Retirement is an exciting chapter of life, but finding a place that combines affordability with a high quality of life can be challenging. Many retirees are seeking destinations where their hard-earned savings can go further while still enjoying great amenities, beautiful surroundings, and a welcoming community.
Nearly 40% of retirees rely on Social Security in retirement, making affordability a crucial factor when choosing a retirement destination?1 If you’re on the lookout for budget-friendly retirement spots in the United States, look no further.
Here are 13 affordable places that offer a high quality of life, great amenities, and a friendly community vibe.
1. Asheville, North Carolina
Asheville is a haven for retirees seeking a blend of natural beauty and vibrant arts scenes. Nestled in the Blue Ridge Mountains, this charming city offers a mild climate, making outdoor activities like hiking and gardening enjoyable year-round. The cost of living is relatively low compared to the national average, with affordable housing options and a thriving local food scene that won’t strain your wallet.
Aside from its affordability, Asheville boasts a strong sense of community and ample opportunities for social engagement. The city’s numerous cultural festivals, art galleries, and music venues ensure there’s always something to do. Healthcare services are also top-notch, with several reputable hospitals and clinics in the area catering to the needs of retirees.
2. Prescott, Arizona
Prescott offers retirees a blend of historic charm and modern amenities at an affordable price. Known for its pleasant climate, with mild winters and warm summers, this Arizona town is perfect for those who enjoy outdoor activities like golfing, hiking, and fishing. The cost of living is reasonable, and housing prices are more affordable than in many other parts of the state.
In addition to its natural beauty and affordability, Prescott provides excellent healthcare facilities, making it a practical choice for retirees. The town’s vibrant downtown area is filled with quaint shops, restaurants, and cultural attractions, providing ample opportunities for entertainment and socializing. Prescott’s friendly community atmosphere makes it easy for newcomers to feel at home.
3. Lancaster, Pennsylvania
Lancaster is an excellent choice for retirees looking for a mix of rural charm and urban conveniences. The cost of living in Lancaster is lower than the national average, with affordable housing and everyday expenses. The area is known for its beautiful countryside, offering plenty of opportunities for outdoor activities and scenic drives.
Beyond its affordability, Lancaster has a rich cultural heritage and a variety of attractions. The city’s numerous festivals, farmers’ markets, and cultural events would be your entertainment options.
4. Sarasota, Florida
Sarasota combines the best of Florida’s sunshine and coastal beauty with affordability, making it a popular choice for retirees. The city offers a relatively low cost of living, with affordable housing options and no state income tax. Sarasota’s beautiful beaches, parks, and cultural attractions provide endless opportunities for relaxation and recreation.
The city’s vibrant arts scene, with its theaters, galleries, and museums, ensures that there’s always something to see and do. Sarasota also boasts excellent healthcare facilities, with several highly rated hospitals and medical centers. The friendly community and numerous social clubs make it easy for retirees to build new friendships and enjoy an active lifestyle.
5. Fayetteville, Arkansas
Fayetteville offers a unique blend of natural beauty, cultural attractions, and affordability. Located in the scenic Ozark Mountains, this charming town provides retirees with a low cost of living and affordable housing options. Fayetteville’s mild climate and numerous parks and trails make it ideal for outdoor enthusiasts.
Fayetteville has a vibrant arts and music scene, with numerous festivals, galleries, and live performances. The town also boasts excellent healthcare facilities, ensuring that retirees have access to top-notch medical care. Fayetteville’s friendly and welcoming community makes it a great place for retirees to settle down and enjoy their golden years.
6. Grand Rapids, Michigan
Grand Rapids is a hidden gem for retirees looking for an affordable and vibrant place to live. The city’s cost of living is lower than the national average, with affordable housing and everyday expenses. Grand Rapids offers a rich cultural scene, with numerous museums, theaters, and music venues to explore.
The city has great healthcare facilities, with several highly rated hospitals and medical centers. Grand Rapids also boasts a variety of outdoor activities, from parks and trails to nearby lakes and rivers.
7. Greenville, South Carolina
Greenville is an ideal retirement destination for those seeking a blend of affordability and Southern charm. The city’s cost of living is below the national average, with affordable housing options and low everyday expenses.
In addition to its affordability, Greenville has a vibrant downtown area filled with shops, restaurants, and cultural attractions. The city hosts numerous festivals and events throughout the year, providing ample entertainment options.
8. San Antonio, Texas
San Antonio offers retirees a rich cultural experience at an affordable price. The city’s cost of living is lower than the national average, with affordable housing options and no state income tax. San Antonio’s warm climate and numerous parks and trails make it perfect for outdoor activities.
The city’s vibrant arts and cultural scene, with its theaters, museums, and historic sites, ensures that there’s always something to see and do. San Antonio has excellent healthcare facilities, with several highly rated hospitals and medical centers.
9. Pittsburgh, Pennsylvania
Pittsburgh combines affordability with a rich cultural heritage, making it an attractive option for retirees. The city’s cost of living is lower than the national average, with affordable housing and everyday expenses.
Pittsburgh’s numerous parks, trails, and cultural attractions provide endless opportunities for relaxation and recreation. The city streets have a great culture for arts, with numerous theaters, galleries, and live performances throughout the year.
10. Knoxville, Tennessee
Knoxville is a picturesque and affordable retirement destination in the heart of the Appalachian Mountains. The city’s cost of living is below the national average, and housing and everyday expenses are affordable.
Knoxville has a mild climate and many parks and trails. The city’s vibrant downtown area is filled with shops, restaurants, and cultural attractions, providing ample entertainment options.
11. Oklahoma City, Oklahoma
Oklahoma City offers retirees a blend of affordability and vibrant city life. The city’s cost of living is lower than the national average, with affordable housing options and low everyday expenses.
Oklahoma City has a mild climate and also a rich cultural scene, with numerous theaters, museums, and music venues to explore.
12. Columbia, South Carolina
Columbia is an affordable and charming retirement destination with a warm Southern welcome. The city’s cost of living is below the national average, with affordable housing and everyday expenses. Columbia’s mild climate and numerous parks and trails make it ideal for outdoor enthusiasts.
In addition to its affordability, Columbia has a vibrant downtown area filled with shops, restaurants, and cultural attractions. The city provides ample entertainment options with festivals.
13. Boise, Idaho
Boise is a hidden gem for retirees seeking affordability and natural beauty. The city’s cost of living is lower than the national average, with affordable housing options and low everyday expenses.
In addition to its affordability, Boise has a lively arts and music scene, with numerous theaters, galleries, and live performances. The city also boasts excellent healthcare facilities and a friendly community.
Finding an affordable place to retire in the US doesn’t mean compromising on quality of life. Each location provides unique advantages, whether it’s outdoor activities, cultural attractions, or excellent healthcare. By choosing one of these spots, you can enjoy your retirement to the fullest without stretching your budget.
Source:
- https://www.nirsonline.org/2020/01/new-report-40-of-older-americans-rely-solely-on-social-security-for-retirement-income/
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Nancy Maffia
Nancy received a bachelor’s in biology from Elmira College and a master’s degree in horticulture and communications from the University of Kentucky. Worked in plant taxonomy at the University of Florida and the L. H. Bailey Hortorium at Cornell University, and wrote and edited gardening books at Rodale Press in Emmaus, PA. Her interests are plant identification, gardening, hiking, and reading.
