5 Best Places in Arkansas For A Couple To Live On Only Social Security

4. Malvern

Insider Monkey Score: 38

IM Cost of Living Index: 77.2

Median Home Price: $122,000

Average Rent (2-bedroom): $900

Livability Score: 61

Malvern, known as the Brick Capital of the World owing to its history in brick manufacturing, is brimming with small-town charm and ample recreational opportunities. Retirees can choose to whitewater raft and kayak at The Ouachita River Whitewater Park crossing through the city, visit the Hot Spring County Museum, or enjoy natural attractions like nearby Lake Catherine State Park.