This article takes a look at the 5 most affordable California cities for retirees. If you wish to check out our detailed analysis on the California exodus, you may go to the 15 Most Affordable California Cities for Retirees.
5. Tulare
Insider Monkey Score: 41
IM Cost of Living Index: 102.3
Median Home Price: $369,000
Median Rent (1-bedroom): $1,000
Livability Score: 61
Those who are looking for affordable homes or rental spaces and a decent quality of life can choose to retire in Tulare. There are more than 250 sunny days in a year here in the city, enabling seniors to enjoy an outdoor lifestyle. The city also offers seniors a relatively affordable cost of living, a mild climate, and access to essential amenities. With its welcoming community and proximity to healthcare facilities, Tulare can be a comfortable and convenient place for seniors to reside.
4. Clearlake
Insider Monkey Score: 41
IM Cost of Living Index: 102.4
Median Home Price: $210,000
Median Rent (1-bedroom): $1,014
Livability Score: 61
Those looking for a small-town vibe and friendly neighbors should explore Clearlake in California. The city is home to beautiful landscapes, such as Clear Lake, which is the largest natural freshwater lake in the state. The city’s laid-back atmosphere, abundant recreational activities, and a strong sense of community make it a reasonable retirement destination.
3. Fresno
Insider Monkey Score: 46
IM Cost of Living Index: 105.4
Median Home Price: $367,000
Median Rent (1-bedroom): $950
Livability Score: 65
A lot of people who have lived in Freso have either a love or a hate relationship; there is no in-between. If you wish to count yourself in the latter, the best course of action is to choose neighborhoods that are safe and friendly and are near the amenities you need. The cost of living in Fresno is 5.4% higher than the national average. Moreover, Zillow notes that the median rent for a 1-bedroom is less than $1,000.
2. Visalia
Insider Monkey Score: 47
IM Cost of Living Index: 101.8
Median Home Price: $375,000
Median Rent (1-bedroom): $1,100
Livability Score: 75
Revered for its pleasant climate, affordable cost of living, and friendly community, Visalia can be another affordable city for retirees. Median home prices are close to national marks, and median rents are also quite reasonable. The city offers a range of recreational activities, parks, as well as cultural events to enrich the retiree experience. Access to quality healthcare facilities and proximity to natural attractions make Visalia a well-rounded and comfortable destination.
1. Merced
Insider Monkey Score: 50
IM Cost of Living Index: 101.6
Median Home Price: $410,000
Median Rent (1-bedroom): $1,095
Livability Score: 78
Nestled in the heart of San Joaquin Valley, Merced can be a wonderful place to live for retirees. The city boasts numerous municipal and private golf courses, bike paths, and opportunities for water skiing, fishing, and even sailing. Besides the abundant recreational opportunities, the city has affordable homes and a friendly environment to boast. In order to avail the best retirement experience, it is wise to research about the best neighborhoods and residential areas in the city.
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