For most individuals, retiring on a budget requires selecting an reasonably priced vacation spot that includes a top quality of life with a low cost of living. To help you in your relocation plans, GOBankingRates checked out a whole bunch of U.S. cities to seek out not solely among the least expensive locations to retire, but in addition among the most lovely.
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To rank within the examine, every metropolis needed to meet the next necessities: Greater than 12% of the inhabitants needed to be 65 or older, the whole month-to-month expenditure greenback quantity — together with lease — needed to be below $9,000, and the typical livability rating needed to be greater than 60.
Try these lovely locations to retire that won’t wreck your bank account.
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Whole inhabitants: 113,710
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Share of inhabitants 65 and older: 15.6%
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Livability rating: 65
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Whole month-to-month expenditures (together with lease): $2,701
Although Beaumont doesn’t essentially have the best livability rating, GOBankingRates did rank it in first place based mostly on the general professionals, resembling an reasonably priced price of dwelling, low housing bills and the way far your mounted earnings will go right here. It additionally boasts a superb share of seniors, making it a group that would undoubtedly cater to a lot of your wants in retirement.
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Whole inhabitants: 1,368
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Share of inhabitants 65 and older: 39.3%
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Livability rating: 80
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Whole month-to-month expenditures (together with lease): $7,441
Goonies could by no means say die, however they do develop up, and if you happen to’d prefer to retire within the scenic place the place that film was shot, then Cannon Seaside is the spot so that you can stay out your golden years. Its pure magnificence will draw you in, together with the long-lasting Haystack Rock, walkable seashores and breathtaking coastal views.
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Whole inhabitants: 88,244
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Share of inhabitants 65 and older: 25.8%
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Livability rating: 74
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Whole month-to-month expenditures (together with lease): $5,176
As a vortex of cultural richness, out of doors recreation and a vibrant artwork scene, many retirees have discovered Santa Fe to be an ideal retirement destination. It’s situated within the foothills of the Rockies, which supplies ample alternatives for out of doors actions like mountaineering, biking and even snowboarding to assist preserve your extra reasonably priced lifetime of leisure energetic.
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Whole inhabitants: 8,422
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Share of inhabitants 65 and older: 23.4%
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Livability rating: 82
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Whole month-to-month expenditures (together with lease): $7,060
For those who’re like most individuals dealing with retirement, you’re working with a restricted funds. Even so, that doesn’t imply you need to accept dwelling someplace that doesn’t have large skies and greater budget-friendliness. Whitefish has wholesome doses of pure magnificence serving because the backdrop to your new, snug and slower tempo of life.
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Whole inhabitants: 2,179
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Share of inhabitants 65 and older: 35.8%
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Livability rating: 73
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Whole month-to-month expenditures (together with lease): $3,626
Marfa, situated in West Texas, has an enormous retirement group full of artists who flocked there to be close to the gorgeous desert landscapes. For those who retire right here, you may respect the gorgeous vistas at an reasonably priced price ticket.
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Whole inhabitants: 2,676
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Share of inhabitants 65 and older: 18.3%
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Livability rating: 84
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Whole month-to-month expenditures (together with lease): $5,869
Leavenworth ought to be in your retirement radar attributable to its charming Bavarian village environment, historic appeal, out of doors recreation alternatives and booming senior group. The city’s distinctive mix of outdoorsiness and relaxed life-style makes it a must-consider when retirement planning.
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Whole inhabitants: 68,505
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Share of inhabitants 65 and older: 17%
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Livability rating: 85
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Whole month-to-month expenditures (together with lease): $5,145
Although there could also be two wonderful Portland coastal large cities to select from, Portland, Maine, barely edges out Oregon because it has a way more affordable cost of living, however doesn’t sacrifice an oz of pure magnificence. This nice metropolis is the place retirees can get pleasure from handy entry to wonderful healthcare, a wealthy historical past and a vibrant senior group.
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Whole inhabitants: 2,735
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Share of inhabitants 65 and older: 18.9%
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Livability rating: 84
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Whole month-to-month expenditures (together with lease): $4,170
Seward has a surrounding space that features such magical areas as Sizzling Springs Village and affords a number of compelling causes for retirement. These embody a low price of dwelling and reasonably priced housing, in addition to advantages for retirees in Arkansas, resembling exemption from Social Safety earnings taxes and navy retirement pay.
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Whole inhabitants: 22,332
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Share of inhabitants 65 and older: 21%
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Livability rating: 85
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Whole month-to-month expenditures (together with lease): $6,489
For those who retire in Portsmouth, you’ll be setting your self up with fairly priced actual property surrounded by lovely pure surroundings. This top quality of life comes with a invoice you’ll be capable to simply afford on a set earnings with only a primary quantity of retirement planning.
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Whole inhabitants: 19,421
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Share of inhabitants 65 and older: 56.2%
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Livability rating: 79
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Whole month-to-month expenditures (together with lease): $6,030
While you consider low-cost locations to retire, you most likely don’t suppose you’ll discover Naples on the listing. Nonetheless, this cozy beach town nonetheless has housing prices that gained’t bankrupt your Social Safety advantages. Over half of its inhabitants is age 65 and older, which makes this an ideal alternative for retirees who need to get pleasure from quick access to a beachy life-style.
J. Arky contributed to the reporting for this text.
Methodology: For this examine, GOBankingRates analyzed probably the most lovely U.S. cities to seek out the most affordable price of retirement. Places had been chosen from USNews, Forbes.com, IBTimes, RealEstateNews.com, Architectural Digest, CNTraveller, USNews&Journey, TourScanner, WorldWildSchooling, and Timeout.com to seek out probably the most lovely areas in the US. For every location, a number of elements had been discovered, together with whole inhabitants, inhabitants ages 65 and over, whole households, and family median earnings, all sourced from the US Census American Group Survey. The fee-of-living indexes had been sourced from Sperling’s BestPlaces and embody the grocery, healthcare, housing, utilities, transportation, and miscellaneous price of dwelling indexes. The typical expenditure price for every location will be calculated utilizing the cost-of-living indexes and the nationwide common expenditure prices, as sourced from the Bureau of Labor Statistics Shopper Expenditure Survey. The livability index was sourced from AreaVibes for every location. The typical single-family dwelling worth was sourced from Zillow Dwelling Worth Index for March 2025. Utilizing the typical single-family dwelling worth, assuming a ten% down cost, and utilizing the latest nationwide common 30-year mounted mortgage fee, as sourced from the Federal Reserve Financial Information, the typical mortgage will be calculated. Utilizing the typical mortgage and common expenditure prices, the typical whole month-to-month and annual price of dwelling will be calculated. The cities had been sorted to point out the most affordable price of retirement first. All information was collected on and is updated as of Might sixteenth, 2025.
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This text initially appeared on GOBankingRates.com: 10 Cheap, Beautiful Places To Retire
