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

4. Parker

Insider Monkey Score: 18

Cost of Living Index: 93.5

Average Monthly Rent: $2,000

Median Home Price: $288,000

Living on social security alone can be possible in many cities and towns within Arizona, one of which is Parker. Boasting a cost of living that is 6.5% lower than the national average, the city is known for its scenic location along the Colorado River. Retirees get to enjoy many water-based activities here, and can even explore the nearby national parks and natural attractions.