Living Overseas vs. in NOVA"
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[quote=Anonymous]I live overseas in a developing country, not a fancy European one. We are a family of 5. I analyzed my expenses and they are 40% less. The differences are mostly from lessons/tuturs/childcare for kids. $10 an hour vs. $40 an hour. Also from maid and gardening services and any other types of labor) $20 a day vs. $160 No state taxes. (Possibly no federal taxes for some, depending on your job) Lower rent for an equivalent home. There are other smaller savings such as food, clothing (warm climate only), gas (less driving), medical expenses, etc. This is an upper class lifestyle in Central America... I spent nearly $200K overseas. It would have been 40% more in Northern Virginia. For others that have lived overseas, what do you think? How much less did you spend? This is why retirees often choose to live abroad. [/quote]
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