In this article, we will discuss the 5 best places in Michigan for a couple to live on only social security. You can read our detailed discussion on retirement security & wealth gaps and see the 15 Best Places in Michigan for a Couple to Live on Only Social Security.
5. Holt
Insider Monkey Score: 11.33
Livability Score: 84
Median Rent: $1,150
IM Cost of Living Index: 88.3
Holt is located about 10 miles south of Lansing and is one of the best places in Michigan for a couple to live on only social security. It is home to Valhalla Park where residents can engage in sports such as ice skating and fishing.
4. Farmington
Insider Monkey Score: 11.37
Livability Score: 91
Median Rent: $1,095
IM Cost of Living Index: 99.0
Farmington is located in the suburbs of Detroit and has many attractions such as its historic downtown and the Riley Park Ice Rink. It is also the most affordable destination on our list in terms of rent.
3. Marquette
Insider Monkey Score: 11.77
Livability Score: 90
Median Rent: $1,688
IM Cost of Living Index: 88.0
Marquette has excellent healthcare, a dense suburban vibe, and outdoor locations that offer chances for skiing and trekking. Furthermore, housing costs, although higher than some of the other places on the list, are still relatively affordable, making it one of the best places in Michigan for a couple to live on only social security.
2. Frankenmuth
Insider Monkey Score: 11.78
Livability Score: 85
Median Rent: $1,800
IM Cost of Living Index: 79.2
Frankenmuth is famous for its Bavarian influence and culture. It is also the most affordable destination on our list in terms of cost of living. Since Frankenmuth is a popular destination among local tourists, there are plenty of excursions for residents to experience, including riverboat tours, a diverse range of restaurants, and museums.
1. Midland
Insider Monkey Score: 11.90
Livability Score: 84
Median Rent: $1,200
IM Cost of Living Index: 84.4
Midland is primarily renowned for being a hub for emerging technological innovation in Michigan. However, it is also famous for its mid-century modern architecture. In addition, it is home to a wide range of parks, allowing residents to have access to incredible forestry and riverscapes. In addition to a high quality of life, Midland is quite affordable. Its cost of living is over 15% more affordable than the national average, making it the best place in Michigan for a couple to live on only social security.
To learn about other places in Michigan to live on only social security, you can check out our detailed report on the 15 Best Places in Michigan for a Couple to Live on Only Social Security.
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