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Home›Saving and Spending›5 Best Places to Retire With Less Than $100 per Day

5 Best Places to Retire With Less Than $100 per Day

By Our Editorial Team  |  Published May 17, 2023

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Our editorial team verifies all financial and lifestyle information for accuracy and relevance to senior living.

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1. Jacksonville, Florida

Florida is perhaps the most well-known destination where seniors decide to relocate after they retire. If you’re currently for a place with a warmer climate and you also enjoy the idea of living near the ocean, Jacksonville is probably one of the best choices for you.

Besides this, since there are so many retirees here, there are also many small communities that are amazing if you want to become part of this vibrant city.

Nice weather and nice people – what else can you want? Well, you should know that Jacksonville is one of the cities that has a great cost of living. If you are living on a budget, this place is more than you might expect if we look at all of the benefits.

One important thing to know is that renting an apartment will cost you around $910 per month. But if you’re a homeowner with a mortgage, this cost can go up to $1,340. Now, if you are a retiree who has already paid for their house, you can pay only $433 per month. Another advantage of living in Florida is that there is no state income tax. Amazing, isn’t it?

If you are a big fan of sports, the next city might be the one for you.

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