{"id":94147,"date":"2025-08-19T11:14:33","date_gmt":"2025-08-19T11:14:33","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/94147\/"},"modified":"2025-08-19T11:14:33","modified_gmt":"2025-08-19T11:14:33","slug":"50-best-places-in-america-to-retire-with-500k-in-savings","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/94147\/","title":{"rendered":"50 Best Places in America To Retire With $500K in Savings"},"content":{"rendered":"<p class=\"mb-4 text-lg md:leading-8 break-words\">Don\u2019t think you can\u2019t begin your <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/planning-for-retirement\/?hyperlink_type=manual&amp;utm_term=incontent_link_1&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=1&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:retirement;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">retirement<\/a> unless you have $1 million or more in savings. A new GOBankingRates study reveals there are 50 places across the United States where retirees can comfortably retire with $500,000 in savings and enjoy an excellent quality of life.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Discover More: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/i-asked-chatgpt-how-much-money-need-retire-5-years-what-it-said\/?hyperlink_type=manual&amp;utm_term=related_link_1&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=2&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:I Asked ChatGPT How Much Money I\u2019ll Need To Retire in 5 Years \u2014 Here\u2019s What It Said;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">I Asked ChatGPT How Much Money I\u2019ll Need To Retire in 5 Years \u2014 Here\u2019s What It Said<\/a><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Try This: <a href=\"https:\/\/www.gobankingrates.com\/saving-money\/car\/affordable-car-brands-you-wont-regret-buying\/?hyperlink_type=manual&amp;utm_term=related_link_2&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=3&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:4 Affordable Car Brands You Won&#039;t Regret Buying in 2025;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">4 Affordable Car Brands You Won&#8217;t Regret Buying in 2025<\/a><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">GOBankingRates was able to determine the 50 \u201cbest\u201d places by sourcing each city\u2019s livability score and selecting cities with at least 1,000 residents ages 65 and older. We analyzed the Social Security Administration\u2019s Monthly Statistical Snapshot for the average Social Security income for one person and a married couple filing jointly. The annual cost of living after Social Security income was calculated using the average Social Security income and the total cost of living, and the 20-year cost of retirement was calculated assuming a person retires at age 65 and lives in retirement for another 20 years.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Correction: This is an updated version as of Aug. 7, 2025. The original had incorrect calculations.<\/p>\n<p><img alt=\"Rawf8 \/ iStock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/aae1d87d8647d77ac71025e8e1e0a518.jpeg\"\/><\/p>\n<p>Rawf8 \/ iStock.com<\/p>\n<p>Key Findings<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Ohio swept the rankings with 12 cities named among the best places to retire with $500K in savings. Canfield took first place followed by Fairlawn (#2), North Canton (#5), Middleburg Heights (#7), Chesterland (#8), Cortland (#11), Lyndhurst (#15), Seven Hills (#24), Sheffield (#31), Vermilion (#40), Huron (#43) and Brookville (#49).<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">There are 36 Midwestern cities where Americans can retire with $500K, the most out of any US region. Twelve of these cities are based in Ohio. Of the remaining 24, seven are in Iowa (Humboldt, Garner, Manchester, Clear Lake, Jefferson, Fairfield and Algona). Illinois (Princeton, Geneseo, Crestwood, Galena and Westchester) and Michigan (Lathrup Village, Frankenmuth, Ludington, Grand Haven and Grand Kingsford) each have five cities which ranked. Minnesota (Oak Park Heights, Grand Rapids and International Falls) has three cities while Wisconsin has two (Glendale and Sturgeon Bay) There is one city in Missouri (Shrewsbury) and Nebraska (Cozad) respectively.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Three Florida cities ranked in the top 50. These include Sebastian (#9), Cape Canaveral (#10) New Port Richey (#28).<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Ranked in order from highest quality of life, keep reading to discover the best places where you can <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/cheap-beautiful-places-to-retire\/?hyperlink_type=manual&amp;utm_term=incontent_link_2&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=4&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:retire with $500,000 in the United States;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">retire with $500,000 in the United States<\/a>.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">That\u2019s Interesting: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/iras\/im-a-financial-expert-this-is-the-no-1-mistake-americans-make-with-their-roth-iras\/?hyperlink_type=manual&amp;utm_term=related_link_3&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=5&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:I\u2019m a Financial Expert \u2014 This is the No. 1 Mistake Americans Make With Their Roth IRAs;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">I\u2019m a Financial Expert \u2014 This is the No. 1 Mistake Americans Make With Their Roth IRAs<\/a><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Learn More: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/401k\/im-financial-expert-no-1-thing-every-american-should-do-with-401k\/?hyperlink_type=manual&amp;utm_term=related_link_4&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=6&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:I\u2019m a Financial Expert \u2014 This Is the No. 1 Thing Every American Should Do With Their 401(k);elm:context_link;itc:0;sec:content-canvas\" class=\"link \">I\u2019m a Financial Expert \u2014 This Is the No. 1 Thing Every American Should Do With Their 401(k)<\/a><\/p>\n<p><img alt=\"StanRohrer \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/67bb8df74c44d7d036d57fef17da7741.jpeg\"\/><\/p>\n<p>StanRohrer \/ Getty Images<\/p>\n<p>1. Canfield, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Livability score: 87 (out of 100)<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $410,679<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $44,563<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,714<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,990<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">See Next: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/what-1-million-retirement-savings-looks-like-monthly-spending\/?hyperlink_type=manual&amp;utm_term=related_link_5&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=7&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:What $1 Million in Retirement Savings Looks Like in Monthly Spending;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">What $1 Million in Retirement Savings Looks Like in Monthly Spending<\/a><\/p>\n<p><img alt=\"Davel5957 \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/2b3cd4e0297007fdc83675fbaef22dfa.jpeg\"\/><\/p>\n<p>Davel5957 \/ Getty Images<\/p>\n<p>2. Fairlawn, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $399,890<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $44,023<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,669<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,905<\/p>\n<p><img alt=\"Makedonski \/ Wikimedia Commons\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/623b3c70e4588d1b7eec92728b6aa4f2.jpeg\"\/><\/p>\n<p>Makedonski \/ Wikimedia Commons<\/p>\n<p>3. Lathrup Village, Michigan<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $435,147<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $45,786<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,816<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,966<\/p>\n<p><img alt=\"PapaBear \/ iStock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/55131072fd5e129440c8f1e7adff6445.jpeg\"\/><\/p>\n<p>PapaBear \/ iStock.com<\/p>\n<p>4. Frankenmuth, Michigan<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $413,188<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $44,688<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,724<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,927<\/p>\n<p><img alt=\"benkrut \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/738ec50c63e45d6df5e62890ca0864a2.jpeg\"\/><\/p>\n<p>benkrut \/ Getty Images<\/p>\n<p>5. North Canton, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $332,744<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $40,666<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,389<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,696<\/p>\n<p><img alt=\"peeterv \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/c65c6aa9b5b6379c0cfc0e807899a1ef.jpeg\"\/><\/p>\n<p>peeterv \/ Getty Images<\/p>\n<p>6. Glendale, Wisconsin<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $479,010<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $47,979<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,998<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,147<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">For You: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/average-retirement-age-2024-us-vs-china\/?hyperlink_type=manual&amp;utm_term=related_link_6&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=8&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:The Average Retirement Age in 2025 in US vs. China;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">The Average Retirement Age in 2025 in US vs. China<\/a><\/p>\n<p><img alt=\"Davel5957 \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/590855c8adac8fd952dc91290638b9f9.jpeg\"\/><\/p>\n<p>Davel5957 \/ Getty Images\/iStockphoto<\/p>\n<p>7. Middleburg Heights, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $335,188<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $40,788<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,399<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,679<\/p>\n<p><img alt=\"PapaBear \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/c2c78863501632dc3a296a1ddbbc74a2.jpeg\"\/><\/p>\n<p>PapaBear \/ Getty Images\/iStockphoto<\/p>\n<p>8. Chesterland, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $469,262<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $47,492<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,958<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,159<\/p>\n<p><img alt=\"Sergey-AND-Marina \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/1fa4eee1cf82b435a8e79c256189ad8c.jpeg\"\/><\/p>\n<p>Sergey-AND-Marina \/ Getty Images\/iStockphoto<\/p>\n<p>9. Sebastian, Florida<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $470,593<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $47,558<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,963<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,047<\/p>\n<p><img alt=\"toos \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/8633618d70d2776a27b21a639723edb6.jpeg\"\/><\/p>\n<p>toos \/ Getty Images<\/p>\n<p>10. Cape Canaveral, Florida<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $482,480<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $48,153<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $4,013<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,159<\/p>\n<p><img alt=\"InfiniteImpactStudios \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/c4117e589511e2c46af245fd72ac9e4d.jpeg\"\/><\/p>\n<p>InfiniteImpactStudios \/ Getty Images\/iStockphoto<\/p>\n<p>11. Cortland, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $268,551<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $37,456<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,121<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,395<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Read More: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/401k\/financial-expert-shares-top-mistake-americans-make-with-their-401k\/?hyperlink_type=manual&amp;utm_term=related_link_7&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=9&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:I\u2019m a Financial Expert \u2014 This Is the No. 1 Mistake Americans Make With Their 401(k);elm:context_link;itc:0;sec:content-canvas\" class=\"link \">I\u2019m a Financial Expert \u2014 This Is the No. 1 Mistake Americans Make With Their 401(k)<\/a><\/p>\n<p><img alt=\"wellesenterprises \/ iStock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/e2eb4af1961e13692a378075452c123e.jpeg\"\/><\/p>\n<p>wellesenterprises \/ iStock.com<\/p>\n<p>12. Ludington, Michigan<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $314,352<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $39,746<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,312<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,688<\/p>\n<p><img alt=\"ghornephoto \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/dcb25bf8b6c78b41e690bbc82211d7be.jpeg\"\/><\/p>\n<p>ghornephoto \/ Getty Images\/iStockphoto<\/p>\n<p>13. Princeton, Illinois<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $195,842<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $33,821<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $2,818<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $978<\/p>\n<p><img alt=\"JoeChristensen \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/f783f4cb7b492287ee3c85dfdb507c82.jpeg\"\/><\/p>\n<p>JoeChristensen \/ Getty Images\/iStockphoto<\/p>\n<p>14. Humboldt, Iowa<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $230,460<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $35,552<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $2,963<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,098<\/p>\n<p><img alt=\"benedek \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/34c4cbbce7e847688fb03ba240e2d0b9.jpeg\"\/><\/p>\n<p>benedek \/ Getty Images<\/p>\n<p>15. Lyndhurst, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $263,688<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $37,213<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,101<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,376<\/p>\n<p><img alt=\"pabradyphoto \/ iStock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/a221e018f4539d66b505c40617e0cfd6.jpeg\"\/><\/p>\n<p>pabradyphoto \/ iStock.com<\/p>\n<p>16. Geneseo, Illinois<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $279,102<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $37,984<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,165<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,365<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">View Next: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/surprisingly-affordable-cities-with-great-weather-for-retirees\/?hyperlink_type=manual&amp;utm_term=related_link_8&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=10&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:12 Surprisingly Affordable Cities With Great Weather for Retirees;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">12 Surprisingly Affordable Cities With Great Weather for Retirees<\/a><\/p>\n<p><img alt=\"DenisTangneyJr \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/8d648247a158666ebdb3db8b2c2a3633.jpeg\"\/><\/p>\n<p>DenisTangneyJr \/ Getty Images\/iStockphoto<\/p>\n<p>17. Crestwood, Illinois<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $396,990<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $43,878<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,657<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,730<\/p>\n<p><img alt=\"travelview \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/07\/8ca3e1b567988bb1755bbda2a85559b9.jpeg\"\/><\/p>\n<p>travelview \/ Getty Images<\/p>\n<p>18. Kerrville, Texas<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $445,002<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $46,279<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,857<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,083<\/p>\n<p><img alt=\"Ultima_Gaina \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"379\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/e3de1002dc4fdca7641671b17c3f2c8f.jpeg\"\/><\/p>\n<p>Ultima_Gaina \/ Getty Images\/iStockphoto<\/p>\n<p>19. Boyertown, Pennsylvania<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $460,880<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $47,073<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,923<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,909<\/p>\n<p><img alt=\"jimkruger \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/81ad042b2d3594545a8a0439f2b2a0ae.jpeg\"\/><\/p>\n<p>jimkruger \/ Getty Images<\/p>\n<p>20. Oak Park Heights, Minnesota<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $473,952<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $47,726<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,977<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,160<\/p>\n<p><img alt=\"Amdizdarevic \/ Shutterstock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/ce123df1b7474e463ea6f06e2af9ed03.jpeg\"\/><\/p>\n<p>Amdizdarevic \/ Shutterstock.com<\/p>\n<p>21. Garner, Iowa<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $251,914<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $36,624<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,052<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,322<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Be Aware: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/david-lettermans-top-reason-rethink-retirement-do-experts-agree\/?hyperlink_type=manual&amp;utm_term=related_link_9&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=11&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:David Letterman\u2019s Top Reason To Rethink Retirement \u2014 Do Experts Agree With His \u2018Myth of Retirement\u2019?;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">David Letterman\u2019s Top Reason To Rethink Retirement \u2014 Do Experts Agree With His \u2018Myth of Retirement\u2019?<\/a><\/p>\n<p><img alt=\"marekuliasz \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/27429be7c5d0feff5f5aa499ef2dbeb1.jpeg\"\/><\/p>\n<p>marekuliasz \/ Getty Images<\/p>\n<p>22. Cozad, Nebraska<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $253,589<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $36,708<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,059<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,027<\/p>\n<p><img alt=\"Wirestock \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/e41c1148bedfb40b2881b0fe27bfa4cc.jpeg\"\/><\/p>\n<p>Wirestock \/ Getty Images\/iStockphoto<\/p>\n<p>23. Manchester, Iowa<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $265,504<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $37,304<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,109<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,353<\/p>\n<p><img alt=\"Ron_Thomas \/ iStock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/5183321acfbaa7393b92c5a0478f7ddb.jpeg\"\/><\/p>\n<p>Ron_Thomas \/ iStock.com<\/p>\n<p>24. Seven Hills, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $357,060<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $41,882<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,490<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,749<\/p>\n<p><img alt=\"\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/cbe2af950d4657bb408fef5c400432ab.jpeg\"\/>25. Kingman, Arizona<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $372,234<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $42,640<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,553<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,579<\/p>\n<p><img alt=\"amolson7 \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/c2c45dc36c7703b4cc5aef348dbd1177.jpeg\"\/><\/p>\n<p>amolson7 \/ Getty Images\/iStockphoto<\/p>\n<p>26. Shrewsbury, Missouri<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $384,020<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $43,230<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,602<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,750<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Explore More: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/best-small-towns-retire-america\/?hyperlink_type=manual&amp;utm_term=related_link_10&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=12&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:44 Best Small Towns To Retire in America;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">44 Best Small Towns To Retire in America<\/a><\/p>\n<p><img alt=\"benkrut \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/eb34f5f0d3d13ef3e166833df9dcd3f5.jpeg\"\/><\/p>\n<p>benkrut \/ Getty Images\/iStockphoto<\/p>\n<p>27. Clear Lake, Iowa<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $392,162<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $43,637<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,636<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,883<\/p>\n<p><img alt=\"benedek \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/07\/9c0da1c896d1bc0e4dbb6afedfde5a85.jpeg\"\/><\/p>\n<p>benedek \/ Getty Images\/iStockphoto<\/p>\n<p>28. New Port Richey, Florida<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $419,742<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $45,016<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,751<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,815<\/p>\n<p><img alt=\"Joel Carillet \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/a7d9a2c53273dd77c5f05f6150aa8538.jpeg\"\/><\/p>\n<p>Joel Carillet \/ Getty Images<\/p>\n<p>29. Galena, Illinois<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $423,265<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $45,192<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,766<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,851<\/p>\n<p><img alt=\"benkrut \/ iStock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/c81c797d76afcebd6da613cd795c6952.jpeg\"\/><\/p>\n<p>benkrut \/ iStock.com<\/p>\n<p>30. Grand Haven, Michigan<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $486,899<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $48,374<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $4,031<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,298<\/p>\n<p><img alt=\"yogibehr \/ iStock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/978dbea487fd23260aad34a9a51e8e23.jpeg\"\/><\/p>\n<p>yogibehr \/ iStock.com<\/p>\n<p>31. Sheffield, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $328,424<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $40,450<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,371<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,695<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Check Out: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/iras\/what-you-cannot-do-with-your-required-minimum-distributions-in-retirement\/?hyperlink_type=manual&amp;utm_term=related_link_11&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=13&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:The 1 Thing You Can\u2019t Do With Your Required Minimum Distributions in Retirement;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">The 1 Thing You Can\u2019t Do With Your Required Minimum Distributions in Retirement<\/a><\/p>\n<p><img alt=\"stevegeer \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/39aa9c0ae61002b5c2ce4b97bc03e995.jpeg\"\/><\/p>\n<p>stevegeer \/ Getty Images\/iStockphoto<\/p>\n<p>32. Westchester, Illinois<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $479,345<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $47,996<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $4,000<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,055<\/p>\n<p><img alt=\"Stone s Throwe Photo \/ Shutterstock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/3af36418be8b50d643954d4276e8ea35.jpeg\"\/><\/p>\n<p>Stone s Throwe Photo \/ Shutterstock.com<\/p>\n<p>33. Jefferson, Iowa<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $189,497<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $33,504<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $2,792<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $994<\/p>\n<p><img alt=\"halbergman \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/08708aaf7fccfcf2c75e94d54e7fbe08.jpeg\"\/><\/p>\n<p>halbergman \/ Getty Images<\/p>\n<p>34. Alpine, Texas<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $305,054<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $39,281<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,273<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,468<\/p>\n<p><img alt=\"Picasa \/ iStock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/4044629bd96e668c2a00c869a6e63cbe.jpeg\"\/><\/p>\n<p>Picasa \/ iStock.com<\/p>\n<p>35. Colville, Washington<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $417,855<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $44,871<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,739<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,001<\/p>\n<p><img alt=\"aceshot \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/70940089c9a7e027c8a2aab25ba8ae11.jpeg\"\/><\/p>\n<p>aceshot \/ Getty Images\/iStockphoto<\/p>\n<p>36. Cold Spring, Kentucky<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $435,152<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $45,786<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,816<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,928<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Trending Now: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/cheapest-places-retire\/?hyperlink_type=manual&amp;utm_term=related_link_12&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=14&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:50 Cheapest Places To Retire Across America;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">50 Cheapest Places To Retire Across America<\/a><\/p>\n<p><img alt=\"GWolfe \/ Shutterstock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/f3af3d20cb8b1e68fe56dd61ccace406.jpeg\"\/><\/p>\n<p>GWolfe \/ Shutterstock.com<\/p>\n<p>37. Stroudsburg, Pennsylvania<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $474,915<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $47,774<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,981<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,050<\/p>\n<p><img alt=\"Ultima_Gaina \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/b33f722ea84223837099a73deb3bc8a9.jpeg\"\/><\/p>\n<p>Ultima_Gaina \/ Getty Images\/iStockphoto<\/p>\n<p>38. Punxsutawney, Pennsylvania<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $119,853<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $30,021<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $2,502<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $672<\/p>\n<p><img alt=\"benkrut \/ iStock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/0cf623404be9d2bba14da82cb7ac1ad2.jpeg\"\/><\/p>\n<p>benkrut \/ iStock.com<\/p>\n<p>39. Kingsford, Michigan<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $196,293<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $33,843<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $2,820<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $848<\/p>\n<p><img alt=\"Big Joe \/ Getty Images\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/7cf91e5908de0b45e6351e04a5885839.jpeg\"\/><\/p>\n<p>Big Joe \/ Getty Images<\/p>\n<p>40. Vermilion, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $274,124<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $37,735<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,145<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,456<\/p>\n<p><img alt=\"LIKE HE \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/c7a7409586ff3d3dcd7b862a98b03cb3.jpeg\"\/><\/p>\n<p>LIKE HE \/ Getty Images\/iStockphoto<\/p>\n<p>41. Grand Rapids, Minnesota<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $287,298<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $38,394<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,199<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,587<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">View More: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/how-far-750k-plus-social-security-goes-in-retirement-in-every-us-region\/?hyperlink_type=manual&amp;utm_term=related_link_13&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=15&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:How Far $750K Plus Social Security Goes in Retirement in Every US Region;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">How Far $750K Plus Social Security Goes in Retirement in Every US Region<\/a><\/p>\n<p><img alt=\"ChrisBoswell \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"379\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/653b02d2c2c306785bd6d67dff3dc1f5.jpeg\"\/><\/p>\n<p>ChrisBoswell \/ Getty Images\/iStockphoto<\/p>\n<p>42. Ayden, North Carolina<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $309,405<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $39,499<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,292<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,276<\/p>\n<p><img alt=\"Ron_Thomas \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/7dab63e9251c4b08c340dfddefc93a9b.jpeg\"\/><\/p>\n<p>Ron_Thomas \/ Getty Images\/iStockphoto<\/p>\n<p>43. Huron, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $332,333<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $40,645<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,387<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,744<\/p>\n<p><img alt=\"Kimberly Vlies \/ Wikimedia Commons\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/bb61f8f096edf8ff4efb762423da8425.jpeg\"\/><\/p>\n<p>Kimberly Vlies \/ Wikimedia Commons<\/p>\n<p>44. Sturgeon Bay, Wisconsin<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $464,828<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $47,270<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,939<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $2,259<\/p>\n<p><img alt=\"\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/5d94c13d1c4f0ec784d11dea0051ec7e.jpeg\"\/>45. International Falls, Minnesota<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $116,599<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $29,859<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $2,488<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $867<\/p>\n<p><img alt=\"Jacob Boomsma \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/4d9017ea7645dcdc7edb246939885cbb.jpeg\"\/><\/p>\n<p>Jacob Boomsma \/ Getty Images\/iStockphoto<\/p>\n<p>46. Fairfield, Iowa<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $194,954<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $33,776<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $2,815<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $926<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Discover Next: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/how-long-2-million-will-last-in-retirement-in-every-state\/?hyperlink_type=manual&amp;utm_term=related_link_14&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=16&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:How Long $2 Million in Retirement Will Last in Every State;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">How Long $2 Million in Retirement Will Last in Every State<\/a><\/p>\n<p><img alt=\"WilliamSherman \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/686ff6dd4d550c70b0bb8b5de38c06df.jpeg\"\/><\/p>\n<p>WilliamSherman \/ Getty Images\/iStockphoto<\/p>\n<p>47. Lebanon, Virginia<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $227,207<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $35,389<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $2,949<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,120<\/p>\n<p><img alt=\"DenisTangneyJr \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/e8354f0a26017c0db2c6f9ffa8a625c8.jpeg\"\/><\/p>\n<p>DenisTangneyJr \/ Getty Images\/iStockphoto<\/p>\n<p>48. Algona, Iowa<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $231,931<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $35,625<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $2,969<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,977<\/p>\n<p><img alt=\"Ron and Patty Thomas \/ Getty Images\/iStockphoto\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/d16f60227054183dc3bc60830dca8b4e.jpeg\"\/><\/p>\n<p>Ron and Patty Thomas \/ Getty Images\/iStockphoto<\/p>\n<p>49. Brookville, Ohio<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $319,532<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $40,005<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,334<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,549<\/p>\n<p><img alt=\"jmoor17 \/ Shutterstock.com\" loading=\"lazy\" width=\"675\" height=\"380\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/005e1de3b238b6b734ba23d4b79f2730.jpeg\"\/><\/p>\n<p>jmoor17 \/ Shutterstock.com<\/p>\n<p>50. Baker City, Oregon<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Cost of living for 20 years for a single person (with Social Security): $322,549<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Annual cost of living: $40,156<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Monthly cost of living: $3,346<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Average monthly mortgage: $1,563<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Editor\u2019s note: Photos are for illustrative purposes only. In many cases, the closest major city outside of the city\/county mentioned in the article was used.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Methodology: Data was sourced from the 2023 5-Year United States Census American Community Survey, Sperling\u2019s BestPlaces, the Bureau of Labor Statistics Consumer Expenditure Survey, Zillow Home Value Index for June 2025, Federal Reserve Economic Data and the Social Security Administration\u2019s Monthly Statistical Snapshot. All data was collected on and is up to date Aug. 7, 2025.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">More From GOBankingRates<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">This article originally appeared on <a href=\"https:\/\/www.gobankingrates.com?utm_term=bottom_link&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=21&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:GOBankingRates.com;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">GOBankingRates.com<\/a>: <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/best-places-in-america-to-retire-with-500k-in-savings\/?utm_term=source_link&amp;utm_campaign=1312984&amp;utm_source=yahoo.com&amp;utm_content=22&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:50 Best Places in America To Retire With $500K in Savings;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">50 Best Places in America To Retire With $500K in Savings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Don\u2019t think you can\u2019t begin your retirement unless you have $1 million or more in savings. A new&hellip;\n","protected":false},"author":2,"featured_media":94148,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,12586,2934,147,530,733],"class_list":["post-94147","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-cost-of-living","tag-getty-images","tag-personal-finance","tag-personalfinance","tag-social-security"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/94147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=94147"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/94147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/94148"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=94147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=94147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=94147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}