This article takes a look at the 5 best places in Virginia for a couple to live on only social security. If you wish to check out our detailed analysis on retiring in Virginia, you may go to 15 Best Places in Virginia for a Couple to Live on Only Social Security.
5. Staunton
Insider Monkey Score: 34
Cost of Living Index: 79.6
Median Home Price: $327,000
Average Monthly Rent: $1,193
Staunton is a small, walkable town in Virginia that seniors can choose to retire to in their golden years. Its historic downtown is brimming with preserved architecture, a nice factor to consider for those who appreciate history. Theaters, galleries, and cultural events happening in the city keep residents entertained. Scenic landscapes embrace the city as well, creating a picturesque backdrop for seniors and allowing them to engage in outdoor activities.
4. Farmville
Insider Monkey Score: 35
Cost of Living Index: 80.6
Median Home Price: $343,900
Average Monthly Rent: $1,039
Revered for its historical charm, community friendliness, and affordability, Farmville is a nice place to live for seniors. It is situated in the heart of central Virginia, boasting historic architecture and a rich heritage. Retirees can also indulge in lifelong learning at institutions such as Longwood University and Hampden-Sydney College. Moreover, the town boasts scenic surroundings, with many parks and outdoor spaces to enjoy the outdoor life.
3. Lynchburg
Insider Monkey Score: 35
Cost of Living Index: 80.9
Median Home Price: $275,000
Average Monthly Rent: $1,167
According to Kiplinger, Lynchburg is the place you want to retire to for good health. This small city is very affordable for retirees to live on social security alone, boasting a cost of living that is 19.1% lower than the national average. The city is located in a nice area close to the Blue Ridge Mountains, overlooking the James River. Seniors can embrace an active lifestyle in this city which boasts 18 miles of urban trails. Back in 2011, the city was also awarded the title of outstanding runner-friendly community.
2. Pulaski
Insider Monkey Score: 38
Cost of Living Index: 82.3
Median Home Price: $199,200
Average Monthly Rent: $1,161
Rich history, vibrant community, and abundant entertainment describe the town of Pulaski best. Embraced by the picturesque landscapes of the New River Valley, seniors get to enjoy scenic views in this town and indulge in recreational activities along the way. The small-town vibe of this region has inculcated a close-knit community as well. Seniors find it easy to integrate and make friends. The cost of living is 17.7% lower than the national average, while home prices are well below the national median.
1. Franklin
Insider Monkey Score: 46
Cost of Living Index: 77.2
Median Home Price: $224,000
Average Monthly Rent: $1,158
Franklin, Virginia is the perfect place for seniors to retire that offers access to big-city amenities while escaping the complexities of urban life. Healthcare services, local conveniences, and similar facilities are easily available here. The city offers retirees an affordable lifestyle, making it possible for them to live on social security alone. The town also features a close-knit community, and seniors find it easy to integrate and make friends. The atmosphere is very pleasant and relaxing, making it a wonderful place to call home.
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