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

2. McAllen, Texas

Cost of Living Index: 76.5

Livability Score: 74

Average Monthly Rent: $735

Average Monthly Groceries (per Person): $287

With a cost of living that is almost 24% lower than the national average, McAllen is an affordable retirement city that goes easy on senior citizens that are without an extensive retirement budget. Spanish architecture, interactive exhibits, parks, nature centers, and rich woodlands, McAllen offers a healthy mix of all. Truly a perfect retirement pick.