8 Low-Crime Cities Where You Can Live on Nothing but Social Security

If you're planning a retirement escape to somewhere new, finding an affordable place to call home is a top priority for many. As you consider your options, you'll find several for low-crime cities with an affordable cost of living.

Most retirees receive about $2,000 a month from Social Security. While your income may vary, choosing a cost-conscious, safe city can help stretch your financial retirement plan as far as possible.

Here are eight low-crime cities where you could potentially live on nothing but Social Security.

Editor's note: All crime grades come from Crimegrade.org.

Average rent: $1,474

Average home value: $540,686

Carmel boasts an A-, which notes that Carmel is safer than 82% of the country. The city's revitalized downtown area features a beautiful public square, a 1,600-seat concert hall, and ample dining opportunities.

In terms of healthcare, close access to Indianapolis means residents can access world-class healthcare, like the Indiana University Health Medical Center. Plus, the city offers many senior-friendly amenities, like the Monon Community Center's extensive calendar of senior classes.

Average rent: $1,417

Average home value: $453,082

Rochester Hills is safer than 69% of cities in the U.S., according to CrimeGrade.org, and you may not have to break the bank to find a rental in the area. The city's extensive trails and nearby access to nature make it an optimal spot for an active retirement on a budget.

The city offers plenty of healthcare options, including the Henry Ford Rochester Hospital. Attractions include parks with ongoing activities, like hiking and crafting.

Average rent: $1,418

Average home value: $605,134

In addition to relatively low crime rates, residents of this North Carolina city enjoy a relatively low cost of living, which might help to maximize your Social Security check.

For retirees, the relatively mild winters of North Carolina offer a nice reprieve from cold temperatures. As a bonus, Apex residents can tap into the extensive healthcare options available in Raleigh, just a short drive away.

Average rent: $1,030

Average home value: $402,210

Cicero offers residents a laid-back pace of life, centered around the Morse Reservoir. With 1,500 acres of water and 32 miles of shoreline, life tends to revolve around water activities in this charming town.

Affordable rental prices make this an attractive opportunity for retirees on a budget. The city is less than an hour's drive from Indianapolis, which means high-quality healthcare services can be within reach.

Average rent: $1,485

Average home value: $529,480

At the edge of Boise, Meridian offers a relatively affordable alternative to the state's capital. And Meridian's A- grade offers a snapshot into the relative safety that comes with living in the city.

With close proximity to mountain vistas and endless nature, active retirees might find everything they are looking for in Meridian's four-season climate. Additionally, ample healthcare options can make aging in this town comfortable and convenient.

Average rent: $900

Average home value: $195,291

Tucked into the rolling hills of Alabama, Coker stands out as a beacon of safety. The city also happens to boast an "A" safety grade.

Beyond safety concerns, Coker offers an affordable place to call home, especially for those seeking to own their own house. For retirees seeking a slower pace, this small city offers easy access to all of the amenities that Tuscaloosa has to offer.

Average rent: $1,464

Average home value: $422,703

Surprise sits on the edge of the sprawl emanating from Phoenix. Although it's around a 40-minute drive from Phoenix, its "A-" rating makes it worth considering for retirees seeking out a low-crime area with relatively affordable rentals.

Its proximity to a major city gives residents access to a large airport, extensive healthcare options, and endless amenities.

Average rent: $1,410

Average home value: $323,556

Elgin offers an active community with a full calendar of public events, like free concerts and festivals throughout the year. Enjoy strolling around the local farmer's market each week or take advantage of the city's extensive bike path network.

Eglin's crime rate is lower than the nationwide average, too. According to CrimeGrade.org, it's safer than 65% of cities in the U.S.

Retiring with only Social Security income could put you in a tough financial position. If you want to have more funds on hand to enjoy your golden years, consider investing to create a $1 million+ portfolio in the lead-up to your departure from the workforce.

As you explore your financial goals and potential retirement destinations, consider speaking with a financial advisor to help you map out a plan that suits your needs and budget.