8. Akron, Ohio
- Average 1-bedroom rent (2022): $694
- Cost of living index: 69.5
- Livability score: 62
Do you struggle as a retiree to pay your rent as well as other costs such as utilities, groceries, and so on? If Social Security checks are your only retirement income, then this Midwest city may interest you!
Costs of everyday life are cheaper in Akron than in any other city on this Midwest ranking (except for South Bend), being one of the two cities with a cost of living below 70.
Besides, Akron is one of only two cities on the list with an average rent price under $700. A one-bedroom apartment is way more affordable there than in every other city excluding the one that really has the cheaper rent from this list (keep reading to find out which one it is!).
So, those retirees who rely solely on monthly Social Security checks and live here aren’t rent-burdened at all. This may sound tempting!
Well, as I see it, retirement and cold, lousy weather usually don’t go well together. However, if you don’t have a choice…then we might have made better retirement plans before we had no choice.
Where does Puerto Rico rank over all, for Americans, living on just Social Security income ?
To bad cold winters for retierment
You do not mention anything about utilities. North Dakota gets very cold in the winter. What are the cost of utilities in this town during winter. Can a person on SSI still be able to live afford to there?
OK, but who wants to live in Kansas or North Dakota?? Fishing and canoeing in Williston, ND? What, for maybe 4 months of the year?