The United States is a very large country and there are many different cities to live in. People who have a Social Security benefit cannot, for economic reasons, live in any of these cities. But they can choose one of the many where they can spend their retirement time. The average benefit of $1,666 a month may be enough for these cities if you have some savings with which to pay the rest of the expenses.
Still, getting a Social Security benefitof around $2,000 is not that difficult, especially if you plan your retirement well. Still, you can always look for an extra source of income to help pay the bills. However, not needing any of this is really the goal of all pensioners. So, let’s discover the cities where you can live best for just $2,000 a month.
The best cities to live in on $2,000 in Social Security
This list is compiled from information from GoBankingRates. The order is ascending, so the last of these cities on the list is the best for living on Social Security. These are the cities:
Parma Heights, Ohio. With a livability of 76, this city is among the best in the United States for a retiree on Social Security. Monthly expenses in this city can be around $1,653.28, so the average benefit will certainly cover every dollar you need. Plus, 20% of the population is 65 or older, so it’s a good place to socialize as well.
Baytown, Texas. The average expenses needed in this fantastic Texas city are $1,649.77 per month. A very good figure considering the idea is to live on retirement benefits alone. It has a livability of 75, so in that respect it is also a good place.
Abilene, Texas. This city is even cheaper than the previous two. Average expenses are $1,602.28 per month. So living on an average Social Security benefit in this place is not only possible, but perfect. Livability is also 75, so in that sense it is also ideal.
Fargo, North Dakota. In North Dakota we come across this city called Fargo. The monthly expenses you will make here are $1,587.35. Not bad at all, as it is one of the cheapest in the entire United States.
Fort Wayne, Indiana. To live in this city in the State of Indiana you will need a monthly amount of $1,569.11. The livability is the same as in the previous case, so in the end it all depends on the tastes of each one. However, living with less than $2,000 in Social Security is possible in this city.
These are the 5 best cities to live with just $2,000 in Social Security. They are very different from each other in terms of climate, culture and other aspects, so you could choose the one you like the most if you want to move to a different state to pay less every month.