This article takes a look at the 5 best cities where you can retire on $3500 a month. If you wish to check out our detailed analysis on navigating the post-pandemic housing boom, you may go to 25 Best Cities Where You Can Retire On $3500 A Month.
5. Lawrence, Kansas
Insider Monkey Score: 48
Median Listing Home Price: $317,000
Average Monthly Rent: $950
Cost of Living: 7% lower
Home to the University of Kansas, Lawrence offers retirees an enticing blend of affordability and intellectual stimulation. Retirees get to enjoy various outdoor recreational opportunities in its many parks, trails, and the scenic Clinton Lake.
4. Youngstown, Ohio
Insider Monkey Score: 48
Median Listing Home Price: $123,000
Average Monthly Rent: $775
Cost of Living: 25.6% lower
Another city revered for its affordable living costs and housing options is the city of Youngstown. The city has a rich history, and retirees get to enjoy numerous cultural attractions, museums, and historical sites. Moreover, parks and nature reserves provide the opportunity to enjoy the outdoors, as well as many activities such as hiking and golfing. Cost of living is 25.6% lower than the national average.
3. Hutchinson, Kansas
Insider Monkey Score: 48
Median Listing Home Price: $147,000
Average Monthly Rent: $548
Cost of Living: 27.3% lower
Home to a friendly and close-knit community, Hutchinson is a nice place to retire in Kansas. The city offers various cultural amenities, including museums, art galleries, and community events. The pace of life is relaxed here. Its charming neighborhoods, cultural events, and proximity to outdoor attractions like the Cosmosphere and Dillon Nature Center add to the appeal of retiring here. Moreover, the city’s friendly residents and diverse amenities contribute to an enjoyable retirement experience.
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.
1. Green Bay, Wisconsin
Insider Monkey Score: 51
Median Listing Home Price: $225,000
Average Monthly Rent: $750
Cost of Living: 13.9% lower
Green Bay, Wisconsin is one of the best places to retire on $3,500 a month. The city offers retirees a high quality of life, affordable housing, and a cost of living that is 13.9% lower than the national average. It is revered for its picturesque landscapes, including the scenic shores of Lake Michigan and the nearby Door County Peninsula. Green Bay enjoys all four seasons. Moreover, retirees get to enjoy a mix of outdoor recreational opportunities, and enjoy its welcoming atmosphere.
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