10 Best Cities In Arizona To Retire on $3,000 Per Month
“Best cities in Arizona to retire”
Most Americans spend the majority of their income on rent, utilities, healthcare, and groceries. You can live on a fairly small income — in some cases, even on just a Social Security check — if you can keep these four spending categories under $3,000.
Seniors have long favored Arizona because of its pleasant climate and affordable general living expenses. We used price information from Sperling’s Best and the 2020 Consumer Expenditure Survey of the Bureau of Labor Statistics to identify the best cities in Arizona to retire on $3,000 per month. The majority of the cities on the list of the best cities in Arizona to retire had monthly expenses that were less than the national averages of $1,405 for a one-bedroom apartment, $555.67 for healthcare, $350.33 for groceries, and $315.25 for utilities. Read also Retire Here! 10 Best Small Towns In U.S with Low-cost Of Living To Retire
The Best Cities In Arizona To Retire
Overall, the majority of the cities on the list were able to surpass the $2,626.25 sum of these typical monthly costs. The rankings, which are shown here in reverse order with the most coveted city at the bottom, also took into account AreaVibes’ scores on livability and the percentage of people 65 and older. Here are the list of the best cities in Arizona to retire on $3,000 monthly budget. Read also 3 Best Cities In Northeast To Retire Comfortably With Minimal Cost Of Living
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10. Tempe
•Spending per month: $2,527.70
•percentage of the population of 65 or older: 10.8%
•Livability: 75
Tempe, the home of the Arizona State Sun Devils, is a haven for people seeking affordable housing. The city also has a very high livability score. Monthly costs for groceries, utilities, healthcare, and one-bedroom rent are significantly lower than the national average of $2,626.25. This mark Tempe as one of the best cities in Arizona to retire. Read also 4 Cities With Good Weather To Retire Comfortably At a Relatively Low Monthly Budget
9. Scottsdale
•Spending each month: $2,761.70
•Population over 65 as a percentage: 24.4%
•Livability: 69
Another one of the best cities in Arizona to retire is Scottsdale. Scottsdale has a large senior population, as seen by the 24.4% of residents who are 65 years or older. The city falls short of the best 5 due to its average total monthly expenses, which are actually the most among the 10 best cities in Arizona to retire. The city, which has a high livability rating and bills itself as “The World’s Finest Golf Destination,” yet sees a steady influx of seniors. Read also 10 Most Affordable Places In The United States To Retire On a Low Budget
8. Glendale
•Expenditures per month: $2,369.13
• 11.9% of the population is 65 or older.
•Livability: 73
The livability score for Glendale is 73, yet the average monthly rent for a one-bedroom apartment is only $1,196. Nearly 15% less than the national average, this. Healthcare and grocery prices are both 7.8% and 3.3% below average, respectively.
The Arizona Cardinals of the NFL are here for pro football fans to enjoy, and every February and March, baseball fans come in droves to the city to watch the Los Angeles Dodgers and Chicago White Sox play at one of the nation’s largest Spring Training complexes. Read also What Is The Best State To Live On Social Security Only? Here Are 15 Best States You Can Live Comfortably On Social Security Check Only
7. Tucson
•Expenditures per month: $2,063.13
• 14.8% of the population is 65 or older.
•Livability: 65
You should prepare for high utility bills if you reside in the Arizona desert, where average high temperatures exceed 100 degrees for an astounding 111 days each year. This isn’t the situation in Tucson, where the average monthly power cost is $313.36 as opposed to $315.25, or just slightly less than the national average. Tucson’s healthcare costs are significantly lower than the national average—by a whopping 18.5%. Among the best cities in Arizona to retire, Tucson has the lowest one-bedroom rent at $962 a month. Read also 15 Best Beach Cities To Retire In US On $2,500 Monthly Budget
6. Chandler
•Spending each month: $2,694.78
•12% of the population is 65 and older.
•Livability: 85
Despite having an exceptional livability score of 85, Chandler has a lower-than-average 12% senior population. Costs for healthcare and groceries are below average, and even utilities are only 1.6% higher than the national average. However, with a monthly price of $1,515, one-bedroom rentals are among the most expensive in the state. Read also 10 Most Safest And Best Places To Retire Outside The US
5. Gilbert
•Spending each month: $2,645.20
• 9.7% of the population is 65 or older.
•Livalility: 87
If a high quality of life is what you value most, Gilbert, Arizona is the only place to go. With an excellent 87, the city has the highest livability rating among the top 10 cities in Arizona. The overall cost is also rather modest, around equal to the national average. Scoring Gilbert among the best cities in Arizona to retire. However, maybe surprisingly, there aren’t many seniors in the city; only 9.7% of the population is 65 or older, which is far lower than the national average of 16.0%. Read also 5 Best Places To Retire In Florida On Social Security Only
4. Mesa
•Spending each month: $2,456.08
• 16.6% of the population is 65 or older.
•Liability: 77
Mesa’s monthly spending on groceries and healthcare is 2.8% and 7.8% less than the national average, respectively, which represents a monthly savings of nearly 6%. Even the price of utilities in Mesa isn’t too high; it’s only 0.1% higher than the national average. One-bedroom apartment rent is a very reasonable $1,288 per month. Read also 9 Great Recommended Tips To Retire Happy And Free
3. Goodyear
•Expenditures per month: $2,692.05
• 17.1% of the population is 65 or older.
•Livability: 83
Among the 10 best cities in Arizona, Goodyear has the highest utility costs, which are 5.9% more than the national average. One-bedroom apartment rent is also roughly $100 more expensive than the national average. A extremely high livability score, as well as below-average healthcare and electricity prices, make up for this. Read also 10 Expert-Approved Tips For Retirement Planning(Before You Start Saving)
2. Peoria
•Spending each month: $2,704.85
• 17.5% of the population is 65 or older.
•Livability: 83
Not to be confused with Peoria, Illinois, Arizona’s Peoria has a very high livability score, a sizable population of people 65 and older, and grocery and utility costs that are significantly lower than the national average. Even though Peoria has the highest overall costs of any city on the list for groceries, healthcare, utilities, and one-bedroom rent, you can still live there and take use of all of its facilities for considerably less than $3,000. Read also 10 Affordable And Best Cities To Retire In Florida On a $2,500 Monthly Budget
1. Surprise
•Spending per month: $2,682.95
•23.1% of the populace is 65 years or older.
•Livability: 84
Surprise, Arizona is one of the best Arizona cities to retire in on $3,000 per month, which comes as no surprise to the 150,000 or so people who call it home. Surprise actually has utilities and one-bedroom rents that are more than the national average, but a variety of other advantages and facilities propel it to the top of the list. The city’s livability score of 84 is out of this world, and healthcare and grocery prices are also very reasonable. There’s no surprise that 23.1% of city residents are 65 or older, significantly more than the 16-year-old national average. Read also 10 Most Affordable Private Colleges In The United States That Are Backed By Financial Aid Packages
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