This article takes a look at the 5 best places to retire in Washington. If you wish to check out our detailed analysis on navigating retirement in Washington , you may go to 15 Best Places to Retire in Washington.
5. Port Angeles
Insider Monkey Score: 42
IM Cost of Living Index: 109
Average Rent (1-bedroom): $1,101
Median Home Price: $436,000
Livability Score: 77
Our pick for the top five best places to retire in Washington kicks off with Port Angeles. Situated in Clallam County, Port Angeles is perched on the northern shore of the Olympic Peninsula between the mountains and the sea. Retirees get to enjoy the stunning views of the surrounding landscapes as well as access to a wealth of outdoor recreational opportunities. Outdoor activities such as hiking, camping, wildlife viewing, and birdwatching are popular among retirees seeking to stay active.
4. Clarkston
Insider Monkey Score: 45
IM Cost of Living Index: 93.2
Average Rent (1-bedroom): $990
Median Home Price: $258,000
Livability Score: 70
Next on our list of best places to retire in Washington is the city of Clarkston. Situated in Asotin County, Clarkston is located along the banks of the Snake River. Famous for its natural beauty and small-town charm, retirees get to enjoy an affordable cost of living here in Clarskton. That’s right, the cost of living in this city is an estimated 6.8% lower than the national average, while the average rent for a one-bedroom is below the $1,000 mark. Real estate is pretty affordable as well.
3. Walla Walla
Insider Monkey Score: 45
IM Cost of Living Index: 94.1
Average Rent (1-bedroom): $1,166
Median Home Price: $463,000
Livability Score: 80
Walla Walla has previously been featured on our list of best places in Washington for a couple to live on Social Security only. Owing to its affordable cost of living, it is actually possible for couples to survive living on their Social Security benefits in this place. The quality of life is pretty good too, making Walla Walla an all-rounder retirement destination.
2. Spokane
Insider Monkey Score: 46
IM Cost of Living Index: 102.1
Average Rent (1-bedroom): $1,153
Median Home Price: $371,000
Livability Score: 80
Number two on our list of best places is Spokane, Washington. Another ideal destination for the outdoor lovers, Spokane offers retirees a diverse retirement destination with a blend of outdoor recreation, cultural attractions, and urban amenities. It’s location along the Spokane River and surrounding rolling hills and pine forests provides seniors with stunning natural beauty and a wealth of outdoor recreational opportunities. The cost of living here is a tad higher than the national average, while the median home price seems affordable too considering it’s below the national median.
1. Hoquiam
Insider Monkey Score: 47
IM Cost of Living Index: 96.6
Average Rent (1-bedroom): $978
Median Home Price: $207,000
Livability Score: 74
The best place to retire in Washington according to our list is Hoquiam. Situated in Grays Harbor County, Hoquiam is ideally located on the shores of Grays Harbor, offering the perfect blend of coastal beauty, small-town charm, and outdoor recreation. This affordable haven offers rents below the $1,000 mark, reasonable real estate, as well as a relaxed pace of life.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 15 Countries with the Highest Savings Rate in the World and Artillery Strength by Country: Top 20 Militaries.