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If you’re dreaming about retirement but working with a modest budget, say around $2,500 a month or roughly $30,000 a year, the idea might sound tough. But the truth is, your money can go surprisingly far if you choose the right place to live. The trick is finding a spot that offers good weather, affordable living, and enough activities to make retirement feel like, well, retirement.
From sunny southern cities to a few hidden Midwest gems, here are five affordable places where retirees can enjoy warm weather, friendly communities and a comfortable lifestyle without breaking the bank.
1. El Paso, Texas
With a median household income of about $58,734, the city offers a cost of living roughly 12% to 18% below the U.S. average, per Payscale. The cost-of-living index for El Paso lands around 81.9 (meaning it’s 18.1% cheaper than the national average) according to BestPlaces…