5 Cheapest Beach Towns to Retire in the US

2. Michigan City, Indiana

Insider Monkey Score: 69

Cost of Living Index: 81.6

Average Monthly Rent: $750

Median Home Price: $161,697

Located on the south shore of Lake Michigan, Michigan City is revered for its serene lakeside charm, picturesque Lake Michigan beaches, and welcoming community. Striking the right balance between natural beauty and local amenities, retirees can enjoy a tranquil waterfront lifestyle here, relishing outdoor activities as well as the cultural offerings of the region.