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

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6. Midland, Texas 

Monthly living budget: $3,705 

Monthly average rent: $1,340

Located in the heart of the Permian Basin in Texas, Midland requires only around $3,705 for a person to live comfortably in the city. Midland is a vibrant and lively city with a low crime rate and a safe community. Aside from that, the city scores well under the health conditions, economy, and weather domains as well. Plus, there are many recreational opportunities in the city and places to visit like the Museum of the Southwest, Beal Park, and I-20 Wildlife Preserve. 

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