10 Best Places For Retirees To Live On A Social Security Check
Wyoming's average rent is more than 30% less than the national average. This is one reason why 16.4% of its residents are 65 or older.
Michigan is one of the top 10 states where you may live on a Social Security check despite having the highest average rent for a one-bedroom apartment.
At 17%, Ohio has the third largest number of residents who are 65 or older. A cost of living that is more than 9% less than the average for the country probably helps.
With 16.9% of its residents being 65 or older or older, Missouri has a larger-than-average number of seniors.
When compared to some of the other cities on this list, rent in Oklahoma is pretty high. But its cost of living index as a whole is pretty low.
Only 15.8% of the population in Kansas is 65 or older, which is a bit lower than the average.
Alabama doesn't have the cheapest rents, but overall costs are still more than 12% lower than the national average.
Arkansas and Iowa are tied for having the lowest rent of any city on the list. This made Arkansas the third-cheapest state for seniors.
The total cost of living in Mississippi is 17% less than the national average, which is the lowest of all the states on the list.
Iowa is the most affordable state overall for people who live on a Social Security check. One of the main reasons for this is that rent is low in Iowa.