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Trends, wellness and entertainment news

Where can you live retirement with $2,000 in the USA?

If your budget is $2,000 per month and you need a new city to move to while on retirement, here are some options

Fran Candelera by Fran Candelera
23/01/2023 07:00
in Money
Affordable places to live your retirement with 2,000 dollars

Affordable places to live your retirement with 2,000 dollars - Canva

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Retirement can be a time when you may need to look for a new location. Despite the fact that the city you live in may not be suitable for your new lifestyle, there are things to weigh up. Moving to another place may imply a long journey, lots of stuff to take there, and a big effort. Needless to say that it could be costly.

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Talking to other retirees who live in the new area you would like to move could be helpful. Some people even try to spend there a week to see if they could get used to retiring there. Once you have made a list with of the pros and cons, it is time to look for new places to enjoy retirement. According to GOBankingrates these places offer the possibility of living there with that budget.

What about spending your retirement in Ohio?

According to GOBankingrates, you would need 1,653 dollars for expenses in Parma Heights, Ohio. There is also an important population that is retired or about to retire, about 20%, so you can easily make new friends. Groceries have a good price there compared to other cities. You can contact their Senior center for more information.

Retirement in Ohio could be your choice
Retirement in Ohio could be your choice – Canva

If you prefer Des Moines in Iowa instead, it is just slightly more expensive. The amount of money you would need for expenses is $1,661. Therefore, you could still save some money to go on vacation. There are apartments with one bedroom for $771 per month.

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Would you rather make a move to Missouri and enjoy retirement there?

The city of Florissant is also a great place to start making the most of your retirement. The one-bedroom apartment would be more expensive though. On average they cost about 901 dollars each month. As for medical expenses, you may need $395 approximately. Those who are keen on golf and Spa, check what you have there!

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Finally, for those who may want to go to the South during their retirement, Longview might be their choice. As you may know, it is in Texas. Even though you might need to spend a bit more, you may want to enjoy their warm weather. Monthly expenditures do not even reach $1,701. When it comes to renting a small apartment, $894 is what you may need on average.

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