Looking to retire on a budget? GOBankingRates found affordable destinations with a high quality of life and low cost of living. Explore beautiful U.S. cities known for being some of the cheapest places to retire. Each city met specific requirements like a high percentage of seniors and affordable monthly expenses.

Beaumont, with a population of 113,710, ranks first for retirees due to its affordable cost of living and low housing expenses. Cannon Beach, with a population of 1,368, offers stunning natural beauty perfect for a relaxing retirement. Santa Fe, with a population of 88,244, is an ideal retirement destination known for its cultural richness and outdoor activities.

Whitefish, with a population of 2,179, provides a comfortable lifestyle surrounded by natural beauty. Marfa, with a population of 2,676, offers stunning desert landscapes at an affordable price. Leavenworth, with a population of 8,422, boasts a charming Bavarian village atmosphere and outdoor recreation opportunities.

Seward, with a population of 22,332, is a magical retirement spot with a low cost of living and benefits for retirees. Portsmouth, with a population of 19,421, offers reasonably priced real estate and beautiful natural scenery. Naples, with a population of 2,735, is a cozy beach town with affordable housing costs and a vibrant senior community.

Read more at Yahoo Finance: 10 Cheap, Beautiful Places To Retire