When it comes to retiring, most people want the same things. A peaceful, affordable, yet stimulating place that allows optimal enjoyment of the Golden Years. It can be overwhelming when it comes to choosing a new city. There are many factors to consider. If you’re a retiree (or a soon-to-be retiree) who’s on a budget, then your main concern is probably affordability. But no one wants to sacrifice comfort or fun, either. The good news is, you don’t have to! There are plenty of places you can retire cheaply that boast plentiful entertainment, charming neighborhoods, affordable property, temperate weather, and lots of other retirees. Read on to discover our picks for the 11 cheapest cities in the U.S. to retire.
1) Loveland, Colorado
This mountainous Colorado town boasts the highest number of healthy retired residents out of all the cities on this list. Loveland is a great choice for retirees who aren’t after a super-hot and humid climate like you’d find in Florida. This city is located within 1 hour of the Rocky Mountain National Park, which means there’s no shortage of outdoor activities like hiking, walking, and scenic drives. As gorgeous as the surroundings are, the heart and soul of Loveland is definitely its artsy downtown which boasts multiple galleries, theaters, hip music venues, and authentic antique shops. Real estate prices might be a bit higher than other cities, however Loveland’s got the lowest annual tax rate of all the places on this list. To counter-act the higher than average home price, retirees can take advantage of the city’s booming tourism by renting out an extra room on Airbnb.