Where Is The Best Place to Live On A Social Security Income?

Manchester, New Hampshire, Minneapolis, Minnesota, Thomasville, Georgia, Tallahassee, Florida, Port Charlotte, and Gainesville, Florida are some of the cities or towns a person can reside in on a Social Security income. Outside the United States some of the cities and countries are Boquetto, Panama, Costa Rica, Belize, Philippines and Granada.

Positive areas other than Florida to live on a Social Security income

Manchester, New Hampshire is on the top of the list. It is not actually the most economical city but has a low unemployment and crime rate. Minneapolis, Minnesota is probably the cheapest urban area to live in the United States. It has a low cost of living with public transportation, low taxes, and the pleasures of living in a city. Thomasville, Georgia is a place where your Social Security income can be spent on living and leisure activities. There are numerous senior groups.

Florida, the least expensive state to retire to

At Woodmont Senior Apartments, in Tallahassee, Florida the monthly rental fee covers three meals a day, laundry service, and transportation which is on a schedule. According to “CNN Money,” Port Charlotte is the number one place to retire to. Florida has no state income tax, and a moderate climate reducing heating bills.

Reasonable places to retire on a Social Security income outside the United States

In Boquete, Panama there are discounts on medicine, the cost of closing homes, and a democratic government. Their money is based on the U.S. monetary system, and the crime rate is low. In Belize, individuals do not have to pay taxes and the cost of living is economical. The cost of a mortgage averages about three hundred dollars a month.

Comments are closed.