The Cheapest US Cities to Retire in

The Cheapest US Cities to Retire in

The majority of Americans will retire broke or go broke during their golden years, but how long your retirement savings will last might depend on where you live.

GOBankingRates found the cheapest U.S. cities to retire in by comparing the cost of living, housing, groceries, transportation, health and utilities in 150 cities from Sperling’s Best Cities.

The top five states...starting from number five are Toledo, Ohio, Memphis, Tennessee, Jackson, Mississippi, Detroit, Michigan and Birmingham, Alabama. GOBankingRates say Birmingham’s cost of living is 27.4 percent lower than the national average. The city also has the lowest amounts spent on health, transportation and housing.

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