Adrian Berlutti
Retiring on Social Security means picking locations where your fixed income stretches and life feels full. Luckily, Illinois has such places that can make budget-friendly living look good for couples. Are you wondering where to find these affordable havens with great amenities? Here are 10 towns that strike the perfect balance between cost and comfort for retirees.
Pontiac
Pontiac features affordable housing, low property taxes, and budget-friendly utilities, making it perfect for retirees. The cost of groceries and healthcare is also lower than in larger cities, allowing Social Security benefits to stretch further. Additionally, the town’s historic downtown and community events add to its appeal.
Peoria
Looking for a place that’s easy on the wallet? Peoria’s got you covered! With affordable living costs, including low property taxes and utilities, it’s a great spot for retirees. Plus, you’ll find lots of cultural spots and friendly neighborhoods that help you feel right at home.
Berwyn
Berwyn provides easy access to Chicago without the high costs. Affordable housing and rental options suit retirees on fixed incomes. The town’s strong sense of community is highlighted by events like the Berwyn Arts & Crafts Festival, which features seniors’ entertainment and social opportunities while ensuring a fulfilling retirement experience.
Woodstock
Woodstock combines historic charm with affordable living, making it ideal for retirees on a Social Security check. Homes typically cost around $200,000, and one-bedroom apartments rent for $800–$1,000. Senior-friendly places like Hearthstone Manor provide budget-conscious living. With lively events like Woodstock Groundhog Days, it’s a charming yet affordable place to settle down.
Oak Lawn
Oak Lawn features affordable living for retirees, with independent care costs ranging from $1,645 to $5,033 per month. Senior apartments cater to different budgets, and nearby amenities ensure retirees stay connected without stretching their finances. The area’s ample parks and recreational options add to its appeal as an affordable retirement destination.
Rockford
Affordable housing is abundant in Rockford, with rents typically ranging from $600 to $900 per month and homes priced around $120,000. Additionally,55+ communities feature social events and wellness programs. With cultural attractions like the Burpee Museum and beautiful parks, it’s an ideal, budget-friendly destination for retirees.
Decatur
Decatur, known as the “Soybean Capital of the World,” provides a low cost of living, which makes it a budget-friendly option for retirees. Affordable groceries, healthcare, and local services allow Social Security benefits to stretch further. Additionally, the city’s strong economy, based on agriculture, helps keep prices reasonable.
Quincy
Quincy’s lower property tax rate of 2.1% aids in reducing housing costs for retirees. Dining out remains budget-friendly, with most meals averaging $10–$15, while local cultural events typically charge low or no entry fees. Moreover, public transportation provides senior fares starting at just $0.50, creating cost-effective ways to explore the city.
Belleville
Retirees in Belleville enjoy an affordable lifestyle with budget-friendly dining, recreational activities, and low-cost public transportation. Its low cost of living makes it ideal for those on a fixed income. Community events like Art on the Square and the PSOP Senior Celebration enhance the local retirement experience with fun and engagement.
Alton
Alton welcomes retirees with beautiful Mississippi River views and affordable senior living options, including Alton Towers and Skyline Towers. Nearby communities like Morningside of Godfrey and Villa Rose provide assisted living for those who need extra support. Senior safety programs and lifelong learning contribute to a secure and engaging lifestyle.
