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Retirement should be a period with no stress and lots of relaxation. With today’s rising costs in the US, it’s important to consider all your options. These states offer a combination of affordable living costs, access to healthcare, senior-friendly amenities, and a high quality of life without breaking the bank.
Hickory, North Carolina
This town has a population of approximately 400,000 and is known for its furniture manufacturing. However, its low cost of living will help Boomers retire comfortably. The median cost to own a home is approximately $1100.
The median monthly housing cost is $1400 and $900 for renters. Good luck finding rent this cheap in places like New York City. This isn’t only a great place to retire. Companies like Macy’s are headquartered here.
Fort Wayne, Indiana
According to RentCafe, living costs are 11% lower than the national average. It’s also important to note that Fort Wayne is approx. 29% cheaper than the US average. With today’s housing market, every little helps.
The cost of living in Ocala, Florida, is roughly 30% lower, according to Forbes Advisor. Wait, it gets better. The housing costs are approximately 40% lower. Fight inflation moving this location. You’ll have plenty to do in your retirement, such as kayaking, visiting local museums, or going hiking.
Iconic, for its famous show The Office, Scranton has roughly 42% lower housing costs. Medical costs will be slightly lower here too. Grab some popcorn and explore local museums or lakes.
Also known as “Blitzburgh,” this city has an average housing cost of $200,000, according to US News. Many iconic musicians such as Mac Miller, Wiz Khalifa, and others rose from this city. Visit local parks, museums, or watch the city’s professional football team play.
According to Forbes Advisor, housing costs in this city are approx. 20% cheaper, and healthcare 25% cheaper. Here you’ll have the option to explore local gardens, creeks, and museums.
You’ll be happy that the average median home price here is $160,000. It’s hard to believe you can find houses around this price range. You won’t be bored here. Check out the Toledo Zoo or botanical garden, among other great things this city offers.
Asheville, North Carolina
Also known as “Beer City,” Asheville offers an excellent food scene with access to local farmers. The cost of living here will be slightly higher than other places on this list, with an average median home price of $360,000.
Grand Rapids, Michigan
This city is known for its craft brewery and booming businesses, attracting new people each year. The average median home price is approx. $340,000. Head over to local museums or the Van Andel Arena to watch various events year-round.
Green Bay, Wisconsin
The median house price here is less, approx $280,000. Home to the Green Bay Packers, Green Bay has a mix of big-city vibes and a mid-western small-town feel. If you’re a football fanatic, head over to the Lambeau Field or the Bay Beach Amusement Park if you’re looking for a little thrill.
South Bend, Indiana
Home to one of the top US universities, Notre Dame, this city has a median home price of approx. $200,000. You’ll be able to explore local museums and parks, among other things.
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