5 Best Southern Cities to Retire on a Budget of $1,500 a Month

3. Lynchburg, Virginia

Cost of Living Index: 80.9

Livability Score: 90

Average Monthly Rent: $1,095

Average Monthly Groceries (per Person): $330

Our top three spot for best Southern cities to retire on a budget of $1,500 a month goes to Lynchburg in Virginia. Full of African-American history and with an active art community, senior citizens can find new interests to busy their days. They can also make do with a smaller retirement budget as Lynchburg offer a cost of living that is almost 20% lower than the national average.