Retirement doesn’t have to break the bank. These cities offer affordability without compromising on quality of life, making them ideal for retirees on a budget. Below are the cities and the estimated amount you’ll need to retire in each comfortably.
#1. Knoxville, Tennessee
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1082210768-1.jpg)
Estimated Retirement Savings Needed: $600,000
Knoxville boasts a low cost of living, affordable housing options, and access to quality healthcare, making it an attractive choice for retirees.
#2. Omaha, Nebraska
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1205655229-1.jpg)
Estimated Retirement Savings Needed: $650,000
With its affordable housing market, low taxes, and ample recreational activities, Omaha provides retirees with a comfortable lifestyle on a budget.
#3. Greenville, South Carolina
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1165403800-1.jpg)
Estimated Retirement Savings Needed: $700,000
Enjoy a mild climate, picturesque scenery, and a low cost of living in Greenville, making it an excellent option for retirees seeking affordability.
#4. Birmingham, Alabama
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_696217879-1.jpg)
Estimated Retirement Savings Needed: $700,000
Birmingham offers a low cost of living, mild climate, and a rich cultural scene, making it an attractive option for retirees seeking affordability.
#5. Boise, Idaho
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1207965919-1.jpg)
Estimated Retirement Savings Needed: $750,000
Boise offers outdoor recreational opportunities, a thriving cultural scene, and a lower cost of living compared to other West Coast cities.
#6. Memphis, Tennessee
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_705893698-1.jpg)
Estimated Retirement Savings Needed: $750,000
With its renowned music scene, historic landmarks, and affordable housing options, Memphis provides retirees with a vibrant and culturally rich environment.
#7. El Paso, Texas
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_2143344995-1.jpg)
Estimated Retirement Savings Needed: $800,000
Enjoy a warm climate, diverse culinary scene, and affordable housing market in El Paso, making it an appealing choice for retirees looking to stretch their savings.
#8. Tampa, Florida
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_262697828-1.jpg)
Estimated Retirement Savings Needed: $800,000
With its warm climate, vibrant cultural scene, and affordable housing options, Tampa provides retirees with a relaxed coastal lifestyle without breaking the bank.
#9. Fayetteville, Arkansas
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1341355673-1.jpg)
Estimated Retirement Savings Needed: $850,000
Fayetteville offers a college town atmosphere, scenic beauty, and a lower cost of living compared to larger cities, providing retirees with a relaxed and affordable lifestyle.
#10. Albuquerque, New Mexico
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1485044570-1.jpg)
Estimated Retirement Savings Needed: $850,000
Enjoy a diverse culture, stunning desert landscapes, and a low cost of living in Albuquerque, making it an appealing choice for budget-conscious retirees.
#11. Bozeman, Montana
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1133543615-1.jpg)
Estimated Retirement Savings Needed: $900,000
Nestled in the Rocky Mountains, Bozeman offers outdoor recreation, cultural attractions, and a strong sense of community, making it an ideal destination for retirees seeking a mix of adventure and affordability.
#12. Colorado Springs, Colorado
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1443720419-1.jpg)
Estimated Retirement Savings Needed: $900,000
Nestled against the backdrop of the Rocky Mountains, Colorado Springs offers outdoor adventures, a strong sense of community, and a lower cost of living than Denver.
#13. Pittsburgh, Pennsylvania
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_740014783-1.jpg)
Estimated Retirement Savings Needed: $950,000
Known for its affordable housing, cultural amenities, and access to world-class healthcare, Pittsburgh provides retirees with a comfortable and fulfilling lifestyle.
#14. Wichita, Kansas
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1872014986-1.jpg)
Estimated Retirement Savings Needed: $990,000
Wichita offers a low cost of living, a strong sense of community, and plenty of recreational activities, making it an attractive option for retirees looking to stretch their savings.
#15. Las Vegas, Nevada
![](https://www.fromfrugaltofree.com/wp-content/uploads/2024/03/shutterstock_1495290980-1.jpg)
Estimated Retirement Savings Needed: $1,000,000
With its affordable housing options, entertainment, and favorable tax environment, Las Vegas offers retirees a lively lifestyle without the need for a million-dollar nest egg.
This generation’s approach to managing economic adversity may well redefine societal norms around independence, homeownership, and the transition to adulthood.
The post Retire Like Royalty in 15 U.S. Cities Where $1M Goes a Long Way first appeared on Thrift My Life.
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The content of this article is for informational purposes only and does not constitute or replace professional financial advice.