5 Best Cities Where You Can Retire On $5000 A Month

2. Vienna, Austria

Insider Monkey Score: 32

Average Monthly Rent: $1,209

Average Monthly Living Costs: $3,016

From classical architecture to its unique coffee house culture and affordable lifestyle, retiring to Vienna is no less than a dream. Seniors who decide to live here have access to abundant parks, green spaces, as well as excellent healthcare. It also plays host to a variety of community events, festivals, and markets throughout the year. The city’s rich cultural scene, along with its historical charm, makes it an ideal destination for retirees. American expats can gain a settlement permit to retire here.