Credit Infocenter

Most Affordable Places to Retire - Retirement Cities

Top 20 Places to Retire

Last Updated: July 8, 2016

Whether you're at, near, or just thinking about retirement, take a moment to browse through the following list of cities found to be the best places to retire in 2016. There are a number of factors to consider when it comes to retirement and housing and cost of living are top on the list. Each city listed below has that information along with pros and cons of retiring in this city. Everyone has different needs so there is more to choosing a retirement city than financial considerations.

1. Abilene, Texas
  • Population: 120,000
  • Median House Price: $156,000
  • State Income Tax:  Average
  • PROS: Robust economy, cost of living 17% below national average. Warm climate and good air quality.
  • CONS: Not very walkable
2. Apache Junction, Arizona
  • Population: 39,000
  • Median House Price:  $129,000
  • PROS: Good economy, cost of living 6% below national average. Good climate.
  • CONS: Not very walkable and lackluster air quality.
3. Athens, Georgia
  • Population:  120,000
  • Median House Price:  $145,000
  • PROS: Good economy, cost of living 1% below national average, low serious crime. Good walkability and warm climate.
  • CONS: None
4. Bella Vista, Arkansas
  • Population:  28,000
  • Median House Price:  $127,000
  • PROS: Cost of living 12% below national average, good economy, low crime, good air quality, warm climate.
  • CONS: Not very walkable.
5. Blacksburg, Virginia
  • Population:  44,000
  • Median House Price:  $230,000
  • PROS: Robust economy, average air quality, low crime rate, and somewhat walkable.
  • CONS: None
6. Bluffton, South Carolina
  • Population:  14,000
  • Median House Price:  $226,000
  • PROS: Good economy, good state tax, low crime, good air quality, warm weather, and very walkable.
  • CONS: Cost of living 7% higher than national average.
7. Brevard, North Carolina
  • Population:  8,000
  • Median House Price:  $206,000
  • PROS: Good economy, cost of living 1% below national average, good climate, low crime, good air quality.
  • CONS: Not very walkable.
8. Cape Coral, Florida
  • Population:  166,000
  • Median House Price:  $210,000
  • PROS: Strong economy, cost of living 4% below national average, low crime, good air quality, and good weather.
  • CONS: Not very walkable.
9. Clermont, Florida
  • Population:  30,000
  • Median House Price:  $215,000
  • PROS: Good weather, low crime, good air quality.
  • CONS: Not very walkable and cost of living is 2% above national average.
10. Colorado Springs, Colorado
  • Population:  440,000
  • Median House Price:  $243,000
  • PROS: Good economy, cost of living at national average, very bikeable, and good air quality.
  • CONS: Not very walkable and weather is very cold in the winter.
11. Columbia, Missouri
  • Population:  115,000
  • Median House Price:  $171,000
  • PROS: Strong economy, cost of living 5% below national average, and good biking. 
  • CONS: Extreme weather and not very walkable.
12. Corvallis, Oregon
  • Population:  57,000
  • Median House Price:  $280,000
  • PROS: Robust economy, low crime, good air quality, moderate climate, and walkable.
  • CONS: Cost of living 21% above national average.
13. Fargo, North Dakota
  • Population:  116,000
  • Median House Price:  $192,000
  • PROS: Top-ranked economy, cost of living 2% below national average, good air quality, somewhat walkable, and high ranking volunteering culture.
  • CONS: Cold winters
14. Grand Prairie, Texas
  • Population:  183,000
  • Median House Price:  $146,000
  • PROS: Booming economy, cost of living 3% below national average, good air quality, warm climate, and low serious crime. 
  • CONS: Not very walkable.
15. Largo, Florida
  • Population:  80,000
  • Median House Price:  $150,000
  • PROS: Strong economy, cost of living 13% below national average, warm climate, and good air quality.
  • CONS: Somewhat walkable and average serious crime.
16. Lexington, Kentucky
  • Population:  308,000
  • Median House Price:  $152,000
  • PROS: Strong economy, cost of living 5% below national average, good tax environment, and moderate climate. 
  • CONS: None
17. Lincoln, Nebraska
  • Population:  270,000
  • Median House Price:  $158,000
  • PROS: Decent economy, cost of living 10% below average, low crime, great air quality.
  • CONS: Poor state tax climate for retirees and severe weather extremes.
18. Meridian, Idaho
  • Population:  85,000
  • Median House Price:  $203,000
  • PROS: Good economy, great air quality, low crime, moderate climate, and good tax climate for retirees.
  • CONS: Cost of living 7% above national average and not very walkable.
19. Mount Airy, North Carolina
  • Population:  10,000
  • Median House Price:  $126,000
  • PROS: Cost of living 8% below average, good weather and air quality, and very walkable.
  • CONS: So-so economy, average serious crime rate and fair state tax climate for retirees.
20. Pittsburg, Pennsylvania
  • Population:  306,000
  • Median House Price:  $140,000
  • PROS: Cost of living 16% below average, good walkability, biking and volunteerism.
  • CONS: Cold winters and high serious crime rate.
866.785.9884 Call for a FREE credit repair consultation from Lexington Law
Call 800.461.0524 and speak to a Credit Repair Expert at Lexington Law
Have Questions About Credit Repair? Get Answers with a FREE Consultation
Call Lexington Law 1-800-461-0524