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Social Security: 10 best states to retire to and collect benefits

Millions of Americans claim Social Security benefits each month, and when choosing to retire, it takes financial planning.

retirement planning for social security benefits

The average benefit many see is around $1,657, which is hard to live on especially in expensive states.

One idea many have is to retire to a city and state with more affordable living where you can enjoy retirement.

Originally reported by GoBankingRates, Marca breaks down the top ten cities where single retired people can prosper.


Top 10 cities retired Social Security recipients can save the most

Davenport, Iowa, where the median rent is $644 and cost of living score is 81.7.

Abilene, Texas, where the median rent is $780 and the cost of living score is 78.1.

Norman, Oklahoma, where the median rent is $715 and the cost of living score is 89.4.


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Lake Charles, Louisiana, where the median rent in $622 and the cost of living score is 83.4.

Des Moines, Iowa, where the median rent is $729 and the cost of living score is 81.2.

Rochester, Minnesota, where the median rent is $800 and the cost of living score is 94.1.

Fort Wayne, Indiana, where the median rent is $718 and the cost of living score is 78.9.


St. Charles, Missouri, where the median rent is $718 and the cost of living score is $831.

Lynchburg, Virginia, where the median rent is $786 and the cost of living score is 82.9.

Rock Springs, Wyoming, where the median rent is $692 and the cost of living score is 96.2.

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