Statistics About The Most Affordable Places To Retire

In this post, we will explore the most affordable places to retire based on housing prices, cost of living, and demographic statistics. From Asheville, North Carolina, with a median home price of $223,838 for individuals aged 60 and older, to Coeur D’Alene, Idaho, where the cost of living is over 2% below the U.S. average, we will analyze key data points to help you make an informed decision about your retirement destination.

Statistic 1

"Asheville, North Carolina has a median home price for people aged 60 and older of $223,838."

Statistic 2

"78% of residents over age 65 in Winston-Salem, North Carolina, own their home."

Statistic 3

"The city of Coeur D’Alene, Idaho, has a cost of living that is more than 2% lower than the U.S. average."

Statistic 4

"Port St. Lucie, Florida, has a median home price of $230,000."

Statistic 5

"Over 20% of Naples, Florida's population is aged 65 and older."

Statistic 6

"Athens, Georgia has an average rent cost of $923 per month."

Statistic 7

"More than 39% of the population in Venice, Florida is aged 65 or older."

Statistic 8

"The poverty level for seniors aged 65 and over in Corpus Christi, Texas is 9.1%."

Statistic 9

"The median home price in Las Cruces, New Mexico is $171,700."

Statistic 10

"Little Rock, Arkansas, has 27.82% lower living costs than the US average."

Statistic 11

"The mean housing price in Tucson, Arizona, is about $141,300."

Statistic 12

"The age 65 and older population in Bismarck, North Dakota is 16.4%."

Statistic 13

"The median home cost in San Marcos, Texas is less than $200,000."

Statistic 14

"More than 15% of Santa Fe, New Mexico's residents are 65 or older."

Statistic 15

"The living wage in Ocala, Florida for one adult is $13.00/hr."

Overall, the statistics indicate a variety of affordable options for retirees across the United States. Cities like Asheville, North Carolina, Winston-Salem, North Carolina, and Coeur D’Alene, Idaho offer reasonable housing costs and living expenses, making them attractive options for retirees on a budget. Additionally, places like Port St. Lucie, Florida, Las Cruces, New Mexico, and San Marcos, Texas provide affordable housing options for seniors. With a mix of lower living costs, affordable housing prices, and higher population percentages of seniors, retirees have a range of choices to consider when planning their retirement destination.