TAMPA, Fla. — Florida is full of sunny, warm places to retire, however they can definitely come at a high cost. But don't worry, there are still lots of cities across the state that are both beautiful and budget-friendly.
GOBankingRates compiled a list of the top 10 best Florida cities to retire on $3,000 a month, including the cost of renting a one-bedroom apartment, groceries, utilities, and healthcare.
According to the study, the best affordable city to retire in Florida is Lake Wales. You can look to spend around $2,751 per month and 27% of the population there is 65 years and older.
Here are the top 10 Florida cities to retire on $3,000 a month, according to GOBankingRates:
- Lake Wales- $2,751
- Milton- $2,932
- Eustis- $2,950
- Titusville- $2,933
- Inverness- $2,921
- Bartow- $2,946
- Deland- $2,932
- Pensacola- $2,840
- Cocoa- $2,991
- Panama City- $2,966
Click here to check out the full study.
Pasco County woman trying to rebuild mobile home after hurricanes
"I cried, of course, because I've worked very hard getting it nice, which has been difficult for me since I lost my husband and being alone,” Kelly Welty said.
Welty's mobile home lost its roof during Hurricane Milton. She said it was the only one in the Buena Vista community to get totaled by a tornado.
