When a United States citizen begins to collect a retirement benefit, he or she must organize his or her monthly finances. This is due to the fact that the Social Security check does not have the possibility of increasing every month as it could happen with the salary as a worker. Therefore, having expenses under control is key and fundamental to have the best possible golden years.
In this sense, choosing the place where to spend your retirement is really important. Not in all cities you can live in the same way with just the Social Security check. That’s why knowing which are the best places to live without the need for extra income is a good way to have a better life.
Florida can be a fantastic destination for retirees who want to live in a warm climate. In addition, the prices of these Florida cities that we are going to see below are not very high. Therefore, any retiree who has a Social Security check of $1,500 per month will be able to move to one of these destinations. We are talking about a couple collecting an average paycheck of $1,500 per month.
If you’re thinking about making a move soon, check out the locations of these cities, because they might be perfect for you. Plus, you don’t need a maximum Social Security check of $4,558 to pay for all the expenses per month. Would you like to move to one of these locations?
5 Florida Places to Live on a Social Security Check
Remember that the idea of living in these locations is to do so with only the Social Security check of a couple with an accepted benefit. The average check for everyone should be about $1,500. Knowing this, let’s take a look at the 5 fantastic Florida cities to live in on just a Social Security check.
- Eustis. This Florida city has a monthly expense of about $2,964, as told by Go Banking Rates. Its livability score of 82 is perfect for enjoying the retirement years.
- Pine Castle. Although its livability is a bit lower than Eustis’ at only 68 points, Pine Castle is also a good choice. The rent for a one-bedroom per month is about $1,085, as well as the monthly expense is about $2,837 for a couple. Perfect for living on just a Social Security check.
- Altamonte Springs. Living in Altamonte Springs means living in a city with a livability of 85 points. The median price in expenses is $2,985 per month. Even though a room costs $1,666, it can be worth it for the quality of life.
- South Daytona. This city is perfect for living on just a Social Security check. Costs for a single room are $1,588, while the monthly expense per couple is $2,876. Its livability of 83 points makes it one of the best options.
- Crystal River. Although it does not have the highest livability of the entire list, the relationship with the monthly price is very good. The expenses are $2,746 per month for a couple, since the livability is 81 points.
These 5 places are ideal to spend your Social Security years there and have a well-deserved retirement rest.