TAMPA, Fla. — Florida is full of sunny, warm places to retire, however they can definitely come at a high cost. But don't worry, there are still lots of cities across the state that are both beautiful and budget-friendly.
GOBankingRates compiled a list of the top 10 best Florida cities to retire on $3,000 a month, including the cost of renting a one-bedroom apartment, groceries, utilities, and healthcare.
According to the study, the best affordable city to retire in Florida is Lake Wales. You can look to spend around $2,751 per month and 27% of the population there is 65 years and older.
Here are the top 10 Florida cities to retire on $3,000 a month, according to GOBankingRates:
- Lake Wales- $2,751
- Milton- $2,932
- Eustis- $2,950
- Titusville- $2,933
- Inverness- $2,921
- Bartow- $2,946
- Deland- $2,932
- Pensacola- $2,840
- Cocoa- $2,991
- Panama City- $2,966
Click here to check out the full study.
"It made all the hard days worth it"
In 2024, Tampa Bay 28 Anchor Lauren St. Germain brought viewers the story of a young mom here in Florida who was diagnosed with stage four metastatic breast cancer. Now, Lauren is following through and giving an update on her experimental cell vaccine therapy.
