Used 2020 customer expense data from the Bureau of Labor Statistics to figure out the annual cost of these expenses in any city, coming in at $2,600 or less.
The average monthly rent for cities, obtained from apartmentlists, as well as the Census Bureau, states that cities must have a population that comprises 10% or more of those over the age of 65.
The average monthly rent for cities, obtained from apartmentlists, as well as the Census Bureau, states that cities must have a population that comprises 10% or more of those over the age of 65.
Monthly groceries and healthcare in Jacksonville are $347.53 and $539.55, respectively, below the national average. However, utilities are 2.8% higher than the national average at $324.08.
Fort Myers has the highest total monthly expenses in the study, at less than $2,600. Monthly health care costs are 17.3% higher than the national average of $651.80.
If you're an older retiree looking to live among your peers, you'll be in good company in this Tampa Bay area city. According to the study, 22.8% of its population is 65 or older.
Monthly health care spending is 3% less than the national average at $539.00 per month. Although the monthly cost of groceries is $358.74, or 2.4% higher than the national average.
The monthly grocery cost is $350.68, which is neither the highest or the lowest. Although monthly health care costs are 5.6% lower than the national average of $524.55.