The 20 Most Affordable Places to Retire in 2021

Feb 1, 2021

<section class="release-body container"> <div class="row"> <div class="col-sm-10 col-sm-offset-1"> <p><span class="xn-location">CHICAGO</span>, <span class="xn-chron">Feb. 1, 2021</span> /PRNewswire/ -- <u><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3052451-1&amp;h=1996661414&amp;u=https%3A%2F%2Fwww.55places.com%2F%3Futm_source%3Donline_press_release%26utm_medium%3Dreferral%26utm_campaign%3D2021_most_affordable_places_to_retire%26utm_content%3D55places&amp;a=55places.com" rel="nofollow" target="_blank">55places.com</a></u>––a leading real estate platform for homebuyers 55 and older––released today its list of the <u><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3052451-1&amp;h=1502173900&amp;u=https%3A%2F%2Fwww.55places.com%2Fblog%2Fthe-20-most-affordable-places-to-retire-in-2021%3Futm_source%3Donline_press_release%26utm_medium%3Dreferral%26utm_campaign%3D2021_most_affordable_places_to_retire%26utm_content%3D55places&amp;a=20+Most+Affordable+Places+to+Retire+in+2021" rel="nofollow" target="_blank">20 Most Affordable Places to Retire in 2021</a></u>. To compile the ranking, the company examined U.S. cities with a population of at least 50,000 and determined a score based on a variety of data points, including cost of living, median home value, taxes, accessible health care, transit and walkability scores, availability of 55+ communities, and more. This produced an index of metropolitan areas that offer a mix of quality living opportunities within an attainable price point. </p> <div class="continue-reading text-center mt-xl visible-xs-block"> <span> <a class="smooth-scroll" href="#continue-jump">Continue Reading <br /> <i class="btr bt-angle-down mt-md"></i> </a> </span> </div> <div class="pull-right inline-gallery-container col-md-8 col-sm-7 col-xs-12"> <div class="gallery inline-gallery"> <div class="row"> <div class="col-sm-12"> </div> <div class="col-sm-12 clearfix"> <figure> <div tabindex="0" class="image lightbox-item" data-src="https://mma.prnewswire.com/media/1429593/1.jpg?p=publish" data-asset-type="photo" data-asset-id="Life_After_Debt_Aug_17_Event.jpg" data-asset-label="General" data-sub-html="Many metro areas in the U.S. are available for budget-minded retirees." data-tweet-text="Many metro areas in the U.S. are available for budget-minded retirees." data-facebook-share-text="Many metro areas in the U.S. are available for budget-minded retirees." data-linkedin-text="Many metro areas in the U.S. are available for budget-minded retirees." data-download-url="https://mma.prnewswire.com/media/1429593/1.jpg?p=publish" data-pinterest-text="Many metro areas in the U.S. are available for budget-minded retirees." data-twitter-share-url="https://mma.prnewswire.com/media/1429593/1.jpg?p=twitter" data-linkedin-share-url="https://mma.prnewswire.com/media/1429593/1.jpg?p=linkedin" data-facebook-share-url="https://mma.prnewswire.com/media/1429593/1.jpg?p=facebook" data-pinterest-share-url="https://mma.prnewswire.com/media/1429593/1.jpg?p=facebook" onclick="omniture_corousal('Carousel Page','Photo Open','https://mma.prnewswire.com/media/1429593/1.jpg?p=publish','General');"> <img title="Many metro areas in the U.S. are available for budget-minded retirees." src="https://mma.prnewswire.com/media/1429593/1.jpg?p=publish&w=650" id="imageid_2" alt="Many metro areas in the U.S. are available for budget-minded retirees." class="gallery-thumb img-responsive" rel="newsImage" itemprop="contentUrl" /> <span class="fa fa-arrows-alt arrow_styles" aria-hidden="true"></span> </div> <figcaption> Many metro areas in the U.S. are available for budget-minded retirees. </figcaption> </figure> <div style="display:none;" id="photo-container-0"> <div class="lg-video-object lg-kaltura"> <div class="video-wrap" data-source="https://mma.prnewswire.com/media/1429593/1.jpg?p=publish" itemprop="video" itemscope="" itemtype="http://schema.org/VideoObject"> <span itemprop="name" content="Many metro areas in the U.S. are available for budget-minded retirees."></span> <span itemprop="description" content="Many metro areas in the U.S. are available for budget-minded retirees."></span> <span itemprop="thumbnail" content="https://mma.prnewswire.com/media/1429593/1.jpg?p=thumbnail"></span> <span itemprop="cdnid"></span> </div> </div> </div> </div> </div> </div> </div> <p id="continue-jump"> <p>Though choosing a retirement location is a personal and subjective decision, affordability is top of mind for buyers. In fact, 43% of respondents who participated in 55places' 2020 National Housing Survey, said they expect the value of their next home to be slightly less or much less compared to their current home. </p> </p> <p>&quot;For the millions of Americans who depart the U.S. labor force each year, the image of what an ideal retirement is can differ,&quot; said <span class="xn-person">George Kolar</span>, regional sales manager for 55places.com. &quot;However, an inexpensive and comfortable way of living are top factors that are considered before entering this phase of life. For adults looking to retire in 2021, the 20 metropolitan areas listed below provide prospective homeowners with low living costs and attractive amenities to foster a high quality of life.&quot; </p> <p><b>The 20 Most Affordable Places to Retire in 2021:</b></p><ol type="1"> <li><b><span class="xn-location">Boynton Beach Area</span>, <span class="xn-location">Florida</span> </b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$187,100</span></i> </li> <li><b><span class="xn-location">Sarasota Area</span>, <span class="xn-location">Florida</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$239,600</span></i> </li> <li><b><span class="xn-location">Salt Lake City Area</span>, <span class="xn-location">Utah</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$237,500</span></i> </li> <li><b><span class="xn-location">Dallas-Fort Worth Area</span>, <span class="xn-location">Texas</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$165,000</span></i> </li> <li><b>Tampa-<span class="xn-location">St. Petersburg Area</span>, <span class="xn-location">Florida</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$182,900</span></i> </li> <li><b><span class="xn-location">Corpus Christi Area</span>, <span class="xn-location">Texas</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$133,200</span></i> </li> <li><b><span class="xn-location">Baltimore Area</span>, <span class="xn-location">Maryland</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$156,400</span></i> </li> <li><b><span class="xn-location">Pittsburgh Area</span>, <span class="xn-location">Pennsylvania</span> </b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$116,300</span></i> </li> <li><b><span class="xn-location">Delray Beach Area</span>, <span class="xn-location">Florida</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$267,100</span></i> </li> <li><b><span class="xn-location">Ocala Area</span>, <span class="xn-location">Florida</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$128,600</span></i> </li> <li><b><span class="xn-location">Philadelphia Area</span>, <span class="xn-location">Pennsylvania</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$156,800</span></i> </li> <li><b><span class="xn-location">Wilmington Area</span>, <span class="xn-location">Delaware</span> </b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$169,400</span></i> </li> <li><b><span class="xn-location">Tucson Area</span>, <span class="xn-location">Arizona</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$146,500</span></i> </li> <li><b><span class="xn-location">Houston Area</span>, <span class="xn-location">Texas</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$161,300</span></i> </li> <li><b><span class="xn-location">San Antonio Area</span>, <span class="xn-location">Texas</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$136,800</span></i> </li> <li><b><span class="xn-location">Harlingen Area</span>, <span class="xn-location">Texas</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$83,500</span></i> </li> <li><b><span class="xn-location">Phoenix Area</span>, <span class="xn-location">Arizona</span> </b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$217,400</span></i> </li> <li><b><span class="xn-location">Florissant Area</span>, <span class="xn-location">Missouri</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$96,400</span></i> </li> <li><b><span class="xn-location">Charlotte Area</span>, <span class="xn-location">North Carolina</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$200,500</span></i> </li> <li><b><span class="xn-location">Yuma Area</span>, <span class="xn-location">Arizona</span></b><br class="dnr" /><i>Median Home Price: <span class="xn-money">$134,100</span></i></li> </ol><p>More information about the offerings of each location and the methodology used to determine the order can be found at <u><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3052451-1&amp;h=967442752&amp;u=https%3A%2F%2Fwww.55places.com%2Fblog%2Fthe-20-most-affordable-places-to-retire-in-2021%3Futm_source%3Donline_press_release%26utm_medium%3Dreferral%26utm_campaign%3D2021_most_affordable_places_to_retire%26utm_content%3D55places&amp;a=55places.com%2Fblog%2Fthe-20-most-affordable-places-to-retire-in-2021." rel="nofollow" target="_blank">55places.com/blog/the-20-most-affordable-places-to-retire-in-2021.</a></u> </p><p><b>About 55places.com<br class="dnr" /></b><u><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3052451-1&amp;h=1996661414&amp;u=https%3A%2F%2Fwww.55places.com%2F%3Futm_source%3Donline_press_release%26utm_medium%3Dreferral%26utm_campaign%3D2021_most_affordable_places_to_retire%26utm_content%3D55places&amp;a=55places.com" rel="nofollow" target="_blank">55places.com</a></u> is changing the way people 55 and older are searching for their perfect next place. With a national network of hand-selected real estate experts, plus comprehensive information, unbiased content, and on-the-go insight about thousands of communities across the country, 55places is a trusted resource paving the way from here to home. From low-maintenance single-level living, active lifestyle and age-qualified communities, intimate enclaves, and everything between, 55places.com empowers visitors to make their next move the best one yet. </p><p><b>Methodology<br class="dnr" /></b>This 55places analysis looked at all major cities and metropolitan areas within the U.S. that have a total population of over 50,000. From there, 14 different data points were weighted with the retiree in mind, by focusing on affordability and lifestyle to identify the best areas to retire. The sources used to accomplish this included:</p><ul> <li>Sperling's Best Places: Cost of Living, Average Temperature </li> <li>US Census: Population, Median Income, Median Home Value </li> <li>The Tax Foundation: Property, Sales, &amp; Income Tax </li> <li>Medicare: Average Cost </li> <li>National Service: Volunteer Opportunities </li> <li>WalkScore: Walk Score, Transit Score </li> <li>55places.com: 55+ Community Information </li> </ul><p><b>Media Contact:<br class="dnr" /></b><span class="xn-person">Marissa Wright</span><br class="dnr" /><br/><a href="mailto:[email protected]">[email protected]</a><br/> <br class="dnr" />773-278-5500 </p><p>SOURCE 55places.com</p><img alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=PH64355&amp;Transmission_Id=202102010843PR_NEWS_USPR_____PH64355&amp;DateId=20210201" style="border: 0.0px;width: 1.0px;height: 1.0px;" /> </div> </div> </section>

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