This Small Texas City Is the Cheapest Place to Retire on a Budget in the U.S.

"However, if you're prioritizing affordability in this next chapter of your life, you'll need to narrow down your options even further. Recently, U.S. News & World Report compiled a ranking of the cheapest cities and towns for Americans to retire in 2025 and 2026, and a small city in Texas took the top spot. Based on annual housing costs for mortgage-paying homeowners and median gross rent, Eagle Pass is officially the No. 1 place in Texas-and the country-for retirees to live well on a budget."

"Eagle Pass, located along the Rio Grande River in Maverick County, has a population of just under 29,000. The median home value in the town is $185,037, while the median monthly rent is $632. Best Places reports that the cost of living in Eagle Pass is 20.4 percent lower than the national average, and the median household income is $58,119. But it's not just the hard numbers that make life in Eagle Pass appealing to retirees. It's also home to a golf course, a lake for fishing, walking, biking, and enjoying the great outdoors."

Eagle Pass ranks as the No. 1 most affordable place to retire in Texas and the United States based on annual housing costs and median gross rent. The city of just under 29,000 has a median home value of $185,037 and median monthly rent of $632, with a cost of living about 20.4 percent below the national average and a median household income of $58,119. The community offers recreational amenities including a golf course and a lake for fishing, walking, and biking. Texas has no state income tax, so retirement income, including Social Security, is tax-free at the state level.

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