5 Cities in the Northeast to Retire on $3000 a Month

4. Caribou, Maine

Insider Monkey Score: 38

Cost of Living Index: 75.1

Median Home Price: $125,000

Average Monthly Rent: $750

Another nice place to call home in Maine is Caribou. Besides its low cost of living, Caribou is known for its community atmosphere, peaceful lifestyle, and four-season climate. The region around the city is very beautiful, and seniors can enjoy numerous outdoor activities here. Nestled in a cozy community, the city is home to just over 7,000 residents. This intimate size holds particular appeal for many seniors seeking the tranquility and peace, relishing the quiet sunsets and basking in the overall calm that it brings along.