Still, living on a fixed income doesnt mean you have to miss out on a satisfying retirement. Groceries are also on the low end of the spectrum at $348.52. CD Rates Today: May 1 Special 9-Month Term With 5.5% APY. You can click on the 'unsubscribe' link in the email at anytime. Kyrenia, Northern Cyprus. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Des Moines also features monthly healthcare costs on the higher end at an average of $495.27 per month. GOBankingRates then used Sperlings Best to find the cost of living index for every city on the list, looking at (2) grocery and (3) healthcare index scores. The weather is nice too with an average high of 77 F. Abilene is located in Taylor and Jones Counties in Texas and features a bustling retirement community as 15% of the population is 65 and older. The bad news is that most retirees arent sitting on a nest egg the size of Fort Knox. Please try again later. These offers do not represent all available deposit, investment, loan or credit products. Lincoln, Nebraska. Healthcare costs are very high though at $663.19 a month. A one-bedroom here is $681 the cheapest you can find on this list. Make the most of your phone plan with an Unlimited 55+ plan from T-Mobile. Where to retire on $2000 a Month [4 Experts Give Their Advice] A certificate of deposit, more commonly known as a CD, is an investment that earns interest over a set period of time at a locked-in rate. This city by the Cedar Rapids offers above average (in terms of this list) housing costs, with a one-bedroom going for $810 a month. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.Kathleen was a partner with Agora Publishings International Living group for 23 years. For that reason, it may make sense to rent, at least at the beginning.