5 Best Cities Where You Can Retire On $3500 A Month

4. Youngstown, Ohio

Insider Monkey Score: 48           

Median Listing Home Price: $123,000 

Average Monthly Rent: $775     

Cost of Living: 25.6% lower

Another city revered for its affordable living costs and housing options is the city of Youngstown. The city has a rich history, and retirees get to enjoy numerous cultural attractions, museums, and historical sites. Moreover, parks and nature reserves provide the opportunity to enjoy the outdoors, as well as many activities such as hiking and golfing. Cost of living is 25.6% lower than the national average.