Fortunately, there are plenty of towns in the U.S. where you can comfortably retire on $2,500 a month, and I've put together a list of some of them so you can get an idea of some more affordable options. Best of all, many of these spots are hidden gems that aren't already super popular retirement spots, which means you may be able to get a good deal on a home if you decide to move.
While Nebraska may not exactly scream "dreamy retirement destination" to everyone, the state has a lot going for it. In fact, the state's website says that it began phasing out the taxation of Social Security benefits in 2022, allowing you to keep more money in your pocket when you retire.
Plus, Payscale says that food won't be too big of an expense, since groceries are around 2 percent below the national average, while housing is a whopping 23 percent lower.
Uniontown, Pennsylvania
Looking for a small-town feel in your retirement? You may want to head to Uniontown, Pennsylvania. The Senior Living blog says that just 9,554 people call this town home, and roughly 21.4 percent of them are seniors.
If you don't mind cold winters, Freeport, Illinois, is worth adding to your list. Not only can you call this town home for less than $2,500 a month, but the Senior Living blog says that you can do so with a large chunk of like-minded friends. That's because the town's population of 23,140 is largely made up of retirees, and about 22 percent are ages 65 and up.
Related: This State Was Just Named the Worst Place To Retire in the U.S.
Sebring, Florida
Enter, Sebring, Florida. According to Best Places, a single person can live here for just $2,300 a month. That's because the website says this spot is about 51.8 percent less expensive than the national average and 19.5 percent lower than the state's average. That includes everything from food to healthcare, which means you'll be able to live a bit more comfortably when you retire here.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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