Happy retired couple walking. Piggy bank can be seen. These are the secret cities in the Midwest where you can live your retirement dreams without breaking the bank!

6 Surprising Midwest Cities Where You Can Retire Like Royalty On Just $2,500 A Month

🏰 These are the secret cities in the Midwest where you can live your retirement dreams without breaking the bank! 👑 #Midwest #Retirement #RealEstate

EDINA, MN – Are you dreaming of a comfortable retirement but worried about stretching your budget? Look no further! We’ve scoured the data from GoBankingRates to bring you six fantastic cities where you can enjoy your golden years without breaking the bank.

With a monthly budget of just $2,500, these destinations offer a perfect blend of affordability and livability. Let’s dive in and discover your ideal retirement haven!

Akron, Ohio- Midwest City Where You Can Retire Like Royalty On $2,500/mo!

1. 🌳 Akron, Ohio

Topping our list is Akron, Ohio, with an impressive livability score of 81. This vibrant city offers retirees a perfect balance of urban amenities and natural beauty.

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With an average monthly mortgage of $699 and total monthly expenditures of $2,361, Akron proves that you can enjoy a high quality of life without sacrificing your savings.

Cleveland, Ohio- Midwest City Where You Can Retire Like Royalty On $2,500/mo!

2. 🎭 Cleveland, Ohio

If you’re looking for a larger city with a rich cultural scene, Cleveland might be your perfect match. Boasting a population of 374,861, this Ohio gem offers endless opportunities for entertainment and exploration.

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With monthly necessities costing less than $1,700 and a total monthly expenditure of $2,312, Cleveland is an affordable choice for retirees seeking an exciting urban lifestyle.

Freeport, Illinois- Midwest City Where You Can Retire Like Royalty On $2,500/mo!

3. 🏞️ Freeport, Illinois

Nestled in the northwest corner of Illinois, Freeport is a charming city that offers retirees a peaceful and affordable lifestyle. With an average monthly mortgage of $631 and total monthly expenditures of $2,395, Freeport falls comfortably within our $2,500 budget.

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Its livability score of 72 ensures that you’ll enjoy a comfortable and satisfying retirement experience.

Riverview, Missouri- Midwest City Where You Can Retire Like Royalty On $2,500/mo!

4. 🌉 Riverview, Missouri

If you’re drawn to the allure of the Mississippi River, Riverview in St. Louis County might be your ideal retirement destination. With the second-lowest average monthly mortgage cost in our study at $375, Riverview offers an affordable entry point for retirees.

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While its livability score of 59 is the lowest on our list, the total monthly expenditures of $2,181 make it a budget-friendly option worth considering.

Steubenville, Ohio - Midwest City Where You Can Retire Like Royalty On $2,500/mo!

5. 🏡 Steubenville, Ohio

Another Ohio city that shines for retirees is Steubenville. With a livability score of 76 and total monthly expenditures of $2,487, Steubenville offers a comfortable and affordable retirement lifestyle.

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Its proximity to Pittsburgh adds an extra layer of excitement, allowing you to enjoy the best of both cities.

Alliance, Ohio- Midwest City Where You Can Retire Like Royalty On $2,500/mo!

6. 🌄 Alliance, Ohio

Rounding out our list is Alliance, Ohio, where you can retire comfortably with a monthly budget of $2,500.

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Despite having the highest average monthly mortgage cost on our list at $864, Alliance boasts the lowest cost of monthly necessities, helping it secure a spot in our top 6. Its livability score of 76 ensures that you’ll enjoy a satisfying retirement experience in this charming Ohio city.

Happy retired couple with cat looking out window.

🌟 Best Cities To Retire With a Monthly Budget of $2,500

Embarking on your retirement journey is an exciting chapter in your life, and choosing the right city is crucial. By considering factors like housing costs, monthly necessities, and overall livability, you can make an informed decision that aligns with your budget and lifestyle preferences.

Whether you’re drawn to the urban excitement of Cleveland or the peaceful charm of Freeport, these six cities prove that you can retire in style without sacrificing your financial stability. Happy retirement planning!

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Editor’s note: Read the study here.

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