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The cost of living in the UK is reaching astronomical levels. According to the Joseph Rowntree Foundation, we now need more than £1,600 a month in order to maintain even a basic standard of living. However, under proposals for the new flat-rate state pension, we'll be looking at a monthly income of £607.
Clearly life in the UK is going to be incredibly hard. However, a magazine has unearthed several places around the world where you can live in luxury on these sums. So where are you going to have to live?