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

2. Walnut Creek, California

Monthly living budget: $3,076 

Monthly average rent: $2,940

While Walnut Creek, California has a slightly higher cost of living, it offers its residents an upscale suburban lifestyle. The city’s low violent crime rate contributes to a sense of security for residents. Healthcare facilities in Walnut Creek are also good, with both accessible medical services and specialized care available.  

The local economy is also strong due to the city being a commercial shipping center for agriculture. The city’s Mediterranean weather provides warm summers and mild winters, great for outdoor activities and exploration. As compared to most other places in the state, Walnut Creek’s weather is more comfortable. Retirees in Walnut Creek can enjoy fine dining, cultural amenities, and the natural beauty of Northern California.