This article looks at the 5 cheap places to retire near the beach. If you wish to check out our detailed analysis on the baby boomer home-buying boom, go to 15 Cheap Places to Retire Near the Beach.
5. Mobile, Alabama
Insider Monkey Score: 26
Located on the Gulf of Mexico, Mobile in Alabama is another place to check out for those who wish to enjoy a coastal living within reasonable costs. Beautiful Gulf Coast beaches are accessible to retirees here, with plenty of outdoor recreational opportunities to enjoy. The climate in the Mobile area remains mild throughout the year. There is an active retirement community, numerous medical facilities, and even numerous cultural and historical attractions to explore. The median sale price of a home in Mobile is $202,000; while the cost of living in the city is 15.9% lower than the US average.
4. Brunswick, Georgia
Insider Monkey Score: 26
Situated on the southeastern coast of Georgia, Brunswick is a reasonable place to retire near the beach. The beautiful beaches of the Atlantic Ocean can be accessed here, offering retirees a coastal lifestyle and numerous water-based recreational activities. The climate remains relatively mild, with warm summers and mild winters. The median sale price of a home in Brunswick is $201,000; while the cost of living in the city is 9.1% lower than the US average.
3. Gulfport, Mississippi
Insider Monkey Score: 28
Situated on the Mississippi Gulf Coast, Gulfport offers beautiful beaches of the Gulf of Mexico to retirees. Retirees can enjoy many beach activities here, as well as an affordable cost of living. The median sale price of a home in Gulfport is $180,000; while the overall cost of living in the city is 17.4% lower than the US average.
2. Gautier, Mississippi
Insider Monkey Score: 28.5
Sitting along the Gulf of Mexico, west of Pascagoula, Gautier is a friendly and happy place to retire to. There are many affordable beachfront and beach-side living options available. The median sale price of a home in Gautier is $175,000. The cost of living in the city is 16.5% lower than the US average. Retirees in Gautier get to enjoy several activities such as fishing, kayaking, hiking, and other water-based activities on the beach.
1. Pascagoula, Mississippi
Insider Monkey Score: 29.5
Retirees can enjoy the sandy shores and warm gulf waters of the Mississippi Gulf Coast in Pascagoula, Mississippi. The state of Mississippi is already revered for its low cost of living, affordable real estate, and low property taxes, and this city is no exception to it. The median sale price of a home in Pascagoula is $134,000. Retirees can enjoy various outdoor activities throughout the year in Pascagoula while enjoying an affordable cost of living.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 25 US Cities with Cleanest Air and Water and 25 Cities with the Best Climate in the World Year Round.