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

2. Inverness

Insider Monkey Score: 21

Cost of Living Index: 87.8

Average Monthly Rent: $1,300

Median Listing Home Price: $250,000

Located in the scenic heart of Citrus County, Inverness appeals to retirees with its unparalleled charm. Boasting a reasonable cost of living and a range of affordable housing options, the city ensures residents can stretch their retirement income here. Nature enthusiasts especially find solace in the city’s proximity to lakes, rivers, and the Gulf of Mexico, enabling them to enjoy the outdoor life. There is a strong sense of community, with many events and social gatherings happening throughout the year. Reliable healthcare services, a small-town atmosphere, and a blend of cultural amenities make Inverness one of the best places to retire on social security.