Cost of LivingUSA

Best Places to Retire on a Budget

Affordable retirement destinations where your savings and Social Security go further. These cities combine low cost of living with retirement-friendly amenities.

Showing 25 locations ranked by cost of living

1

Tulsa

OK

83.8 — Very Low
Rent: $850/moHome: $180,000Pop: 413K
2

Mobile

AL

84.2 — Very Low
Rent: $800/moHome: $150,000Pop: 187K
3

Knoxville

TN

86.5 — Very Low
Rent: $900/moHome: $260,000Pop: 191K
4

Huntsville

AL

88.2 — Very Low
Rent: $950/moHome: $270,000Pop: 215K
5

Columbia

SC

89.5 — Very Low
Rent: $1,000/moHome: $220,000Pop: 137K
6

Tucson

AZ

90.2 — Below Average
Rent: $1,000/moHome: $280,000Pop: 543K
7

Madison

AL

91.2 — Below Average
Rent: $1,100/moHome: $310,000Pop: 59K
8

Albuquerque

NM

91.5 — Below Average
Rent: $1,050/moHome: $290,000Pop: 565K
9

Pensacola

FL

92.5 — Below Average
Rent: $1,100/moHome: $260,000Pop: 54K
10

Savannah

GA

92.5 — Below Average
Rent: $1,100/moHome: $290,000Pop: 148K
11

Myrtle Beach

SC

93.5 — Below Average
Rent: $1,100/moHome: $280,000Pop: 36K
12

Jacksonville

FL

93.8 — Below Average
Rent: $1,200/moHome: $310,000Pop: 950K
13

Greenville

SC

94.5 — Below Average
Rent: $1,100/moHome: $290,000Pop: 72K
14

Cape Coral

FL

98.2 — Average
Rent: $1,350/moHome: $380,000Pop: 194K
15

Las Vegas

NV

98.5 — Average
Rent: $1,350/moHome: $390,000Pop: 642K
16

Orlando

FL

100.2 — Average
Rent: $1,450/moHome: $370,000Pop: 308K
17

Tampa

FL

101.5 — Average
Rent: $1,500/moHome: $385,000Pop: 385K
18

Phoenix

AZ

101.8 — Average
Rent: $1,400/moHome: $380,000Pop: 1.6M
19

Colorado Springs

CO

103.5 — Above Average
Rent: $1,450/moHome: $420,000Pop: 479K
20

Asheville

NC

105.5 — Above Average
Rent: $1,400/moHome: $400,000Pop: 94K
21

Virginia Beach

VA

105.8 — Above Average
Rent: $1,500/moHome: $370,000Pop: 459K
22

Charleston

SC

108.2 — Above Average
Rent: $1,600/moHome: $450,000Pop: 150K
23

Sarasota

FL

110.5 — Above Average
Rent: $1,700/moHome: $460,000Pop: 58K
24

Scottsdale

AZ

118.5 — High
Rent: $1,800/moHome: $620,000Pop: 241K
25

Naples

FL

125.5 — High
Rent: $2,000/moHome: $620,000Pop: 22K

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