5 Best Cities Where You Can Retire On $3500 A Month

2. Toledo, Ohio

Insider Monkey Score: 50           

Median Listing Home Price: $123,000 

Average Monthly Rent: $673     

Cost of Living: 25.6% lower

Retirees can stretch their dollar income by retiring to Toledo, Ohio. The city offers a range of cultural and recreational activities and has many museums, theaters, parks, and other attractions to explore. The cost of living is 25.6% lower than the national average. The city’s friendly community and diverse amenities contribute to a fulfilling and enjoyable retirement experience.