This is an as-told-to essay based on a conversation for our Cost of Living video series with Debbie Welsch, 57, an American who retired to Bali with her 82-year-old mother. It has been edited for length and clarity.

My 10-year lease for my 1,100-square-foot house in Bali is $4,500 a year — that is $375 a month in rent.

The one caveat: I had to pay my landlord the $45,000 upfront.

I also had to budget around $3,500 a year for renovation costs, totaling $35,000 over 10 years. In total, my housing costs for a year average $8,000. The move was 100% worth it.

I moved from Los Angeles to Bali with my 82-year-old mom over seven years ago. Before I…

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