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10 Most Affordable Places to Retire

10 Most Affordable Places to Retire

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• Updated: July 13, 2018

From sunny, tropical Florida to a historically significant city in Texas, America has plenty of cities that are quite inexpensive for retirees to settle and enjoy their golden years. Let’s take a look at the top 10 most affordable places to retire in the US. Related: 7 great part-time jobs for retirees

1. Spokane, Washington

This Washington city’s neighborhoods are home to a host of beautiful homes ranging from modern-contemporary to elegant Victorian-era mansions. Located on the Spokane River and nestled in the foothills of the Rocky Mountains, Spokane boasts a wide variety of things to do and interesting attractions, including wineries, museums like the Northwest Museum of Arts and Culture, and the INB Performing Arts Center.

2. Sarasota, Florida

Nestled on Sarasota Bay in the Gulf of Mexico, this Florida city offers retirees a plethora of attractions and cultural landmarks; aside from its beautiful beaches, Sarasota also features many cultural attractions like the Sarasota Opera, the Ringling Center, the Sarasota Music Festival, and the Marie Selby Botanical Gardens.

3. San Antonio, Texas

Extremely low real estate prices is one of this city’s main draws for retirees, as well as its historical and architectural landmarks like the Alamo, the Tower of the Americas, the River Walk, and Marriage Island. Retired veterans are drawn to this city for the proximity of Lackland and Randolph Air Force Bases and Fort Sam Houston. San Antonio is also home to the University of Texas Health Science Center, giving the city some of the best medical care in the country. Keep Reading: 5 ways seniors can keep earning during retirement

4. Tucson, Arizona

Tucson’s highlights for those looking to spend their retirement in a new city include excellent shopping and dining, a health-conscious population with plenty of gyms and fitness centers, yoga studios, and vegan restaurants. Tucson is also home to the University of Arizona which boasts plays, lectures, classes, concerts, and more.

5. Charlotte, North Carolina

Home to three universities, several major sports teams (including the Carolina Panthers), and over 40 golf courses, Charlotte is a large metropolis that feels more like a small college town. Retirees can enjoy museums, fine dining, lots of shopping, friendly faces, and more.

6. Columbus, Indiana

For those searching for a bit quirky city to relocate to, Columbus, Indiana is a great choice; this city offers unusual architecture, many homes and buildings listed as National Historic Landmarks, excellent dining and shopping, a famous ice cream parlor, and plenty of small town quirkiness. Keep Reading: 5 retirement money wasters seniors should avoid

7. Pittsburgh, Pennsylvania

Known as the Steel City, Pittsburgh has much to offer retirees, including four-star dining venues and hundreds of shopping locations, a famous symphony orchestra, a stunning waterfront skyline, the PNC Park, home of the Pittsburgh Pirates, and a motley mix of neighborhoods with large lawns, affordable homes, and close to all attractions.

8. Bangor, Maine

Located in the rugged, beautiful state of Maine, Bangor is a great location for the retiree who enjoys all things outdoorsy. Considered a small-major city as it’s the cultural and commercial hub of northern and eastern Maine, Bangor only has around 33,000 residents and lies close to Penobscot Bay, the University of Maine in Orono, the Cole Land Transportation Museum, the Penobscot Theatre Company, and the Bangor Symphony Orchestra.

9. Roanoke, Virginia

Nestled in a valley below the majestic Blue Ridge Mountains, Roanoke is a small town in southwestern Virginia that has much to offer anyone looking to relocate; the city boasts a lively downtown area with art galleries, museums, dozens of cafes, restaurants, and charming shops and boutiques. The city also has several festivals, like the Big Lick Blues Festival and the Virginia Championship Chili Cook-off.

10. Grand Rapids, Michigan

Home prices in this Michigan city average around $114k and its many great attractions make it a great place to live for retirees. Things to do in Grand Rapids include the Van Andel Museum Center, Grand Rapids Art Museum, John Ball Park, the Gerald R. Ford Museum, and the Urban Institute for Contemporary Arts. Keep Reading: Nontraditional ways of saving for retirement is a credit card comparison site. We have been providing our customers with the best credit card offers available since 2010. If you are looking for a new credit card, visit us here

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