This article takes a look at the 10 best cities to retire on $3,500 a month. If you wish to check out our detailed analysis of the struggle of American workers, you may go to 51 Best Cities to Retire on $3,500 a Month.
10. University Heights, Ohio
Insider Monkey Score: 143
Cost of Living Index: 83
Average Rent (1-bedroom): $936
Median Home Price: $280,000
Livability Score: 89
Featuring a vibrant community atmosphere, convenient amenities, and a high livability score, University Heights ranks number 10 on our list of best cities to retire. Seniors can enjoy cultural events and activities at nearby universities, explore local parks and green spaces, and participate in community programs and social gatherings.
9. Champaign, Illinois
Insider Monkey Score: 144
Cost of Living Index: 81.1
Average Rent (1-bedroom): $1,029
Median Home Price: $160,000
Livability Score: 81
Boasting low crime, good walkability, and financial stability, Champaign is another one of our top picks from Illinois. Its vibrant arts and culture scene, affordable housing options, and proximity to the University of Illinois at Urbana-Champaign, further adds to the appeal of retiring here.
8. Marietta, Ohio
Insider Monkey Score: 150
Cost of Living Index: 79.1
Average Rent (1-bedroom): $845
Median Home Price: $172,000
Livability Score: 80
Seniors seeking the best balance between tranquility and affordability can choose to retire in Marietta. Residents can explore the city’s historic landmarks and museums, enjoy outdoor activities like boating and fishing on the Ohio River, and participate in community events and festivals.
7. Washington, Pennsylvania
Insider Monkey Score: 151
Cost of Living Index: 90.1
Average Rent (1-bedroom): $768
Median Home Price: $168,500
Livability Score: 82
Low rents, affordable housing, and a great livability score mean Washington is another desirable retirement destination to consider for one’s golden years. Seniors can explore the city’s historic downtown district, visit local parks and recreational areas, and attend cultural events and performances nearby.
6. Manitowoc, Wisconsin
Insider Monkey Score: 155
Cost of Living Index: 75.4
Average Rent (1-bedroom): $633
Median Home Price: $173,000
Livability Score: 78
The scenic waterfront location, low cost of living, and great livability score make Manitowoc another nice destination to consider retiring to. Seniors can enjoy leisurely walks along the Lake Michigan shoreline, visit local museums and art galleries, and simply relish the budget-friendly lifestyle.
5. Johnstown, Pennsylvania
Insider Monkey Score: 161
Cost of Living Index: 75.7
Average Rent (1-bedroom): $729
Median Home Price: $90,000
Livability Score: 77
Deemed one of the most affordable cities to retire, Johnstown makes it to our top five picks for retirement on a budget of $3,500. This city is an amazing place to enjoy low rents, a good quality of life, and ample healthcare and entertainment.
4. Akron, Ohio
Insider Monkey Score: 161
Cost of Living Index: 80.8
Average Rent (1-bedroom): $800
Median Home Price: $128,000
Livability Score: 80
Numerous sources have awarded this Ohio destination called Akron as one of the best and most affordable places to retire to. Seniors can explore the city’s cultural attractions and museums, enjoy outdoor activities like hiking and golfing in nearby parks and nature reserves, and attend concerts and performances.
3. Erie, Pennsylvania
Insider Monkey Score: 165
Cost of Living Index: 80.8
Average Rent (1-bedroom): $838.00
Median Home Price: $160,000
Livability Score: 82
Erie is a perfectly relaxing getaway retirement destination for folks who desire tranquility on a budget. Seniors get to enjoy the city’s beaches and waterfront parks, visit local museums and art galleries, and participate in outdoor activities like fishing and boating on Lake Erie.
2. Waterloo, Iowa
Insider Monkey Score: 172
Cost of Living Index: 75.7
Average Rent (1-bedroom): $702
Median Home Price: $149,900
Livability Score: 80
One of the best Midwest cities to retire to, Waterloo is both welcoming and affordable for retirees. The city’s many beautiful parks, golf courses, and cultural attractions like the Grout Museum District add to its appeal.
1. Tiffin, Ohio
Insider Monkey Score: 182
Cost of Living Index: 71.2
Average Rent (1-bedroom): $691
Median Home Price: $169,900
Livability Score: 83
The top pick for our list of best cities to retire on $3,500 a month is Tiffin, Ohio. Boasting a great livability score, affordable housing, and low rents, retiring to Tiffin can be an amazing experience for those on a budget. From enjoying leisurely walks along the Sandusky River and exploring local history at attractions like the Tiffin Glass Museum, there is plenty to do to keep busy.
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