more and more American Retirees are moving to smaller communities where the cost of living is low and the standard of living is high. In these smaller cities, where concerns about the cost of living and financial pressures associated with retirement age are growing, an annual salary of about $50,000 can provide millionaire luxury.
Here’s a roundup of 10 towns across the country that fit the bill, including low housing costs, friendly neighborhoods and amenities that appeal to seniors. This list is compiled based on data from Zillow and Apartments.com.
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lake charles louisiana
As its name suggests, this city in the Bayou State is surrounded by swamps and rivers that grandparents can explore by boat on quiet and peaceful evenings.
Lake Charles is located in southwestern Louisiana and has one of the largest lakes in the carnival The state hosts annual events that provide visitors with a true flavor of local culture.
Now, the most important factor in this city of lakes is The average rent is $1,100, Enjoy your own backwater boating experience within the city.
this average house price Located in Lake Charles is $197,799.
Morristown, Tennessee
If you’re a nature lover and enjoy watching the kids play in a nearby state park, Morristown is the place for you.
The picturesque Cherokee Reservoir is located near Morristown, and adjacent state parks provide easy access to outdoor activities.
It’s even the disc golf capital of Tennessee, which could be a fun new pastime. this average rent rising in morristown to $1,650,and The average home price is $257,008.
freeport illinois
for freeportlet’s dig deeper into the city’s most attractive feature, which is average rent lie in $722 per month. this The average home price is $120,331.
This is a cost-effective city where you can live a “millionaire’s” lifestyle for just a few dollars.
In addition, Freeport is also an excellent choice. The charming city center offers many dining and shopping options. It’s ideal for retirees looking to settle down in their later years.
Freeport is home to several community theaters and groups that host monthly events, like gilmore girls‘Starry sky.
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Eufaula (Alabama)
To keep your days filled with activity and vitality, Eufaula offers excellent opportunities, and the Eufaula National Wildlife Refuge is an ideal place for hiking, boating, and bird watching.
Eufaula sits on the Chattahoochee River, across the water from the state of Georgia. The town is rich in history and its buildings are set among charming oak trees.
this The average rent in Eufaula is nearly $865,as well as The average house price rose to 156,982.
Florence, Alabama
Florence is located across from Muscle Shoals on the banks of the Tennessee River. Both cities are known for their great music, with plenty of live music venues and events year-round.
Much like Eufaula and Morristown, there are plenty of hiking trails in the area if you want to get out and about. The town has a vibrant senior center that hosts activities most days of the week.
this The average rent is nearly $1,100, and The average home price is $200,270.
tupelo mississippi
Southern states are known for their small-town charm. Tupelo has just that kind of charm.
Take in stunning natural scenery and sample mouth-watering dishes at highly regarded restaurants along the Natchez Trace Parkway just outside the city.
The nearby senior center hosts weekly activities, including a bridge club popular with card enthusiasts.
this Average rent is approximately $1,150the average house price here is $197,596.
Hattiesburg, Mississippi
Hattiesburg is not only known for its affordable cost of living. This community excels in many ways, including providing housing for Southern University mississippi. There are an incredible number of cultural events held throughout the year, partly due to the university town atmosphere.
This town has plenty to offer seniors, including a bustling downtown and several museums.
this Average rent is $1,150,as well as The average home price is $213,638.
Santa Rosa, New Mexico
If you’re looking for a place with talent, Santa Rosa may be the ideal place to retire. Located on historic Route 66, it has a fascinating history that attracts creatives and artists from across the country.
Retired thrill seekers may find it interesting that Santa Rosa even offers diving opportunities in its deep blue waters.
this average rent in santa rosa is $1,200,as well as The average home price rose to $306,813.
bluefield, west virginia
Bluefield is like the ultimate mountain summer retreat. Bluefield’s famed Appalachian Mountains provide a tranquil backdrop for your golden years.
There’s a lot to enjoy about this lovely place, including mild summers and small-town charm. Plus, enjoy the natural beauty of nearby New River Gorge National Park with easy access.
With over 20% of the town’s population over 65, there are plenty of opportunities to meet other retirees.
this average rent Because this little paradise is as low as $850,as well as The average home price is $105,770.
Cedar Rapids, Iowa
The Cedar Rapids Kernels, minor league baseball team, Indian Creek Nature Center and McGrath Amphitheater are just a few of the city’s many recreational facilities.
There’s always something going on, including support for youth hockey teams, numerous museums and a busy city market. There are so many people over 65 here that you’ll have no problem making friends with other retirees.
this Average rent is $1,090,as well as The average home price rose to $202,097.
