5 Best Places to Retire in Colorado

This article takes a look at the 5 best places to retire in Colorado. If you wish to read our detailed analysis on navigating retirement living in the US, you may go to 15 Best Places to Retire in Colorado.

5. Craig

Insider Monkey Score: 82

Livability: 67

Cost of Living Index: 85.7

Median House Price: $220,000

The city of Craig in Moffat County starts our top five selection. With a cost of living that is 14.3% lower than the national average and a median house price that is more than $165,000 cheaper than the national median, Craig wins retirees’ hearts as an affordable Golden Years destination. Famously regarded as the ‘Elk Hunting Capital of the World’, the outdoors-loving retiree will find lots to busy themselves with in the great outdoors that is Craig. 

4. Alamosa

Insider Monkey Score: 82

Livability: 72

Cost of Living Index: 81.4

Median House Price: $301,000

Up next is Alamosa, a small town occupying a mostly rural setting and with a population that is below the 10,000 mark. Set in the center of the valley, Alamosa is surrounded by mountains with the San Juan Mountains to one side and the Sangre de Cristo range to the other, offering stunning views all around. The winning factor, of course, is the cost of living which is accommodating of retirees surviving on Social Security checks or an otherwise limited budget. 

3. Pueblo

Insider Monkey Score: 84

Livability: 74

Cost of Living Index: 90.3

Median House Price: $280,000

Widely regarded as one of the best places in Colorado for a couple to live on only social security, Pueblo offers a mix of scenic outdoors and exciting indoor activities to keep every type of retiree entertained. Residents can frequent the Historic Arkansas Riverwalk, meet the wild ones at the Pueblo Zoo, or relax with a bite and a drink at Brues Alehouse Brewing Co.

2. Rocky Ford

Insider Monkey Score: 87

Livability: 79

Cost of Living Index: 72.2

Median House Price: $323,000

Next on our list of best places to retire in Colorado is the city of Rocky Ford in Otero County. If acquiring fresh produce at arm’s length is an important factor for you during your retirement, then Rocky Ford is an ideal place to consider. The city is famous for its cantaloupes and sweet melons and also provides a range of other vegetables such as sweet corn, bell peppers, tomatoes, eggplant, and okra. Retirees can spend their days cooking up traditional recipes with the best ingredients – the key to a healthy life. 

1. Lamar

Insider Monkey Score: 93

Livability: 71

Cost of Living Index: 71.2

Median House Price: $180,000

Our best pick for the best places to retire in Colorado is the Prowers County city of Lamar. Retirees in the city will not have to worry about finances as the place enjoys a cost of living that is 28.8% lower than the national average, helping them make ends meet a little bit easier. Not to forget, potential homeowners will also rejoice at the low median prices that the city holds – a retirement home can finally become a reality when your retirement destination is Lamar. 

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