Memphis, Tennessee

• Average monthly rent in 2019: $893.50

Living in Memphis is substantially cheaper than living in other metro areas around the U.S., which makes it a perfect destination for those who need to budget but who don’t want to miss out on city life.

Mild winters are also a reason so many retirees move here. That, with the added benefit of warm, sunny days throughout the year makes Memphis the perfect city to explore at any time of the year. A stroll through these enchanting streets could also bring you closer to music. After all, fans of blues will feel right at home here, while those who listen to rock ‘n’ roll won’t escape the fact that they now live where their favorite genre of music was born.