To determine the safest places to retirement for $2,000 or less per month, 1,002 Individuals aged 18 or older from around the country were questioned.
Respondents discussed their income, expenditures, and job stability. In certain cities, the results indicate that retirees can live comfortably with a budget of $2,000 or less.
A secure location for retirement
Finding a safe and affordable location to live is essential for retirees. In addition to wanting to extend their retirement funds, people also want to feel secure and at ease in their surroundings.
This study gives significant insights for retirees on a budget, as it identifies places and towns with a great quality of life that are also reasonable.
This will assist retirees in making relocation selections based on their unique needs and preferences.
Parma Heights, Ohio
- Monthly expenditures: $1,832.95
- 2022 one-bedroom rent: $905.78
- Livability: 76
- Monthly healthcare cost: $502.95
- Monthly grocery cost: $424.23
Farmington, Michigan
- Monthly expenditures: $1,794.60
- 2022 one-bedroom rent: $1,001.22
- Livability: 94
- Monthly healthcare cost: $363.01
- Monthly grocery cost: $430.36
Willoughby Hills, Ohio
- Monthly expenditures: $1,784.75
- 2022 one-bedroom rent: $974.11
- Livability: 74
- Monthly healthcare cost: $380.28
- Monthly grocery cost: $430.36
North Royalton, Ohio
- Monthly expenditures: $1,780.38
- 2022 one-bedroom rent: $962
- Livability: 67
- Monthly healthcare cost: $376.19
- Monthly grocery cost: $442.19
College Station, Texas
- Monthly expenditures: $1,726.84
- 2022 one-bedroom rent: $844.67
- Livability: 79
- Monthly healthcare cost: $457.51
- Monthly grocery cost: $424.66
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Neighborhood in which they have resided for decades
Aside from personal considerations, which may inspire some seniors to retire near to family or in a place where they have lived and worked for decades, the standard of living available to older people should be considered when determining where to settle.
The financial news website Wallet Hub assessed states in three categories: Affordability, Quality of Life, and Health Care, and concluded that Virginia, Florida, and Colorado had the greatest overall scores. Kentucky, New Jersey, and Mississippi had the lowest rankings.
