Massachusetts is a wonderful state, celebrated for its excellent schools, top-tier healthcare, rich history, vibrant arts scene, and abundant outdoor activities.
It’s also a fantastic place to raise a family. But how does it fare for retirees who rely on social security? Are there affordable options for them in this otherwise pricey state?
GoBankingRates has done the homework and pinpointed the top 10 places in Massachusetts where people can live comfortably on social security alone. Let’s take a closer look at the top three:
3 Springfield
Springfield, Massachusetts’ third-largest city, earns the bronze spot. Home to about 155,000 people, it’s an urban hub with a significant portion of its population aged 65 or older, approximately 12.5%. The city balances affordability with a reasonable livability score, making it a solid choice for retirees.
- Average rent: $1,582.17
- Average total monthly cost of living: $3,352.18
- Livability score: 74
Springfield offers various amenities and services that cater to seniors, including healthcare facilities and recreational activities. Despite being a larger city, the cost of living is manageable, particularly for those accustomed to urban conveniences.
2 Pittsfield
Pittsfield takes the second spot, shining with its lower cost of living and smaller-town charm. With a population of around 44,000, roughly 20% of whom are 65 or older, Pittsfield is a welcoming community for retirees. Its affordability, especially in terms of groceries and transportation, stands out.
- Average rent: $1,450.05
- Average total monthly cost of living: $3,178.72
- Livability score: 73
Pittsfield’s serene environment, coupled with its low living costs, makes it an appealing option for those on a fixed income. The city’s cultural offerings, including theaters and museums, provide enriching experiences without breaking the bank.
1 Chicopee
Chicopee tops the list as the most affordable place in Massachusetts for retirees living on social security. This city of approximately 55,000 people offers the lowest average monthly rent and total cost of living among the top three, making it the best choice for those on a tight budget.
- Average rent: $1,431.25
- Average total monthly cost of living: $3,150.08
- Livability score: 75
Chicopee’s appeal lies in its perfect balance of affordability and quality of life. The city’s amenities are easily accessible, and the cost of living is remarkably low for the region. The livability score reflects its community-oriented atmosphere and range of services for older adults.
Why These Cities Stand Out
Springfield, Pittsfield, and Chicopee were selected not just for their affordability, but also for their livability and community features that cater to retirees. Each city offers something unique: Springfield’s urban energy, Pittsfield’s cultural and natural attractions, and Chicopee’s unbeatable affordability.
These cities also provide robust healthcare services, essential for seniors. The availability of parks, recreational activities, and community centers adds to the quality of life, ensuring that retirees can enjoy their golden years without financial stress.
Conclusion
Massachusetts, despite its reputation for high living costs, does offer havens for retirees living on social security. Springfield, Pittsfield, and Chicopee are prime examples of cities where affordability meets quality of life.
These cities provide a comfortable living environment, essential services, and engaging activities that cater specifically to the needs of retirees. Whether it’s the urban vibe of Springfield, the cultural charm of Pittsfield, or the cost-effective lifestyle in Chicopee, retirees have great options to choose from in the Bay State.