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.
“You know, it might just be time we take a look if HOAs are really even necessary.
Maybe we should just do away with homeowner associations as a whole.”
South Florida lawmaker Rep. Juan Carlos Porras (R-Miami) says it may be time to do away with homeowners associations altogether, as more Floridians speak out about rising fees, costly lawsuits, and even arrests tied to HOA disputes. He said this week that he is considering filing legislation in the next session that would abolish HOAs statewide.
