Living gracefully on Social Security is possible in the right southern towns. Explore these affordable gems to enjoy your retirement without breaking the bank.
Affordable Towns for Retirement
Considering a move to make your retirement financially viable? Southern towns often present the ideal solution with their lower cost of living. With an average Social Security payment of $1,976 for individuals and $3,014 for couples as of 2025, retirees can achieve a comfortable lifestyle in regions that allow them to maximize their income. Here’s a closer look at eight standout towns suited for living on Social Security alone.
Paris, Tennessee: A Quaint Oasis
With an average rent of $850 and a median home price of $225,000, Paris, Tennessee is an iconic choice for retirees. This tiny town, with only 14 rentals available, offers breathtaking features, including a 70-foot replica of the Eiffel Tower, situated near Kentucky Lake. The natural beauty here is coupled with no state income tax, allowing your Social Security funds to stretch further. Enjoy activities like boating, fishing, and soaking in the scenic lakeshore views.
Eufaula, Alabama: Lakefront Living on a Budget
Eufaula combines affordability with charm, boasting an average rent of $1,950 and a median home price of $157,123. This tranquil lakeside town offers a perfect retirement haven for those who appreciate historic homes without the hustle and bustle of tourism. The cost of living in Eufaula is 25% lower than the national average, enhancing your ability to live comfortably and enjoy your retirement.
Abbeville, South Carolina: Embrace History and Community
The historic charm of Abbeville, with an average rent of $1,400 and a median home price of $208,226, offers retirees a warm and welcoming community. With a population of just under 5,000, you’ll find friendly neighbors and a rich cultural backdrop. Living expenses, including food and transportation, run 25% lower than the national average, making your budget easier to manage. The town’s opera house and community events enrich your retirement experience.
Blairsville, Georgia: Nature’s Retreat
Nestled in the Blue Ridge Mountains, Blairsville caters to those who love the outdoors. Although the average rent is $1,872 and the median home price is $373,945, this picturesque town offers stunning natural beauty and a vibrant local community. Enjoy four distinct seasons and a cost of living that’s over 8% less than the national average. Budgeting strategically can make living here feasible even for those solely relying on Social Security.
Burnsville, North Carolina: Artistic Vibes
With a close-knit population of 1,614, Burnsville is celebrated for its artistic community. While the average rent reaches $2,400 and median home prices sit at $307,260, those who enjoy fine arts will find it a worthwhile investment. The town offers various outdoor activities and galleries, allowing for a fulfilling lifestyle packed with creativity, ideal for artistic retirees.
Tellico Plains, Tennessee: Outdoor Adventure Awaits
Outdoor enthusiasts will thrive in Tellico Plains with an appealing average rent range of $500 to $3,400 and a median home price of $232,422. Here, the cost of living is more than 20% lower than the national average, providing ample room in your budget for leisure activities. Experience nature’s beauty through hiking, fishing, and exploring picturesque trails and waterfalls, enhancing an active and healthy retirement.
Jefferson, Texas: A Historic Retreat
The average rent in Jefferson is estimated at $1,200 with a median home price of $163,005. Drawing in retirees with its historic charm, this town boasts preserved 1800s architecture and a lively downtown with plenty of boutiques and eateries. With activities ranging from ghost tours to arts and crafts fairs, Jefferson offers both affordable and engaging living experiences for retirees seeking to enjoy their golden years.
Bell Buckle, Tennessee: Quirky and Unique
For a unique twist, consider Bell Buckle, with average rent around $1,879 and a median home price of $414,512. This tiny town showcases Victorian architecture and has a lively community atmosphere, hosting events like the popular RC Cola & MoonPie Festival. While the cost of living is more than 15% lower than the national average, prudent financial planning will allow you to enjoy this charming community.
Maximize Your Savings with AARP Membership Benefits
For retirees aged over 50, joining AARP can unlock an array of savings opportunities. Enjoy discounts on invaluable services such as travel, meal deliveries, eyeglasses, and prescriptions. Membership not only helps your budget but also connects you to resources for retirement planning, caregiving, and protecting your finances through the AARP Fraud Watch Network. Begin your journey by creating your account and accessing exclusive discounts, including 25% off your first-year membership.
Taking proactive steps to ensure an affordable retirement can help you live well on Social Security. Consider investing in properties within these affordable towns for retirement. Each of these towns carries unique charm, affordability, and an inviting community atmosphere, making them ideal for retirees seeking a fulfilling and economically sustainable retirement.