5 Best Places in Alabama for a Couple to Live on Only Social Security

2. Dothan

Insider Monkey Score: 71

Livability: 62

Cost of Living Index: 80.4

Average One-bedroom Rental: $688

Rounding off our top two pick is the city of Dothan. Located in Houston County, the city is financially favorable for retirees looking to live solely on Social Security income as it carries a cost of living that is 19.6% lower than the national average. The city’s rental figures are indicative of this, with average prices hovering below the $700 mark. As for activities, the city is famously known as the ‘Peanut Capital of Alabama’ and is host to the National Peanut Festival.