Transportation costs are among the steepest expenses for retirees on Social Security, which pays an average monthly benefit of $2,071.30, according to Social Security Administration (SSA) data from December 2025. That same month, Kelley Blue Book (KBB) reported that the average new car price had risen to just a hair under $50,000.
Discover More: The One Vehicle Feature That’s Always Worth the Money for Retirees, According to Car Experts
