Most Affordable Places to Retire
Article written by Nicole Serviss
RE/MAX Elite - Managing Broker
Choosing the perfect place to retire is a significant decision that can greatly impact your quality of life and financial well-being. Finding an affordable location that also offers the amenities and lifestyle you desire is super important to be able to enjoy your golden years. Let’s explore some of the most affordable places to retire, taking into account cost of living, healthcare access, recreational activities, and overall quality of life.
1. Asheville, North Carolina
The median sales price for a rambler in Asheville is approximately $463,000
Nestled in the Blue Ridge Mountains, Asheville offers a unique blend of natural beauty and culture. The cost of living in Asheville is lower than the national average, making it an attractive option for retirees. The city is known for its thriving arts scene, excellent healthcare facilities, and numerous outdoor activities such as hiking and fishing. With its mild climate and welcoming community, Asheville provides a perfect balance of affordability and quality of life.
2. Gainesville, Florida
The median sales price for a rambler in Gainesville is about $290,000
Gainesville is a charming city that combines the perks of Florida living without the high costs associated with more popular destinations like Miami or Orlando. Home to the University of Florida, Gainesville boasts excellent healthcare facilities and a variety of recreational activities. The cost of living is quite reasonable, and there is no state income tax in Florida, which can be a significant financial advantage for retirees.
3. Greenville, South Carolina
The median sales price for a rambler in Greenville is around $335,000
Greenville is rapidly gaining popularity among retirees due to its affordable cost of living, vibrant downtown area, and beautiful scenery. The city offers a range of housing options, from quaint downtown apartments to spacious suburban homes. Greenville is also known for its excellent healthcare system and a variety of recreational opportunities, including parks & golf courses. Its moderate climate and friendly community make it an ideal place to enjoy retirement.
4. San Antonio, Texas
The median sales price for a rambler in San Antonio is approximately $265,000
San Antonio is a large city with a small-town feel, offering retirees an affordable cost of living and a rich heritage. The city is famous for its historic sites, including the Alamo and the beautiful River Walk. Texas has no state income tax, which is a significant benefit for retirees. San Antonio also boasts a warm climate, excellent healthcare facilities, and a variety of recreational activities, making it a top choice for affordable retirement living.
5. Boise, Idaho
The median sales price for a rambler in Boise is about $450,000
Boise is known for its stunning natural landscapes and outdoor recreational opportunities. The city offers a low cost of living and a high quality of life, with plenty of parks, trails, and events. Boise’s healthcare system is highly rated, and the city has a growing retiree community. The combination of affordable housing, low crime rates, and a welcoming atmosphere makes Boise an attractive option for retirees seeking a balance of adventure and affordability.
We wrote this guide to help you better plan and prepare for retirement. You’ll find a list of the professionals we recommend you talk to and the questions you should ask them as you prepare for retirement.
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6. Lancaster, Pennsylvania
The median sales price for a rambler in Lancaster is around $230,000
Lancaster is a picturesque city with a rich history and a strong sense of community. The cost of living in Lancaster is below the national average, and the area offers a variety of affordable housing options. Known for its beautiful countryside and Amish culture, Lancaster provides a peaceful and charming environment for retirees. The city also has excellent healthcare facilities and a wide range of recreational activities.
7. Tucson, Arizona
The median sales price for a rambler in Tucson is approximately $320,000
Tucson is a desert oasis that offers retirees a warm climate, stunning landscapes, and an affordable cost of living. The city is home to the University of Arizona, which provides top-notch healthcare facilities. Tucson’s outdoor recreational opportunities are abundant, with numerous parks, golf courses, and hiking trails. The affordable housing market and the absence of a state income tax on Social Security benefits make Tucson a highly attractive retirement destination.
Choosing the most affordable place to retire involves careful consideration of various factors, including cost of living, healthcare access, recreational activities, and overall quality of life. The cities listed above offer a blend of affordability and amenities, making them ideal choices for retirees looking to enjoy their golden years without financial stress. Whether you prefer the mountains, the desert, or a charming small town, there is an affordable retirement destination that can meet your needs and enhance your retirement experience.
