10 Best Places to Retire in Florida on A Budget

10. Pensacola – Ferry Pass – Brent

The overall cost of living in the Pensacola metropolitan area is pretty low, ranking about 3 percent lower than the average American numbers. While taxes are quite low in this particular area and the cost of transportation is below average, getting a new house will cost you a mere 2 percent more than in other locations. Keep in mind that healthcare is also rather expensive here, 14 percent above average to be more specific. The monthly cost of living expenses ranges from $2,442 to $6,726 so unless you have some serious health issues that aren’t covered by insurance this is what you should be expecting.

The median home cost in the area was of a little over $123,000, so that’s something you should definitely keep in mind when considering moving to this area that has nearly half a million people living in it.