8) Mobile, Alabama
Retirees looking for a highly enjoyable lifestyle loaded with southern charm for far less than the average city should look no further than Mobile, Alabama. The cost of living in Alabama is one of the lowest in the country, especially when it comes to real estate and health care. This Gulf Coast city is a great alternative if you find the real estate prices too high in other waterfront cities. Mobile is located on Mobile Bay which opens up to the even grander Gulf of Mexico. The median home value in Mobile is around $116,000, making this an uber-affordable place to snatch up new property. Hot summers and mild winters mean residents enjoy many of their days on Mobile’s beaches and scenic coast. Then, there’s the historic downtown which hosts plenty of events, festivals, and concerts ensuring there’s never a dull moment in the south.
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