A city in Georgia has been named as one of the best to retire on a budget of $3K a month

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If you retire in the city of Macon, researchers found you could afford groceries, healthcare, utilities and transportation within that budget.

According to a study of the 15 southeast cities to retire on a budget of $3,000 a month by GOBankingRates, the average monthly rent in Macon is $1,182.

The study found that Macon falls below the national average for groceries and transportation. GOBankingRates said that the cost for average monthly necessities is around $2,922.

Researchers said that the only additional charges that would exceed the budget would most likely be utility costs due to high air-conditioning bills during the summer months.

The other southeastern cities named on the list where retiring on a budget of $3,000 are the following:

  • Bossier City, Louisiana
  • Jacksonville, North Carolina
  • Spartanburg, South Carolina
  • Roanoke, Virginia
  • New Iberia, Louisiana
  • Little Rock, Arkansas
  • Hattiesburg, Mississippi
  • Danville, Virginia
  • Charleston, West Virginia
  • Johnson City, Tennessee
  • Florence, Alabama
  • Lynchburg, Virginia
  • North Little Rock, Arkansas
  • Huntington, West Virginia

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