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

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8. Abilene, Texas

Monthly living budget: $3,854

Monthly average rent: $1,010 

Ranked eight, Abilene is home to over 124,000 people, and the livability score for it is 42. It is a great city for those who have an interest in history and culture, and the people are very friendly in this city as well. 

Note that the crime rates are relatively higher, so citizens need to exercise extra precautions to ensure safety. However, on the upside, Abilene has excellent healthcare, but it is slightly more expensive than the national average. The economy for Abilene is fine, and the weather is also more comfortable than the rest of Texas.

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