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It depends not only on how big your benefit is, but also on where you live.
That pencils out to $22,453 a year if youre single and $33,378 each year for couples.
Those dollars will go a lot further in some cities than they will in others.
Social Security is meant to supplement your retirement savings and any retirement income you have, not replace them.
Living on Social Security alone can be challenging if not impossible, especially in Americas largest cities.
We also included a livability score for each city from AreaVibes.
The full methodology is included at the end of the story.
Heres the list, counting down in reverse order from the 50thmost populous U.S. city tothe most populous.
For each city, a number of other factors were sourced from the survey, including total population.
Cost-of-living indexes were sourced from Sperlings BestPlaces.
A livability index was sourced from AreaVibes.
The average single-family home value was sourced from the Zillow Home Value Index.
Using mortgage and expenditure costs, the total cost of living was calculated.
The cities were sorted by their total population.
All data was collected on and is up to date as of Sept. 20, 2024.
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