This article takes a look at the 5 best places to retire in the US. If you wish to check out our detailed analysis of retirement realities in the US, you may go to the 20 Best Places to Retire in the US.
5. Des Moines, Iowa
Insider Monkey Score: 109
Cost of Living Index: 86.6
Median Home Price: $203,000
Livability Score: 81
Des Moines is affordable enough for retirees to get by on their social security checks. The cost of living in this city is 13.4% lower than the national average, and the median listing price of a home is $203,000 only. The city also boasts a range of cultural and recreational amenities, adding to the overall quality of life for retirees.
4. Fort Wayne, Indiana
Insider Monkey Score: 119
Cost of Living Index: 82
Median Home Price: $275,000
Livability Score: 83
Besides affordable living and healthcare costs, Fort Wayne is also home to a thriving arts scene and has excellent options to keep retirees entertained. Senior Living has also deemed the city as one of the happiest cities in the US, offering higher life expectancy and better quality of life in the area. The cost of living is 18% lower than the national average, while the median home price is well below the national average as well.
3. Springfield, Illinois
Insider Monkey Score: 119
Cost of Living Index: 78.4
Median Home Price: $160,000
Livability Score: 79
Springfield, the state capital of Illinois, is more than just affordable housing and living costs. The city also boasts a rich heritage, many cultural attractions, as well as a well-rounded retirement experience. The cost of living in Springfield is 21.6% lower than the national average, whereas the median home price is only $160,000.
2. Akron, Ohio
Insider Monkey Score: 124
Cost of Living Index: 80.8
Median Home Price: $115,000
Livability Score: 80
From its affordable cost of living to the diverse range of amenities, recreational activities, and healthcare options, Akron is one of the best places for a retiree to spend their golden years. The community atmosphere is quite friendly and overall, individuals get to experience a comfortable life at affordable costs.
1. Youngstown, Ohio
Insider Monkey Score: 129
Cost of Living Index: 74.4
Median Home Price: $129,000
Livability Score: 80
Several sources have deemed Youngstown to be an ideal place for retirees, both affordable and offering a relaxed pace of life. The city boasts a good livability score, offers affordable housing options, and also boasts a cost of living that is 25.6% lower than the national average. Moreover, Youngstown also offers proximity to recreational areas and cultural attractions, which can enhance the overall quality of life for retirees who are seeking a well-rounded and enjoyable retirement experience.
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