11 US Cities Where You Can Retire on $1,000 Monthly Budget

5) Montgomery, Alabama

The capital of Alabama is a good place to retire on a budget. In Montgomery, your total monthly expenditures should come in at about $878.92. Plus, monthly health costs and housing expenses are typically low. On the downside, Walk Score did give Montgomery a low walkability score of 25, which means you will need a car to get around. Still, Montgomery’s lovely weather and great amenities make this Southern city worth checking out. You can catch plays and musicals at the beautiful Montgomery Performing Arts Centre or the Cloverdale Playhouse. You can also enjoy the warm weather at the city’s numerous parks, gardens, and nature centers. Plus, you can get amazing views of the Alabama River on Montgomery’s Riverwalk. Montgomery’s laidback Southern charm makes this city perfect for every retiree.