10 Best Places in the US to Retire on $5000 a Month

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1. Palm Beach Gardens, Florida 

Monthly living budget: $3,048 

Monthly average rent: $2,390

Palm Beach Gardens, a city in Palm Beach County in the state of Florida, is one of the best places in the US to retire on $5000 a month, especially for those seeking a tropical retirement experience. While the cost of living is a bit high, the city’s monthly living budget is around $3,048 — rent inclusive. 

On the upside, Palm Beach Gardens is mostly safe for residents, with the violent crime rate being significantly lower than the national average. The healthcare facilities, and the overall city health conditions, are moderately good, sufficing the needs of retirees. The weather is less comfortable than most other places in Florida. However, the diverse economy of Palm Springs Gardens makes up for the city’s and it’s known for its upscale shopping, dining, and vibrant social scene. The livability score for Palm Beach is 51, which is significantly higher than the national level.

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