Finding a place where your Social Security benefits cover rent can be challenging, especially with the average rent in the U.S. nearing $2,000. But fear not! We’ve put together a list of 10 fantastic places where you can stretch your retirement dollars without compromising on livability.
In Fargo, North Dakota, with a population of around 127,000, you’ll find affordable rent under $900 and plenty of attractions, including museums, theaters, and North Dakota State University.
Urbandale, Iowa, a cozy community with 46,000 residents, is a Des Moines suburb providing nearly 1,000 acres of parks and historic Living History Farms.
Stevens Point, Wisconsin, situated 110 miles north of Madison, offers easy access to farmers’ markets, parks, and the University of Wisconsin-Stevens Point.
Shorewood, Wisconsin, a suburb of Milwaukee on Lake Michigan, maintains a strong livability score of 91, despite a slightly higher rent of $1,200.
Home to Central Michigan University, Mount Pleasant, Michigan, offers outdoor activities along the Chippewa River and the Soaring Eagle Casino & Resort.
Coralville, Iowa, a charming suburb of Iowa City with around 22,000 residents, boasts attractions like the Iowa River Landing and historic Edgewater Park.
Fergus Falls, Minnesota, despite colder temperatures, has a vibrant arts scene and numerous outdoor recreation opportunities in western Minnesota.
Little-known outside southern Idaho, Chubbuck offers easy access to outdoor spots like the American Falls Reservoir and Blackrock Canyon.
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Located on the Ohio border, Richmond, Indiana, provides affordable living with an average rent of less than $800 and attractions like the Hayes Arboretum.
Wausau, Wisconsin, in central Wisconsin, stands out with its sub-$1,000 rent and high livability scores, offering parks, kayaking, canoeing, and museums for its 40,000 residents.
In conclusion, these places offer affordable living for retirees, where Social Security can cover rent without sacrificing a good quality of life. Whether it’s the charming towns in the Upper Midwest or the cozy suburbs, there are options for stretching your retirement dollars while enjoying various amenities and attractions.
