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Most Affordable Places to Retire — Best Retirement Cities

Last Updated: September 11, 2017

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 2017, as listed by Forbes Magazine. 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. Bethleham, Pennsylvania
  • Population: 75,000
  • Median House Price: $152,000
  • PROS: Cost of living 6% below national average, highly walkable, and good air quality.
  • CONS: Cold winters
2. Green Valley, Arizona
  • Population: 32,000
  • Median House Price:  $157,000
  • PROS: Good economy, cost of living 4% below national average. Good climate.
  • CONS: Not very walkable and lackluster air quality.
3. Athens, Georgia
  • Population:  120,000
  • Median House Price:  $161,000
  • PROS: Good economy, cost of living 8% below national average, low serious crime. Good walkability and warm climate.
  • CONS: None
4. Bella Vista, Arkansas
  • Population:  28,000
  • Median House Price:  $160,000
  • PROS: Cost of living 13% below national average, good economy, low crime, good air quality, warm climate.
  • CONS: Not very walkable.
5. Harrisonburg, Virginia
  • Population:  53,000
  • Median House Price:  $162,000
  • PROS: Good air quality, low crime rate, cost of living 4% below national average.
  • CONS: So-so ecomony, brisk winters.
6. Clemson, South Carolina
  • Population:  15,000
  • Median House Price:  $129,000
  • PROS: Good economy, good state tax, low crime, good air quality, warm weather, and very walkable.
  • CONS: Cost of living at national average.
7. Brevard, North Carolina
  • Population:  8,000
  • Median House Price:  $198,000
  • PROS: Good economy, cost of living at national average, good climate, low crime, good air quality.
  • CONS: Not very walkable.
8. Boise, Idaho
  • Population:  205,000
  • Median House Price:  $206,000
  • PROS: Strong economy, cost of living 3% 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:  455,000
  • Median House Price:  $242,000
  • PROS: Good economy, very bikeable, and good air quality.
  • CONS: Cost of living 5% above national average, not very walkable and weather is very cold in the winter.
11. Jefferson City, Missouri
  • Population:  43,000
  • Median House Price:  $138,000
  • PROS: Strong economy, cost of living 10% below national average, and good biking. 
  • CONS: Extreme weather and not very walkable.
12. Iowa City, Iowa
  • Population:  75,000
  • Median House Price:  $183,000
  • PROS: Cost of living at national average, low crime, good air quality, and strong economy.
  • CONS: Cold winters.
13. Fargo, North Dakota
  • Population:  120,000
  • Median House Price:  $192,000
  • PROS: Top-ranked economy, good air quality, somewhat walkable, and high ranking volunteering culture.
  • CONS: Cold winters, cost of living 2% above national average.
14. Grand Prairie, Texas
  • Population:  185,000
  • Median House Price:  $171,000
  • PROS: Booming economy, cost of living 3% below national average, good air quality, warm climate, and low serious crime. 
  • CONS: Not very walkable.
15. Lawrence, Kansas
  • Population:  94,000
  • Median House Price:  $172,000
  • PROS: Strong economy, cost of living 4% below national average, low crime, and good air quality.
  • CONS: Cold winters.
16. Lewiston, Maine
  • Population:  36,000
  • Median House Price:  $179,000
  • PROS: Cost of living 5% below national average, low crime, good air quality. 
  • CONS: Cold winters, poor state tax.
17. Lincoln, Nebraska
  • Population:  277,000
  • Median House Price:  $156,000
  • PROS: Decent economy, cost of living 8% below average, low crime, great air quality.
  • CONS: Poor state tax climate for retirees and severe weather extremes.
18. Maryville, Tennessee
  • Population:  12,000
  • Median House Price:  $215,000
  • PROS: Good air quality, low crime, mild climate, very bikeable.
  • CONS: Cost of living 5% above national average.
19. Ocean Pines, Maryland
  • 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. Peoria, Arizona
  • Population:  167,000
  • Median House Price:  $240,000
  • PROS: Low serious crime, good economy.
  • CONS: Cost of living 9% above national average, hot climate.
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