10 Best Places to Retire in Florida on A Budget

5. Panama City – Lynn Haven – Panama City Beach

If you’re planning to move to this particular area, then you should know that the overall cost of living is 5 percent below the national average. Things are looking good when it comes to the taxes levels where what you’ll need to pay is actually 28 percent the overall average. Transportation costs are also some 6 percent below what other areas sport and a similar number is associated with healthcare costs too.

Housing costs are 7 percent above the national average, however, with the median price sitting at nearly $157,100 in this metropolitan area.