This article takes a look at the 5 best cities where you can retire on $4000 a month. If you wish to check out our detailed analysis on retirement struggles, behaviors, and costs, you may go to 25 Best Cities Where You Can Retire on $4000 A Month.
5. Albuquerque, New Mexico
Insider Monkey Score: 39
Livability Score: 71
Average Monthly Rent: $1,084
Median Home Price: $320,000
Albuquerque is a nice place to retire to that offers seniors a unique blend of cultural richness and affordability. The city features a diverse arts scene, vibrant festivals, and also a mild climate. The cost of living and housing options are affordable here, making it easy to retire on $4000 a month. Albuquerque also boasts stunning natural landscapes, including the Sandia Mountains, that make it an ideal destination for outdoor enthusiasts.
4. Shreveport, Louisiana
Insider Monkey Score: 45
Livability Score: 60
Average Monthly Rent: $1,345
Median Home Price: $165,000
Shreveport offers retirees a unique blend of Southern charm, rich culture, and friendly community. The city also offers a diverse culinary scene, vibrant festivals, and world-class entertainment options. It is home to beautiful parks, including the scenic Red River, which provide opportunities for outdoor recreation. Lastly, the city’s warm climate and friendly community make it an attractive choice for seniors.
3. Little Rock, Arkansas
Insider Monkey Score: 46
Livability Score: 71
Average Monthly Rent: $913
Median Home Price: $215,000
Nestled along the South bank of the Arkansas River, Little Rock is another one of the best cities to retire on $4,000 a month. The city features plenty to do for retirees, such as fishing and boating on Lake Maumelle. Seniors can also cycle on the longest bicycle and pedestrian bridge along the Arkansas River Trail. Home to two universities, retirees have the opportunity to engage in lifelong learning.
2. Tulsa, Oklahoma
Insider Monkey Score: 46
Livability Score: 74
Average Monthly Rent: $925
Median Home Price: $275,000
Tulsa is home to a variety of cultural attractions, such as museums, theaters, and music events. The city’s beautiful parks and recreational areas, such as the Gathering Place, provide the perfect opportunity to enjoy the outdoors and stay active. There are excellent healthcare facilities here too. Additionally, Tulsa has a welcoming community and plenty of things to do for seniors, making it an ideal place to retire to.
1. El Paso, Texas
Insider Monkey Score: 47
Livability Score: 81
Average Monthly Rent: $875
Median Home Price: $290,000
Deemed as one of the safest cities to live in America, El Paso is an ideal retirement destination to live on for $4,000 a month. 13% of the population is 65 or older. The city offers a warm and dry climate, numerous parks and outdoor spaces, as well as other necessary amenities.
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