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11 Cheapest Cities in the U.S. To Retire

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.

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2) St. George, Utah

This may not be the first state you’d think to retire in, but Utah actually offers a ton of great benefits for retirees on a budget. Utah is an affordable state with a temperate climate, reasonable cost of living, low crime rates, and tolerable tax rates. These are the main reasons retirees are flocking there. But why St. George in particular? It’s got the desirable small-town vibe with the convenience of big city amenities. Active retirees will especially love St. George. It’s got miles of paved walkways and endless desert landscape for hiking, biking, and 4-wheeling. Additionally, it’s just an hour from Zion National Park which is renowned for its scenic trails. Outdoor lovers rave about the annual 300 days of sunshine, very occasional rain, and excellent air quality. Lastly, Las Vegas is less 2 hours away if you’re in need of a night on the town.

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3) Palm Coast, Florida

Intended primarily as a retirement community when it was established in 1999, Palm Coast is an Atlantic-facing northern city in Florida that retirees love. In fact, over 26% of the population are retired. This is likely due to the affordable real estate and the reasonable cost of assisted living homes. With miles of coastline and beaches nearby, the mild weather, and general pet-friendly attitude is something retirees highly value. The proximity to the coast and miles of saltwater and fresh water canals creates a perfect location for retirees who prefer to spend their days boating, fishing, and enjoying the ocean. There are also eight of golf courses in the city (as well as dozens more nearby) and 400 miles of parklands, hiking, and biking trails. Palm Coast is ideally located just minutes from other interesting Floridian cities like St. Augustine and Daytona Beach.

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