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

1. Richmond

Insider Monkey Score: 13.33

Livability Score: 82

Average Rent: $695

IM Cost of Living: 73.8

Located in far eastern Indiana, Richmond is a small town that offers access to two major urban centers. It lies just over an hour from both Indianapolis and Cincinnati, thus allowing residents to have frequent access to big city amenities. Richmond offers a youthful energy, courtesy of the fact that it is home to several colleges and educational institutions such as Earlham College and Indiana University East. In addition, its cost of living is over 26% lower than the national average, while the average rental price is under $700. Thus, Richmond isn’t only one of the most enriching retirement destinations in the Midwest, but also the best place in Indiana for a couple to live on only social security.

To learn about other places in Indiana to live on only social security, you can check out our detailed report on the 15 Best Place in Indiana for a Couple to Live on Only Social Security.

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