7 Best Cities For Retirement In The United States
Whether your retirement is in the distant future, or just around the corner, knowledge of the best cities to retire can help you save your hard-earned money. But some people don’t know which cities are the best for retirement. The most common factors include quality of life and the cost of living. We have listed the top 7 cities which are best for retirement in the United States.
Winston-Salem, North Carolina
Ranked on #7, Winston-Salem is influenced by many international citizens due to its friendly southern roots and a broad range of diversity. You can find southern BBQ, Greek pastries, and Indian cuisines at different restaurants throughout the city. If you are a fan of performing arts, you can see a community performance at the University of North Carolina School of the Arts.
- Taxes: No tax on income from Social Security
- Average Temps: 70° / 49°
- Average Annual Rainfall: 47″
- Median Home Price: $145,725
- Median Monthly Rent: $732
- Special Feature: Birthplace of Krispy Kreme Doughnuts
Jacksonville, Florida
Just south of the Georgia state, you will find Jacksonville’s big city, which includes some gorgeous beaches and waterways. Moreover, there are many other outdoor activities, like cycling, hiking, and camping at places like the Timucuan Ecological Preserve. Music lovers can enjoy the Springing Blues music festival, while sports lovers can cheer the Jaguars NFL team among other sports teams.
- Taxes: No state income tax
- Average Temps: 79° / 61°
- Average Annual Rainfall: 49″
- Median Home Price: $174,658
- Median Monthly Rent: $1,019
- Special Feature: The largest city in the U.S. by land area—outside of Alaska
Port St. Lucie, Florida
Port St. Lucie lies on the Atlantic coast of southern Florida with its constant nice weather. You can wear flip-flops all year long. This place is a heaven for golfers. Moreover, you will have plenty of opportunities to up your game at the PGA Golf Club.
- Taxes: No state income tax
- Average Temps: 82° / 63°
- Average Annual Rainfall: 52″
- Median Home Price: $211,083
- Median Monthly Rent: $1,074
- Special Feature: Spring training grounds for the baseball team “New York Mets.”
Asheville, North Carolina
Surrounded by the Blue Ridge Mountains, Asheville in North Carolina is a land of cold mountain air and incredible views. This place is jam-packed with art galleries, historic architecture, museums, and pretty-looking artist studios made from repurposed factories. Plus, if you love beer and alcohol, there are over 100 different local craft breweries.
- Taxes: No tax on income from Social Security
- Average Temps: 58° / 52°
- Average Annual Rainfall: 45″
- Median Home Price: $248,500
- Median Monthly Rent: $849
- Special Feature: Historic Biltmore Estate is the largest privately-owned house in the U.S.—at 175,000 square feet
Lancaster, Pennsylvania
The next incredible city to retire to is in the state of Pennsylvania. It bundles farmland, suburbs, and a downtown area all into one. You can visit the Amish communities and the downtown area features monthly music and art festivals. Lancaster also has a winter mountain resort, tractor pulls, corn mazes, and even a notable dog park.
- Taxes: No tax on income from Social Security
- Average Temps: 62° / 42°
- Average Annual Rainfall: 42″
- Median Home Price: $196,025
- Median Monthly Rent: $957
- Special Feature: The Oldest Amish settlement in the United States.
Sarasota, Florida
Located below Tampa, Sarasota is the runner-up of the best cities to retire. It offers all the outdoor fun you would expect, like fishing, boating, and beach activities. Moreover, Sarasota is praised for the clear water and white sand. The city also tends to lean more towards accommodating the older generations by providing a ton of activities like shopping and golf.
- Taxes: No state income tax
- Average Temps: 82° / 64°
- Average Annual Rainfall: 53″
- Median Home Price: $237,260
- Median Monthly Rent: $1,089
- Special Feature: Some of United States’ best beaches, including Siesta Key Beach
Fort Myers, Florida
Fort Myers is the best city to retire, and is along the state’s southwestern river of Caloosahatchee. Fort Myers started became famous after Henry Ford and Thomas Edison built their winter homes there. Also, it was nicknamed “City of Palms” after Edison began planting palm trees along McGregor Boulevard. And for beach lovers, hot spots like Cape Coral, Fort Myers Beach, and Sanibel Island are all less than an hour away.
- Taxes: No state income tax
- Average Temps: 84° / 64°
- Average Annual Rainfall: 53″
- Median Home Price: $219,200
- Median Monthly Rent: $1,035
- Special Feature: Edison Ford Winter Estates historical museum and botanical garden
